Seaport Res Ptn Issues Pessimistic Outlook for ALGT Earnings

Key Points

• Seaport Res Ptn has revised down its Q4 2025 earnings estimate for Allegiant Travel to $1.20 per share from $1.40, amidst a pessimistic outlook for the company.
• Other brokerages have issued mixed ratings, with Susquehanna upgrading its price target for the stock from $50 to $65, while Weiss Ratings maintained a “sell” rating.
• Allegiant Travel's current stock price is $62.79, with a consensus rating of "Hold" and average price target of $70.56, indicating cautious investor sentiment.

Allegiant Travel Company (NASDAQ:ALGT - Free Report) - Equities research analysts at Seaport Res Ptn dropped their Q4 2025 earnings estimates for Allegiant Travel in a report issued on Friday, October 3rd. Seaport Res Ptn analyst D. Mckenzie now anticipates that the transportation company will earn $1.20 per share for the quarter, down from their prior estimate of $1.40. The consensus estimate for Allegiant Travel's current full-year earnings is $7.70 per share.

A number of other brokerages have also recently issued reports on ALGT. Susquehanna increased their price objective on shares of Allegiant Travel from $50.00 to $65.00 and gave the stock a "neutral" rating in a research note on Friday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Allegiant Travel in a report on Saturday, September 27th. Morgan Stanley decreased their price target on Allegiant Travel from $85.00 to $83.00 and set an "equal weight" rating on the stock in a report on Monday, July 7th. Barclays boosted their price objective on Allegiant Travel from $52.00 to $60.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 1st. Finally, Zacks Research upgraded Allegiant Travel from a "strong sell" rating to a "hold" rating in a research report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Allegiant Travel has a consensus rating of "Hold" and an average price target of $70.56.

Allegiant Travel Trading Up 4.8%

Allegiant Travel stock opened at $62.79 on Monday. Allegiant Travel has a 12-month low of $39.80 and a 12-month high of $107.57. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of -3.94, a P/E/G ratio of 0.52 and a beta of 1.71. The firm has a 50 day moving average of $58.80 and a 200 day moving average of $54.50. The company has a current ratio of 1.10, a quick ratio of 1.07 and a debt-to-equity ratio of 1.68.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The transportation company reported $1.23 EPS for the quarter, topping the consensus estimate of $0.83 by $0.40. The firm 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%.The business's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.75 earnings per share. Allegiant Travel has set its FY 2015 guidance at 2.250- EPS. Q3 2025 guidance at -2.750--1.750 EPS.

Institutional Investors Weigh In On Allegiant Travel

Several institutional investors have recently made changes to their positions in ALGT. Donald Smith & CO. Inc. boosted its stake in shares of Allegiant Travel by 11.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 1,506,633 shares of the transportation company's stock worth $82,789,000 after purchasing an additional 156,186 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in Allegiant Travel by 5.8% in the first quarter. T. Rowe Price Investment Management Inc. now owns 982,962 shares of the transportation company's stock worth $50,770,000 after purchasing an additional 54,321 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Allegiant Travel by 2.8% during the second quarter. American Century Companies Inc. now owns 651,117 shares of the transportation company's stock valued at $35,779,000 after buying an additional 17,509 shares during the period. Par Capital Management Inc. grew its stake in shares of Allegiant Travel by 11.1% during the second quarter. Par Capital Management Inc. now owns 584,996 shares of the transportation company's stock valued at $32,146,000 after buying an additional 58,566 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Allegiant Travel by 1.0% during the second quarter. Franklin Resources Inc. now owns 475,927 shares of the transportation company's stock valued at $26,152,000 after buying an additional 4,595 shares during the last quarter. Institutional investors 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.

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