Alaska Air Group (NYSE:ALK) Lowered to Sell Rating by Wall Street Zen

Alaska Air Group (NYSE:ALK) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Monday.

Several other equities research analysts have also commented on the stock. Cantor Fitzgerald set a $63.00 price target on shares of Alaska Air Group in a report on Friday, January 30th. UBS Group dropped their price objective on shares of Alaska Air Group from $60.00 to $53.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Susquehanna lifted their price objective on shares of Alaska Air Group from $52.00 to $70.00 and gave the company a “positive” rating in a report on Friday, January 9th. Bank of America reduced their price objective on shares of 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, Barclays reaffirmed an “overweight” rating and set a $70.00 target price (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.67.

Alaska Air Group Price Performance

ALK opened at $37.32 on Monday. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 42.89, a PEG ratio of 0.51 and a beta of 1.27. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. Alaska Air Group has a 12-month low of $33.03 and a 12-month high of $65.88. The business’s fifty day simple moving average is $47.30 and its 200-day simple moving average is $47.45.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.32. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The firm had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the previous year, the company posted $0.97 earnings per share. The firm’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. On average, equities research analysts anticipate that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Hedge Funds Weigh In On Alaska Air Group

Several hedge funds have recently modified their holdings of ALK. Atlas Capital Advisors Inc. purchased a new position in shares of Alaska Air Group in the 4th quarter valued at approximately $26,000. Foster Dykema Cabot & Partners LLC purchased a new stake in Alaska Air Group during the 3rd quarter worth approximately $28,000. AlphaQuest LLC purchased a new stake in Alaska Air Group during the 3rd quarter worth approximately $34,000. First Command Advisory Services Inc. increased its stake in 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 in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in 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 in the last quarter. 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.