Alaska Air Group (NYSE:ALK) Issues Quarterly Earnings Results, Beats Expectations By $0.52 EPS

Alaska Air Group (NYSE:ALK) announced its earnings results on Wednesday. The transportation company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.52, Zacks reports. Alaska Air Group had a return on equity of 12.81% and a net margin of 2.99%. Alaska Air Group updated its Q1 2025 guidance to -0.700–0.500 EPS.

Alaska Air Group Stock Performance

Shares of Alaska Air Group stock opened at $68.72 on Friday. The firm has a market capitalization of $8.72 billion, a P/E ratio of 27.71, a P/E/G ratio of 0.61 and a beta of 1.54. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 0.93. Alaska Air Group has a 52 week low of $32.62 and a 52 week high of $71.70. The firm’s 50 day moving average is $61.44 and its two-hundred day moving average is $48.06.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Susquehanna upgraded Alaska Air Group from a “neutral” rating to a “positive” rating and set a $95.00 price objective on the stock in a report on Tuesday, January 7th. Barclays increased their price target on shares of Alaska Air Group from $55.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. TD Cowen lifted their price objective on shares of Alaska Air Group from $85.00 to $110.00 and gave the company a “buy” rating in a report on Friday. The Goldman Sachs Group increased their target price on shares of Alaska Air Group from $70.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Finally, Melius upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research note on Monday, October 28th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.86.

Insider Activity

In other news, 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 value of $234,950.00. Following the completion of the sale, the senior vice president now directly owns 21,086 shares of the company’s stock, valued at approximately $1,338,961. The trade was a 14.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Muehlen Constance E. Von sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $63.09, for a total value of $252,360.00. Following the transaction, the chief operating officer now owns 12,162 shares in the company, valued at $767,300.58. This represents a 24.75 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,473 shares of company stock worth $2,198,342. Corporate insiders own 0.68% of the company’s stock.

Alaska Air Group Company Profile

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.