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

Alaska Air Group (NYSE:ALK) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.750- for the period, compared to the consensus earnings per share estimate of 5.970. The company issued revenue guidance of -.

Alaska Air Group Stock Performance

Shares of ALK stock opened at $72.15 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.57 and a current ratio of 0.60. Alaska Air Group has a 52 week low of $32.62 and a 52 week high of $72.89. The company’s 50 day moving average price is $62.86 and its two-hundred day moving average price is $49.06. The company has a market capitalization of $9.16 billion, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 0.59 and a beta of 1.54.

Alaska Air Group (NYSE:ALK) last posted 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 3.37% and a return on equity of 14.78%. On average, analysts expect that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Barclays lifted their target price on Alaska Air Group from $55.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Evercore ISI cut their price objective on shares of Alaska Air Group from $60.00 to $55.00 and set an “outperform” rating on the stock in a research report on Thursday, October 3rd. Melius upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a report on Monday, October 28th. Melius Research upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research note on Monday, October 28th. Finally, Citigroup increased their price objective on shares of Alaska Air Group from $63.00 to $74.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Alaska Air Group has a consensus rating of “Moderate Buy” and an average price target of $74.86.

Insider Transactions at Alaska Air Group

In related news, CEO Joseph A. Sprague sold 9,500 shares of the business’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $68.90, for a total value of $654,550.00. Following the completion of the sale, the chief executive officer now directly owns 9,840 shares in the company, valued at $677,976. The trade was a 49.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Shane R. Tackett sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $63.56, for a total value of $317,800.00. Following the completion of the transaction, the chief financial officer now directly owns 27,362 shares in the company, valued at approximately $1,739,128.72. This represents a 15.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 43,973 shares of company stock worth $2,852,892. 0.68% of the stock is owned by insiders.

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.