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Alaska Air Group (ALK) Stock Falls Amid Market Uptick: What Investors Need to Know
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In the latest close session, Alaska Air Group (ALK - Free Report) was down 3.27% at $41.15. This change lagged the S&P 500's daily gain of 0.26%. On the other hand, the Dow registered a gain of 0.24%, and the technology-centric Nasdaq increased by 0.36%.
The stock of airline has risen by 12.3% in the past month, leading the Transportation sector's gain of 4.87% and the S&P 500's gain of 5.98%.
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 April 20, 2026. The company is expected to report EPS of -$1.61, down 109.09% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $3.27 billion, up 4.16% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.34 per share and revenue of $15.74 billion. These totals would mark changes of -86.07% and +10.58%, respectively, from last year.
Any recent changes to analyst estimates for Alaska Air Group should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 92.82% lower. At present, Alaska Air Group boasts a Zacks Rank of #3 (Hold).
Looking at its valuation, Alaska Air Group is holding a Forward P/E ratio of 125.58. This signifies a premium in comparison to the average Forward P/E of 11.16 for its industry.
We can additionally observe that ALK currently boasts a PEG ratio of 6.19. 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 was holding an average PEG ratio of 0.59 at yesterday's closing price.
The Transportation - Airline industry is part of the Transportation sector. With its current Zacks Industry Rank of 191, this industry ranks in the bottom 22% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ALK in the coming trading sessions, be sure to utilize Zacks.com.
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Alaska Air Group (ALK) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, Alaska Air Group (ALK - Free Report) was down 3.27% at $41.15. This change lagged the S&P 500's daily gain of 0.26%. On the other hand, the Dow registered a gain of 0.24%, and the technology-centric Nasdaq increased by 0.36%.
The stock of airline has risen by 12.3% in the past month, leading the Transportation sector's gain of 4.87% and the S&P 500's gain of 5.98%.
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 April 20, 2026. The company is expected to report EPS of -$1.61, down 109.09% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $3.27 billion, up 4.16% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.34 per share and revenue of $15.74 billion. These totals would mark changes of -86.07% and +10.58%, respectively, from last year.
Any recent changes to analyst estimates for Alaska Air Group should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 92.82% lower. At present, Alaska Air Group boasts a Zacks Rank of #3 (Hold).
Looking at its valuation, Alaska Air Group is holding a Forward P/E ratio of 125.58. This signifies a premium in comparison to the average Forward P/E of 11.16 for its industry.
We can additionally observe that ALK currently boasts a PEG ratio of 6.19. 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 was holding an average PEG ratio of 0.59 at yesterday's closing price.
The Transportation - Airline industry is part of the Transportation sector. With its current Zacks Industry Rank of 191, this industry ranks in the bottom 22% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ALK in the coming trading sessions, be sure to utilize Zacks.com.