What is Zacks Research’s Forecast for ALGT FY2025 Earnings?

Allegiant Travel (NASDAQ:ALGT) – Equities researchers at Zacks Research reduced their FY2025 EPS estimates for shares of Allegiant Travel in a research note issued on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the transportation company will earn $7.03 per share for the year, down from their prior forecast of $7.31. 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 Q4 2025 earnings at $2.12 EPS and Q4 2026 earnings at $3.33 EPS.

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 analysts’ consensus estimates 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%.

ALGT has been the subject of a number of other research reports. Barclays increased their target price on shares of Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Bank of America upped 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. Raymond James upped 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. StockNews.com raised shares of Allegiant Travel from a “sell” rating to a “hold” rating in a report on Wednesday, January 15th. Finally, The Goldman Sachs Group upped 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. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $84.60.

Allegiant Travel Stock Performance

Shares of ALGT opened at $54.96 on Friday. The firm has a 50-day moving average price of $81.94 and a 200 day moving average price of $73.80. The firm has a market capitalization 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 has a 52-week low of $36.09 and a 52-week high of $107.57.

Institutional Trading of Allegiant Travel

A number of hedge funds have recently bought and sold shares of ALGT. Crews Bank & Trust purchased a new stake in Allegiant Travel during the fourth quarter valued at about $25,000. Jones Financial Companies Lllp lifted its position in shares of Allegiant Travel by 94.5% in the fourth quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company’s stock worth $43,000 after purchasing an additional 223 shares in the last quarter. Sterling Capital Management LLC lifted its position in shares of Allegiant Travel by 803.6% in the fourth quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company’s stock worth $47,000 after purchasing an additional 442 shares in the last quarter. Signaturefd LLC lifted its position in shares of Allegiant Travel by 30.3% in the fourth quarter. Signaturefd LLC now owns 594 shares of the transportation company’s stock worth $56,000 after purchasing an additional 138 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Allegiant Travel by 53.5% in the fourth quarter. GAMMA Investing LLC now owns 677 shares of the transportation company’s stock worth $64,000 after purchasing an additional 236 shares in the last quarter. 85.81% of the stock is owned by hedge funds and other institutional investors.

Allegiant Travel Company Profile

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.