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

Shares of Alaska Air Group, Inc. (NYSE:ALK) have received a consensus rating of “Moderate Buy” from the eleven analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $71.40.

Several research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alaska Air Group in a report on Monday, December 29th. TD Cowen reduced their price target on shares of Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Cantor Fitzgerald set a $63.00 price objective on shares of Alaska Air Group in a research note on Friday, January 30th. Susquehanna boosted their target price on shares of Alaska Air Group from $52.00 to $70.00 and gave the company a “positive” rating in a research note on Friday, January 9th. Finally, Barclays reaffirmed an “overweight” rating and issued a $70.00 target price (up previously from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th.

Alaska Air Group Stock Performance

ALK opened at $55.61 on Friday. The business has a fifty day simple moving average of $51.69 and a 200-day simple moving average of $51.05. The firm has a market cap of $6.45 billion, a PE ratio of 63.92, a P/E/G ratio of 0.52 and a beta of 1.21. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. Alaska Air Group has a fifty-two week low of $37.63 and a fifty-two week high of $78.08.

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, beating analysts’ consensus estimates of $0.11 by $0.32. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the company 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 predict that Alaska Air Group will post 6.03 EPS for the current fiscal year.

Insider Transactions at Alaska Air Group

In other news, CFO Shane R. Tackett sold 10,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $55.00, for a total value of $550,000.00. Following the completion of the sale, the chief financial officer directly owned 33,530 shares of the company’s stock, valued at $1,844,150. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kyle B. Levine sold 2,945 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Alaska Air Group

A number of institutional investors have recently modified their holdings of ALK. Allianz Asset Management GmbH increased its position in Alaska Air Group by 10.8% in the 2nd quarter. Allianz Asset Management GmbH now owns 123,947 shares of the transportation company’s stock worth $6,133,000 after purchasing an additional 12,041 shares during the last quarter. Itau Unibanco Holding S.A. bought a new stake in shares of Alaska Air Group in the 2nd quarter valued at approximately $594,000. Arista Wealth Management LLC bought a new stake in shares of Alaska Air Group in the 3rd quarter valued at approximately $417,000. Summit Investment Advisors Inc. acquired a new position in Alaska Air Group in the first quarter worth approximately $1,192,000. Finally, Friedenthal Financial bought a new position in Alaska Air Group during the third quarter valued at approximately $979,000. Institutional investors and hedge funds own 81.90% of the company’s stock.

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.