Alaska Air Group (NYSE:ALK) Releases Quarterly Earnings Results, Beats Expectations By $0.22 EPS

Alaska Air Group (NYSE:ALK - Get Free Report) released its earnings results on Wednesday. The transportation company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.22, Zacks reports. Alaska Air Group had a return on equity of 12.33% and a net margin of 2.33%. The firm had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same period in the prior year, the firm earned $2.55 EPS. The firm's revenue was up 27.9% on a year-over-year basis. Alaska Air Group updated its Q3 2025 guidance to 1.000-1.400 EPS and its FY 2025 guidance to 3.250- EPS.

Alaska Air Group Trading Up 3.6%

Alaska Air Group stock traded up $1.81 during trading on Friday, hitting $52.64. The company had a trading volume of 1,672,351 shares, compared to its average volume of 3,255,154. Alaska Air Group has a 1-year low of $32.62 and a 1-year high of $78.08. The company has a current ratio of 0.56, a quick ratio of 0.52 and a debt-to-equity ratio of 1.05. The company's 50 day simple moving average is $50.73 and its 200-day simple moving average is $56.08. The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 0.58 and a beta of 1.41.

Analyst Ratings Changes

Several equities analysts recently issued reports on ALK shares. Bank of America cut their target price on Alaska Air Group from $80.00 to $70.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. UBS Group increased their price target on Alaska Air Group from $49.00 to $56.00 and gave the stock a "neutral" rating in a research report on Friday. Susquehanna lowered their target price on shares of Alaska Air Group from $95.00 to $55.00 and set a "positive" rating on the stock in a research note on Monday, April 7th. Barclays increased their target price on shares of Alaska Air Group from $55.00 to $60.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Finally, TD Cowen raised their price target on shares of Alaska Air Group from $54.00 to $62.00 and gave the company a "buy" rating in a research note on Friday, April 25th. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Alaska Air Group currently has an average rating of "Moderate Buy" and a consensus target price of $67.42.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, VP Emily Halverson sold 2,946 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $51.34, for a total value of $151,247.64. Following the completion of the transaction, the vice president owned 8,253 shares of the company's stock, valued at $423,709.02. This trade represents a 26.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Andrew R. Harrison sold 7,500 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $53.51, for a total transaction of $401,325.00. Following the completion of the transaction, the executive vice president directly owned 26,530 shares of the company's stock, valued at $1,419,620.30. This represents a 22.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,479 shares of company stock valued at $554,228 in the last quarter. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Alaska Air Group

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

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.