The Analyst Verdict: Alaska Air Gr In The Eyes Of 4 Experts

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Alaska Air Gr ALK in the last three months.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $52.5, a high estimate of $65.00, and a low estimate of $40.00. This upward trend is evident, with the current average reflecting a 6.06% increase from the previous average price target of $49.50.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Alaska Air Gr among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Alaska Air Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Alaska Air Gr compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Alaska Air Gr's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Alaska Air Gr's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Alaska Air Gr analyst ratings.

Delving into Alaska Air Gr's Background

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Alaska Air Gr: A Financial Overview

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Alaska Air Gr's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -10.07%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Alaska Air Gr's net margin excels beyond industry benchmarks, reaching -0.08%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Alaska Air Gr's ROE excels beyond industry benchmarks, reaching -0.05%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Alaska Air Gr's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.01%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.93, Alaska Air Gr adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Significance of Analyst Ratings Explained

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.