Alaska Air Group (NYSE:ALK) Upgraded to Hold at Wall Street Zen

Alaska Air Group (NYSE:ALK) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other equities research analysts have also issued research reports about the stock. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Weiss Ratings lowered shares of Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 13th. TD Cowen cut their target price on shares of Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Raymond James Financial restated an “outperform” rating and set a $71.00 price target on shares of Alaska Air Group in a research report on Friday, December 19th. Finally, Citigroup reaffirmed a “buy” rating and issued a $69.00 price target (up from $61.00) on shares of Alaska Air Group in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.40.

Alaska Air Group Price Performance

NYSE:ALK opened at $42.36 on Friday. Alaska Air Group has a 52 week low of $37.63 and a 52 week high of $65.88. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $4.86 billion, a PE ratio of 48.69, a price-to-earnings-growth ratio of 0.39 and a beta of 1.17. The stock’s 50-day moving average price is $51.81 and its 200-day moving average price is $50.77.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.32. The company had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.Alaska Air Group’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 EPS. 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 analysts expect that Alaska Air Group will post 6.03 EPS for the current fiscal year.

Insider Activity

In other Alaska Air Group news, EVP Kyle B. Levine sold 2,945 shares of Alaska Air Group stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $60.02, for a total transaction of $176,758.90. Following the transaction, the executive vice president directly owned 20,977 shares of the company’s stock, valued at $1,259,039.54. The trade was 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 accessible through the SEC website. Also, EVP Andrew R. Harrison sold 14,500 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $54.81, for a total transaction of $794,745.00. Following the completion of the transaction, the executive vice president owned 20,195 shares in the company, valued at $1,106,887.95. The trade was a 41.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 56,945 shares of company stock valued at $3,204,569. 1.00% of the stock is currently owned by insiders.

Institutional Trading of Alaska Air Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Alaska Air Group by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 11,059,404 shares of the transportation company’s stock valued at $556,288,000 after buying an additional 110,628 shares during the period. Dimensional Fund Advisors LP boosted its stake in Alaska Air Group by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 6,273,084 shares of the transportation company’s stock worth $312,280,000 after buying an additional 56,225 shares during the period. American Century Companies Inc. increased its position in shares of Alaska Air Group by 1.3% during the second quarter. American Century Companies Inc. now owns 3,266,619 shares of the transportation company’s stock valued at $161,632,000 after acquiring an additional 42,454 shares during the last quarter. Capital Research Global Investors increased its position in shares of Alaska Air Group by 86.8% during the fourth quarter. Capital Research Global Investors now owns 3,175,350 shares of the transportation company’s stock valued at $159,720,000 after acquiring an additional 1,475,350 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Alaska Air Group by 24.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,962,620 shares of the transportation company’s stock valued at $149,020,000 after acquiring an additional 588,119 shares during the period. 81.90% of the stock is owned by institutional investors and hedge funds.

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.