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

Alaska Air Group (NYSE:ALK - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.750- for the period, compared to the consensus earnings per share estimate of 5.970. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

ALK has been the topic of a number of research reports. Barclays raised their price objective on Alaska Air Group from $55.00 to $80.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. Melius Research upgraded Alaska Air Group from a "hold" rating to a "buy" rating and set a $56.00 target price for the company in a report on Monday, October 28th. UBS Group lifted their target price on shares of Alaska Air Group from $81.00 to $82.00 and gave the stock a "buy" rating in a research note on Tuesday, January 7th. Susquehanna raised Alaska Air Group from a "neutral" rating to a "positive" rating and set a $95.00 price target for the company in a research report on Tuesday, January 7th. Finally, The Goldman Sachs Group lifted their price objective on Alaska Air Group from $70.00 to $79.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, Alaska Air Group has a consensus rating of "Moderate Buy" and an average price target of $74.86.

Alaska Air Group Stock Up 1.9 %

Shares of ALK traded up $1.36 during mid-day trading on Wednesday, reaching $72.77. The company had a trading volume of 866,867 shares, compared to its average volume of 2,838,399. Alaska Air Group has a 52 week low of $32.62 and a 52 week high of $72.89. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.57 and a current ratio of 0.60. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 0.59 and a beta of 1.54. The firm has a 50-day moving average price of $62.48 and a 200 day moving average price of $48.90.

Alaska Air Group (NYSE:ALK - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.52. Alaska Air Group had a return on equity of 14.78% and a net margin of 3.37%. On average, sell-side analysts forecast that Alaska Air Group will post 6.03 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Andrew R. Harrison sold 13,880 shares of the business's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $64.01, for a total transaction of $888,458.80. Following the completion of the transaction, the executive vice president now directly owns 20,638 shares in the company, valued at approximately $1,321,038.38. The trade was a 40.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Muehlen Constance E. Von sold 4,000 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $63.09, for a total transaction of $252,360.00. Following the completion of the sale, the chief operating officer now directly owns 12,162 shares of the company's stock, valued at $767,300.58. This represents a 24.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,973 shares of company stock valued at $2,852,892. Insiders own 0.68% of the company's stock.

About Alaska Air Group

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.