Alaska Air Group (ALK) Set to Announce Quarterly Earnings on Friday
Alaska Air Group (NYSE:ALK) will announce its Q114 earnings results on Friday, April 25th. Analysts expect the company to announce earnings of $1.24 per share and revenue of $1.22 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Shares of Alaska Air Group (NYSE:ALK) opened at 95.96 on Thursday. Alaska Air Group has a one year low of $50.31 and a one year high of $96.77. The stock’s 50-day moving average is $91.58 and its 200-day moving average is $79.02. The company has a market cap of $6.591 billion and a P/E ratio of 13.10.
A number of analysts have recently weighed in on ALK shares. Analysts at Barclays raised their price target on shares of Alaska Air Group from $91.00 to $100.00 in a research note on Thursday, April 17th. They now have an “equal weight” rating on the stock. On the ratings front, analysts at Raymond James raised their price target on shares of Alaska Air Group from $106.00 to $108.00 in a research note on Thursday, April 10th. Finally, analysts at Imperial Capital raised their price target on shares of Alaska Air Group from $90.00 to $108.00 in a research note on Tuesday, April 8th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Alaska Air Group presently has a consensus rating of “Buy” and an average target price of $94.20.
Alaska Air Group, Inc is a holding company of Alaska Airlines, Inc (NYSE:ALK) and Horizon Air Industries, Inc (Horizon), which together with its partner regional airlines, serve 95 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico.
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