Alaska Air Group, Inc. (NYSE:ALK) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Alaska Air Group, Inc. (NYSE:ALK) have been given a consensus rating of “Moderate Buy” by the fourteen research firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $67.1154.

Several equities analysts recently weighed in on ALK shares. Morgan Stanley cut their price objective on shares of Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Citigroup reissued a “sell” rating and issued a $47.00 target price (up from $32.00) on shares of Alaska Air Group in a research report on Friday, June 26th. BMO Capital Markets increased their price target on shares of Alaska Air Group from $55.00 to $62.50 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. Finally, Susquehanna lifted their price objective on shares of Alaska Air Group from $50.00 to $70.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th.

Alaska Air Group Stock Performance

Shares of NYSE ALK opened at $45.50 on Monday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.43 and a quick ratio of 0.39. Alaska Air Group has a one year low of $33.03 and a one year high of $65.88. The business’s 50-day moving average price is $45.82 and its two-hundred day moving average price is $46.03. The company has a market capitalization of $5.07 billion, a P/E ratio of 85.84 and a beta of 1.28.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.61) by ($0.07). The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.31 billion. Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.77) earnings per share. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Analysts anticipate that Alaska Air Group will post -0.06 earnings per share for the current fiscal year.

Institutional Trading of Alaska Air Group

A number of institutional investors and hedge funds have recently made changes to their positions in ALK. Atlas Capital Advisors Inc. acquired a new position in shares of Alaska Air Group during the 4th quarter valued at about $26,000. First Command Advisory Services Inc. boosted its position in Alaska Air Group by 242.5% during the fourth quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock worth $34,000 after purchasing an additional 485 shares during the period. Cedar Mountain Advisors LLC grew its holdings in Alaska Air Group by 963.3% during the second quarter. Cedar Mountain Advisors LLC now owns 840 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 761 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of Alaska Air Group by 30.4% in the fourth 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 period. Finally, Parallel Advisors LLC raised its position in shares of Alaska Air Group by 32.5% in the first quarter. Parallel Advisors LLC now owns 1,570 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 385 shares during the period. Institutional investors and hedge funds 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.