Alaska Air Group's Valuation Revisited Amid Share Price Slump

Alaska Air Group's stock has dropped 14% in the past month and 19% in the past 3 months, reflecting broader industry challenges. The company's recent price-to-earnings ratio is higher than the global airlines average, indicating valuation risk. However, the analyst consensus is betting on bold growth and higher future margins, suggesting the stock might offer a notable discount and upside if assumptions prove true.