Allegiant Travel (ALGT) Set to Announce Quarterly Earnings on Wednesday

Allegiant Travel (NASDAQ:ALGT) will likely be announcing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Allegiant Travel to announce earnings of ($0.4554) per share and revenue of $946.44 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 4:30 PM ET.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings results on Tuesday, August 4th. The transportation company reported $2.19 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.92. Allegiant Travel had a net margin of 0.90% and a return on equity of 10.83%. The company had revenue of $943.49 million during the quarter, compared to the consensus estimate of $982.70 million. During the same quarter last year, the firm earned $1.23 earnings per share. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. On average, analysts expect Allegiant Travel to post $5.59 EPS for the current fiscal year and $10.42 EPS for the next fiscal year.

Allegiant Travel Price Performance

Shares of NASDAQ ALGT opened at $76.58 on Tuesday. Allegiant Travel has a twelve month low of $57.11 and a twelve month high of $123.63. The firm has a market cap of $2.09 billion, a P/E ratio of 54.31, a PEG ratio of 0.25 and a beta of 1.55. The company has a 50 day moving average of $75.44 and a 200 day moving average of $87.61. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 1.38.

Analyst Upgrades and Downgrades

Several analysts have commented on ALGT shares. Barclays cut their target price on Allegiant Travel from $145.00 to $115.00 and set an “overweight” rating on the stock in a research note on Friday, September 11th. Wall Street Zen downgraded Allegiant Travel from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. UBS Group raised Allegiant Travel from a “neutral” rating to a “buy” rating and lowered their price target for the company from $111.00 to $107.00 in a report on Sunday, September 13th. Melius Research raised Allegiant Travel from a “hold” rating to a “buy” rating and set a $160.00 price objective on the stock in a research report on Tuesday, July 7th. Finally, Morgan Stanley lifted their price objective on Allegiant Travel from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $123.38.

About Allegiant Travel

Allegiant Travel Company is a leisure-focused travel company headquartered in Las Vegas, Nevada. Its principal operating subsidiary, Allegiant Air, is a low-cost airline that provides scheduled and charter passenger service, primarily connecting smaller and mid-sized U.S. cities with popular vacation destinations.

Allegiant Air’s business model emphasizes nonstop routes, low base fares and optional services such as seat selection, baggage, priority boarding and other travel-related amenities.