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

Alaska Air Group (NYSE:ALK) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.750- for the period, compared to the consensus EPS estimate of 5.440. The company issued revenue guidance of -. Alaska Air Group also updated its FY25 guidance to at least $5.75 EPS.

Alaska Air Group Price Performance

ALK stock opened at $61.32 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 0.93. Alaska Air Group has a 52-week low of $32.62 and a 52-week high of $63.90. The stock’s 50 day moving average is $49.29 and its two-hundred day moving average is $42.57. The company has a market capitalization of $7.78 billion, a PE ratio of 24.73, a P/E/G ratio of 1.23 and a beta of 1.60.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Thursday, October 31st. The transportation company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.22 by $0.03. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3 billion. Alaska Air Group had a return on equity of 12.81% and a net margin of 2.99%. The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.83 EPS. Analysts predict that Alaska Air Group will post 4.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ALK. Bank of America boosted their price objective on Alaska Air Group from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Melius upgraded 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. Melius Research upgraded 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. UBS Group reiterated a “buy” rating and set a $72.00 price target on shares of Alaska Air Group in a research report on Tuesday, November 26th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $70.00 price target on shares of Alaska Air Group in a research report on Friday, November 15th. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Alaska Air Group presently has an average rating of “Moderate Buy” and a consensus target price of $60.08.

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.