Wall Street Zen Upgrades Alaska Air Group (NYSE:ALK) to Sell

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

Other equities research analysts have also recently issued reports about the company. The Goldman Sachs Group lowered their price objective on Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings cut Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday. Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Susquehanna lowered their price objective on Alaska Air Group from $55.00 to $50.00 and set a “positive” rating on the stock in a research note on Wednesday, April 22nd. Finally, Bank of America lowered their price objective on Alaska Air Group from $70.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Eleven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

Alaska Air Group Trading Up 0.7%

NYSE ALK opened at $43.00 on Friday. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 81.13 and a beta of 1.29. Alaska Air Group has a one year low of $33.03 and a one year high of $65.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.43 and a quick ratio of 0.39. The business’s fifty day moving average is $40.36 and its 200-day moving average is $45.60.

Alaska Air Group (NYSE:ALK) last released its earnings results on Monday, April 20th. The transportation company reported ($1.68) EPS for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). Alaska Air Group had a return on equity of 4.96% and a net margin of 0.51%.The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter in the previous year, the firm earned ($0.77) earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Equities research analysts predict that Alaska Air Group will post -1.01 EPS for the current year.

Institutional Trading of Alaska Air Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Atlas Capital Advisors Inc. bought a new position in shares of Alaska Air Group during the fourth quarter valued at approximately $26,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of Alaska Air Group during the third quarter valued at approximately $28,000. AlphaQuest LLC bought a new position in shares of Alaska Air Group during the third quarter valued at approximately $34,000. First Command Advisory Services Inc. raised its holdings in shares of 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 valued at $34,000 after acquiring an additional 485 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Alaska Air Group by 43.2% during the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 253 shares in the last quarter. Hedge funds and other 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.