Brokers Issue Forecasts for Alaska Air Group, Inc.'s Q1 2025 Earnings (NYSE:ALK)

Alaska Air Group, Inc. (NYSE:ALK - Free Report) - Research analysts at Zacks Research cut their Q1 2025 earnings estimates for Alaska Air Group in a research report issued to clients and investors on Tuesday, September 17th. Zacks Research analyst M. Basu now anticipates that the transportation company will post earnings of $0.31 per share for the quarter, down from their prior estimate of $0.38. The consensus estimate for Alaska Air Group's current full-year earnings is $4.17 per share. Zacks Research also issued estimates for Alaska Air Group's Q3 2025 earnings at $2.10 EPS, FY2025 earnings at $6.42 EPS, Q1 2026 earnings at $1.55 EPS and Q2 2026 earnings at $1.75 EPS.

Alaska Air Group (NYSE:ALK - Get Free Report) last posted its quarterly earnings data on Thursday, July 18th. The transportation company reported $2.55 earnings per share for the quarter, topping analysts' consensus estimates of $2.36 by $0.19. Alaska Air Group had a return on equity of 11.85% and a net margin of 2.14%. The business had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the company earned $3.00 earnings per share. The company's revenue was up 2.1% on a year-over-year basis.

Several other research firms have also recently commented on ALK. Morgan Stanley lowered their price target on shares of Alaska Air Group from $75.00 to $70.00 and set an "overweight" rating for the company in a report on Monday, July 22nd. Susquehanna decreased their target price on Alaska Air Group from $42.00 to $41.00 and set a "neutral" rating for the company in a research note on Tuesday, July 16th. Citigroup dropped their price target on shares of Alaska Air Group from $51.00 to $48.00 and set a "buy" rating on the stock in a research note on Thursday, August 29th. Bank of America upped their target price on shares of Alaska Air Group from $50.00 to $55.00 and gave the company a "buy" rating in a report on Friday, September 13th. Finally, TD Cowen lifted their price target on shares of Alaska Air Group from $51.00 to $52.00 and gave the stock a "buy" rating in a research note on Friday, September 13th. Four investment analysts have rated the stock with a hold rating and eight have given 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 $54.00.

Alaska Air Group Stock Down 0.5 %

Shares of Alaska Air Group stock traded down $0.19 on Thursday, reaching $39.57. 2,475,297 shares of the company were exchanged, compared to its average volume of 2,242,171. The stock's 50 day moving average price is $37.07 and its 200-day moving average price is $39.86. The company has a market cap of $5.02 billion, a P/E ratio of 21.16, a price-to-earnings-growth ratio of 0.60 and a beta of 1.59. Alaska Air Group has a 1-year low of $30.75 and a 1-year high of $46.15. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.68 and a quick ratio of 0.66.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Altshuler Shaham Ltd acquired a new stake in shares of Alaska Air Group during the second quarter worth $28,000. Principal Securities Inc. acquired a new stake in shares of Alaska Air Group in the 4th quarter worth $39,000. LifeSteps Financial Inc. purchased a new stake in shares of Alaska Air Group in the first quarter valued at about $65,000. Parallel Advisors LLC increased its stake in shares of Alaska Air Group by 28.4% during the fourth quarter. Parallel Advisors LLC now owns 1,688 shares of the transportation company's stock worth $66,000 after acquiring an additional 373 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Alaska Air Group during the second quarter worth about $69,000. 81.90% of the stock is currently owned by hedge funds and other institutional investors.

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.