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

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

Alaska Air Group Stock Performance

NYSE ALK opened at $72.15 on Thursday. The company’s fifty day moving average is $62.86 and its two-hundred day moving average is $49.06. 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 current ratio of 0.60 and a quick ratio of 0.57. The firm has a market capitalization of $9.16 billion, a price-to-earnings ratio of 23.65, a P/E/G ratio of 0.59 and a beta of 1.54.

Alaska Air Group (NYSE:ALKGet Free Report) last released its earnings results on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.52. Alaska Air Group had a return on equity of 14.78% and a net margin of 3.37%. Equities research analysts forecast that Alaska Air Group will post 6.03 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. TD Cowen boosted their price target on shares of Alaska Air Group from $85.00 to $110.00 and gave the company a “buy” rating in a report on Friday, January 24th. Susquehanna raised Alaska Air Group from a “neutral” rating to a “positive” rating and set a $95.00 price objective on the stock in a report on Tuesday, January 7th. Melius Research upgraded Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Monday, October 28th. Barclays boosted their target price on shares of Alaska Air Group from $55.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Finally, UBS Group lifted their price target on shares of Alaska Air Group from $81.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $74.86.

Get Our Latest Stock Analysis on Alaska Air Group

Insider Buying and Selling at Alaska Air Group

In other news, VP Emily Halverson sold 1,329 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $64.41, for a total value of $85,600.89. Following the transaction, the vice president now directly owns 7,150 shares in the company, valued at $460,531.50. This trade represents a 15.67 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Joseph A. Sprague sold 2,325 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $64.38, for a total value of $149,683.50. Following the completion of the sale, the chief executive officer now owns 19,340 shares of the company’s stock, valued at $1,245,109.20. This represents a 10.73 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 43,973 shares of company stock worth $2,852,892. Insiders own 0.68% of the company’s stock.

About Alaska Air Group

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Alaska Air Group (NYSE:ALK)

Receive News & Ratings for Alaska Air Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaska Air Group and related companies with MarketBeat.com's FREE daily email newsletter.