What is Zacks Research’s Estimate for ALGT Q1 Earnings?

Allegiant Travel (NASDAQ:ALGT) – Equities research analysts at Zacks Research decreased their Q1 2026 EPS estimates for Allegiant Travel in a research note issued on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the transportation company will post earnings of $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.

Several other analysts have also recently issued reports on the company. Bank of America increased their target price on Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a research report on Friday, January 17th. Susquehanna increased their price objective on shares of Allegiant Travel from $60.00 to $105.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. The Goldman Sachs Group boosted their target price 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. UBS Group cut their target price on shares of Allegiant Travel from $93.00 to $61.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Raymond James boosted their price target on shares of Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th. 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 company’s stock. According to MarketBeat, Allegiant Travel has an average rating of “Hold” and a consensus target price of $84.60.

Allegiant Travel Price Performance

NASDAQ:ALGT opened at $54.96 on Thursday. The business’s 50-day simple moving average is $81.94 and its two-hundred day simple moving average is $73.58. Allegiant Travel has a 52 week low of $36.09 and a 52 week high of $107.57. The stock has a market cap of $1.01 billion, a PE ratio of -4.11 and a beta of 1.64. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 1.36.

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

Hedge Funds Weigh In On Allegiant Travel

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC lifted its holdings in shares of Allegiant Travel by 5.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 103,508 shares of the transportation company’s stock valued at $5,699,000 after acquiring an additional 5,052 shares during the last quarter. Intech Investment Management LLC purchased a new stake in Allegiant Travel during the third quarter valued at approximately $450,000. Landscape Capital Management L.L.C. bought a new stake in shares of Allegiant Travel in the 3rd quarter valued at approximately $6,193,000. Charles Schwab Investment Management Inc. lifted its stake 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 last quarter. Finally, Algert Global LLC purchased a new position in shares of Allegiant Travel in the 3rd quarter worth approximately $579,000. 85.81% of the stock is owned by hedge funds and other institutional investors.

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.