Alaska Air Group (NYSE:ALK) Price Target Lowered to $60.00 at UBS Group

Alaska Air Group (NYSE:ALK) had its price target trimmed by UBS Group from $77.00 to $60.00 in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has a buy rating on the transportation company’s stock.

Other analysts have also issued research reports about the company. Weiss Ratings raised Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Wall Street Zen upgraded Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Cantor Fitzgerald set a $63.00 price objective on Alaska Air Group in a research note on Friday, January 30th. Citigroup reiterated a “buy” rating and issued a $69.00 price objective (up from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. Finally, Raymond James Financial reissued an “outperform” rating and set a $71.00 target price on shares of Alaska Air Group in a research note on Friday, December 19th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $68.80.

Alaska Air Group Trading Up 1.4%

Shares of ALK stock opened at $38.52 on Monday. Alaska Air Group has a 1-year low of $37.40 and a 1-year high of $65.88. The firm has a market cap of $4.42 billion, a PE ratio of 44.27, a price-to-earnings-growth ratio of 0.37 and a beta of 1.16. The company has a 50-day moving average of $50.56 and a two-hundred day moving average of $49.86. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.50 and a quick ratio of 0.46.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.32. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the previous year, the firm earned $0.97 EPS. The business’s revenue was up 2.8% on a year-over-year basis. 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. On average, analysts predict that Alaska Air Group will post 6.03 EPS for the current year.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 14,500 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $54.81, for a total value of $794,745.00. Following the completion of the transaction, the executive vice president owned 20,195 shares in the company, valued at $1,106,887.95. The trade was a 41.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Shane R. Tackett sold 24,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total value of $1,371,600.00. Following the sale, the chief financial officer directly owned 43,377 shares in the company, valued at $2,478,995.55. This represents a 35.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 56,945 shares of company stock valued at $3,204,569 in the last 90 days. Company insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On Alaska Air Group

Large investors have recently bought and sold shares of the stock. Atlas Capital Advisors Inc. purchased a new position in shares of Alaska Air Group in the 4th quarter valued at 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. MAI Capital Management increased its stake in shares of Alaska Air Group by 80.5% during the second quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock worth $31,000 after buying an additional 280 shares during the period. AlphaQuest LLC purchased a new stake in shares of Alaska Air Group during the third quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. raised its holdings in Alaska Air Group by 242.5% in 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. 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.