Seaport Res Ptn Cuts Earnings Estimates for Alaska Air Group

Alaska Air Group, Inc. (NYSE:ALK) – Equities research analysts at Seaport Res Ptn dropped their Q1 2025 EPS estimates for Alaska Air Group in a research report issued on Tuesday, January 21st. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings per share of ($0.90) for the quarter, down from their previous forecast of ($0.65). The consensus estimate for Alaska Air Group’s current full-year earnings is $4.37 per share. Seaport Res Ptn also issued estimates for Alaska Air Group’s Q4 2025 earnings at $1.00 EPS.

A number of other brokerages have also recently issued reports on ALK. The Goldman Sachs Group lifted their target price on shares of Alaska Air Group from $70.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Barclays lifted their target price on shares of Alaska Air Group from $55.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Melius Research upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a report on Monday, October 28th. Bank of America lifted their price target on shares of Alaska Air Group from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Finally, Susquehanna upgraded shares of Alaska Air Group from a “neutral” rating to a “positive” rating and set a $95.00 price target for the company in a report on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.57.

Alaska Air Group Stock Performance

Shares of ALK opened at $68.72 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 0.93. The stock has a market cap of $8.72 billion, a P/E ratio of 27.71, a PEG ratio of 0.61 and a beta of 1.54. The company has a 50-day moving average of $61.44 and a two-hundred day moving average of $48.06. Alaska Air Group has a 12-month low of $32.62 and a 12-month high of $71.70.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data on Wednesday, January 22nd. The transportation company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.45 by $0.52. Alaska Air Group had a net margin of 2.99% and a return on equity of 12.81%.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, SVP Andrea L. Schneider sold 800 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $63.89, for a total transaction of $51,112.00. Following the completion of the sale, the senior vice president now directly owns 20,286 shares in the company, valued at $1,296,072.54. The trade was a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Emily Halverson sold 1,329 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $64.41, for a total transaction of $85,600.89. Following the sale, the vice president now owns 7,150 shares of the company’s stock, valued at approximately $460,531.50. This represents a 15.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 34,473 shares of company stock worth $2,198,342. 0.68% of the stock is owned by company insiders.

Institutional Investors Weigh In On Alaska Air Group

Several institutional investors have recently bought and sold shares of ALK. Hennessy Advisors Inc. purchased a new stake in Alaska Air Group during the fourth quarter worth approximately $82,459,000. Assenagon Asset Management S.A. lifted its position in shares of Alaska Air Group by 2,087.8% during the third quarter. Assenagon Asset Management S.A. now owns 762,889 shares of the transportation company’s stock worth $34,490,000 after purchasing an additional 728,019 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Alaska Air Group during the third quarter worth $26,390,000. Charles Schwab Investment Management Inc. lifted its position in shares of Alaska Air Group by 45.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,422,247 shares of the transportation company’s stock worth $64,300,000 after purchasing an additional 442,331 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Alaska Air Group by 32.4% during the third quarter. FMR LLC now owns 1,084,639 shares of the transportation company’s stock worth $49,037,000 after purchasing an additional 265,343 shares in the last quarter. 81.90% of the stock is currently 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.