Seaport Res Ptn Issues Positive Forecast 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) - Research analysts at Seaport Res Ptn lifted their Q3 2025 earnings per share (EPS) estimates for Allegiant Travel in a report released 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 prior estimate 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.

Other analysts also recently issued reports about the company. TD Cowen boosted their target price on Allegiant Travel from $35.00 to $50.00 and gave the stock a "hold" rating in a research report on Monday, May 12th. Susquehanna reissued a "neutral" rating and issued a $50.00 price target (up from $45.00) on shares of Allegiant Travel in a report on Tuesday, August 5th. Barclays cut their price target on Allegiant Travel from $60.00 to $52.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. Raymond James Financial reissued a "strong-buy" rating and issued a $80.00 price target (down from $90.00) on shares of Allegiant Travel in a report on Wednesday, May 7th. Finally, Evercore ISI raised Allegiant Travel from an "in-line" rating to an "outperform" rating and set a $75.00 price target for the company in a report on Tuesday, July 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Allegiant Travel has an average rating of "Hold" and an average target price of $64.33.

Allegiant Travel Price Performance

ALGT traded up $7.13 during trading on Friday, reaching $56.17. 475,456 shares of the stock were exchanged, compared to its average volume of 446,104. The business's 50 day moving average price is $53.38 and its two-hundred day moving average price is $58.89. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.10 and a quick ratio of 1.07. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of -3.52, a P/E/G ratio of 0.45 and a beta of 1.72. Allegiant Travel has a 1 year low of $36.31 and a 1 year high of $107.57.

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

Hedge Funds Weigh In On Allegiant Travel

Institutional investors have recently added to or reduced their stakes in the business. New York State Common Retirement Fund increased its stake in Allegiant Travel by 8.5% in the first quarter. New York State Common Retirement Fund now owns 6,003 shares of the transportation company's stock valued at $310,000 after purchasing an additional 470 shares during the last quarter. New York State Teachers Retirement System grew its position in Allegiant Travel by 8.2% during the first quarter. New York State Teachers Retirement System now owns 18,922 shares of the transportation company's stock valued at $977,000 after acquiring an additional 1,426 shares during the period. SG Americas Securities LLC acquired a new stake in Allegiant Travel during the first quarter worth about $597,000. Illinois Municipal Retirement Fund increased its stake in Allegiant Travel by 33.8% during the first quarter. Illinois Municipal Retirement Fund now owns 9,826 shares of the transportation company's stock worth $508,000 after acquiring an additional 2,480 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Allegiant Travel by 1,486.7% during the fourth quarter. Russell Investments Group Ltd. now owns 1,904 shares of the transportation company's stock worth $179,000 after acquiring an additional 1,784 shares during the last quarter. 85.81% of the stock is currently owned by institutional investors and hedge funds.

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.