Shares of Alaska Air Group, Inc. (NYSE:ALK – Get Free Report) have been assigned an average rating of “Moderate Buy” from the fourteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $62.00.
Several research analysts have recently issued reports on ALK shares. UBS Group increased their price objective on shares of Alaska Air Group from $54.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald set a $63.00 price target on Alaska Air Group in a research note on Friday, January 30th. Weiss Ratings lowered Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Morgan Stanley decreased their price target on Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd.
Check Out Our Latest Report on Alaska Air Group
Hedge Funds Weigh In On Alaska Air Group
Alaska Air Group Stock Up 1.3%
NYSE:ALK opened at $46.58 on Friday. The firm has a market capitalization of $5.19 billion, a PE ratio of 87.88 and a beta of 1.25. The stock has a 50 day moving average of $39.70 and a 200-day moving average of $45.57. Alaska Air Group has a 52 week low of $33.03 and a 52 week high of $65.88. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 1.29.
Alaska Air Group (NYSE:ALK – Get Free Report) last posted its earnings results on Monday, April 20th. The transportation company reported ($1.68) EPS for the quarter, missing the consensus estimate of ($1.61) by ($0.07). Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same period last year, the company posted ($0.77) earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Analysts predict that Alaska Air Group will post -1.04 EPS for the current year.
About Alaska Air Group
Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.
The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.
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