Q3 EPS Estimate for Allegiant Travel Decreased by Analyst

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) - Zacks Research dropped their Q3 2025 earnings estimates for Allegiant Travel in a report released on Monday, August 18th. Zacks Research analyst Team now expects that the transportation company will earn ($1.96) per share for the quarter, down from their previous estimate 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.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $689.40 million during the quarter, compared to the consensus estimate of $685.58 million. Allegiant Travel had a negative net margin of 11.10% and a positive return on equity of 5.00%. The company's quarterly revenue was up 3.5% compared to the same quarter last year. 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.

Other equities analysts have also recently issued research reports about the stock. Raymond James Financial reiterated a "strong-buy" rating and set a $80.00 price target (down previously from $90.00) on shares of Allegiant Travel in a research report on Wednesday, May 7th. Morgan Stanley cut their price objective 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 price objective on the stock in a report on Tuesday, July 1st. UBS Group cut their price objective on shares of Allegiant Travel from $59.00 to $52.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Finally, Barclays cut their price objective on shares of Allegiant Travel from $60.00 to $52.00 and set an "equal weight" rating on the stock in a report on Thursday, May 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $64.33.

Allegiant Travel Trading Up 8.4%

Shares of NASDAQ ALGT traded up $4.70 during midday trading on Wednesday, hitting $60.60. 438,391 shares of the company traded hands, compared to its average volume of 516,512. Allegiant Travel has a 12-month low of $39.10 and a 12-month high of $107.57. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.07 and a current ratio of 1.10. The stock has a 50-day moving average price of $53.84 and a 200 day moving average price of $56.58. The firm has a market cap of $1.11 billion, a P/E ratio of -3.80, a P/E/G ratio of 0.55 and a beta of 1.72.

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors have recently made changes to their positions in the company. Donald Smith & CO. Inc. grew its holdings in shares of Allegiant Travel by 11.6% during the second quarter. Donald Smith & CO. Inc. now owns 1,506,633 shares of the transportation company's stock valued at $82,789,000 after buying an additional 156,186 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings 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. Dimensional Fund Advisors LP boosted its holdings in Allegiant Travel by 8.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 748,216 shares of the transportation company's stock worth $70,421,000 after purchasing an additional 57,737 shares during the last quarter. American Century Companies Inc. boosted its holdings in Allegiant Travel by 2.8% in the second quarter. American Century Companies Inc. now owns 651,117 shares of the transportation company's stock worth $35,779,000 after purchasing an additional 17,509 shares during the last quarter. Finally, Par Capital Management Inc. boosted its holdings in Allegiant Travel by 11.1% in the second quarter. Par Capital Management Inc. now owns 584,996 shares of the transportation company's stock worth $32,146,000 after purchasing an additional 58,566 shares during the last quarter. Hedge funds and other 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.