Zacks Research Forecasts Lower Earnings for Allegiant Travel

Allegiant Travel (NASDAQ:ALGT) – Stock analysts at Zacks Research reduced their Q1 2025 EPS estimates for Allegiant Travel in a research note issued on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the transportation company will post earnings per share of $1.82 for the quarter, down from their previous forecast of $2.32. 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 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.

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

Several other equities research analysts have also recently weighed in on the stock. Bank of America boosted 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. Barclays increased their price target on shares of Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, January 16th. Morgan Stanley boosted their price objective on Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 6th. The Goldman Sachs Group raised their price objective on Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a research note on Tuesday, January 14th. Finally, TD Cowen boosted their target price on Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $80.10.

Allegiant Travel Stock Performance

NASDAQ:ALGT opened at $81.64 on Friday. The company has a market cap of $1.50 billion, a price-to-earnings ratio of -6.11 and a beta of 1.63. Allegiant Travel has a 1 year low of $36.08 and a 1 year high of $107.57. The stock’s 50 day simple moving average is $93.51 and its two-hundred day simple moving average is $70.73. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.75 and a quick ratio of 0.72.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Crews Bank & Trust purchased a new stake in shares of Allegiant Travel in the 4th quarter worth approximately $25,000. Signaturefd LLC lifted its holdings in Allegiant Travel by 149.2% during the third quarter. Signaturefd LLC now owns 456 shares of the transportation company’s stock worth $25,000 after buying an additional 273 shares during the period. Jones Financial Companies Lllp boosted its position in Allegiant Travel by 94.5% during the 4th quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 223 shares in the last quarter. Sterling Capital Management LLC increased its holdings in shares of Allegiant Travel by 803.6% in the 4th quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 442 shares during the period. Finally, Nisa Investment Advisors LLC raised its position in shares of Allegiant Travel by 136.9% in 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. 85.81% of the stock is currently owned by institutional investors.

Insider Transactions at Allegiant Travel

In related news, Director Sandra Douglass Morgan sold 350 shares of the business’s stock in a transaction that occurred 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 in the company, valued at approximately $940,970.50. The trade was a 2.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the firm’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 in the company, valued at $181,397,275.80. The trade was a 1.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.