Alaska Air Group (NYSE:ALK) Price Target Cut to $53.00 by Analysts at UBS Group

Alaska Air Group (NYSE:ALK) had its target price decreased by UBS Group from $60.00 to $53.00 in a research report report published on Monday morning,Benzinga reports. UBS Group currently has a buy rating on the transportation company’s stock.

ALK has been the topic of a number of other reports. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Weiss Ratings upgraded shares of Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Citigroup dropped their price objective on shares of Alaska Air Group from $69.00 to $51.00 and set a “buy” rating for the company in a research note on Friday. Bank of America raised their target price on shares of Alaska Air Group from $62.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, Wall Street Zen cut shares of Alaska Air Group from a “hold” rating to a “sell” rating in a research note on Saturday. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.30.

Alaska Air Group Price Performance

Alaska Air Group stock opened at $38.68 on Monday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.50. Alaska Air Group has a 52 week low of $36.68 and a 52 week high of $65.88. The stock has a market capitalization of $4.43 billion, a P/E ratio of 44.46, a price-to-earnings-growth ratio of 0.38 and a beta of 1.16. The stock has a fifty day moving average of $49.41 and a 200-day moving average of $48.99.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.32. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The business had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the company earned $0.97 EPS. Alaska Air Group’s revenue for the quarter 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, sell-side analysts expect that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, EVP Kyle B. Levine sold 2,945 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $60.02, for a total value of $176,758.90. Following the sale, the executive vice president owned 20,977 shares in the company, valued at approximately $1,259,039.54. The trade was a 12.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Shane R. Tackett sold 24,000 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total value of $1,371,600.00. Following the completion of the sale, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at approximately $2,478,995.55. The trade was a 35.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 56,945 shares of company stock worth $3,204,569 over the last three months. Company insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On Alaska Air Group

A number of hedge funds and other institutional investors have recently made changes to their positions in ALK. Atlas Capital Advisors Inc. acquired a new stake in Alaska Air Group during the 4th quarter valued at approximately $26,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Alaska Air Group in the 3rd quarter worth approximately $28,000. MAI Capital Management lifted its position in shares of Alaska Air Group by 80.5% in the 2nd quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock worth $31,000 after purchasing an additional 280 shares during the period. AlphaQuest LLC bought a new stake in shares of Alaska Air Group in the 3rd quarter valued at $34,000. Finally, First Command Advisory Services Inc. boosted its stake in shares of Alaska Air Group by 242.5% in the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 485 shares during the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

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.