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

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Bank of America boosted their target price on Alaska Air Group from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. Melius Research upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a report on Monday, October 28th. The Goldman Sachs Group increased their target price on shares of 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 boosted their price target on shares of 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, TD Cowen raised their price objective on Alaska Air Group from $68.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.57.

Alaska Air Group Trading Down 2.3 %

NYSE:ALK opened at $67.28 on Thursday. Alaska Air Group has a 12-month low of $32.62 and a 12-month high of $70.21. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 0.93. The stock’s 50 day simple moving average is $61.13 and its 200-day simple moving average is $47.91. The firm has a market cap of $8.54 billion, a P/E ratio of 27.13, a PEG ratio of 0.61 and a beta of 1.54.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.52. Alaska Air Group had a net margin of 2.99% and a return on equity of 12.81%. Equities analysts anticipate that Alaska Air Group will post 4.37 EPS for the current year.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, VP Emily Halverson sold 1,329 shares of the 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 completion of the transaction, the vice president now owns 7,150 shares in the company, valued at approximately $460,531.50. This represents a 15.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Andrea L. Schneider sold 800 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $63.89, for a total transaction of $51,112.00. Following the sale, the senior vice president now owns 20,286 shares in the company, valued at $1,296,072.54. The trade was a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,473 shares of company stock worth $2,198,342 over the last 90 days. Company insiders own 0.68% of the company’s stock.

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.