Seaport Res Ptn Issues Positive Outlook for ALK Earnings

Alaska Air Group, Inc. (NYSE:ALK - Free Report) - Equities research analysts at Seaport Res Ptn boosted their Q4 2025 earnings per share (EPS) estimates for shares of Alaska Air Group in a research note issued to investors on Wednesday, July 23rd. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings of $1.40 per share for the quarter, up from their previous forecast of $1.25. The consensus estimate for Alaska Air Group's current full-year earnings is $6.03 per share.

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

Alaska Air Group Price Performance

Shares of ALK stock traded up $1.34 during mid-day trading on Thursday, hitting $52.17. 3,178,067 shares of the stock traded hands, compared to its average volume of 2,758,732. Alaska Air Group has a twelve month low of $32.62 and a twelve month high of $78.08. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 0.58 and a beta of 1.41. The company's 50-day simple moving average is $50.70 and its 200-day simple moving average is $55.99. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.52 and a current ratio of 0.52.

Alaska Air Group (NYSE:ALK - Get Free Report) last issued its quarterly earnings results 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 return on equity of 12.62% and a net margin of 2.33%. The company had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $3.65 billion. During the same period last year, the firm earned $2.55 EPS. The firm's revenue for the quarter was up 27.9% on a year-over-year basis.

Insiders Place Their Bets

In other news, EVP Andrew R. Harrison sold 7,500 shares of Alaska Air Group stock in a transaction 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 transaction, the executive vice president owned 26,530 shares in the company, valued at approximately $1,419,620.30. The trade was a 22.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Emily Halverson sold 2,946 shares of Alaska Air Group stock in a transaction 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 transaction, the vice president owned 8,253 shares in the company, valued at $423,709.02. This represents a 26.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,479 shares of company stock worth $554,228 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC boosted its position in Alaska Air Group by 328.7% during the fourth quarter. FMR LLC now owns 4,649,388 shares of the transportation company's stock valued at $301,048,000 after purchasing an additional 3,564,749 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Alaska Air Group by 249.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,638,464 shares of the transportation company's stock valued at $129,865,000 after purchasing an additional 1,882,598 shares during the last quarter. Point72 Asset Management L.P. boosted its position in Alaska Air Group by 134.0% during the fourth quarter. Point72 Asset Management L.P. now owns 2,134,221 shares of the transportation company's stock valued at $138,191,000 after purchasing an additional 1,222,277 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its position in Alaska Air Group by 4,615.3% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 943,064 shares of the transportation company's stock valued at $61,063,000 after purchasing an additional 923,064 shares during the last quarter. Finally, Candlestick Capital Management LP acquired a new stake in Alaska Air Group during the fourth quarter valued at $51,306,000. Hedge funds and other institutional investors own 81.90% of the company's stock.

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.