Equities Analysts Offer Predictions for ALGT Q2 Earnings

Allegiant Travel (NASDAQ:ALGT - Free Report) - Research analysts at Seaport Res Ptn decreased their Q2 2025 earnings per share estimates for shares of Allegiant Travel in a research note issued on Thursday, October 31st. Seaport Res Ptn analyst D. Mckenzie now forecasts that the transportation company will earn $3.50 per share for the quarter, down from their previous estimate of $3.55. The consensus estimate for Allegiant Travel's current full-year earnings is $1.27 per share. Seaport Res Ptn also issued estimates for Allegiant Travel's Q4 2025 earnings at $1.90 EPS.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported ($2.02) EPS for the quarter, missing analysts' consensus estimates of ($1.85) by ($0.17). The firm had revenue of $562.20 million during the quarter, compared to the consensus estimate of $561.24 million. Allegiant Travel had a negative net margin of 1.04% and a positive return on equity of 0.63%.

ALGT has been the topic of a number of other research reports. Morgan Stanley dropped their price target on Allegiant Travel from $95.00 to $87.00 and set an "equal weight" rating on the stock in a research note on Monday, July 8th. Susquehanna lifted their target price on shares of Allegiant Travel from $40.00 to $55.00 and gave the stock a "neutral" rating in a report on Wednesday, October 9th. Deutsche Bank Aktiengesellschaft cut shares of Allegiant Travel from a "buy" rating to a "hold" rating and lowered their price target for the company from $75.00 to $53.00 in a report on Monday, July 8th. TD Cowen boosted their price objective on Allegiant Travel from $42.00 to $50.00 and gave the stock a "hold" rating in a report on Friday. Finally, Barclays lowered their target price on Allegiant Travel from $55.00 to $45.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 10th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Allegiant Travel presently has an average rating of "Hold" and a consensus target price of $64.13.

Allegiant Travel Stock Performance

NASDAQ:ALGT traded down $2.00 on Friday, hitting $63.01. The company's stock had a trading volume of 644,402 shares, compared to its average volume of 367,845. The company has a current ratio of 0.74, a quick ratio of 0.71 and a debt-to-equity ratio of 1.30. Allegiant Travel has a one year low of $36.08 and a one year high of $85.91. The stock has a fifty day moving average of $51.72 and a two-hundred day moving average of $50.96. The firm has a market capitalization of $1.15 billion, a P/E ratio of -42.01, a price-to-earnings-growth ratio of 4.11 and a beta of 1.65.

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors have recently added to or reduced their stakes in ALGT. ProShare Advisors LLC increased its holdings in Allegiant Travel by 6.9% in the first quarter. ProShare Advisors LLC now owns 3,155 shares of the transportation company's stock worth $237,000 after purchasing an additional 203 shares in the last quarter. Signaturefd LLC increased its stake in shares of Allegiant Travel by 149.2% in the 3rd quarter. Signaturefd LLC now owns 456 shares of the transportation company's stock valued at $25,000 after acquiring an additional 273 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Allegiant Travel by 136.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company's stock valued at $29,000 after acquiring an additional 304 shares during the period. Privium Fund Management UK Ltd boosted its stake in Allegiant Travel by 4.5% during the second quarter. Privium Fund Management UK Ltd now owns 10,191 shares of the transportation company's stock worth $504,000 after acquiring an additional 438 shares in the last quarter. Finally, SeaCrest Wealth Management LLC grew its holdings in Allegiant Travel by 8.1% in the third quarter. SeaCrest Wealth Management LLC now owns 6,010 shares of the transportation company's stock worth $331,000 after purchasing an additional 450 shares during the period. 85.81% of the stock is owned by institutional investors.

Insider Activity

In other news, COO Keny Frank Wilper sold 635 shares of the company's stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $62.69, for a total transaction of $39,808.15. Following the completion of the sale, the chief operating officer now owns 16,353 shares of the company's stock, valued at approximately $1,025,169.57. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, COO Keny Frank Wilper sold 635 shares of the firm's stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $62.69, for a total value of $39,808.15. Following the sale, the chief operating officer now directly owns 16,353 shares of the company's stock, valued at $1,025,169.57. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Gary Ellmer sold 1,000 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $45.00, for a total transaction of $45,000.00. Following the completion of the transaction, the director now directly owns 7,490 shares of the company's stock, valued at approximately $337,050. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 2,334 shares of company stock worth $117,158. 15.80% of the stock is currently owned by company insiders.

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.