Alaska Air Group (NYSE:ALK) Hits New 52-Week Low – What’s Next?

Alaska Air Group, Inc. (NYSE:ALK) shares hit a new 52-week low on Friday . The company traded as low as $37.53 and last traded at $37.7080, with a volume of 4050579 shares changing hands. The stock had previously closed at $38.65.

Analysts Set New Price Targets

Several research firms recently commented on ALK. Weiss Ratings upgraded shares of Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. Raymond James Financial reissued an “outperform” rating and set a $71.00 target price on shares of Alaska Air Group in a research note on Friday, December 19th. Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Barclays reissued an “overweight” rating and set a $70.00 price objective (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Finally, Bank of America raised their price target on Alaska Air Group from $62.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.50.

Alaska Air Group Stock Down 1.8%

The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The business’s fifty day moving average price is $51.10 and its two-hundred day moving average price is $50.34. The firm has a market cap of $4.35 billion, a P/E ratio of 43.63, a P/E/G ratio of 0.40 and a beta of 1.17.

Alaska Air Group (NYSE:ALK) last posted its earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.11 by $0.32. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The firm had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the business posted $0.97 earnings per share. The business’s quarterly revenue was up 2.8% on a year-over-year basis. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. As a group, equities research analysts anticipate that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Insider Buying and Selling

In other Alaska Air Group news, EVP Kyle B. Levine sold 2,945 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $60.02, for a total transaction of $176,758.90. Following the completion of the sale, the executive vice president owned 20,977 shares of the company’s stock, valued at $1,259,039.54. This represents a 12.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shane R. Tackett sold 24,000 shares of Alaska Air Group stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the completion of the transaction, the chief financial officer directly owned 43,377 shares in the company, valued at approximately $2,478,995.55. This represents a 35.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 56,945 shares of company stock worth $3,204,569. 1.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Alaska Air Group by 2,046.4% during the fourth quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock valued at $6,276,000 after acquiring an additional 92,416 shares during the period. Empowered Funds LLC increased its stake in shares of Alaska Air Group by 60.2% in the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock worth $316,000 after purchasing an additional 2,414 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Alaska Air Group by 81.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company’s stock worth $16,747,000 after purchasing an additional 152,953 shares during the last quarter. Intech Investment Management LLC bought a new stake in Alaska Air Group during the 1st quarter valued at approximately $1,318,000. Finally, Savant Capital LLC boosted its stake in Alaska Air Group by 15.8% during the 2nd quarter. Savant Capital LLC now owns 9,248 shares of the transportation company’s stock valued at $458,000 after purchasing an additional 1,265 shares during the period. Institutional investors own 81.90% of the company’s stock.

Alaska Air Group Company Profile

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.