Alaska Air Group (ALK) closed lower than S&P 500, with decreased shares and analyst projections

From Nasdaq: 2025-04-07 18:15:00

In the latest trading session, Alaska Air Group (ALK) closed at $43.87, down 1.3% from the previous day. This performance was lower than the S&P 500’s daily loss of 0.23%. Over the past month, ALK shares have decreased by 26.7%, underperforming the Transportation sector and the S&P 500.

Analysts anticipate Alaska Air Group to report earnings of -$0.68 per share, a 26.09% growth from last year, with revenue expected to reach $3.21 billion, up 43.67%. Full-year estimates project earnings of $5.88 per share and revenue of $14.71 billion, reflecting positive changes compared to the previous year.

Investors should monitor analyst projections for Alaska Air Group as they can impact stock performance. Zacks Rank #3 (Hold) indicates recent estimates have decreased by 2.57%. The stock currently trades at a Forward P/E ratio of 7.56, higher than the industry average of 6.7. ALK holds a PEG ratio of 0.28, lower than the industry average of 0.51.

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Read more at Nasdaq: Here’s Why Alaska Air Group (ALK) Fell More Than Broader Market