Seaport Res Ptn Issues Optimistic Forecast for ALK Earnings

Alaska Air Group, Inc. (NYSE:ALK - Free Report) - Equities research analysts at Seaport Res Ptn increased their Q4 2025 EPS estimates for shares of Alaska Air Group in a research report issued to clients and investors on Tuesday, April 8th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings of $1.15 per share for the quarter, up from their previous estimate of $1.00. The consensus estimate for Alaska Air Group's current full-year earnings is $6.03 per share.

ALK has been the topic of several other reports. Susquehanna cut their price objective on shares of Alaska Air Group from $95.00 to $55.00 and set a "positive" rating on the stock in a report on Monday, April 7th. Barclays lowered their price target on Alaska Air Group from $80.00 to $62.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. UBS Group cut shares of Alaska Air Group from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $75.00 to $54.00 in a research report on Monday, April 7th. Bank of America reduced their price objective on shares of Alaska Air Group from $80.00 to $70.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Finally, Citigroup decreased their price objective on shares of Alaska Air Group from $83.00 to $81.00 and set a "buy" rating for the company in a report on Tuesday, March 18th. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, Alaska Air Group has a consensus rating of "Moderate Buy" and a consensus target price of $70.15.

Alaska Air Group Trading Down 1.8 %

Shares of ALK stock traded down $0.82 during mid-day trading on Wednesday, hitting $44.94. 693,617 shares of the company's stock were exchanged, compared to its average volume of 2,595,047. The company has a quick ratio of 0.58, a current ratio of 0.61 and a debt-to-equity ratio of 1.04. The stock has a market cap of $5.52 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 0.43 and a beta of 1.37. The stock has a 50-day simple moving average of $60.16 and a two-hundred day simple moving average of $57.99. Alaska Air Group has a fifty-two week low of $32.62 and a fifty-two week high of $78.08.

Alaska Air Group (NYSE:ALK - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.52. Alaska Air Group had a net margin of 3.37% and a return on equity of 14.66%.

Insider Activity at Alaska Air Group

In related news, SVP Andrea L. Schneider sold 1,830 shares of the business's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $73.32, for a total transaction of $134,175.60. Following the completion of the transaction, the senior vice president now owns 20,286 shares of the company's stock, valued at approximately $1,487,369.52. The trade was a 8.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew R. Harrison sold 91,745 shares of Alaska Air Group stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $71.14, for a total value of $6,526,739.30. Following the completion of the transaction, the executive vice president now directly owns 20,638 shares in the company, valued at approximately $1,468,187.32. This represents a 81.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 154,725 shares of company stock valued at $11,217,263. Insiders own 0.68% of the company's stock.

Hedge Funds Weigh In On Alaska Air Group

Several large investors have recently bought and sold shares of the stock. UMB Bank n.a. grew its position in Alaska Air Group by 459.1% during the first quarter. UMB Bank n.a. now owns 1,297 shares of the transportation company's stock worth $64,000 after buying an additional 1,065 shares in the last quarter. Perkins Coie Trust Co increased its stake in Alaska Air Group by 125.7% in the first quarter. Perkins Coie Trust Co now owns 677 shares of the transportation company's stock valued at $33,000 after acquiring an additional 377 shares during the period. Merit Financial Group LLC raised its position in Alaska Air Group by 28.8% in the first quarter. Merit Financial Group LLC now owns 9,513 shares of the transportation company's stock worth $468,000 after purchasing an additional 2,128 shares in the last quarter. Rhumbline Advisers lifted its stake in Alaska Air Group by 14.9% during the first quarter. Rhumbline Advisers now owns 344,036 shares of the transportation company's stock worth $16,933,000 after purchasing an additional 44,688 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in Alaska Air Group by 31.2% during the first quarter. Parallel Advisors LLC now owns 1,953 shares of the transportation company's stock valued at $96,000 after purchasing an additional 464 shares in the last quarter. 81.90% of the stock is currently 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.