Seaport Res Ptn Issues Optimistic Forecast for ALGT Earnings

Allegiant Travel (NASDAQ:ALGT) – Stock analysts at Seaport Res Ptn lifted their Q3 2025 earnings per share estimates for Allegiant Travel in a research report issued on Wednesday, February 5th. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will post earnings per share of $0.00 for the quarter, up from their previous estimate of ($0.30). The consensus estimate for Allegiant Travel’s current full-year earnings is $7.15 per share. Seaport Res Ptn also issued estimates for Allegiant Travel’s Q4 2025 earnings at $2.95 EPS and FY2025 earnings at $8.75 EPS.

ALGT has been the topic of a number of other reports. Barclays increased their price objective on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. The Goldman Sachs Group raised their price target on Allegiant Travel from $83.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Morgan Stanley upped their price objective on Allegiant Travel from $90.00 to $95.00 and gave the company an “equal weight” rating in a research report on Thursday, February 6th. Raymond James lifted their target price on Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, December 30th. Finally, TD Cowen boosted their target price on shares of Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $80.10.

Allegiant Travel Trading Down 2.4 %

Shares of ALGT opened at $88.35 on Monday. Allegiant Travel has a twelve month low of $36.08 and a twelve month high of $107.57. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. The company’s fifty day simple moving average is $93.30 and its 200-day simple moving average is $68.66. The company has a market cap of $1.62 billion, a P/E ratio of -6.61, a P/E/G ratio of 1.03 and a beta of 1.63.

Allegiant Travel (NASDAQ:ALGT) last released its 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 positive return on equity of 3.33% and a negative net margin of 9.56%.

Insider Activity

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

Hedge Funds Weigh In On Allegiant Travel

Several institutional investors and hedge funds have recently bought and sold shares of ALGT. Signaturefd LLC boosted its position in shares of Allegiant Travel by 149.2% in the 3rd quarter. Signaturefd LLC now owns 456 shares of the transportation company’s stock worth $25,000 after purchasing an additional 273 shares in the last quarter. Crews Bank & Trust purchased a new stake in Allegiant Travel in the fourth quarter valued at about $25,000. Nisa Investment Advisors LLC raised its stake in Allegiant Travel by 136.9% in the third quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company’s stock valued at $29,000 after buying an additional 304 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Allegiant Travel by 94.5% in the fourth quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company’s stock worth $43,000 after acquiring an additional 223 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Allegiant Travel by 53.5% during the fourth quarter. GAMMA Investing LLC now owns 677 shares of the transportation company’s stock worth $64,000 after acquiring an additional 236 shares during the last quarter. 85.81% of the stock is owned by hedge funds and other institutional investors.

About Allegiant Travel

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.