Seaport Res Ptn Issues Optimistic Forecast for ALGT Earnings

Allegiant Travel (NASDAQ:ALGT - Free Report) - Investment analysts at Seaport Res Ptn upped their Q3 2025 EPS estimates for Allegiant Travel in a note issued to investors on Wednesday, February 5th. Seaport Res Ptn analyst D. Mckenzie now expects that the transportation company will earn $0.00 per share for the quarter, up from their prior forecast of ($0.30). The consensus estimate for Allegiant Travel's current full-year earnings is $7.15 per share. Seaport Res Ptn also issued estimates for Allegiant Travel's Q4 2025 earnings at $2.95 EPS and FY2025 earnings at $8.75 EPS.

Several other analysts have also recently weighed in on the stock. Raymond James increased their price target on shares of Allegiant Travel from $75.00 to $110.00 and gave the company an "outperform" rating in a research note on Monday, December 30th. TD Cowen increased their price objective on Allegiant Travel from $50.00 to $70.00 and gave the stock a "hold" rating in a research report on Tuesday, December 17th. StockNews.com upgraded Allegiant Travel from a "sell" rating to a "hold" rating in a research report on Wednesday, January 15th. Susquehanna upped their price target on Allegiant Travel from $60.00 to $105.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group raised their price objective on Allegiant Travel from $83.00 to $92.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 14th. 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $80.10.

Allegiant Travel Trading Down 3.9 %

NASDAQ:ALGT traded down $3.27 during trading hours on Monday, hitting $81.55. The company had a trading volume of 339,223 shares, compared to its average volume of 353,259. The company has a 50-day moving average of $93.48 and a 200 day moving average of $69.09. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. The company has a market cap of $1.50 billion, a P/E ratio of -6.10, a P/E/G ratio of 1.03 and a beta of 1.63. Allegiant Travel has a 1 year low of $36.08 and a 1 year high of $107.57.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last released its earnings results 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 negative net margin of 9.56% and a positive return on equity of 3.33%.

Institutional Investors Weigh In On Allegiant Travel

Institutional investors and hedge funds have recently bought and sold shares of the stock. Crews Bank & Trust acquired a new stake in shares of Allegiant Travel during the fourth quarter worth about $25,000. Signaturefd LLC lifted its stake in Allegiant Travel by 149.2% in the third quarter. Signaturefd LLC now owns 456 shares of the transportation company's stock valued at $25,000 after buying an additional 273 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Allegiant Travel by 94.5% during the fourth quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company's stock worth $43,000 after acquiring an additional 223 shares during the last quarter. Sterling Capital Management LLC raised its position in Allegiant Travel by 803.6% in the 4th quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company's stock valued at $47,000 after purchasing an additional 442 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Allegiant Travel by 136.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company's stock worth $29,000 after purchasing an additional 304 shares during the period. 85.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Allegiant Travel

In other news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the company's stock in a transaction dated 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 completion of the transaction, the chairman now directly owns 2,147,730 shares of the company's stock, valued at approximately $181,397,275.80. This represents a 1.30 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sandra Douglass Morgan sold 350 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $80.77, for a total value of $28,269.50. Following the completion of the transaction, the director now directly owns 11,650 shares of the company's stock, valued at $940,970.50. This trade represents a 2.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 15.80% of the stock is currently owned by company insiders.

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.