Zacks Research Issues Optimistic Estimate for ALGT Earnings

Allegiant Travel (NASDAQ:ALGT) – Research analysts at Zacks Research lifted their Q2 2025 earnings per share (EPS) estimates for Allegiant Travel in a report issued on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the transportation company will post earnings per share of $3.23 for the quarter, up from their previous forecast of $3.03. 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 FY2027 earnings at $11.61 EPS.

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

A number of other research analysts have also issued reports on the company. Bank of America lifted their target price on Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a report on Friday, January 17th. TD Cowen lifted their target price on Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Barclays lifted their target price on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, January 16th. Wolfe Research lowered Allegiant Travel from a “strong-buy” rating to a “hold” rating in a report on Monday, November 4th. Finally, The Goldman Sachs Group raised their price target on Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a research note on Tuesday, January 14th. 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $80.10.

Allegiant Travel Trading Up 0.5 %

NASDAQ:ALGT opened at $86.17 on Thursday. The firm has a market cap of $1.58 billion, a PE ratio of -6.44 and a beta of 1.63. The stock has a fifty day moving average price of $93.57 and a 200 day moving average price of $70.25. Allegiant Travel has a 12-month low of $36.08 and a 12-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.

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors have recently added to or reduced their stakes in ALGT. Signaturefd LLC boosted its holdings in Allegiant Travel by 149.2% in the 3rd quarter. Signaturefd LLC now owns 456 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 273 shares in the last quarter. Crews Bank & Trust purchased a new stake in Allegiant Travel in the 4th quarter valued at approximately $25,000. Nisa Investment Advisors LLC boosted its stake in shares of Allegiant Travel by 136.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company’s stock worth $29,000 after acquiring an additional 304 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Allegiant Travel by 94.5% during the 4th 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, Sterling Capital Management LLC boosted its stake in shares of Allegiant Travel by 803.6% during the 4th quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company’s stock worth $47,000 after acquiring an additional 442 shares in the last quarter. Hedge funds and other institutional investors own 85.81% of the company’s stock.

Insider Transactions at Allegiant Travel

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