Equities Analysts Offer Predictions for ALGT FY2025 Earnings

Allegiant Travel (NASDAQ:ALGT - Free Report) - Equities research analysts at Zacks Research lowered their FY2025 earnings estimates for shares of Allegiant Travel in a research report issued to clients and investors on Thursday, April 24th. Zacks Research analyst R. Department now forecasts that the transportation company will earn $6.90 per share for the year, down from their previous forecast of $6.98. 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 $2.28 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.32 EPS, Q3 2026 earnings at $2.27 EPS, Q4 2026 earnings at $3.07 EPS, FY2026 earnings at $8.26 EPS and Q1 2027 earnings at $2.24 EPS.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $1.62. Allegiant Travel had a negative net margin of 9.56% and a positive return on equity of 3.33%.

Other analysts also recently issued research reports about the stock. UBS Group cut their price objective on shares of Allegiant Travel from $61.00 to $45.00 and set a "neutral" rating for the company in a report on Monday, April 7th. StockNews.com upgraded shares of Allegiant Travel from a "sell" rating to a "hold" rating in a report on Wednesday, January 15th. Raymond James upgraded shares of Allegiant Travel from an "outperform" rating to a "strong-buy" rating and cut their price objective for the company from $125.00 to $90.00 in a report on Wednesday, April 2nd. The Goldman Sachs Group lifted their price target on shares of Allegiant Travel from $83.00 to $92.00 and gave the company a "neutral" rating in a research report on Tuesday, January 14th. Finally, Bank of America lowered their price objective on Allegiant Travel from $95.00 to $50.00 and set an "underperform" rating for the company in a research report on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Allegiant Travel currently has an average rating of "Hold" and an average price target of $67.00.

Allegiant Travel Price Performance

ALGT stock traded down $0.88 during mid-day trading on Friday, reaching $45.70. The company's stock had a trading volume of 168,718 shares, compared to its average volume of 424,163. The stock has a market cap of $838.05 million, a PE ratio of -3.42 and a beta of 1.57. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. Allegiant Travel has a fifty-two week low of $36.09 and a fifty-two week high of $107.57. The company's 50 day moving average is $54.41 and its two-hundred day moving average is $73.55.

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors have recently modified their holdings of the company. Donald Smith & CO. Inc. grew its stake in shares of Allegiant Travel by 2.5% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,018,449 shares of the transportation company's stock valued at $95,856,000 after buying an additional 24,975 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of Allegiant Travel by 16.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 928,641 shares of the transportation company's stock valued at $87,404,000 after buying an additional 131,561 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Allegiant Travel by 8.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 748,216 shares of the transportation company's stock valued at $70,421,000 after buying an additional 57,737 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Allegiant Travel by 2.5% in the third quarter. Franklin Resources Inc. now owns 600,211 shares of the transportation company's stock valued at $34,584,000 after buying an additional 14,852 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Allegiant Travel by 14.8% in the fourth quarter. American Century Companies Inc. now owns 564,326 shares of the transportation company's stock valued at $53,114,000 after buying an additional 72,759 shares in the last quarter. 85.81% of the stock is owned by institutional investors and hedge funds.

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.