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

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ALK. Barclays upped their price target on shares of Alaska Air Group from $55.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. The Goldman Sachs Group increased 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. Citigroup increased their target price on Alaska Air Group from $63.00 to $74.00 and gave the company a “buy” rating in a research note on Monday, December 16th. UBS Group increased their target price on Alaska Air Group from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Finally, Evercore ISI reduced their target price on Alaska Air Group from $60.00 to $55.00 and set an “outperform” rating on the stock in a research note on Thursday, October 3rd. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Alaska Air Group presently has a consensus rating of “Moderate Buy” and an average price target of $72.57.

Alaska Air Group Stock Down 2.3 %

ALK traded down $1.60 on Wednesday, hitting $67.28. The company had a trading volume of 4,369,555 shares, compared to its average volume of 2,713,023. 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 has a 52-week low of $32.62 and a 52-week high of $70.21. The stock has a fifty day simple moving average of $60.81 and a 200-day simple moving average of $47.78. The firm has a market capitalization of $8.54 billion, a P/E ratio of 27.13, a P/E/G ratio of 0.59 and a beta of 1.54.

Alaska Air Group (NYSE:ALK) last announced its earnings results on Thursday, October 31st. The transportation company reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.03. Alaska Air Group had a net margin of 2.99% and a return on equity of 12.81%. The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3 billion. During the same quarter last year, the firm earned $1.83 earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. As a group, equities analysts expect that Alaska Air Group will post 4.37 EPS for the current fiscal year.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, COO Muehlen Constance E. Von sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were 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 owns 12,162 shares of the company’s stock, valued at approximately $767,300.58. This trade represents a 24.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Andrew R. Harrison sold 13,880 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $64.01, for a total transaction of $888,458.80. Following the sale, the executive vice president now directly owns 20,638 shares of the company’s stock, valued at $1,321,038.38. This trade represents a 40.21 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 34,473 shares of company stock valued at $2,198,342. Corporate insiders own 0.92% 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.