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

Shares of Alaska Air Group, Inc. (NYSE:ALK) have received a consensus rating of “Moderate Buy” from the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $63.6667.

ALK has been the topic of a number of analyst reports. UBS Group dropped their price target on Alaska Air Group from $60.00 to $53.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. The Goldman Sachs Group reduced their price objective on shares of Alaska Air Group from $68.00 to $61.00 and set a “buy” rating for the company in a research note on Wednesday. BMO Capital Markets began coverage on shares of Alaska Air Group in a report on Tuesday, March 24th. They issued an “outperform” rating and a $50.00 target price for the company. Barclays reissued an “overweight” rating and issued a $70.00 target price (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Finally, Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th.

Alaska Air Group Price Performance

NYSE ALK opened at $37.32 on Friday. Alaska Air Group has a 1 year low of $33.03 and a 1 year high of $65.88. The business’s fifty day moving average is $47.30 and its two-hundred day moving average is $47.60. The stock has a market capitalization of $4.23 billion, a P/E ratio of 42.89, a P/E/G ratio of 0.51 and a beta of 1.27. 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 (NYSE:ALK) last released 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. 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%.The company’s revenue was up 2.8% compared to the same quarter last year. During the same period 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. On average, research analysts forecast that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Alaska Air Group

In other news, EVP Andrew R. Harrison sold 5,500 shares of Alaska Air Group stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $56.63, for a total transaction of $311,465.00. Following the transaction, the executive vice president owned 30,828 shares in the company, valued at approximately $1,745,789.64. The trade was a 15.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kyle B. Levine sold 2,945 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $60.02, for a total value 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. Insiders have sold a total of 56,945 shares of company stock valued at $3,204,569 in the last three months. 1.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alaska Air Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Capital Research Global Investors increased its holdings in shares of Alaska Air Group by 86.8% in the 4th quarter. Capital Research Global Investors now owns 3,175,350 shares of the transportation company’s stock valued at $159,720,000 after purchasing an additional 1,475,350 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Alaska Air Group by 19,661.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,235,901 shares of the transportation company’s stock valued at $62,166,000 after purchasing an additional 1,229,647 shares in the last quarter. Jain Global LLC acquired a new position in Alaska Air Group in the 4th quarter valued at approximately $53,683,000. BNP Paribas Financial Markets increased its stake in Alaska Air Group by 1,563.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,092,368 shares of the transportation company’s stock valued at $54,378,000 after buying an additional 1,026,710 shares during the period. Finally, Balyasny Asset Management L.P. purchased a new stake in Alaska Air Group in the 3rd quarter worth approximately $48,583,000. 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.