Seaport Res Ptn Issues Positive Outlook for ALGT Earnings

Key Points

• Seaport Res Ptn has raised its Q3 2025 EPS estimate for Allegiant Travel to ($2.10), improving from the previous estimate of ($2.50), while the full-year consensus estimate is set at $7.70 per share.
• Allegiant Travel’s stock currently has an average rating of "Hold" from analysts, with the average price target noted at $64.33.
• Recent earnings results showed Allegiant Travel reporting $1.23 EPS for the last quarter, exceeding expectations and showing a revenue increase of 3.5% year-over-year.

Allegiant Travel Company (NASDAQ:ALGT - Free Report) - Seaport Res Ptn upped their Q3 2025 EPS estimates for Allegiant Travel in a report issued on Wednesday, August 6th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will post earnings of ($2.10) per share for the quarter, up from their previous forecast of ($2.50). The consensus estimate for Allegiant Travel's current full-year earnings is $7.70 per share. Seaport Res Ptn also issued estimates for Allegiant Travel's Q4 2025 earnings at $1.40 EPS and FY2025 earnings at $2.40 EPS.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The transportation company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.40. The business had revenue of $689.40 million for the quarter, compared to analysts' expectations of $685.58 million. Allegiant Travel had a negative net margin of 11.10% and a positive return on equity of 5.00%. The firm's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 earnings per share.

ALGT has been the topic of several other research reports. Bank of America cut their price target on shares of Allegiant Travel from $50.00 to $45.00 and set an "underperform" rating on the stock in a report on Tuesday, July 8th. Evercore ISI upgraded shares of Allegiant Travel from an "in-line" rating to an "outperform" rating and set a $75.00 price target on the stock in a report on Tuesday, July 1st. Morgan Stanley cut their price target on shares of Allegiant Travel from $85.00 to $83.00 and set an "equal weight" rating on the stock in a report on Monday, July 7th. Susquehanna restated a "neutral" rating and set a $50.00 target price (up previously from $45.00) on shares of Allegiant Travel in a report on Tuesday. Finally, UBS Group dropped their target price on shares of Allegiant Travel from $59.00 to $52.00 and set a "neutral" rating on the stock in a report on Wednesday. One research analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $64.33.

Allegiant Travel Trading Down 1.1%

NASDAQ:ALGT traded down $0.54 during trading hours on Friday, hitting $48.94. The company had a trading volume of 436,347 shares, compared to its average volume of 460,591. The company has a market capitalization of $898.05 million, a PE ratio of -3.07, a price-to-earnings-growth ratio of 0.45 and a beta of 1.72. The stock has a 50-day moving average price of $53.50 and a 200 day moving average price of $59.56. Allegiant Travel has a 52 week low of $36.08 and a 52 week high of $107.57. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.10 and a quick ratio of 0.87.

Hedge Funds Weigh In On Allegiant Travel

A number of hedge funds have recently bought and sold shares of ALGT. KLP Kapitalforvaltning AS bought a new position in Allegiant Travel in the 4th quarter worth about $75,000. LPL Financial LLC raised its position in Allegiant Travel by 61.2% in the 4th quarter. LPL Financial LLC now owns 16,548 shares of the transportation company's stock worth $1,558,000 after buying an additional 6,281 shares during the last quarter. Wells Fargo & Company MN raised its position in Allegiant Travel by 22.6% in the 4th quarter. Wells Fargo & Company MN now owns 11,184 shares of the transportation company's stock worth $1,053,000 after buying an additional 2,059 shares during the last quarter. Russell Investments Group Ltd. raised its position in Allegiant Travel by 1,486.7% in the 4th quarter. Russell Investments Group Ltd. now owns 1,904 shares of the transportation company's stock worth $179,000 after buying an additional 1,784 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in Allegiant Travel in the 4th quarter worth about $213,000. 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.