Alaska Air Group (ALK) Projected to Post Earnings on Wednesday

Alaska Air Group (NYSE:ALK - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 16th. Analysts expect the company to announce earnings of $1.57 per share and revenue of $3.65 billion for the quarter. Alaska Air Group has set its Q2 2025 guidance at 1.150-1.650 EPS.

Alaska Air Group (NYSE:ALK - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The transportation company reported ($0.77) EPS for the quarter, missing analysts' consensus estimates of ($0.72) by ($0.05). Alaska Air Group had a return on equity of 15.01% and a net margin of 2.86%. The firm had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.19 billion. During the same quarter in the prior year, the company posted ($0.92) EPS. The company's quarterly revenue was up 40.5% on a year-over-year basis. On average, analysts expect Alaska Air Group to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Alaska Air Group Trading Down 1.0%

NYSE:ALK opened at $50.04 on Wednesday. The stock's 50 day moving average price is $50.23 and its 200 day moving average price is $57.12. Alaska Air Group has a 52 week low of $32.62 and a 52 week high of $78.08. The company has a market capitalization of $6.14 billion, a P/E ratio of 18.20, a P/E/G ratio of 0.54 and a beta of 1.41. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.52 and a current ratio of 0.56.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. UBS Group assumed coverage on Alaska Air Group in a report on Monday. They set a "neutral" rating and a $49.00 price target on the stock. Susquehanna reduced their target price on Alaska Air Group from $95.00 to $55.00 and set a "positive" rating for the company in a research report on Monday, April 7th. TD Cowen increased their price objective on Alaska Air Group from $54.00 to $62.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Bank of America dropped their price objective on Alaska Air Group from $80.00 to $70.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Finally, Citigroup lowered their target price on Alaska Air Group from $83.00 to $81.00 and set a "buy" rating for the company in a research note on Tuesday, March 18th. One analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $66.42.

Insider Activity at Alaska Air Group

In other news, EVP Andrew R. Harrison sold 7,500 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $53.51, for a total transaction of $401,325.00. Following the sale, the executive vice president owned 26,530 shares in the company, valued at $1,419,620.30. This represents a 22.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Emily Halverson sold 2,946 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $51.34, for a total value of $151,247.64. Following the transaction, the vice president owned 8,253 shares in the company, valued at $423,709.02. The trade was a 26.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,479 shares of company stock worth $554,228 in the last 90 days. Company insiders own 0.92% of the company's stock.

Institutional Trading of Alaska Air Group

Large investors have recently modified their holdings of the stock. Empowered Funds LLC boosted its stake in Alaska Air Group by 60.2% in the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company's stock valued at $316,000 after buying an additional 2,414 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Alaska Air Group during the first quarter worth about $1,318,000. Brighton Jones LLC raised its position in shares of Alaska Air Group by 2,046.4% during the fourth quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company's stock worth $6,276,000 after acquiring an additional 92,416 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Alaska Air Group by 81.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company's stock worth $16,747,000 after purchasing an additional 152,953 shares in the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

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.

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