Zacks Research Issues Pessimistic Estimate for ALGT Earnings

Allegiant Travel (NASDAQ:ALGT) – Investment analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Allegiant Travel in a research note issued on Tuesday, February 18th. Zacks Research analyst R. Department now forecasts that the transportation company will earn $1.82 per share for the quarter, down from their prior forecast of $2.32. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.55 per share. Zacks Research also issued estimates for Allegiant Travel’s Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $2.15 EPS, FY2025 earnings at $7.34 EPS, Q1 2026 earnings at $1.83 EPS, Q2 2026 earnings at $1.49 EPS, Q3 2026 earnings at $2.46 EPS, Q4 2026 earnings at $3.68 EPS and FY2026 earnings at $9.46 EPS.

Several other brokerages have also issued reports on ALGT. UBS Group initiated coverage on Allegiant Travel in a research note on Tuesday, November 26th. They issued a “neutral” rating and a $16.00 target price on the stock. StockNews.com upgraded shares of Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Wednesday, January 15th. Raymond James upped their price target on shares of Allegiant Travel from $75.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, December 30th. Bank of America boosted their target price on shares of Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a report on Friday, January 17th. Finally, The Goldman Sachs Group lifted their price target on Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Allegiant Travel presently has a consensus rating of “Hold” and a consensus price target of $80.10.

Allegiant Travel Price Performance

Allegiant Travel stock opened at $86.17 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.75 and a quick ratio of 0.72. The firm has a 50 day moving average price of $93.57 and a 200-day moving average price of $70.25. Allegiant Travel has a twelve month low of $36.08 and a twelve month high of $107.57.

Allegiant Travel (NASDAQ:ALGT) last posted its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $0.48 by $1.62. Allegiant Travel had a negative net margin of 9.56% and a positive return on equity of 3.33%.

Insider Activity at Allegiant Travel

In related news, Director Sandra Douglass Morgan sold 350 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $80.77, for a total value of $28,269.50. Following the completion of the sale, the director now owns 11,650 shares in the company, valued at $940,970.50. The trade was a 2.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $84.46, for a total transaction of $2,391,822.74. Following the transaction, the chairman now directly owns 2,147,730 shares in the company, valued at approximately $181,397,275.80. This represents a 1.30 % decrease in their position. The disclosure for this sale can be found here. 15.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new stake in Allegiant Travel in the 4th quarter worth $3,364,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Allegiant Travel during the fourth quarter worth about $655,000. Voloridge Investment Management LLC bought a new stake in shares of Allegiant Travel in the fourth quarter worth about $16,713,000. Woodline Partners LP bought a new stake in shares of Allegiant Travel in the fourth quarter worth about $5,372,000. Finally, ProShare Advisors LLC purchased a new position in Allegiant Travel during the 4th quarter valued at about $438,000. Institutional investors own 85.81% of the company’s stock.

Allegiant Travel Company Profile

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft.