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

Alaska Air Group (NYSE:ALK) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.750- for the period, compared to the consensus earnings per share estimate of 5.970. The company issued revenue guidance of -.

Alaska Air Group Trading Up 3.2 %

Alaska Air Group stock opened at $74.54 on Friday. Alaska Air Group has a 12 month low of $32.62 and a 12 month high of $74.65. The company has a market capitalization of $9.46 billion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 0.65 and a beta of 1.54. The business’s fifty day simple moving average is $63.31 and its two-hundred day simple moving average is $49.23. The company has a current ratio of 0.61, a quick ratio of 0.58 and a debt-to-equity ratio of 1.04.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.52. Alaska Air Group had a net margin of 3.37% and a return on equity of 14.66%. As a group, equities analysts predict 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 analyst reports. TD Cowen upped their price objective on Alaska Air Group from $85.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Citigroup increased their price objective on Alaska Air Group from $63.00 to $74.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Susquehanna raised Alaska Air Group from a “neutral” rating to a “positive” rating and set a $95.00 target price for the company in a research report on Tuesday, January 7th. Melius Research upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research note on Monday, October 28th. Finally, Morgan Stanley lifted their price target on shares of Alaska Air Group from $70.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.86.

Insider Transactions at Alaska Air Group

In other news, SVP Andrea L. Schneider sold 800 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $63.89, for a total value of $51,112.00. Following the transaction, the senior vice president now owns 20,286 shares of the company’s stock, valued at $1,296,072.54. This trade represents a 3.79 % 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, EVP Andrew R. Harrison sold 13,880 shares of the business’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 value of $888,458.80. Following the transaction, the executive vice president now owns 20,638 shares of the company’s stock, valued at approximately $1,321,038.38. This trade represents a 40.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,718 shares of company stock worth $9,379,631 in the last 90 days. 0.68% of the stock is currently owned by insiders.

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.