Zacks Research Issues Optimistic Estimate for ALGT Earnings

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

A number of other equities research analysts have also commented on the stock. The Goldman Sachs Group increased their price objective on shares of Allegiant Travel from $83.00 to $92.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Bank of America raised their price target on shares of Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a report on Friday, January 17th. StockNews.com raised Allegiant Travel from a “sell” rating to a “hold” rating in a report on Wednesday, January 15th. Susquehanna lifted their target price on Allegiant Travel from $60.00 to $105.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Finally, Barclays upped their price target on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, January 16th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the stock. According to data from 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 $85.72 on Thursday. The business has a fifty day moving average of $93.59 and a 200-day moving average of $70.14. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.72 and a current ratio of 0.75. Allegiant Travel has a twelve month low of $36.08 and a twelve month high of $107.57. The firm has a market cap of $1.57 billion, a PE ratio of -6.41 and a beta of 1.63.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share 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 Activity at Allegiant Travel

In other Allegiant Travel news, Director Sandra Douglass Morgan sold 350 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $80.77, for a total value of $28,269.50. Following the sale, the director now directly owns 11,650 shares in the company, valued at approximately $940,970.50. This trade represents a 2.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of Allegiant Travel stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.46, for a total transaction of $2,391,822.74. Following the transaction, the chairman now directly owns 2,147,730 shares in the company, 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. 15.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Allegiant Travel

Several hedge funds have recently added to or reduced their stakes in 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 acquiring an additional 8,491 shares during the period. International Assets Investment Management LLC bought a new position in shares of Allegiant Travel during the 3rd quarter valued at about $63,540,000. Charles Schwab Investment Management Inc. grew its position in shares of Allegiant Travel by 41.5% in the 3rd 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 during the period. Hauser Brothers GmbH increased its stake in Allegiant Travel by 73.0% during the 3rd quarter. Hauser Brothers GmbH now owns 23,700 shares of the transportation company’s stock worth $1,305,000 after purchasing an additional 10,000 shares in the last quarter. Finally, State Street Corp raised its holdings in Allegiant Travel by 1.7% during the 3rd quarter. State Street Corp now owns 608,977 shares of the transportation company’s stock worth $33,530,000 after buying an additional 10,050 shares during the period. Institutional investors and hedge funds 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.