Analyst Ratings for Alaska Air Group Inc. (ALK)

Updated: 2017-07-26

Alaska Air Group Inc. (NYSE:ALK) was awarded an average rating of Buy from investment analysts following the stock. ALK had previously received a consensus rating of Buy a month ago.

A buy rating was issued by 10 analysts, 1 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for ALK. The most optimistic price target was 145, implying a possible profit of 72.07 percent. The lowest price target was 98, which equates to a potential downside of 16.29 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.24 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.04 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.68 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.22 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ALK's earnings is estimated by analysts to be 32.87 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ALK is 0.43.

ALK has traded between a high of 101.43 and a low of 64.19 over the past year. Today's price is 31.28 percent above the 52-week low, and 16.92 percent lower than its 52-week high. ALK has a P/E ratio of 14.23. Investors typically compare the P/E ratio to a company's peers in the industry. The ALK value stock report compares ALK to some of its peers using value stock charts. The market cap of ALK is $10.76 billion. ALK's next earnings release will be on 0000-00-00, which is days away.