Zacks Research Expects Weaker Earnings for Allegiant Travel

Key Points

• Zacks Research has revised its Q3 2025 earnings estimates for Allegiant Travel, predicting a loss of ($1.96) per share, down from a previous forecast of ($1.41).
• Several analysts have lowered their price targets on Allegiant Travel, with Barclays and UBS both decreasing their targets to $52.00.
• Currently, Allegiant Travel's stock has a consensus rating of "Hold" with an average target price of $64.33.

Allegiant Travel Company (NASDAQ:ALGT - Free Report) - Equities research analysts at Zacks Research lowered their Q3 2025 EPS estimates for Allegiant Travel in a report released on Monday, August 18th. Zacks Research analyst Team now anticipates that the transportation company will earn ($1.96) per share for the quarter, down from their previous forecast of ($1.41). 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 Q4 2025 earnings at $1.37 EPS, FY2025 earnings at $2.46 EPS, Q2 2026 earnings at $1.52 EPS, Q3 2026 earnings at $1.11 EPS, Q4 2026 earnings at $1.26 EPS and Q1 2027 earnings at $0.67 EPS.

Several other research firms have also commented on ALGT. Susquehanna reiterated a "neutral" rating and issued a $50.00 price objective (up from $45.00) on shares of Allegiant Travel in a research report on Tuesday, August 5th. Morgan Stanley reduced their target price 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. Evercore ISI upgraded shares of Allegiant Travel from an "in-line" rating to an "outperform" rating and set a $75.00 target price on the stock in a report on Tuesday, July 1st. Bank of America dropped their price objective on shares of Allegiant Travel from $50.00 to $45.00 and set an "underperform" rating for the company in a research note on Tuesday, July 8th. Finally, TD Cowen boosted their price objective on shares of Allegiant Travel from $35.00 to $50.00 and gave the company a "hold" rating in a research note on Monday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $64.33.

Allegiant Travel Stock Performance

NASDAQ:ALGT traded down $1.10 during midday trading on Wednesday, reaching $59.50. The stock had a trading volume of 112,661 shares, compared to its average volume of 446,635. The company has a quick ratio of 1.07, a current ratio of 1.10 and a debt-to-equity ratio of 1.68. The stock has a market cap of $1.09 billion, a P/E ratio of -3.73, a P/E/G ratio of 0.55 and a beta of 1.72. Allegiant Travel has a 12-month low of $39.10 and a 12-month high of $107.57. The firm has a fifty day simple moving average of $53.84 and a two-hundred day simple moving average of $56.35.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The transportation company reported $1.23 EPS for the quarter, beating the consensus estimate of $0.83 by $0.40. The company had revenue of $689.40 million for the quarter, compared to analyst estimates 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 was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $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

A number of hedge funds have recently added to or reduced their stakes in the stock. State of Wyoming bought a new stake in Allegiant Travel in the second quarter valued at $159,000. Nomura Holdings Inc. acquired a new position in Allegiant Travel during the second quarter worth about $663,000. Apollo Management Holdings L.P. acquired a new position in Allegiant Travel during the second quarter worth about $6,124,000. Caxton Associates LLP grew its holdings in Allegiant Travel by 54.7% during the second quarter. Caxton Associates LLP now owns 36,488 shares of the transportation company's stock worth $2,005,000 after acquiring an additional 12,898 shares during the period. Finally, Public Sector Pension Investment Board grew its holdings in Allegiant Travel by 6.9% during the second quarter. Public Sector Pension Investment Board now owns 49,342 shares of the transportation company's stock worth $2,711,000 after acquiring an additional 3,205 shares during the period. 85.81% of the stock is currently owned by institutional investors.

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.