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, which equates to a potential upside of 72.07 percent. The minimum price target given was 98, implying a possible loss of 16.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.24 percent. The average change in earnings estimates over the last 90 days is 7.04 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.68 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.22 percent in FY estimates.

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, while 2 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

ALK has an estimated earnings growth rate of 32.87 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ALK has a PEG ratio of 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 price/earnings 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 stock has a market capitalization of $10.76 billion. ALK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.