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

Allegiant Travel (NASDAQ:ALGT) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.500-2.500 for the period, compared to the consensus EPS estimate of 2.160. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages recently commented on ALGT. TD Cowen increased their price target on Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. The Goldman Sachs Group upped their price objective on Allegiant Travel from $83.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Wolfe Research lowered shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Bank of America lifted their price objective on shares of Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a research report on Friday, January 17th. Finally, Barclays upped their target price on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 16th. 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 company presently has an average rating of “Hold” and an average price target of $79.60.

Allegiant Travel Trading Up 1.3 %

Shares of ALGT stock traded up $1.30 during trading hours on Tuesday, reaching $99.11. 569,206 shares of the stock traded hands, compared to its average volume of 306,250. 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 $1.82 billion, a PE ratio of -66.07, a PEG ratio of 1.36 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 business has a fifty day moving average price of $92.76 and a 200 day moving average price of $67.57.

Allegiant Travel (NASDAQ:ALGT) last posted its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $1.62. Allegiant Travel had a negative net margin of 1.04% and a positive return on equity of 0.63%. On average, equities research analysts forecast that Allegiant Travel will post 2.43 EPS for the current year.

Insider Transactions at Allegiant Travel

In related news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the stock in a transaction that occurred 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 completion of the sale, the chairman now owns 2,147,730 shares in the company, valued at $181,397,275.80. This represents a 1.30 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sandra Douglass Morgan sold 350 shares of Allegiant Travel 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 transaction, the director now directly owns 11,650 shares in the company, valued at approximately $940,970.50. This represents a 2.92 % 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 company insiders.

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.