We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Alaska Air Group (ALK) Beats Stock Market Upswing: What Investors Need to Know
Read MoreHide Full Article
Alaska Air Group (ALK - Free Report) closed at $53.12 in the latest trading session, marking a +2.85% move from the prior day. This change outpaced the S&P 500's 0.54% gain on the day. On the other hand, the Dow registered a gain of 0.52%, and the technology-centric Nasdaq increased by 0.74%.
Coming into today, shares of the airline had gained 10.2% in the past month. In that same time, the Transportation sector gained 2.66%, while the S&P 500 gained 4.2%.
The investment community will be paying close attention to the earnings performance of Alaska Air Group in its upcoming release. The company is slated to reveal its earnings on July 23, 2025. The company is forecasted to report an EPS of $1.56, showcasing a 38.82% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $3.66 billion, indicating a 26.27% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.47 per share and a revenue of $14.17 billion, indicating changes of -28.75% and +20.76%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Alaska Air Group. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 4.91% decrease. Right now, Alaska Air Group possesses a Zacks Rank of #4 (Sell).
In terms of valuation, Alaska Air Group is presently being traded at a Forward P/E ratio of 14.88. This represents a premium compared to its industry average Forward P/E of 10.09.
It's also important to note that ALK currently trades at a PEG ratio of 0.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Transportation - Airline industry currently had an average PEG ratio of 0.88 as of yesterday's close.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 155, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Alaska Air Group (ALK) Beats Stock Market Upswing: What Investors Need to Know
Alaska Air Group (ALK - Free Report) closed at $53.12 in the latest trading session, marking a +2.85% move from the prior day. This change outpaced the S&P 500's 0.54% gain on the day. On the other hand, the Dow registered a gain of 0.52%, and the technology-centric Nasdaq increased by 0.74%.
Coming into today, shares of the airline had gained 10.2% in the past month. In that same time, the Transportation sector gained 2.66%, while the S&P 500 gained 4.2%.
The investment community will be paying close attention to the earnings performance of Alaska Air Group in its upcoming release. The company is slated to reveal its earnings on July 23, 2025. The company is forecasted to report an EPS of $1.56, showcasing a 38.82% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $3.66 billion, indicating a 26.27% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.47 per share and a revenue of $14.17 billion, indicating changes of -28.75% and +20.76%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Alaska Air Group. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 4.91% decrease. Right now, Alaska Air Group possesses a Zacks Rank of #4 (Sell).
In terms of valuation, Alaska Air Group is presently being traded at a Forward P/E ratio of 14.88. This represents a premium compared to its industry average Forward P/E of 10.09.
It's also important to note that ALK currently trades at a PEG ratio of 0.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Transportation - Airline industry currently had an average PEG ratio of 0.88 as of yesterday's close.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 155, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.