Q2 EPS Estimates for Alaska Air Group Cut by Seaport Res Ptn

Alaska Air Group, Inc. (NYSE:ALK) – Seaport Res Ptn reduced their Q2 2025 earnings per share estimates for Alaska Air Group in a note issued to investors on Tuesday, January 21st. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings per share of $3.30 for the quarter, down from their prior estimate of $3.45. The consensus estimate for Alaska Air Group’s current full-year earnings is $4.37 per share. Seaport Res Ptn also issued estimates for Alaska Air Group’s Q3 2025 earnings at $2.90 EPS.

Several other equities analysts also recently commented on the stock. Melius Research upgraded shares of Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a report on Monday, October 28th. JPMorgan Chase & Co. lifted 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. Melius upgraded Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a report on Monday, October 28th. The Goldman Sachs Group raised their price target on shares of Alaska Air Group from $70.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Finally, Bank of America raised their price objective on Alaska Air Group from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Alaska Air Group has a consensus rating of “Moderate Buy” and an average price target of $72.57.

Alaska Air Group Stock Up 2.0 %

Shares of ALK opened at $68.72 on Thursday. Alaska Air Group has a 1 year low of $32.62 and a 1 year high of $71.70. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.60 and a quick ratio of 0.57. The business’s 50 day simple moving average is $61.44 and its 200-day simple moving average is $48.06. The stock has a market capitalization of $8.72 billion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.54.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results 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 return on equity of 12.81% and a net margin of 2.99%.

Insider Transactions at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 13,880 shares of Alaska Air Group stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $64.01, for a total transaction of $888,458.80. Following the sale, the executive vice president now owns 20,638 shares of the company’s stock, valued at $1,321,038.38. The trade was a 40.21 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Shane R. Tackett sold 5,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now owns 27,362 shares of the company’s stock, valued at $1,739,128.72. This trade represents a 15.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,473 shares of company stock valued at $2,198,342. Insiders own 0.68% of the company’s stock.

Hedge Funds Weigh In On Alaska Air Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hennessy Advisors Inc. acquired a new position in shares of Alaska Air Group in the fourth quarter worth about $82,459,000. Assenagon Asset Management S.A. boosted its stake in Alaska Air Group by 2,087.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 762,889 shares of the transportation company’s stock worth $34,490,000 after purchasing an additional 728,019 shares during the period. Wellington Management Group LLP purchased a new position in Alaska Air Group during the 3rd quarter worth approximately $26,390,000. Charles Schwab Investment Management Inc. raised its stake in Alaska Air Group by 45.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,422,247 shares of the transportation company’s stock valued at $64,300,000 after purchasing an additional 442,331 shares during the period. Finally, FMR LLC lifted its holdings in shares of Alaska Air Group by 32.4% in the third quarter. FMR LLC now owns 1,084,639 shares of the transportation company’s stock valued at $49,037,000 after purchasing an additional 265,343 shares in the last quarter. Institutional investors and hedge funds own 81.90% of the company’s stock.

About Alaska Air Group

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.