Alaska Air Group (NYSE:ALK) Releases FY 2025 Earnings Guidance

Alaska Air Group (NYSE:ALK - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.750- for the period, compared to the consensus estimate of 5.440. The company issued revenue guidance of -. Alaska Air Group also updated its FY25 guidance to at least $5.75 EPS.

Wall Street Analysts Forecast Growth

ALK has been the subject of several research reports. Melius upgraded Alaska Air Group from a "hold" rating to a "buy" rating and set a $56.00 price target for the company in a research note on Monday, October 28th. Citigroup reduced their target price on shares of Alaska Air Group from $51.00 to $48.00 and set a "buy" rating for the company in a research note on Thursday, August 29th. UBS Group restated a "buy" rating and set a $72.00 price target on shares of Alaska Air Group in a research note on Tuesday, November 26th. Evercore ISI lowered their target price on shares of Alaska Air Group from $60.00 to $55.00 and set an "outperform" rating on the stock in a report on Thursday, October 3rd. Finally, Susquehanna raised their price target on Alaska Air Group from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Wednesday, October 9th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $60.08.

Alaska Air Group Trading Up 13.2 %

NYSE ALK traded up $7.16 on Tuesday, hitting $61.32. The company's stock had a trading volume of 5,800,462 shares, compared to its average volume of 2,252,968. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 0.93. Alaska Air Group has a 52-week low of $32.62 and a 52-week high of $63.90. The firm has a market cap of $7.78 billion, a P/E ratio of 24.55, a PEG ratio of 1.23 and a beta of 1.60. The company's 50-day simple moving average is $48.97 and its 200 day simple moving average is $42.44.

Alaska Air Group (NYSE:ALK - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The transportation company reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.03. Alaska Air Group had a net margin of 2.99% and a return on equity of 12.81%. The business had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3 billion. During the same quarter in the previous year, the business posted $1.83 earnings per share. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year. Research analysts predict that Alaska Air Group will post 4.26 EPS for the current fiscal year.

Alaska Air Group Company Profile

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.