Alaska Air Group (NYSE:ALK) Stock Rating Lowered by Wall Street Zen

Alaska Air Group (NYSE:ALK) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Monday.

Other research analysts have also issued reports about the stock. TD Cowen cut their target price on shares of Alaska Air Group from $63.00 to $54.00 and set a “buy” rating for the company in a report on Monday, March 9th. Raymond James Financial reaffirmed an “outperform” rating and set a $71.00 price target on shares of Alaska Air Group in a research note on Friday, December 19th. Citigroup lowered 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 report on Friday, March 20th. Bank of America dropped their price objective on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Finally, The Goldman Sachs Group reduced their target price on shares of Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $63.67.

Alaska Air Group Trading Down 0.0%

Shares of ALK stock opened at $37.32 on Monday. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 42.89, a price-to-earnings-growth ratio of 0.51 and a beta of 1.27. Alaska Air Group has a 12-month low of $33.03 and a 12-month high of $65.88. The stock’s 50-day moving average price is $47.30 and its 200-day moving average price is $47.45.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the company earned $0.97 earnings per share. The firm’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. Equities research analysts predict that Alaska Air Group will post 6.03 EPS for the current fiscal year.

Insider Buying and Selling at Alaska Air Group

In other news, EVP Andrew R. Harrison sold 14,500 shares of the 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 sale, the executive vice president owned 20,195 shares of the company’s stock, valued at approximately $1,106,887.95. This represents a 41.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Shane R. Tackett sold 24,000 shares of Alaska Air Group stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the transaction, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at approximately $2,478,995.55. This represents a 35.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 56,945 shares of company stock worth $3,204,569 over the last quarter. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Atlas Capital Advisors Inc. bought a new position in Alaska Air Group in the 4th quarter worth about $26,000. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Alaska Air Group during the third quarter valued at approximately $28,000. AlphaQuest LLC bought a new stake in shares of Alaska Air Group during the third quarter valued at approximately $34,000. First Command Advisory Services Inc. boosted its holdings in shares of 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 purchasing an additional 485 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Alaska Air Group by 43.2% in the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 253 shares during the period. 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.