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

Alaska Air Group (NYSE:ALK) 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 $74.54 on Friday. The stock’s fifty day moving average is $63.31 and its 200 day moving average is $49.23. The firm has a market capitalization of $9.46 billion, a PE ratio of 24.44, a PEG ratio of 0.65 and a beta of 1.54. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.58 and a current ratio of 0.61. Alaska Air Group has a fifty-two week low of $32.62 and a fifty-two week high of $74.65.

Alaska Air Group (NYSE:ALK) 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 14.66% and a net margin of 3.37%. On average, sell-side analysts anticipate that Alaska Air Group will post 6.03 earnings per share for the current year.

Analyst Ratings Changes

ALK has been the subject of a number of recent research reports. Bank of America boosted their target price 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. Morgan Stanley raised their target price on Alaska Air Group from $70.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. UBS Group lifted their price objective 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. Susquehanna upgraded Alaska Air Group from a “neutral” rating to a “positive” rating and set a $95.00 target price on the stock in a research note on Tuesday, January 7th. Finally, Evercore ISI reduced their price target 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 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 company presently has an average rating of “Moderate Buy” and an average target price of $74.86.

Insider Activity

In other news, CFO Shane R. Tackett sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $63.56, for a total value of $317,800.00. Following the transaction, the chief financial officer now directly owns 27,362 shares of the company’s stock, valued at approximately $1,739,128.72. This trade represents a 15.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Andrea L. Schneider sold 3,700 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $63.50, for a total transaction of $234,950.00. Following the transaction, the senior vice president now owns 21,086 shares in the company, valued at $1,338,961. The trade was a 14.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 135,718 shares of company stock worth $9,379,631 over the last 90 days. 0.68% of the stock is currently 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.