FY2025 EPS Estimate for Allegiant Travel Lowered by Analyst

Allegiant Travel (NASDAQ:ALGT) – Equities researchers at Zacks Research reduced their FY2025 earnings per share estimates for shares of Allegiant Travel in a research note issued on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the transportation company will earn $7.03 per share for the year, down from their prior forecast of $7.31. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Allegiant Travel’s Q4 2025 earnings at $2.12 EPS and Q4 2026 earnings at $3.33 EPS.

Several other equities analysts have also recently weighed in on the company. The Goldman Sachs Group lifted their price objective on Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. Bank of America increased their price target on shares of Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a research report on Friday, January 17th. TD Cowen boosted their price objective on shares of Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. StockNews.com upgraded Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Wednesday, January 15th. Finally, Morgan Stanley boosted their price target on Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Allegiant Travel has a consensus rating of “Hold” and a consensus target price of $84.60.

Allegiant Travel Stock Up 3.6 %

Shares of ALGT opened at $54.96 on Friday. 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 stock has a market capitalization of $1.01 billion, a PE ratio of -4.11 and a beta of 1.64. The firm’s 50 day moving average is $81.94 and its 200-day moving average is $73.58. Allegiant Travel has a 12 month low of $36.09 and a 12 month high of $107.57.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 EPS 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%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ALGT. Segall Bryant & Hamill LLC raised its stake in Allegiant Travel by 5.1% during the third quarter. Segall Bryant & Hamill LLC now owns 103,508 shares of the transportation company’s stock worth $5,699,000 after buying an additional 5,052 shares during the last quarter. Intech Investment Management LLC purchased a new stake in shares of Allegiant Travel in the third quarter worth approximately $450,000. Landscape Capital Management L.L.C. purchased a new stake in Allegiant Travel in the 3rd quarter valued at about $6,193,000. Charles Schwab Investment Management Inc. raised its stake in shares of Allegiant Travel by 41.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 257,456 shares of the transportation company’s stock worth $14,176,000 after purchasing an additional 75,486 shares during the period. Finally, Algert Global LLC purchased a new position in Allegiant Travel in the third quarter valued at approximately $579,000. Institutional investors and hedge funds own 85.81% of the company’s stock.

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.