Allegiant Travel (NASDAQ:ALGT) Releases Q1 2025 Earnings Guidance

Allegiant Travel (NASDAQ:ALGT - Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.500-2.500 for the period, compared to the consensus estimate of 2.160. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ALGT. Barclays boosted their target price on Allegiant Travel from $85.00 to $100.00 and gave the stock an "equal weight" rating in a report on Thursday, January 16th. The Goldman Sachs Group boosted their target price on Allegiant Travel from $83.00 to $92.00 and gave the stock a "neutral" rating in a report on Tuesday, January 14th. Raymond James upped their price objective on Allegiant Travel from $75.00 to $110.00 and gave the company an "outperform" rating in a report on Monday, December 30th. Susquehanna upped their price objective on Allegiant Travel from $60.00 to $105.00 and gave the company a "neutral" rating in a report on Tuesday, January 7th. Finally, Morgan Stanley upped their price objective on Allegiant Travel from $90.00 to $95.00 and gave the company an "equal weight" rating in a report on Thursday. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, Allegiant Travel has an average rating of "Hold" and an average target price of $80.10.

Allegiant Travel Trading Up 1.3 %

NASDAQ ALGT traded up $1.20 on Friday, reaching $90.49. The stock had a trading volume of 348,188 shares, compared to its average volume of 350,249. Allegiant Travel has a 12-month low of $36.08 and a 12-month high of $107.57. The stock has a fifty day moving average price of $93.15 and a two-hundred day moving average price of $68.26. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of -6.77, a P/E/G ratio of 1.03 and a beta of 1.63.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The transportation company reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $1.62. Allegiant Travel had a positive return on equity of 3.33% and a negative net margin of 9.56%. As a group, sell-side analysts forecast that Allegiant Travel will post 7.15 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Sandra Douglass Morgan sold 350 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $80.77, for a total transaction of $28,269.50. Following the completion of the transaction, the director now owns 11,650 shares in the company, valued at approximately $940,970.50. The trade was a 2.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.46, for a total transaction of $2,391,822.74. Following the transaction, the chairman now owns 2,147,730 shares of the company's stock, valued at approximately $181,397,275.80. The trade was a 1.30 % decrease in their position. The disclosure for this sale can be found here. Insiders own 15.80% 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.