Alaska Air Group, Inc. (ALK) Forms $62.74 Double Bottom; Profile of 4 Analysts Covering Fang Holdings Limited (SFUN)

Among 12 analysts covering SouFun Holdings (NYSE:SFUN), 4 have Buy rating, 3 Sell and 5 Hold. Therefore 33% are positive. SouFun Holdings had 20 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Friday, August 26 by CLSA. On Friday, February 24 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Deutsche Bank downgraded Fang Holdings Limited (NYSE:SFUN) on Wednesday, December 14 to “Sell” rating. The firm has “Outperform” rating given on Monday, October 19 by CSLA. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, November 30 report. Credit Agricole upgraded the shares of SFUN in report on Thursday, September 3 to “Buy” rating. As per Tuesday, November 29, the company rating was downgraded by Nomura. The rating was maintained by Nomura with “Buy” on Wednesday, August 10. The rating was reinitiated by JP Morgan on Wednesday, August 31 with “Neutral”. Credit Agricole downgraded Fang Holdings Limited (NYSE:SFUN) on Monday, August 10 to “Outperform” rating. See Fang Holdings Limited (NYSE:SFUN) latest ratings:

Alaska Air Group, Inc. (ALK) formed double bottom with $58.98 target or 6.00% below today’s $62.74 share price. Alaska Air Group, Inc. (ALK) has $7.72 billion valuation. The stock decreased 2.82% or $1.82 during the last trading session, reaching $62.74. About 5.58 million shares traded or 144.44% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since February 6, 2017 and is uptrending. It has outperformed by 12.63% the S&P500.

Among 16 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 2 Sell and 6 Hold. Therefore 50% are positive. Alaska Air Group has $145 highest and $9 lowest target. $85.44’s average target is 36.18% above currents $62.74 stock price. Alaska Air Group had 80 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Tuesday, January 30 by JP Morgan. The firm has “Neutral” rating by Bank of America given on Tuesday, April 5. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Neutral” rating given on Friday, November 18 by Citigroup. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Neutral” rating given on Wednesday, November 1 by JP Morgan. Morgan Stanley maintained the stock with “Overweight” rating in Monday, September 18 report. The firm has “Outperform” rating by Cowen & Co given on Thursday, July 23. Morgan Stanley maintained the stock with “Overweight” rating in Friday, January 26 report. The company was upgraded on Thursday, October 13 by Buckingham Research. The company was maintained on Thursday, October 26 by Buckingham Research. Deutsche Bank maintained the shares of ALK in report on Thursday, October 26 with “Buy” rating.

Investors sentiment increased to 1.34 in 2017 Q3. Its up 0.19, from 1.15 in 2017Q2. It increased, 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. Highbridge Mgmt Llc, New York-based fund reported 3,902 shares. Cleararc Cap Incorporated invested in 3,184 shares or 0.04% of the stock. Ing Groep Nv accumulated 10,675 shares. Panagora Asset Mngmt owns 15,369 shares for 0% of their portfolio. Regentatlantic Capital Lc has invested 0.02% in Alaska Air Group, Inc. (NYSE:ALK). Quantitative Systematic Strategies Llc invested in 0.57% or 28,263 shares. American Intl Gp, New York-based fund reported 36,829 shares. E&G Advsrs Limited Partnership accumulated 3,800 shares. 15,237 were reported by Bb&T Secs Limited Liability Company. Fincl Bank Of America Corp De holds 605,630 shares. Tradewinds Capital Ltd Company accumulated 1,459 shares or 0.06% of the stock. Cornerstone Advisors Inc holds 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 127 shares. 739,922 were reported by Goldman Sachs Gru Inc. Deltec Asset Mgmt Ltd Liability Company reported 0.22% in Alaska Air Group, Inc. (NYSE:ALK). Ls Investment Ltd Liability reported 3,707 shares stake.

Analysts await Alaska Air Group, Inc. (NYSE:ALK) to report earnings on February, 14. They expect $0.94 earnings per share, down 39.74% or $0.62 from last year’s $1.56 per share. ALK’s profit will be $115.68M for 16.69 P/E if the $0.94 EPS becomes a reality. 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.