Allegiant Travel (NASDAQ:ALGT - Free Report) - Equities researchers at Zacks Research lowered their Q1 2025 EPS estimates for Allegiant Travel in a report issued on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the transportation company will earn $1.50 per share for the quarter, down from their prior estimate of $1.82. 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 Q2 2025 earnings at $2.97 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $2.49 EPS, FY2025 earnings at $6.98 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.69 EPS, Q3 2026 earnings at $2.66 EPS, Q4 2026 earnings at $3.14 EPS, FY2026 earnings at $9.56 EPS and FY2027 earnings at $11.78 EPS.
Allegiant Travel (NASDAQ:ALGT - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, topping 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%.
Several other research firms have also weighed in on ALGT. The Goldman Sachs Group upped their price objective on shares of Allegiant Travel from $83.00 to $92.00 and gave the company a "neutral" rating in a research note on Tuesday, January 14th. Morgan Stanley raised their price objective on shares of Allegiant Travel from $90.00 to $95.00 and gave the company an "equal weight" rating in a research report on Thursday, February 6th. UBS Group decreased their target price 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. TD Cowen increased their target price on shares of Allegiant Travel from $50.00 to $70.00 and gave the stock a "hold" rating in a research report on Tuesday, December 17th. Finally, Raymond James boosted their price target on Allegiant Travel from $75.00 to $110.00 and gave the stock an "outperform" rating in a research report 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 issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $84.60.
Get Our Latest Stock Report on Allegiant Travel
Allegiant Travel Stock Down 1.8 %
NASDAQ:ALGT traded down $1.02 during trading hours on Monday, hitting $54.90. 342,896 shares of the company's stock traded hands, compared to its average volume of 400,625. The stock's fifty day moving average price is $79.28 and its two-hundred day moving average price is $74.12. The firm has a market cap of $1.01 billion, a P/E ratio of -4.11 and a beta of 1.64. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.72 and a current ratio of 0.75. Allegiant Travel has a twelve month low of $36.09 and a twelve month high of $107.57.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of ALGT. Signaturefd LLC grew 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 worth $56,000 after acquiring an additional 138 shares during the last quarter. SeaCrest Wealth Management LLC grew 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 worth $584,000 after purchasing an additional 200 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Allegiant Travel by 94.5% during the 4th quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company's stock worth $43,000 after purchasing an additional 223 shares during the period. GAMMA Investing LLC lifted its stake in shares of Allegiant Travel by 53.5% in the fourth quarter. GAMMA Investing LLC now owns 677 shares of the transportation company's stock valued at $64,000 after buying an additional 236 shares during the period. Finally, Crews Bank & Trust bought a new stake in shares of Allegiant Travel in the fourth quarter valued at about $25,000. 85.81% of the stock is currently owned by institutional investors and hedge funds.
Allegiant Travel Company Profile
(
Get Free Report)
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.
Read More
Before you consider Allegiant Travel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allegiant Travel wasn't on the list.
While Allegiant Travel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
