Alaska Air's 2027 EPS Target May Exceed Expectations Amid Growth Drivers: Analyst Highlights Single Loyalty Program

Benzinga12-13

Alaska Air Group, Inc. (NYSE:ALK) shares are trading higher on Thursday. Goldman Sachs analyst Catherine O’Brien indicates that there could be potential upside to the company’s 2027 EPS target, taking...

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(NYSE:ALK) shares are trading higher on Thursday.\nGoldman Sachs analyst Catherine O’Brien indicates that there could be potential upside to the company’s 2027 EPS target, taking...</p>\n\n<a href=\"https://finance.yahoo.com/news/alaska-airs-2027-eps-target-191523359.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALK","symbol_name":"阿拉斯加航空集团有限公司","start_time":0,"source_url":"https://finance.yahoo.com/news/alaska-airs-2027-eps-target-191523359.html","article_id":"2491550273","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/0_MNSx3Wl3_1Rmx5Y4QqGg--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/2497fdf33fa08aa52556943616642334"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491550273","pubTimestamp":1734030923,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Alaska Air Group, Inc.  shares are trading higher on Thursday.Goldman Sachs analyst Catherine O’Brien indicates that there could be potential upside to the company’s 2027 EPS target, taking into account factors such as the recently announced $1 billion share repurchase authorization, improvements in the industry environment, the full recovery of Hawaiian’s revenue, the economic benefits from a new joint co-brand credit card deal, and potential solutions to mitigate the current volatility in West Coast jet fuel crack spreads.The analyst notes that the company plans to transition to a single loyalty program in the second half of 2025.Also Read: Stocks Fall As Producer Inflation Spikes, Jobless Claims Jump: ‘What Is Happening Here?’。Per O’Brien, a new agreement is expected to follow this transition, likely before the current contracts expire, based on industry practices of renegotiating ahead of expiration.The analyst highlights key risks, including potential integration challenges from t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ALK":"阿拉斯加航空集团有限公司"},"translate_title":"阿拉斯加航空2027年每股收益目标可能在增长动力下超出预期：分析师强调单一忠诚度计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALK":1},"content_text":"Alaska Air Group, Inc. (NYSE:ALK) shares are trading higher on Thursday.\nGoldman Sachs analyst Catherine O’Brien indicates that there could be potential upside to the company’s 2027 EPS target, taking into account factors such as the recently announced $1 billion share repurchase authorization, improvements in the industry environment, the full recovery of Hawaiian’s revenue, the economic benefits from a new joint co-brand credit card deal, and potential solutions to mitigate the current volatility in West Coast jet fuel crack spreads.\nThe analyst notes that the company plans to transition to a single loyalty program in the second half of 2025.\nAlso Read: Stocks Fall As Producer Inflation Spikes, Jobless Claims Jump: ‘What Is Happening Here?’\nPer O’Brien, a new agreement is expected to follow this transition, likely before the current contracts expire, based on industry practices of renegotiating ahead of expiration.\nThe analyst writes that the company’s $70 price forecast is based on a normalized EBITDAR valuation methodology, applying a 3.1x EV/EBITDAR multiple to a normalized EBITDAR estimate of $3.7 billion.\nThe analyst highlights key risks, including potential integration challenges from the recent merger with Hawaiian, higher-than-expected costs from open labor agreements, and possible future delivery disruptions from Boeing Company.\nThe analyst estimates the company’s FY24 revenues of $11.711 billion. The analyst projects FY25 revenues of $14.734 billion.\nPrice Action: ALK shares are trading lower by 0.05% to $64.06 at last check Thursday.\nRead Next:\n\nTrump Rings NYSE Opening Bell, Says Economy ‘Is Going To Be Very Strong’\n\nImage via Shutterstock.\nLatest Ratings for ALK\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJan 2022\nMorgan Stanley\nMaintains\n\nOverweight\n\n\nNov 2021\nRaymond James\nMaintains\n\nStrong Buy\n\n\nOct 2021\nJP Morgan\nMaintains\n\nOverweight\n\n\n\n View More Analyst Ratings for ALK \n View the Latest Analyst Ratings \nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nALASKA AIR GR (ALK): Free Stock Analysis Report\n\nThis article Alaska Air's 2027 EPS Target May Exceed Expectations Amid Growth Drivers: Analyst Highlights Single Loyalty Program originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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