Seaport Res Ptn Cuts Earnings Estimates for Alaska Air Group

Alaska Air Group, Inc. (NYSE:ALK) – Equities researchers at Seaport Res Ptn decreased their Q1 2025 earnings estimates for Alaska Air Group in a report released on Tuesday, January 21st. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will earn ($0.90) per share for the quarter, down from their prior forecast of ($0.65). The consensus estimate for Alaska Air Group’s current full-year earnings is $4.37 per share. Seaport Res Ptn also issued estimates for Alaska Air Group’s Q4 2025 earnings at $1.00 EPS.

Other analysts have also recently issued research reports about the stock. Morgan Stanley increased 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 note on Wednesday, December 11th. The Goldman Sachs Group increased their price target on shares of Alaska Air Group from $70.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. UBS Group increased their price target on shares of Alaska Air Group from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. upped their price objective on shares of Alaska Air Group from $58.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Finally, Bank of America upped their price objective on shares of Alaska Air Group from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, January 17th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $72.57.

Alaska Air Group Stock Performance

Alaska Air Group stock opened at $68.72 on Friday. The firm has a 50 day simple moving average of $61.44 and a 200-day simple moving average of $48.06. Alaska Air Group has a 1-year low of $32.62 and a 1-year high of $71.70. 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 stock has a market cap of $8.72 billion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.54.

Alaska Air Group (NYSE:ALK) last released its earnings results on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.52. Alaska Air Group had a net margin of 2.99% and a return on equity of 12.81%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Avior Wealth Management LLC grew its position in Alaska Air Group by 44.8% during the 4th quarter. Avior Wealth Management LLC now owns 588 shares of the transportation company’s stock worth $38,000 after purchasing an additional 182 shares during the last quarter. Pacific Center for Financial Services purchased a new stake in shares of Alaska Air Group in the third quarter valued at about $45,000. Venturi Wealth Management LLC boosted its holdings in shares of Alaska Air Group by 86.0% in the third quarter. Venturi Wealth Management LLC now owns 1,025 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 474 shares in the last quarter. Pacifica Partners Inc. boosted its holdings in shares of Alaska Air Group by 952.4% in the third quarter. Pacifica Partners Inc. now owns 1,105 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 1,000 shares in the last quarter. Finally, True Wealth Design LLC purchased a new stake in shares of Alaska Air Group in the third quarter valued at about $52,000. 81.90% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, VP Emily Halverson sold 1,329 shares of the firm’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $64.41, for a total transaction of $85,600.89. Following the transaction, the vice president now directly owns 7,150 shares of the company’s stock, valued at approximately $460,531.50. This trade represents a 15.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Joseph A. Sprague sold 2,325 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $64.38, for a total transaction of $149,683.50. Following the transaction, the chief executive officer now directly owns 19,340 shares in the company, valued at $1,245,109.20. The trade was a 10.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,473 shares of company stock valued at $2,198,342 in the last ninety days. 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.