Allegiant Travel (NASDAQ:ALGT) Updates Q1 2025 Earnings Guidance

Allegiant Travel (NASDAQ:ALGT) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.500-1.500 for the period, compared to the consensus earnings per share estimate of 1.780. The company issued revenue guidance of -.

Allegiant Travel Trading Up 1.4 %

NASDAQ:ALGT opened at $55.92 on Thursday. The stock has a fifty day simple moving average of $79.28 and a 200 day simple moving average of $74.12. 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 capitalization of $1.03 billion, a price-to-earnings ratio of -4.18 and a beta of 1.64. Allegiant Travel has a 1-year low of $36.09 and a 1-year high of $107.57.

Allegiant Travel (NASDAQ:ALGT) last released its earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share for the quarter, topping 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%. Sell-side analysts forecast that Allegiant Travel will post 7.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ALGT shares. StockNews.com upgraded shares of Allegiant Travel from a “sell” rating to a “hold” rating in a research report on Wednesday, January 15th. Bank of America increased their price objective on Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a report on Friday, January 17th. Morgan Stanley upped 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. Raymond James raised their price target on shares of Allegiant Travel from $75.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, December 30th. Finally, 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. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $84.60.

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.