Zacks Research Predicts Lower Earnings for Alaska Air Group

Alaska Air Group, Inc. (NYSE:ALK) – Analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for shares of Alaska Air Group in a research note issued to investors on Wednesday, February 5th. Zacks Research analyst M. Basu now anticipates that the transportation company will post earnings of ($0.55) per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for Alaska Air Group’s current full-year earnings is $6.03 per share. Zacks Research also issued estimates for Alaska Air Group’s Q2 2025 earnings at $2.84 EPS, Q3 2025 earnings at $2.85 EPS, FY2025 earnings at $6.01 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $2.21 EPS, Q3 2026 earnings at $1.86 EPS, Q4 2026 earnings at $1.49 EPS and FY2026 earnings at $7.82 EPS.

Other equities research analysts also recently issued reports about the stock. TD Cowen raised their price objective on shares of Alaska Air Group from $85.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Barclays lifted their price target on Alaska Air Group from $55.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Melius 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. Bank of America lifted their target price on Alaska Air Group from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Finally, Citigroup boosted their target price on shares of Alaska Air Group from $63.00 to $74.00 and gave the company a “buy” rating in a research report on Monday, December 16th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $74.86.

Alaska Air Group Stock Performance

Shares of ALK stock opened at $75.13 on Monday. Alaska Air Group has a 52 week low of $32.62 and a 52 week high of $76.45. The company has a market capitalization of $9.54 billion, a price-to-earnings ratio of 24.63, a PEG ratio of 0.67 and a beta of 1.55. The company has a 50-day simple moving average of $66.36 and a 200 day simple moving average of $51.16. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.58 and a current ratio of 0.61.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Wednesday, January 22nd. The transportation company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.52. Alaska Air Group had a net margin of 3.37% and a return on equity of 14.66%.

Institutional Trading of Alaska Air Group

Hedge funds have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund grew its position in Alaska Air Group by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 29,816 shares of the transportation company’s stock worth $1,931,000 after acquiring an additional 160 shares during the last quarter. Avior Wealth Management LLC boosted its stake in shares of Alaska Air Group by 44.8% during the fourth quarter. Avior Wealth Management LLC now owns 588 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 182 shares in the last quarter. Savant Capital LLC boosted its stake in shares of Alaska Air Group by 3.4% during the fourth quarter. Savant Capital LLC now owns 6,284 shares of the transportation company’s stock valued at $407,000 after purchasing an additional 206 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in shares of Alaska Air Group by 2.2% during the third quarter. Verdence Capital Advisors LLC now owns 10,180 shares of the transportation company’s stock worth $460,000 after purchasing an additional 215 shares during the last quarter. Finally, QRG Capital Management Inc. increased its stake in shares of Alaska Air Group by 2.7% in the third quarter. QRG Capital Management Inc. now owns 9,271 shares of the transportation company’s stock valued at $419,000 after buying an additional 242 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Insider Activity

In other Alaska Air Group news, COO Muehlen Constance E. Von sold 4,000 shares of Alaska Air Group stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $63.09, for a total value of $252,360.00. Following the transaction, the chief operating officer now owns 12,162 shares in the company, valued at $767,300.58. The trade was a 24.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Shane R. Tackett sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $63.56, for a total value of $317,800.00. Following the transaction, the chief financial officer now directly owns 27,362 shares of the company’s stock, valued at approximately $1,739,128.72. The trade was a 15.45 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 137,548 shares of company stock worth $9,513,807. 0.68% of the stock is currently owned by corporate 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.