Zacks Research Has Bullish Forecast for ALGT Q2 Earnings

Allegiant Travel (NASDAQ:ALGT) – Analysts at Zacks Research upped their Q2 2025 EPS estimates for Allegiant Travel in a research note issued on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the transportation company will post earnings of $3.23 per share for the quarter, up from their previous estimate 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.

Several other equities analysts also recently weighed in on the stock. The Goldman Sachs Group lifted their price target on shares of Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. UBS Group began coverage on shares of Allegiant Travel in a report on Tuesday, November 26th. They set a “neutral” rating and a $16.00 price target on the stock. TD Cowen lifted their price target on shares of Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Bank of America boosted their target price on shares of Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a report on Friday, January 17th. Finally, StockNews.com raised shares of Allegiant Travel from a “sell” rating to a “hold” rating in a report on Wednesday, January 15th. 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’s stock. According to MarketBeat, Allegiant Travel currently has an average rating of “Hold” and a consensus target price of $80.10.

Allegiant Travel Stock Performance

Shares of NASDAQ ALGT opened at $81.64 on Thursday. The firm has a 50 day moving average of $93.51 and a 200 day moving average of $70.53. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of -6.11 and a beta of 1.63. Allegiant Travel has a 12-month low of $36.08 and a 12-month high of $107.57.

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

Insider Buying and Selling

In other Allegiant Travel news, Director Sandra Douglass Morgan sold 350 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $80.77, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $84.46, for a total transaction 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. This trade represents a 1.30 % decrease in their position. The disclosure for this sale can be found here. 15.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ALGT. Jacobs Levy Equity Management Inc. bought a new position in Allegiant Travel during the fourth quarter valued at $26,067,000. Emerald Advisers LLC bought a new position in shares of Allegiant Travel in the fourth quarter worth about $22,256,000. Voloridge Investment Management LLC bought a new position in shares of Allegiant Travel in the fourth quarter worth about $16,713,000. Donald Smith & CO. Inc. grew its holdings in shares of Allegiant Travel by 20.2% in the third quarter. Donald Smith & CO. Inc. now owns 993,474 shares of the transportation company’s stock worth $54,701,000 after purchasing an additional 167,148 shares during the last quarter. Finally, Mesirow Institutional Investment Management Inc. bought a new position in shares of Allegiant Travel in the fourth quarter worth about $13,830,000. Institutional investors own 85.81% 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.