Alaska Air Group (NYSE:ALK) Releases FY 2025 Earnings Guidance

Alaska Air Group (NYSE:ALK) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.750- for the period, compared to the consensus earnings per share estimate of 5.440. The company issued revenue guidance of -.

Alaska Air Group Trading Down 0.3 %

ALK opened at $54.16 on Tuesday. The stock has a market capitalization of $6.88 billion, a PE ratio of 21.84, a P/E/G ratio of 1.23 and a beta of 1.60. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.60 and a quick ratio of 0.57. Alaska Air Group has a 12-month low of $32.62 and a 12-month high of $56.95. The firm’s fifty day moving average price is $48.97 and its 200 day moving average price is $42.44.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Thursday, October 31st. The transportation company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.22 by $0.03. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3 billion. Alaska Air Group had a net margin of 2.99% and a return on equity of 12.81%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.83 earnings per share. As a group, research analysts expect that Alaska Air Group will post 4.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Citigroup dropped their price target on Alaska Air Group from $51.00 to $48.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. UBS Group restated a “buy” rating and issued a $72.00 price target on shares of Alaska Air Group in a research report on Tuesday, November 26th. Bank of America boosted their price objective on shares of Alaska Air Group from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Susquehanna raised their target price on shares of Alaska Air Group from $40.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Finally, Melius upgraded Alaska Air Group from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research note on Monday, October 28th. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $60.08.

Alaska Air Group Company Profile

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.