Q1 EPS Estimates for Alaska Air Group Cut by Seaport Res Ptn

Alaska Air Group, Inc. (NYSE:ALK - Free Report) - Analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share (EPS) estimates for Alaska Air Group in a research note issued to investors on Tuesday, January 21st. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will earn ($0.90) per share for the quarter, down from their prior forecast of ($0.65). The consensus estimate for Alaska Air Group's current full-year earnings is $6.03 per share. Seaport Res Ptn also issued estimates for Alaska Air Group's Q4 2025 earnings at $1.00 EPS.

A number of other analysts also recently issued reports on the stock. Bank of America lifted their price target on shares of Alaska Air Group from $70.00 to $80.00 and gave the company a "buy" rating in a report on Friday, January 17th. UBS Group lifted their price objective 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. Citigroup upped their target price on shares of Alaska Air Group from $63.00 to $74.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Barclays upped their price objective on Alaska Air Group from $55.00 to $80.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. Finally, Evercore ISI decreased their target price on Alaska Air Group from $60.00 to $55.00 and set an "outperform" rating for the company in a research report on Thursday, October 3rd. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $74.86.

Alaska Air Group Price Performance

Shares of Alaska Air Group stock traded up $1.05 on Friday, hitting $69.90. 2,781,301 shares of the company traded hands, compared to its average volume of 2,973,753. Alaska Air Group has a 52 week low of $32.62 and a 52 week high of $71.70. The business has a 50-day simple moving average of $61.76 and a 200 day simple moving average of $48.28. 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 stock has a market capitalization of $8.87 billion, a P/E ratio of 22.92, a price-to-earnings-growth ratio of 0.59 and a beta of 1.54.

Alaska Air Group (NYSE:ALK - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.52. Alaska Air Group had a net margin of 3.37% and a return on equity of 14.78%.

Insider Activity at Alaska Air Group

In other news, VP Emily Halverson sold 1,329 shares of the company's stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $64.41, for a total transaction of $85,600.89. Following the transaction, the vice president now directly owns 7,150 shares of the company's stock, valued at approximately $460,531.50. This represents a 15.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Andrea L. Schneider sold 800 shares of the stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $63.89, for a total value of $51,112.00. Following the sale, the senior vice president now owns 20,286 shares of the company's stock, valued at approximately $1,296,072.54. This represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 34,473 shares of company stock valued at $2,198,342 over the last quarter. 0.68% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Greenleaf Trust boosted its holdings in Alaska Air Group by 5.1% in the fourth quarter. Greenleaf Trust now owns 5,283 shares of the transportation company's stock worth $342,000 after acquiring an additional 258 shares in the last quarter. SYM FINANCIAL Corp purchased a new stake in Alaska Air Group during the 4th quarter worth approximately $201,000. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in Alaska Air Group by 0.3% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 104,465 shares of the transportation company's stock valued at $6,764,000 after purchasing an additional 345 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new position in shares of Alaska Air Group in the fourth quarter worth $255,000. Finally, TriaGen Wealth Management LLC acquired a new stake in shares of Alaska Air Group during the fourth quarter worth $322,000. 81.90% of the stock is owned by institutional investors and hedge funds.

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.