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

Alaska Air Group (NYSE:ALK) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 2.400- for the period, compared to the consensus EPS estimate of 2.940. The company issued revenue guidance of -. Alaska Air Group also updated its Q4 2025 guidance to 0.400- EPS.

Alaska Air Group Stock Down 2.2%

ALK opened at $46.62 on Friday. The firm’s 50 day simple moving average is $55.15 and its two-hundred day simple moving average is $51.78. The company has a market capitalization of $5.38 billion, a PE ratio of 18.95, a PEG ratio of 0.75 and a beta of 1.40. Alaska Air Group has a 1-year low of $39.79 and a 1-year high of $78.08. 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 (NYSE:ALK) last posted its quarterly earnings data on Thursday, October 23rd. The transportation company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.27). Alaska Air Group had a return on equity of 12.62% and a net margin of 2.33%. As a group, equities analysts forecast that Alaska Air Group will post 6.03 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Alaska Air Group from $73.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Zacks Research cut Alaska Air Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 8th. Evercore ISI cut their price objective on shares of Alaska Air Group from $70.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, September 16th. Barclays increased their price objective on shares of Alaska Air Group from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Finally, Raymond James Financial set a $68.00 price target on Alaska Air Group and gave the company an “outperform” rating in a report on Wednesday, October 1st. Thirteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $71.62.

Insiders Place Their Bets

In related news, SVP Kyle B. Levine sold 5,914 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $57.75, for a total transaction of $341,533.50. Following the completion of the sale, the senior vice president directly owned 20,917 shares of the company’s stock, valued at approximately $1,207,956.75. This trade represents a 22.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Shane R. Tackett sold 5,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $57.06, for a total value of $285,300.00. Following the transaction, the chief financial officer owned 43,335 shares of the company’s stock, valued at approximately $2,472,695.10. The trade was a 10.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,514 shares of company stock valued at $1,031,306 over the last 90 days. Insiders own 1.00% of the company’s stock.

Institutional Trading of Alaska Air Group

A number of large investors have recently made changes to their positions in ALK. EverSource Wealth Advisors LLC grew its holdings in shares of Alaska Air Group by 194.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,276 shares of the transportation company’s stock worth $113,000 after purchasing an additional 1,504 shares during the last quarter. State of Wyoming grew its stake in Alaska Air Group by 102.1% in the 2nd quarter. State of Wyoming now owns 3,761 shares of the transportation company’s stock worth $186,000 after acquiring an additional 1,900 shares in the last quarter. Bayesian Capital Management LP bought a new stake in shares of Alaska Air Group during the second quarter valued at approximately $262,000. Empowered Funds LLC grew its stake in Alaska Air Group by 60.2% in the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock worth $316,000 after purchasing an additional 2,414 shares in the last quarter. Finally, Bank of Nova Scotia lifted its holdings in shares of Alaska Air Group by 57.1% in the 2nd quarter. Bank of Nova Scotia now owns 7,847 shares of the transportation company’s stock worth $388,000 after buying an additional 2,852 shares during the period. 81.90% of the stock is owned by hedge funds and other institutional investors.

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.