Research Analysts Offer Predictions for ALK Q1 Earnings

Alaska Air Group, Inc. (NYSE:ALK) – Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings per share estimates for shares of Alaska Air Group in a research report issued to clients and investors on Tuesday, April 8th. Seaport Res Ptn analyst D. Mckenzie now forecasts that the transportation company will post earnings per share of ($0.75) for the quarter, down from their prior forecast of ($0.60). The consensus estimate for Alaska Air Group’s current full-year earnings is $6.03 per share. Seaport Res Ptn also issued estimates for Alaska Air Group’s Q2 2025 earnings at $2.30 EPS, Q3 2025 earnings at $1.80 EPS, FY2025 earnings at $4.46 EPS, FY2026 earnings at $5.50 EPS and FY2027 earnings at $8.50 EPS.

A number of other equities research analysts have also recently commented on ALK. UBS Group cut shares of Alaska Air Group from a “buy” rating to a “neutral” rating and reduced their target price for the company from $75.00 to $54.00 in a report on Monday. Susquehanna reduced their price objective on Alaska Air Group from $95.00 to $55.00 and set a “positive” rating for the company in a research note on Monday, April 7th. Bank of America lowered their target price on Alaska Air Group from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, April 3rd. The Goldman Sachs Group upped their price target on Alaska Air Group from $70.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Alaska Air Group from $85.00 to $89.00 and gave the company an “overweight” rating in a research report on Monday, March 3rd. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $70.15.

Alaska Air Group Stock Up 2.7 %

Shares of NYSE:ALK opened at $45.72 on Thursday. Alaska Air Group has a 1-year low of $32.62 and a 1-year high of $78.08. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.61 and a quick ratio of 0.58. The stock has a market cap of $5.61 billion, a P/E ratio of 14.99, a P/E/G ratio of 0.43 and a beta of 1.37. The firm has a fifty day moving average price of $60.16 and a 200 day moving average price of $57.90.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings data on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.52. Alaska Air Group had a return on equity of 14.66% and a net margin of 3.37%.

Institutional Investors Weigh In On Alaska Air Group

Institutional investors have recently modified their holdings of the company. Perkins Coie Trust Co raised its holdings in Alaska Air Group by 125.7% during the first quarter. Perkins Coie Trust Co now owns 677 shares of the transportation company’s stock worth $33,000 after purchasing an additional 377 shares during the last quarter. Avior Wealth Management LLC increased its position in shares of Alaska Air Group by 44.8% in the fourth quarter. Avior Wealth Management LLC now owns 588 shares of the transportation company’s stock valued at $38,000 after buying an additional 182 shares in the last quarter. Wood Tarver Financial Group LLC acquired a new position in shares of Alaska Air Group during the 4th quarter worth $38,000. SBI Securities Co. Ltd. purchased a new stake in shares of Alaska Air Group in the 4th quarter worth about $52,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Alaska Air Group in the 3rd quarter valued at about $59,000. Hedge funds and other institutional investors own 81.90% of the company’s stock.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, CFO Shane R. Tackett sold 22,893 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $75.74, for a total transaction of $1,733,915.82. Following the transaction, the chief financial officer now directly owns 31,873 shares in the company, valued at approximately $2,414,061.02. This represents a 41.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Andrew R. Harrison sold 6,600 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $76.28, for a total transaction of $503,448.00. Following the completion of the transaction, the executive vice president now directly owns 34,030 shares of the company’s stock, valued at approximately $2,595,808.40. This trade represents a 16.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 154,725 shares of company stock valued at $11,217,263. 0.68% of the stock is owned by company insiders.

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.