Zacks Research Issues Pessimistic Estimate for ALGT Earnings

Allegiant Travel (NASDAQ:ALGT) – Investment analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Allegiant Travel in a research note issued on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the transportation company will post earnings of $1.50 per share for the quarter, down from their previous estimate of $1.82. 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 2025 earnings at $2.97 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $2.49 EPS, FY2025 earnings at $6.98 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.69 EPS, Q3 2026 earnings at $2.66 EPS, Q4 2026 earnings at $3.14 EPS, FY2026 earnings at $9.56 EPS and FY2027 earnings at $11.78 EPS.

Allegiant Travel (NASDAQ:ALGT) last issued its quarterly earnings data 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 topic of several other reports. StockNews.com upgraded Allegiant Travel from a “sell” rating to a “hold” rating in a report on Wednesday, January 15th. Susquehanna boosted their price objective on Allegiant Travel from $60.00 to $105.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Raymond James increased their target price on Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th. Barclays lifted their price target on shares of Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, January 16th. Finally, 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 research report on Tuesday, January 14th. One investment 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $84.60.

Allegiant Travel Price Performance

Shares of ALGT stock opened at $54.96 on Monday. 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 12-month low of $36.09 and a 12-month high of $107.57. The firm has a fifty day moving average of $81.94 and a 200-day moving average of $74.04. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -4.11 and a beta of 1.64.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Donald Smith & CO. Inc. lifted its position in Allegiant Travel by 2.5% during the 4th quarter. Donald Smith & CO. Inc. now owns 1,018,449 shares of the transportation company’s stock worth $95,856,000 after buying an additional 24,975 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of Allegiant Travel by 16.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 928,641 shares of the transportation company’s stock valued at $87,404,000 after acquiring an additional 131,561 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Allegiant Travel by 8.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 748,216 shares of the transportation company’s stock valued at $70,421,000 after acquiring an additional 57,737 shares during the last quarter. State Street Corp raised its holdings in Allegiant Travel by 1.7% during the third quarter. State Street Corp now owns 608,977 shares of the transportation company’s stock worth $33,530,000 after acquiring an additional 10,050 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in Allegiant Travel by 2.5% during the third quarter. Franklin Resources Inc. now owns 600,211 shares of the transportation company’s stock valued at $34,584,000 after purchasing an additional 14,852 shares during the last quarter. 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.