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

Alaska Air Group (NYSE:ALK - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.250- for the period. The company issued revenue guidance of -. Alaska Air Group also updated its Q3 2025 guidance to 1.000-1.400 EPS.

Alaska Air Group Trading Up 2.6%

Shares of NYSE ALK traded up $1.34 during trading on Friday, hitting $52.17. 3,178,067 shares of the company traded hands, compared to its average volume of 3,266,902. Alaska Air Group has a 1 year low of $32.62 and a 1 year high of $78.08. The company has a 50-day moving average price of $50.73 and a 200-day moving average price of $56.08. The firm has a market capitalization of $6.40 billion, a P/E ratio of 21.21, a P/E/G ratio of 0.58 and a beta of 1.41. The company has a quick ratio of 0.52, a current ratio of 0.56 and a debt-to-equity ratio of 1.05.

Alaska Air Group (NYSE:ALK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.22. Alaska Air Group had a net margin of 2.33% and a return on equity of 12.33%. The company had revenue of $3.70 billion during the quarter, compared to analysts' expectations of $3.65 billion. During the same period in the previous year, the company earned $2.55 EPS. The business's quarterly revenue was up 27.9% compared to the same quarter last year. On average, equities analysts predict that Alaska Air Group will post 6.03 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on ALK. TD Cowen lifted their target price on shares of Alaska Air Group from $54.00 to $62.00 and gave the company a "buy" rating in a report on Friday, April 25th. Barclays boosted their target price on shares of Alaska Air Group from $55.00 to $60.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Susquehanna reduced their price target on shares of 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. UBS Group increased their target price on shares of Alaska Air Group from $49.00 to $56.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Bank of America reduced their price target on shares of Alaska Air Group from $80.00 to $70.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $67.42.

Insider Buying and Selling at Alaska Air Group

In other news, EVP Andrew R. Harrison sold 7,500 shares of the stock in a transaction 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 transaction, 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 can be accessed through this hyperlink. 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 transaction of $151,247.64. Following the transaction, the vice president owned 8,253 shares in the company, valued at approximately $423,709.02. This trade represents a 26.31% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,479 shares of company stock worth $554,228. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ALK. Empowered Funds LLC grew its stake in Alaska Air Group by 60.2% in the 1st 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 during the last quarter. Intech Investment Management LLC acquired a new position in Alaska Air Group in the 1st quarter valued at $1,318,000. Brighton Jones LLC grew its stake in Alaska Air Group by 2,046.4% in the 4th quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company's stock valued at $6,276,000 after buying an additional 92,416 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Alaska Air Group by 81.7% in the 1st 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 buying an additional 152,953 shares during the last quarter. 81.90% of the stock is currently owned by institutional investors and hedge funds.

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.