Alaska Air Group (ALK)
(Delayed Data from NYSE)
$40.02 USD
+0.46 (1.16%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $40.02 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth B Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ALK 40.02 +0.46(1.16%)
Will ALK be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for ALK based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ALK
Why Alaska Air Group (ALK) is a Top Value Stock for the Long-Term
Why Alaska Air Group (ALK) is a Top Value Stock for the Long-Term
ALK: What are Zacks experts saying now?
Zacks Private Portfolio Services
5 Broker-Loved Stocks to Keep an Eye on Post Fed's Huge Rate Cut
Alaska Air Completes Buyout of Hawaiian: What's Next for Investors?
Airline Stock Roundup: ALK's Bullish Q3 View, AAL's Labor Update
Other News for ALK
Alaska Air Group announces Investor Day in December
The World Opens To Alaska Airlines With Its Merger Approval
ALK November 15th Options Begin Trading
Alaska Airlines announces completion of Hawaiian Airlines purchase
Alaska Airlines completes its acquisition of Hawaiian Air, which will remain a separate brand