Research Analysts Set Expectations for Alaska Air Group, Inc.’s Q1 2025 Earnings (NYSE:ALK)

Alaska Air Group, Inc. (NYSE:ALKFree Report) – Equities researchers at Zacks Research decreased their Q1 2025 earnings estimates for shares of Alaska Air Group in a research report issued to clients and investors on Tuesday, September 17th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings per share of $0.31 for the quarter, down from their prior forecast of $0.38. The consensus estimate for Alaska Air Group’s current full-year earnings is $4.17 per share. Zacks Research also issued estimates for Alaska Air Group’s Q3 2025 earnings at $2.10 EPS, FY2025 earnings at $6.42 EPS, Q1 2026 earnings at $1.55 EPS and Q2 2026 earnings at $1.75 EPS.

Alaska Air Group (NYSE:ALKGet Free Report) last issued its quarterly earnings data on Thursday, July 18th. The transportation company reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.19. Alaska Air Group had a net margin of 2.14% and a return on equity of 11.85%. The business had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the business earned $3.00 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis.

ALK has been the subject of several other research reports. Citigroup lowered their price target on shares of Alaska Air Group from $51.00 to $48.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Susquehanna reduced their price target on shares of Alaska Air Group from $42.00 to $41.00 and set a “neutral” rating for the company in a research report on Tuesday, July 16th. Bank of America lifted their price target on shares of Alaska Air Group from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 13th. TD Cowen lifted their price objective on shares of Alaska Air Group from $51.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, September 13th. Finally, Morgan Stanley cut their price objective on shares of Alaska Air Group from $75.00 to $70.00 and set an “overweight” rating on the stock in a report on Monday, July 22nd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.00.

Check Out Our Latest Research Report on ALK

Alaska Air Group Stock Down 3.0 %

Alaska Air Group stock opened at $39.75 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.66 and a current ratio of 0.68. Alaska Air Group has a 52-week low of $30.75 and a 52-week high of $46.15. The firm has a 50 day moving average price of $37.01 and a two-hundred day moving average price of $39.86. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 0.60 and a beta of 1.59.

Hedge Funds Weigh In On Alaska Air Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. CVA Family Office LLC boosted its holdings in shares of Alaska Air Group by 17.1% in the 1st quarter. CVA Family Office LLC now owns 2,230 shares of the transportation company’s stock worth $96,000 after buying an additional 325 shares during the last quarter. Parallel Advisors LLC raised its stake in Alaska Air Group by 28.4% in the 4th quarter. Parallel Advisors LLC now owns 1,688 shares of the transportation company’s stock valued at $66,000 after acquiring an additional 373 shares during the period. Gateway Investment Advisers LLC raised its stake in Alaska Air Group by 0.3% in the 1st quarter. Gateway Investment Advisers LLC now owns 153,403 shares of the transportation company’s stock valued at $6,595,000 after acquiring an additional 391 shares during the period. Private Advisor Group LLC raised its stake in Alaska Air Group by 6.8% in the 4th quarter. Private Advisor Group LLC now owns 6,209 shares of the transportation company’s stock valued at $243,000 after acquiring an additional 397 shares during the period. Finally, QRG Capital Management Inc. raised its stake in Alaska Air Group by 4.7% in the 2nd quarter. QRG Capital Management Inc. now owns 9,029 shares of the transportation company’s stock valued at $365,000 after acquiring an additional 406 shares during the period. 81.90% of the stock is owned by hedge funds and other institutional investors.

About Alaska Air Group

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Alaska Air Group (NYSE:ALK)

Receive News & Ratings for Alaska Air Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaska Air Group and related companies with MarketBeat.com's FREE daily email newsletter.