Seaport Res Ptn Has Bullish Estimate for ALGT Q3 Earnings

Allegiant Travel (NASDAQ:ALGTFree Report) – Analysts at Seaport Res Ptn increased their Q3 2025 earnings estimates for shares of Allegiant Travel in a research report issued to clients and investors on Wednesday, February 5th. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will earn $0.00 per share for the quarter, up from their previous forecast 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.

Allegiant Travel (NASDAQ:ALGTGet Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, topping 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%.

A number of other research analysts have also weighed in on the stock. TD Cowen raised their price target 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. Morgan Stanley raised their target price 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. Barclays boosted their price target on Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. Bank of America raised their price objective on Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a report on Friday, January 17th. Finally, Susquehanna upped their target price on shares of Allegiant Travel from $60.00 to $105.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. 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 company currently has an average rating of “Hold” and an average target price of $80.10.

Get Our Latest Stock Report on ALGT

Allegiant Travel Stock Performance

ALGT opened at $85.64 on Monday. The firm’s fifty day simple moving average is $93.44 and its two-hundred day simple moving average is $68.89. Allegiant Travel has a 52-week low of $36.08 and a 52-week high of $107.57. The company has a market cap of $1.57 billion, a price-to-earnings ratio of -6.41, a PEG ratio of 1.03 and a beta of 1.63. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 1.36.

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Signaturefd LLC increased its holdings in Allegiant Travel by 30.3% in the 4th quarter. Signaturefd LLC now owns 594 shares of the transportation company’s stock valued at $56,000 after purchasing an additional 138 shares during the last quarter. SeaCrest Wealth Management LLC grew its stake in shares of Allegiant Travel by 3.3% in the fourth quarter. SeaCrest Wealth Management LLC now owns 6,210 shares of the transportation company’s stock valued at $584,000 after buying an additional 200 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Allegiant Travel by 94.5% in the 4th 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 during the period. GAMMA Investing LLC lifted its stake in Allegiant Travel by 53.5% during the 4th quarter. GAMMA Investing LLC now owns 677 shares of the transportation company’s stock worth $64,000 after acquiring an additional 236 shares in the last quarter. Finally, Crews Bank & Trust purchased a new position in Allegiant Travel during the 4th quarter valued at about $25,000. 85.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the company’s 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 transaction, the chairman now owns 2,147,730 shares of the company’s stock, valued at $181,397,275.80. This represents a 1.30 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sandra Douglass Morgan sold 350 shares of the 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 transaction, the director now owns 11,650 shares of the company’s stock, valued at approximately $940,970.50. This represents a 2.92 % 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.

About Allegiant Travel

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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.

Further Reading

Earnings History and Estimates for Allegiant Travel (NASDAQ:ALGT)

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