Alaska Air Group (NYSE:ALK) Rating Lowered to Strong Sell at Zacks Research

Alaska Air Group (NYSE:ALK) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Alaska Air Group’s Q4 2026 earnings at $1.39 EPS and FY2028 earnings at $9.18 EPS.

ALK has been the topic of several other reports. Citigroup reduced their target price on Alaska Air Group from $69.00 to $51.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Weiss Ratings raised Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. The Goldman Sachs Group reduced their target price on Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Susquehanna boosted their target price on Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a report on Friday, January 9th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $71.00 target price on shares of Alaska Air Group in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alaska Air Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.67.

Alaska Air Group Stock Up 7.9%

Shares of ALK opened at $39.84 on Tuesday. The company has a market capitalization of $4.51 billion, a P/E ratio of 45.79, a PEG ratio of 0.51 and a beta of 1.27. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.50 and a quick ratio of 0.46. Alaska Air Group has a one year low of $33.03 and a one year high of $65.88. The business’s 50 day simple moving average is $46.52 and its 200-day simple moving average is $47.12.

Alaska Air Group (NYSE:ALK) last announced its earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.11 by $0.32. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.Alaska Air Group’s revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.97 EPS. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. As a group, sell-side analysts predict that Alaska Air Group will post 6.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Kyle B. Levine sold 2,945 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $60.02, for a total value of $176,758.90. Following the completion of the transaction, the executive vice president owned 20,977 shares in the company, valued at $1,259,039.54. The trade was a 12.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Andrew R. Harrison sold 14,500 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $54.81, for a total transaction of $794,745.00. Following the sale, the executive vice president owned 20,195 shares of the company’s stock, valued at $1,106,887.95. The trade was a 41.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 56,945 shares of company stock worth $3,204,569 in the last quarter. Insiders own 1.00% of the company’s stock.

Institutional Trading of Alaska Air Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Ellis Investment Partners LLC raised its position in shares of Alaska Air Group by 0.5% during the 3rd quarter. Ellis Investment Partners LLC now owns 40,885 shares of the transportation company’s stock valued at $2,035,000 after acquiring an additional 212 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in Alaska Air Group by 30.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after purchasing an additional 212 shares during the period. True Wealth Design LLC boosted its stake in Alaska Air Group by 19.9% in the 3rd quarter. True Wealth Design LLC now owns 1,397 shares of the transportation company’s stock worth $70,000 after purchasing an additional 232 shares during the period. Lesa Sroufe & Co boosted its stake in Alaska Air Group by 0.7% in the 3rd quarter. Lesa Sroufe & Co now owns 36,589 shares of the transportation company’s stock worth $1,821,000 after purchasing an additional 242 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Alaska Air Group by 6.0% in the 3rd quarter. GAMMA Investing LLC now owns 4,387 shares of the transportation company’s stock worth $218,000 after purchasing an additional 249 shares during the period. Institutional investors own 81.90% of the company’s stock.

Alaska Air Group Company Profile

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.