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.

A number of analysts gave price targets for ALK. The most optimistic analyst gave a price target of 145, which equates to a potential upside of 72.07 percent. The minimum price target given was 98, which equates to a potential downside of 16.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.24 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

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. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. ALK has a PEG ratio of 0.43.

ALK has a 52-week high of 101.43 and a 52-week low of 64.19. The current market price is above the trailing year's low by 31.28 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.