Allegiant Travel (ALGT) Expected to Announce Earnings on Monday

Allegiant Travel (NASDAQ:ALGT - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Monday, August 4th. Analysts expect the company to announce earnings of $0.84 per share and revenue of $685.58 million for the quarter. Allegiant Travel has set its Q2 2025 guidance at 0.000-1.000 EPS.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last announced its earnings results on Tuesday, May 6th. The transportation company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.27. Allegiant Travel had a positive return on equity of 5.46% and a negative net margin of 8.11%. The company had revenue of $699.07 million for the quarter, compared to analyst estimates of $700.00 million. During the same period in the prior year, the company posted $0.57 EPS. The firm's quarterly revenue was up 6.5% compared to the same quarter last year. On average, analysts expect Allegiant Travel to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Allegiant Travel Stock Up 0.6%

NASDAQ:ALGT traded up $0.28 during mid-day trading on Friday, hitting $50.63. 405,091 shares of the company's stock traded hands, compared to its average volume of 437,972. The company has a fifty day moving average of $54.51 and a 200 day moving average of $63.75. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.87 and a current ratio of 0.90. The company has a market capitalization of $924.00 million, a P/E ratio of -4.38, a P/E/G ratio of 0.45 and a beta of 1.71. Allegiant Travel has a twelve month low of $36.08 and a twelve month high of $107.57.

Analyst Ratings Changes

Several analysts recently commented on ALGT shares. UBS Group started coverage on Allegiant Travel in a report on Monday, July 7th. They set a "neutral" rating and a $59.00 target price on the stock. Barclays lowered their price target on Allegiant Travel from $60.00 to $52.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. TD Cowen increased their price target on Allegiant Travel from $35.00 to $50.00 and gave the stock a "hold" rating in a research report on Monday, May 12th. Evercore ISI upgraded Allegiant Travel from an "in-line" rating to an "outperform" rating and set a $75.00 price target on the stock in a research report on Tuesday, July 1st. Finally, Susquehanna decreased their target price on Allegiant Travel from $95.00 to $50.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $65.11.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Allegiant Travel stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Allegiant Travel Company (NASDAQ:ALGT - Free Report) by 4.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,202 shares of the transportation company's stock after purchasing an additional 394 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.05% of Allegiant Travel worth $475,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 85.81% of the company's stock.

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.