Alaska Air Group (NYSE:ALK) Updates Q1 2025 Earnings Guidance

Alaska Air Group (NYSE:ALK) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.700–0.500 for the period, compared to the consensus earnings per share estimate of -0.750. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ALK. Melius Research raised Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research report on Monday, October 28th. Bank of America increased their price target on Alaska Air Group from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, January 17th. The Goldman Sachs Group raised their target price on Alaska Air Group from $70.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Morgan Stanley raised their target price on Alaska Air Group from $70.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. 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 analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.86.

Alaska Air Group Trading Up 2.0 %

Shares of ALK opened at $68.72 on Friday. The business has a 50-day moving average of $61.44 and a 200 day moving average of $48.06. Alaska Air Group has a fifty-two week low of $32.62 and a fifty-two week high of $71.70. The firm has a market cap of $8.72 billion, a P/E ratio of 22.53, a price-to-earnings-growth ratio of 0.59 and a beta of 1.54. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.57 and a current ratio of 0.60.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data 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 return on equity of 14.78% and a net margin of 3.37%. As a group, research analysts forecast that Alaska Air Group will post 6.03 EPS for the current year.

Insiders Place Their Bets

In other Alaska Air Group news, COO Muehlen Constance E. Von sold 4,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $63.09, for a total value of $252,360.00. Following the completion of the transaction, the chief operating officer now owns 12,162 shares in the company, valued at $767,300.58. This trade represents a 24.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Andrea L. Schneider sold 3,700 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $63.50, for a total value of $234,950.00. Following the completion of the transaction, the senior vice president now owns 21,086 shares of the company’s stock, valued at approximately $1,338,961. This represents a 14.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,473 shares of company stock worth $2,198,342 in the last quarter. 0.68% of the stock is owned by company insiders.

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.