Alaska Air Group, Inc. (NYSE:ALK) Given Average Recommendation of “Moderate Buy” by Analysts

Alaska Air Group, Inc. (NYSE:ALK) has received an average recommendation of “Moderate Buy” from the fourteen analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $62.4615.

ALK has been the subject of a number of analyst reports. Morgan Stanley cut their price target on Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. BMO Capital Markets increased their price target on Alaska Air Group from $42.50 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group cut their price target on Alaska Air Group from $68.00 to $61.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Bank of America cut their price target on Alaska Air Group from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Finally, Wall Street Zen upgraded Alaska Air Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ALK. Atlas Capital Advisors Inc. bought a new position in shares of Alaska Air Group during the 4th quarter valued at about $26,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of Alaska Air Group during the 3rd quarter valued at about $28,000. First Command Advisory Services Inc. boosted its holdings in shares of Alaska Air Group by 242.5% during the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 485 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Alaska Air Group by 43.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 253 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of Alaska Air Group by 30.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 81.90% of the company’s stock.

Alaska Air Group Trading Up 4.9%

Shares of ALK stock opened at $51.63 on Thursday. Alaska Air Group has a 52-week low of $33.03 and a 52-week high of $65.88. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.39 and a current ratio of 0.43. The firm has a market capitalization of $5.75 billion, a PE ratio of 97.42 and a beta of 1.29. The stock has a fifty day simple moving average of $42.86 and a two-hundred day simple moving average of $46.18.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). Alaska Air Group had a return on equity of 4.96% and a net margin of 0.51%.The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter in the previous year, the company posted ($0.77) EPS. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. On average, analysts predict that Alaska Air Group will post -0.72 EPS for the current fiscal year.

About Alaska Air Group

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.