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

Vanguard Group Inc. now owns 11,829,247 shares of the transportation company's stock worth $1,061,794,000 after acquiring an additional 261,887 shares during the last quarter. About 3.94M shares traded or 33.23% up from the average. Royal Bank of Canada (NYSE:RY) has risen 16.29% since January 13, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Is Alaska Air Group, Inc.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Wednesday, October 25th. NTGR's profit will be $16.99M for 30.28 P/E if the $0.54 EPS becomes a reality. Alaska Air Group, Inc. has a 12 month low of $54.51 and a 12 month high of $96.27. The stock increased 0.33% or $0.33 during the last trading session, reaching $101.35. Landscape Cap Management Lc has 0.16% invested in Alaska Air Group, Inc. (ALK) has risen 29.33% since January 13, 2017 and is uptrending. It has outperformed by 12.63% the S&P500.

Investors sentiment increased to 0.89 in Q3 2017. Its down 0.11, from 1.02 in 2017Q2. It is positive, as 53 investors sold ALK shares while 131 reduced holdings. Caxton Assocs LP holds 0.17% or 63,500 shares in its portfolio. Private Wealth Partners Limited reported 113,365 shares. However, the institutional investors are observed to own 91.30% of the total shares. Robeco Institutional Asset Mngmt Bv stated it has 427,830 shares or 0.52% of all its holdings. Farmers And Merchants Invests reported 2,718 shares stake. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.80 and a quick ratio of 0.78. They expect $2.50 earnings per share, up 18.48% or $0.39 from last year's $2.11 per share. (NYSE:ALK) was sold by TILDEN BRADLEY D. 979,484 are held by Serv Automobile Association.

Since August 7, 2017, it had 0 insider buys, and 2 sales for $408,160 activity. MONTFORD JOHN T also sold $107,240 worth of Southwest Airlines Co. The shares were sold at an average price of $68.00, for a total value of $335,512.00. It also reduced Teradata Corp Del (NYSE:TDC) stake by 87,200 shares and now owns 30,914 shares. Urban Edge Pptys was reduced too.

ALK has been the subject of a number of research reports. Imperial Capital cut their price target on shares of Alaska Air Group from $85.00 to $70.00 and set a line rating for the company in a research report on Thursday, October 26th. The firm has "Buy" rating by Needham given on Monday, December 4. Alaska Air Group had a return on equity of 28.74% and a net margin of 10.34%. The stock now has a consensus rating of Buy and a consensus price target of $88.89. Its up 0.19, from 1.15 in 2017Q2.

Analyst Thoughts About Alaska Air Group, Inc. Following the transaction, the executive vice president now owns 20,788 shares in the company, valued at approximately $1,362,237.64. Advisors Asset Mgmt Inc owns 17,229 shares or 0.02% of their USA portfolio. Vanguard Group Incorporated Inc has invested 0.04% in Alaska Air Group, Inc. Enterprise Svcs owns 28 shares or 0% of their U.S. portfolio. There has been an observed change of -6.03% in the ownership of the shares in the past six months. Clinton Gp accumulated 19,495 shares or 0.16% of the stock. The Massachusetts-based Shellback Capital Lp has invested 2.96% in the stock. Alaska Air Group Inc now has $9.05 billion valuation. (NYSE:ALK) by 62.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Eaton Vance Management accumulated 826,355 shares. Bank of Nova Scotia Trust Co. bought a new position in Alaska Air Group in the third quarter worth about $153,000. Moreover, New York State Common Retirement Fund has 0.03% invested in Alaska Air Group, Inc. (NYSE:ALK) for 66 shares. After $2.24 actual earnings per share reported by Alaska Air Group, Inc. for the previous quarter, Wall Street now forecasts -58.04% negative EPS growth.

Analysts have given a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Ratings analysis reveals 50% of Alaska Air's analysts are positive. Alaska Air Group had 74 analyst reports since July 24, 2015 according to SRatingsIntel. Hartline Investment Corp boosted its holdings in Alaska Air Group by 21.2% in the 3rd quarter. The firm earned "Hold" rating on Tuesday, December 22 by Stifel Nicolaus. Tigress Financial maintained the shares of CVS in report on Tuesday, December 26 with "Buy" rating. The company was upgraded on Tuesday, January 10 by Bank of America. The firm has "Buy" rating given on Thursday, June 23 by Mizuho. The rating was maintained by SunTrust on Friday, October 13 with "Buy". Morgan Stanley maintained it with "Overweight" rating and $102 target in Monday, July 17 report. The firm earned "Neutral" rating on Wednesday, November 1 by JP Morgan. The firm has "Buy" rating by Deutsche Bank given on Thursday, October 26. The firm has "Overweight" rating by Barclays Capital given on Wednesday, July 19.

COPYRIGHT VIOLATION WARNING: "Neuberger Berman Group LLC Decreases Stake in Alaska Air Group, Inc". Starbucks Corporation (SBUX) has a market cap of $84.14 billion and over the last 12 months, Starbucks Corporation (NASDAQ:SBUX) has gone stronger by 3.35%. The firm operates in three divisions: Retail, Commercial, and Service Provider. It offers north/south service within the western United States, Canada, Mexico and Costa Rica, as well as passenger and dedicated cargo services to and within the state of Alaska.

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