Zacks Research Predicts Lower Earnings for Allegiant Travel

Allegiant Travel (NASDAQ:ALGT) – Investment analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Allegiant Travel in a report released on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the transportation company will earn $1.82 per share for the quarter, down from their prior estimate 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.

A number of other research firms also recently commented on ALGT. Raymond James increased their target price on Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, December 30th. UBS Group began coverage on Allegiant Travel in a report on Tuesday, November 26th. They set a “neutral” rating and a $16.00 target price on the stock. Bank of America increased their target price on Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a report on Friday, January 17th. Morgan Stanley increased their target price on Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. Finally, Wolfe Research cut Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $80.10.

Allegiant Travel Trading Down 5.0 %

Shares of ALGT opened at $81.64 on Friday. The company has a market capitalization of $1.50 billion, a P/E ratio of -6.11 and a beta of 1.63. Allegiant Travel has a one year low of $36.08 and a one year high of $107.57. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.72 and a current ratio of 0.75. The stock has a 50-day moving average price of $93.51 and a 200 day moving average price of $70.53.

Allegiant Travel (NASDAQ:ALGT) last issued its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, beating analysts’ consensus estimates 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 Transactions at Allegiant Travel

In other news, Director Sandra Douglass Morgan sold 350 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $940,970.50. This trade represents a 2.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.46, for a total value of $2,391,822.74. Following the sale, the chairman now owns 2,147,730 shares of the company’s stock, valued at approximately $181,397,275.80. This represents a 1.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 15.80% of the company’s stock.

Institutional Trading of Allegiant Travel

Hedge funds and other institutional investors have recently modified their holdings of the company. Crews Bank & Trust bought a new position in Allegiant Travel during the fourth quarter valued at about $25,000. Signaturefd LLC raised its holdings in Allegiant Travel by 149.2% during the third quarter. Signaturefd LLC now owns 456 shares of the transportation company’s stock valued at $25,000 after buying an additional 273 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Allegiant Travel by 94.5% during the fourth quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company’s stock valued at $43,000 after buying an additional 223 shares in the last quarter. Sterling Capital Management LLC increased its stake in shares of Allegiant Travel by 803.6% in the fourth quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company’s stock worth $47,000 after purchasing an additional 442 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Allegiant Travel by 136.9% in the third quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company’s stock worth $29,000 after purchasing an additional 304 shares during the period. 85.81% of the stock is currently owned by hedge funds and other institutional investors.

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.