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

Alaska Air Group (NYSE:ALK) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.400- for the period, compared to the consensus estimate of 2.940. The company issued revenue guidance of -. Alaska Air Group also updated its Q4 2025 guidance to 0.400- EPS.

Wall Street Analyst Weigh In

ALK has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their target price on Alaska Air Group from $73.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Evercore ISI cut their price target on shares of Alaska Air Group from $70.00 to $65.00 and set an “outperform” rating on the stock in a report on Tuesday, September 16th. UBS Group reiterated a “buy” rating and set a $90.00 price objective on shares of Alaska Air Group in a report on Tuesday. Zacks Research lowered Alaska Air Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Alaska Air Group in a report on Wednesday, October 8th. Thirteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $71.62.

Alaska Air Group Price Performance

Shares of NYSE ALK opened at $46.62 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.14. Alaska Air Group has a 52 week low of $39.79 and a 52 week high of $78.08. The business’s 50 day moving average price is $55.15 and its 200 day moving average price is $51.78. The firm has a market cap of $5.38 billion, a P/E ratio of 18.95, a P/E/G ratio of 0.75 and a beta of 1.40.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Thursday, October 23rd. The transportation company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.27). Alaska Air Group had a net margin of 2.33% and a return on equity of 12.62%. On average, sell-side analysts expect that Alaska Air Group will post 6.03 earnings per share for the current year.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 7,600 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $53.22, for a total value of $404,472.00. Following the sale, the executive vice president owned 18,930 shares in the company, valued at approximately $1,007,454.60. This represents a 28.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Shane R. Tackett sold 5,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $57.06, for a total transaction of $285,300.00. Following the sale, the chief financial officer owned 43,335 shares in the company, valued at approximately $2,472,695.10. This represents a 10.34% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,514 shares of company stock valued at $1,031,306. 1.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Alaska Air Group

A number of institutional investors have recently added to or reduced their stakes in ALK. Osaic Holdings Inc. raised its position in Alaska Air Group by 8.6% during the second quarter. Osaic Holdings Inc. now owns 15,565 shares of the transportation company’s stock worth $770,000 after acquiring an additional 1,239 shares during the period. State of Wyoming boosted its holdings in Alaska Air Group by 102.1% in the 2nd quarter. State of Wyoming now owns 3,761 shares of the transportation company’s stock worth $186,000 after buying an additional 1,900 shares during the last quarter. Auxier Asset Management increased its stake in Alaska Air Group by 5.3% during the 2nd quarter. Auxier Asset Management now owns 8,005 shares of the transportation company’s stock worth $396,000 after buying an additional 400 shares in the last quarter. Captrust Financial Advisors raised its stake in Alaska Air Group by 59.6% in the 2nd quarter. Captrust Financial Advisors now owns 19,191 shares of the transportation company’s stock valued at $950,000 after purchasing an additional 7,164 shares during the last quarter. Finally, Two Sigma Securities LLC acquired a new position in shares of Alaska Air Group during the 2nd quarter worth approximately $456,000. Institutional investors and hedge funds own 81.90% 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.