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 price target was 145, implying potential capital gains of 72.07 percent. The most pessimistic price target was 98, which equates to a potential downside of 16.29 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.68 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.22 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ALK's earnings is estimated by analysts to be 32.87 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ALK is 0.43.

In the last 52-weeks, ALK has achieved a high of 101.43 and a low of 64.19. Currently the stock is 31.28 percent higher than its low, and 16.92 percent below the 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 will post this quarters earnings in days, on 0000-00-00.