Zacks Research Predicts Weaker Earnings for Allegiant Travel

Allegiant Travel (NASDAQ:ALGT) – Investment analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for Allegiant Travel in a research note issued on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the transportation company will earn $1.82 per share for the quarter, down from their previous forecast of $1.83. 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 Q2 2026 earnings at $1.48 EPS, Q3 2026 earnings at $2.45 EPS, FY2026 earnings at $9.41 EPS and FY2027 earnings at $11.54 EPS.

Other equities research analysts have also issued reports about the company. Susquehanna boosted their target price on Allegiant Travel from $60.00 to $105.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. StockNews.com raised Allegiant Travel from a “sell” rating to a “hold” rating in a research report on Wednesday, January 15th. Morgan Stanley boosted their target price on Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. UBS Group cut their target price on Allegiant Travel from $93.00 to $61.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Raymond James boosted their target price on Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, December 30th. 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 company. According to data from MarketBeat.com, Allegiant Travel has a consensus rating of “Hold” and a consensus target price of $84.60.

Allegiant Travel Trading Down 5.3 %

Shares of Allegiant Travel stock opened at $53.03 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 1.36. The firm has a market cap of $972.46 million, a price-to-earnings ratio of -3.97 and a beta of 1.64. The business has a fifty day simple moving average of $82.86 and a 200-day simple moving average of $73.49. Allegiant Travel has a fifty-two week low of $36.09 and a fifty-two week high of $107.57.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC grew its stake in Allegiant Travel by 1,614.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 9,017 shares of the transportation company’s stock valued at $849,000 after purchasing an additional 8,491 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Allegiant Travel by 41.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 257,456 shares of the transportation company’s stock valued at $14,176,000 after purchasing an additional 75,486 shares in the last quarter. Hauser Brothers GmbH grew its stake in Allegiant Travel by 73.0% in the third quarter. Hauser Brothers GmbH now owns 23,700 shares of the transportation company’s stock valued at $1,305,000 after purchasing an additional 10,000 shares in the last quarter. State Street Corp grew its stake in Allegiant Travel by 1.7% in the third quarter. State Street Corp now owns 608,977 shares of the transportation company’s stock valued at $33,530,000 after purchasing an additional 10,050 shares in the last quarter. Finally, US Bancorp DE grew its stake in Allegiant Travel by 575.4% in the fourth quarter. US Bancorp DE now owns 5,025 shares of the transportation company’s stock valued at $473,000 after purchasing an additional 4,281 shares in the last quarter. 85.81% of the stock is owned by institutional investors and hedge funds.

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.