Alaska Air Group, Inc. (NYSE:ALK – Free Report) – Seaport Res Ptn dropped their FY2025 earnings per share estimates for Alaska Air Group in a research report issued to clients and investors on Friday, October 3rd. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings of $3.09 per share for the year, down from their previous estimate of $3.44. The consensus estimate for Alaska Air Group’s current full-year earnings is $6.03 per share. Seaport Res Ptn also issued estimates for Alaska Air Group’s Q4 2025 earnings at $1.00 EPS.
Alaska Air Group (NYSE:ALK – Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $1.78 earnings per share for the quarter, topping 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 business had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the previous year, the firm earned $2.55 earnings per share. The business’s revenue was up 27.9% on a year-over-year basis. Alaska Air Group has set its Q3 2025 guidance at 1.000-1.400 EPS. FY 2025 guidance at 3.250- EPS.
Read Our Latest Research Report on ALK
Alaska Air Group Stock Up 1.4%
ALK stock opened at $49.14 on Monday. The stock’s fifty day simple moving average is $56.47 and its two-hundred day simple moving average is $51.92. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.14. Alaska Air Group has a 1-year low of $39.79 and a 1-year high of $78.08. The stock has a market cap of $5.67 billion, a P/E ratio of 19.97, a P/E/G ratio of 0.56 and a beta of 1.40.
Hedge Funds Weigh In On Alaska Air Group
A number of institutional investors have recently added to or reduced their stakes in ALK. Brighton Jones LLC increased 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 worth $6,276,000 after acquiring an additional 92,416 shares during the last quarter. GAMMA Investing LLC increased its stake in Alaska Air Group by 5,633.8% in the 1st quarter. GAMMA Investing LLC now owns 198,504 shares of the transportation company’s stock worth $9,770,000 after acquiring an additional 195,042 shares during the last quarter. Parallel Advisors LLC increased its stake in Alaska Air Group by 31.2% in the 1st quarter. Parallel Advisors LLC now owns 1,953 shares of the transportation company’s stock worth $96,000 after acquiring an additional 464 shares during the last quarter. Rhumbline Advisers increased its stake in Alaska Air Group by 14.9% in the 1st quarter. Rhumbline Advisers now owns 344,036 shares of the transportation company’s stock worth $16,933,000 after acquiring an additional 44,688 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in shares of Alaska Air Group by 28.8% in the 1st quarter. Merit Financial Group LLC now owns 9,513 shares of the transportation company’s stock worth $468,000 after purchasing an additional 2,128 shares in the last quarter. 81.90% of the stock is currently owned by institutional investors.
Insider Activity at Alaska Air Group
In related news, CFO Shane R. Tackett sold 5,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $57.06, for a total transaction of $285,300.00. Following the sale, the chief financial officer directly owned 43,335 shares in the company, valued at approximately $2,472,695.10. The trade was a 10.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kyle B. Levine sold 5,914 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $57.75, for a total value of $341,533.50. Following the sale, the senior vice president owned 20,917 shares in the company, valued at approximately $1,207,956.75. The trade was a 22.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,514 shares of company stock worth $1,031,306. 0.92% of the stock is owned by company 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.
See Also
- Five stocks we like better than Alaska Air Group
- What is the Euro STOXX 50 Index?
- EA’s $55 Billion Deal Spurs a Shake-Up in the Gaming Sector
- What is the MACD Indicator and How to Use it in Your Trading
- These Are the 3 Hottest Sectors for Q3 Earnings Growth
- Stock Dividend Cuts Happen Are You Ready?
- AMD Could Double From Here—Thanks to Its Blockbuster OpenAI Deal
Receive News & Ratings for Alaska Air Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaska Air Group and related companies with MarketBeat.com's FREE daily email newsletter.