Alaska Air Group, Inc. (NYSE:ALK) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Alaska Air Group, Inc. (NYSE:ALK) have been assigned an average recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $62.00.

Several equities analysts have weighed in on ALK shares. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. BMO Capital Markets lifted their target price on Alaska Air Group from $42.50 to $55.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Susquehanna dropped their target price on Alaska Air Group from $55.00 to $50.00 and set a “positive” rating for the company in a research report on Wednesday, April 22nd. UBS Group lifted their target price on Alaska Air Group from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Morgan Stanley dropped their target price on Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd.

Hedge Funds Weigh In On Alaska Air Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Atlas Capital Advisors Inc. acquired a new position in shares of Alaska Air Group during the fourth quarter worth about $26,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Alaska Air Group during the third quarter worth about $28,000. First Command Advisory Services Inc. grew its position 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 worth $34,000 after buying an additional 485 shares in the last quarter. Smartleaf Asset Management LLC grew its position 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 worth $42,000 after buying an additional 253 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its position in shares of Alaska Air Group by 30.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after buying an additional 212 shares in the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

Alaska Air Group Stock Performance

NYSE ALK opened at $48.20 on Thursday. The company has a market cap of $5.37 billion, a P/E ratio of 90.95 and a beta of 1.29. 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 stock has a 50-day moving average of $41.82 and a two-hundred day moving average of $45.99. Alaska Air Group has a 1-year low of $33.03 and a 1-year high of $65.88.

Alaska Air Group (NYSE:ALK) last released its earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share for the quarter, missing the consensus estimate of ($1.61) by ($0.07). The firm had revenue of $3.30 billion during 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 business’s revenue was up 5.2% compared to the same quarter last year. During the same period 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. As a group, analysts anticipate that Alaska Air Group will post -1.01 EPS for the current year.

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.