Alaska Air Group (NYSE:ALK – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.700–0.500 for the period, compared to the consensus earnings per share estimate of -0.750. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Citigroup upped their price objective on Alaska Air Group from $63.00 to $74.00 and gave the stock a “buy” rating in a report on Monday, December 16th. JPMorgan Chase & Co. increased their price target on shares of Alaska Air Group from $58.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group lifted their price target on shares of Alaska Air Group from $70.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. UBS Group upped their price objective on shares of Alaska Air Group from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Finally, Melius Research upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research report on Monday, October 28th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, Alaska Air Group currently has an average rating of “Moderate Buy” and a consensus target price of $72.57.
Read Our Latest Stock Report on ALK
Alaska Air Group Trading Down 2.3 %
Alaska Air Group (NYSE:ALK – Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The transportation company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.03. Alaska Air Group had a return on equity of 12.81% and a net margin of 2.99%. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3 billion. During the same quarter last year, the business posted $1.83 EPS. The business’s revenue was up 8.2% on a year-over-year basis. As a group, equities research analysts expect that Alaska Air Group will post 4.37 earnings per share for the current fiscal year.
Insider Buying and Selling at Alaska Air Group
In other Alaska Air Group news, SVP Andrea L. Schneider sold 800 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $63.89, for a total transaction of $51,112.00. Following the completion of the transaction, the senior vice president now owns 20,286 shares of the company’s stock, valued at approximately $1,296,072.54. This trade represents a 3.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Joseph A. Sprague sold 2,325 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $64.38, for a total transaction of $149,683.50. Following the sale, the chief executive officer now owns 19,340 shares in the company, valued at approximately $1,245,109.20. This trade represents a 10.73 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 34,473 shares of company stock valued at $2,198,342. 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.
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