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 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 Price Performance

Shares of ALK stock opened at $71.41 on Wednesday. The firm has a fifty day moving average of $62.48 and a two-hundred day moving average of $48.90. The firm has a market cap of $9.07 billion, a P/E ratio of 23.41, a P/E/G ratio of 0.59 and a beta of 1.54. 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.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings results on Wednesday, January 22nd. The transportation company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.52. Alaska Air Group had a return on equity of 14.78% and a net margin of 3.37%. As a group, research analysts anticipate that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ALK has been the topic of several research analyst reports. TD Cowen raised their price objective on Alaska Air Group from $85.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Evercore ISI reduced their price target on shares of Alaska Air Group from $60.00 to $55.00 and set an “outperform” rating on the stock in a research report on Thursday, October 3rd. UBS Group boosted 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 report on Tuesday, January 7th. The Goldman Sachs Group lifted their target price on Alaska Air Group from $70.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Finally, Melius Research upgraded Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Monday, October 28th. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, Alaska Air Group has an average rating of “Moderate Buy” and a consensus price target of $74.86.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, CEO Joseph A. Sprague sold 9,500 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $68.90, for a total transaction of $654,550.00. Following the completion of the sale, the chief executive officer now directly owns 9,840 shares of the company’s stock, valued at approximately $677,976. This represents a 49.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Muehlen Constance E. Von sold 4,000 shares of Alaska Air Group stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $63.09, for a total transaction of $252,360.00. Following the completion of the transaction, the chief operating officer now directly owns 12,162 shares in the company, valued at approximately $767,300.58. This trade represents a 24.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 43,973 shares of company stock valued at $2,852,892 over 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.