$0.94 EPS Expected for Alaska Air Group, Inc. (ALK)

January 23, 2018 - By Marguerite Chambers

 $0.94 EPS Expected for Alaska Air Group, Inc. (ALK)
Investors sentiment increased to 1.34 in 2017 Q3. Its up 0.19, from 1.15 in 2017Q2. It improved, as 53 investors sold Alaska Air Group, Inc. shares while 131 reduced holdings. 68 funds opened positions while 179 raised stakes. 105.25 million shares or 1.07% less from 106.39 million shares in 2017Q2 were reported.
Next Grp Inc owns 460 shares. Icon Advisers Company holds 0.04% or 7,100 shares. Deutsche National Bank & Trust Ag holds 215,805 shares. Teachers Retirement System Of The State Of Kentucky holds 56,640 shares. Commonwealth Equity Serv reported 17,410 shares stake. Livforsakringsbolaget Skandia Omsesidigt reported 53,168 shares. Wexford Capital L P invested in 0.44% or 67,089 shares. Hsbc Pcl reported 0.02% stake. Shellback Capital L P accumulated 430,000 shares or 2.96% of the stock. Schroder Grp accumulated 315,069 shares. Alliancebernstein L P reported 0.01% in Alaska Air Group, Inc. (NYSE:ALK). Lsv Asset Management reported 0.14% in Alaska Air Group, Inc. (NYSE:ALK). Qs Investors Lc stated it has 0% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Tudor Investment Et Al reported 12,036 shares. Barclays Plc has invested 0% in Alaska Air Group, Inc. (NYSE:ALK).

Since August 7, 2017, it had 0 buys, and 2 selling transactions for $408,160 activity. 2,350 shares were sold by HARRISON ANDREW R, worth $202,167.

Analysts expect Alaska Air Group, Inc. (NYSE:ALK) to report $0.94 EPS on February, 14.They anticipate $0.62 EPS change or 39.74 % from last quarter’s $1.56 EPS. ALK’s profit would be $115.67 million giving it 18.23 P/E if the $0.94 EPS is correct. After having $2.24 EPS previously, Alaska Air Group, Inc.’s analysts see -58.04 % EPS growth. The stock decreased 0.48% or $0.33 during the last trading session, reaching $68.55. About 3.01M shares traded or 48.49% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since January 23, 2017 and is uptrending. It has outperformed by 12.63% the S&P500.

Alaska Air Group, Inc. (NYSE:ALK) Ratings Coverage

Among 16 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Alaska Air Group had 74 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) on Friday, December 4 with “Outperform” rating. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Cowen & Co on Monday, August 7. Imperial Capital maintained it with “In-Line” rating and $84 target in Friday, October 21 report. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Hold” rating by Stifel Nicolaus on Tuesday, December 22. The firm has “Buy” rating given on Tuesday, January 10 by Bank of America. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Overweight” rating given on Thursday, October 26 by Barclays Capital. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Stifel Nicolaus on Sunday, August 20. Cowen & Co maintained it with “Outperform” rating and $103 target in Tuesday, June 20 report. The firm earned “Buy” rating on Monday, October 16 by Cowen & Co. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Overweight” rating given on Wednesday, July 27 by JP Morgan.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company has market cap of $8.44 billion. The firm operates through three divisions: Mainline, Regional, and Horizon. It has a 11.02 P/E ratio. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, Costa Rica, and Cuba.

More notable recent Alaska Air Group, Inc. (NYSE:ALK) news were published by: Zacks.com which released: “Alaska Air Group (ALK) Q4 Earnings: What’s in the Offing?” on January 22, 2018, also Nasdaq.com with their article: “Alaska Air Group Dec. Combined Traffic Up 9.2% – Quick Facts” published on January 12, 2018, Bizjournals.com published: “Alaska Air names new CEO and chief operating officer at Horizon Air” on January 10, 2018. More interesting news about Alaska Air Group, Inc. (NYSE:ALK) were released by: Gurufocus.com and their article: “CFO4Life Group, LLC Buys Amazon.com Inc, AT&T Inc, AmerisourceBergen Corp …” published on January 22, 2018 as well as Bizjournals.com‘s news article titled: “Alaska Air Group pays $32 million for ‘Project Copper River’ property in SeaTac” with publication date: January 03, 2018.

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