Allegiant Travel (NASDAQ:ALGT - Free Report) - Investment analysts at Zacks Research dropped their FY2025 earnings estimates for shares of Allegiant Travel in a report released on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the transportation company will post earnings of $7.03 per share for the year, down from their previous forecast of $7.31. 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 $2.12 EPS and Q4 2026 earnings at $3.33 EPS.
Allegiant Travel (NASDAQ:ALGT - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share 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%.
A number of other research analysts have also recently commented on ALGT. Susquehanna raised their price target on Allegiant Travel from $60.00 to $105.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 7th. Bank of America boosted their target price on shares of Allegiant Travel from $54.00 to $95.00 and gave the company an "underperform" rating in a research report on Friday, January 17th. Barclays increased their price target on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 16th. UBS Group lowered their price objective on shares of Allegiant Travel from $93.00 to $61.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Finally, Raymond James lifted their price target on Allegiant Travel from $75.00 to $110.00 and gave the company an "outperform" rating in a research note on Monday, December 30th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, Allegiant Travel has a consensus rating of "Hold" and a consensus target price of $84.60.
Check Out Our Latest Report on Allegiant Travel
Allegiant Travel Price Performance
NASDAQ ALGT traded down $1.09 during midday trading on Friday, hitting $55.14. The company had a trading volume of 352,784 shares, compared to its average volume of 400,388. The firm has a 50-day moving average price of $80.20 and a 200-day moving average price of $74.25. The company has a market capitalization of $1.01 billion, a PE ratio of -4.12 and a beta of 1.64. 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 twelve month low of $36.09 and a twelve month high of $107.57.
Hedge Funds Weigh In On Allegiant Travel
Large investors have recently bought and sold shares of the company. Signaturefd LLC increased its stake in shares of Allegiant Travel by 30.3% in the fourth quarter. Signaturefd LLC now owns 594 shares of the transportation company's stock valued at $56,000 after buying an additional 138 shares during the period. SeaCrest Wealth Management LLC increased its position in Allegiant Travel by 3.3% in the 4th quarter. SeaCrest Wealth Management LLC now owns 6,210 shares of the transportation company's stock valued at $584,000 after acquiring an additional 200 shares during the period. Jones Financial Companies Lllp increased its position in Allegiant Travel by 94.5% in the 4th quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company's stock valued at $43,000 after acquiring an additional 223 shares during the period. GAMMA Investing LLC raised its stake in shares of Allegiant Travel by 53.5% during the fourth quarter. GAMMA Investing LLC now owns 677 shares of the transportation company's stock valued at $64,000 after acquiring an additional 236 shares during the last quarter. Finally, Crews Bank & Trust acquired a new position in shares of Allegiant Travel during the fourth quarter worth $25,000. 85.81% of the stock is currently owned by institutional investors.
Allegiant Travel Company Profile
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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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