Equities Analysts Offer Predictions for Alaska Air Group, Inc.’s FY2026 Earnings (NYSE:ALK)

Alaska Air Group, Inc. (NYSE:ALK) – Equities researchers at Seaport Res Ptn issued their FY2026 earnings per share estimates for shares of Alaska Air Group in a note issued to investors on Friday, April 19th. Seaport Res Ptn analyst D. Mckenzie expects that the transportation company will post earnings of $7.00 per share for the year. The consensus estimate for Alaska Air Group’s current full-year earnings is $4.41 per share.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings results on Thursday, April 18th. The transportation company reported ($0.92) earnings per share for the quarter, beating the consensus estimate of ($1.09) by $0.17. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.18 billion. Alaska Air Group had a return on equity of 13.54% and a net margin of 2.34%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.62) EPS.

Several other analysts also recently weighed in on ALK. Evercore ISI boosted their price target on Alaska Air Group from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. UBS Group assumed coverage on Alaska Air Group in a research note on Wednesday, March 20th. They set a “buy” rating and a $54.00 price target on the stock. Melius cut Alaska Air Group from a “buy” rating to a “hold” rating in a report on Monday, January 8th. TD Cowen boosted their price objective on Alaska Air Group from $49.00 to $58.00 and gave the company a “buy” rating in a report on Friday. Finally, StockNews.com raised Alaska Air Group from a “sell” rating to a “hold” rating in a report on Friday. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $57.85.

Alaska Air Group Stock Up 1.2 %

Alaska Air Group stock opened at $45.53 on Monday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.63 and a current ratio of 0.65. The business’s 50-day simple moving average is $39.84 and its two-hundred day simple moving average is $37.31. The company has a market cap of $5.73 billion, a PE ratio of 24.35, a PEG ratio of 0.90 and a beta of 1.63. Alaska Air Group has a fifty-two week low of $30.75 and a fifty-two week high of $57.18.

Insider Buying and Selling

In related news, EVP Andrew R. Harrison sold 6,500 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $38.36, for a total value of $249,340.00. Following the completion of the transaction, the executive vice president now owns 26,048 shares of the company’s stock, valued at approximately $999,201.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.92% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Alaska Air Group

Hedge funds have recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV grew its position in shares of Alaska Air Group by 215.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 520 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Alaska Air Group by 255.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 775 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 557 shares in the last quarter. Itau Unibanco Holding S.A. grew its position in shares of Alaska Air Group by 456.1% in the third quarter. Itau Unibanco Holding S.A. now owns 912 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 748 shares in the last quarter. Principal Securities Inc. purchased a new stake in shares of Alaska Air Group in the fourth quarter valued at approximately $39,000. Finally, Allworth Financial LP grew its position in Alaska Air Group by 63.4% in the third quarter. Allworth Financial LP now owns 1,297 shares of the transportation company’s stock worth $48,000 after acquiring an additional 503 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

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.