Alaska Air Group (NYSE:ALK) Updates Q1 2025 Earnings Guidance

Alaska Air Group (NYSE:ALK) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.700–0.500 for the period, compared to the consensus estimate of -0.750. The company issued revenue guidance of -.

Alaska Air Group Price Performance

Shares of ALK stock traded down $1.60 during trading hours on Wednesday, reaching $67.28. The company’s stock had a trading volume of 4,369,555 shares, compared to its average volume of 2,713,023. The firm’s 50 day simple moving average is $60.81 and its 200-day simple moving average is $47.78. The company has a market capitalization of $8.54 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 0.59 and a beta of 1.54. Alaska Air Group has a fifty-two week low of $32.62 and a fifty-two week high of $70.21. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 0.93.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Thursday, October 31st. The transportation company reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.03. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3 billion. Alaska Air Group had a return on equity of 12.81% and a net margin of 2.99%. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.83 EPS. Sell-side analysts forecast that Alaska Air Group will post 4.37 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on ALK. Morgan Stanley raised their price objective on Alaska Air Group from $70.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Evercore ISI cut their price objective on Alaska Air Group from $60.00 to $55.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. Susquehanna raised Alaska Air Group from a “neutral” rating to a “positive” rating and set a $95.00 price objective on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. raised their price objective on Alaska Air Group from $58.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Finally, Melius Research raised Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Monday, October 28th. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Alaska Air Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.57.

Insider Buying and Selling 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 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 sale, the senior vice president now owns 20,286 shares of the company’s stock, valued at $1,296,072.54. The trade was a 3.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Shane R. Tackett sold 5,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $63.56, for a total transaction of $317,800.00. Following the sale, the chief financial officer now directly owns 27,362 shares in the company, valued at $1,739,128.72. The trade was a 15.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 34,473 shares of company stock valued at $2,198,342 in the last 90 days. 0.92% of the stock is currently 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.