Alaska Air Group, Inc. (ALK) EPS Estimated At $0.94

January 20, 2018 - By Marie Mckinney

 Alaska Air Group, Inc. (ALK) EPS Estimated At $0.94
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.
Anchor Bolt L P, Illinois-based fund reported 305,264 shares. Guggenheim Capital Ltd holds 0.09% or 494,838 shares in its portfolio. Moreover, Cornerstone has 0.01% invested in Alaska Air Group, Inc. (NYSE:ALK) for 127 shares. Raymond James And Assocs has 193,773 shares. Fincl Bank Of Ny Mellon Corporation holds 0.03% in Alaska Air Group, Inc. (NYSE:ALK) or 1.33 million shares. Comerica Bancshares owns 0.01% invested in Alaska Air Group, Inc. (NYSE:ALK) for 30,897 shares. Ohio-based Victory Capital Mngmt has invested 0.13% in Alaska Air Group, Inc. (NYSE:ALK). Blackrock holds 6.69 million shares or 0.03% of its portfolio. Tudor Investment Et Al accumulated 0.02% or 12,036 shares. Mu Investments accumulated 380 shares. Bank Of Montreal Can holds 0.01% or 173,344 shares. Crystal Rock Mgmt holds 1.42% or 27,940 shares in its portfolio. Hartford Invest Management accumulated 26,760 shares. Assetmark invested in 1,159 shares. 26,699 were accumulated by State Of Wisconsin Invest Board.

Since August 7, 2017, it had 0 buys, and 2 insider sales for $408,160 activity. Shares for $202,167 were sold by HARRISON ANDREW R on Monday, August 7.

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. The company was maintained on Monday, September 11 by Cowen & Co. The firm has “Neutral” rating given on Friday, January 22 by Credit Suisse. The firm earned “Outperform” rating on Monday, April 24 by Cowen & Co. The rating was upgraded by Deutsche Bank to “Buy” on Friday, January 22. Imperial Capital maintained the stock with “In-Line” rating in Friday, February 10 report. The firm has “Buy” rating given on Tuesday, January 10 by Bank of America. The rating was reinitiated by Cowen & Co with “Outperform” on Monday, May 16. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, August 4 report. Bank of America upgraded the shares of ALK in report on Tuesday, April 5 to “Neutral” rating. The rating was downgraded by Barclays Capital to “Equal-Weight” on Wednesday, January 10.

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: Nasdaq.com which released: “Alaska Air Group Dec. Combined Traffic Up 9.2% – Quick Facts” on January 12, 2018, also Prnewswire.com with their article: “Alaska Air Group reports December 2017 and full-year operational results” published on January 12, 2018, Bizjournals.com published: “Alaska Air Group pays $32 million for ‘Project Copper River’ property in SeaTac” on January 03, 2018. More interesting news about Alaska Air Group, Inc. (NYSE:ALK) were released by: Seekingalpha.com and their article: “Alaska Air: Set For Takeoff” published on December 31, 2017 as well as Bizjournals.com‘s news article titled: “Alaska Air names new CEO and chief operating officer at Horizon Air” with publication date: January 10, 2018.

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