Alaska Air Group, Inc. (ALK) Analysts See $0.94 EPS

January 20, 2018 - By Henry Gaston

 Alaska Air Group, Inc. (ALK) Analysts See $0.94 EPS
Investors sentiment increased to 1.34 in Q3 2017. 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.
Cohen Steers Inc owns 154,561 shares or 0.03% of their US portfolio. Serv Corp owns 0% invested in Alaska Air Group, Inc. (NYSE:ALK) for 28 shares. State Bank Of Nova Scotia Trust, Ontario – Canada-based fund reported 2,000 shares. Cibc Asset Inc reported 11,833 shares. Hartford Investment Management Communication invested in 0.04% or 26,760 shares. Srb reported 2,277 shares. First Personal Financial has 275 shares for 0% of their portfolio. Nomura reported 96,840 shares or 0.02% of all its holdings. Liberty Mutual Group Asset reported 0.02% in Alaska Air Group, Inc. (NYSE:ALK). Toronto Dominion Financial Bank has 0.01% invested in Alaska Air Group, Inc. (NYSE:ALK). Bb&T, North Carolina-based fund reported 96,785 shares. Affinity Inv Llc has invested 0.21% in Alaska Air Group, Inc. (NYSE:ALK). Boston Family Office Ltd Llc has 9,925 shares. Ahl Prtnrs Llp has 0.09% invested in Alaska Air Group, Inc. (NYSE:ALK) for 65,715 shares. Bluecrest Capital Management invested 0.02% in Alaska Air Group, Inc. (NYSE:ALK).

Since August 7, 2017, it had 0 buys, and 2 selling transactions for $408,160 activity. $202,167 worth of Alaska Air Group, Inc. (NYSE:ALK) was sold by HARRISON ANDREW R.

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 $115.66 million giving it 18.32 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 1.30% or $0.91 during the last trading session, reaching $68.88. About 3.37 million shares traded or 67.60% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since January 20, 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 has $145 highest and $9 lowest target. $86.75’s average target is 25.94% above currents $68.88 stock price. Alaska Air Group had 74 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, January 4, the company rating was downgraded by Cowen & Co. The company was maintained on Monday, December 4 by Cowen & Co. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Cowen & Co on Monday, August 7. The rating was maintained by Bank of America with “Buy” on Friday, October 13. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Buy” rating given on Tuesday, January 10 by Bank of America. The rating was maintained by JP Morgan with “Underweight” on Thursday, February 4. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Neutral” rating by Credit Suisse on Thursday, January 7. The firm has “Buy” rating by Raymond James given on Tuesday, September 1. The firm has “Outperform” rating given on Tuesday, August 18 by Cowen & Co. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Overweight” rating given on Thursday, October 26 by Morgan Stanley.

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 $8.48 billion. The firm operates through three divisions: Mainline, Regional, and Horizon. It has a 11.07 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: Prnewswire.com which released: “Alaska Air Group reports December 2017 and full-year operational results” on January 12, 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: Bizjournals.com and their article: “Alaska Air Group pays $32 million for ‘Project Copper River’ property in SeaTac” published on January 03, 2018 as well as Prnewswire.com‘s news article titled: “Alaska Air Group to announce financial results” with publication date: January 03, 2018.

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