What is Zacks Research’s Forecast for ALGT Q1 Earnings?

Allegiant Travel (NASDAQ:ALGT) – Equities researchers at Zacks Research decreased their Q1 2025 earnings per share estimates for shares of Allegiant Travel in a research note issued to investors on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the transportation company will post earnings of $1.82 per share for the quarter, down from their previous estimate of $2.32. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.55 per share. Zacks Research also issued estimates for Allegiant Travel’s Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $2.15 EPS, FY2025 earnings at $7.34 EPS, Q1 2026 earnings at $1.83 EPS, Q2 2026 earnings at $1.49 EPS, Q3 2026 earnings at $2.46 EPS, Q4 2026 earnings at $3.68 EPS and FY2026 earnings at $9.46 EPS.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings data on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, beating the consensus estimate of $0.48 by $1.62. Allegiant Travel had a positive return on equity of 3.33% and a negative net margin of 9.56%.

Several other analysts also recently weighed in on ALGT. Wolfe Research downgraded Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. TD Cowen lifted their target price on shares of Allegiant Travel from $50.00 to $70.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Barclays raised their price target on shares of Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Raymond James increased their price objective on shares of Allegiant Travel from $75.00 to $110.00 and gave the company an “outperform” rating in a research report on Monday, December 30th. Finally, Morgan Stanley lifted their target price on shares of Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $80.10.

Allegiant Travel Trading Up 0.5 %

Shares of ALGT opened at $86.17 on Friday. Allegiant Travel has a fifty-two week low of $36.08 and a fifty-two week high of $107.57. The firm’s 50-day simple moving average is $93.57 and its two-hundred day simple moving average is $70.25. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.72 and a current ratio of 0.75.

Insider Transactions at Allegiant Travel

In other news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $84.46, for a total value of $2,391,822.74. Following the transaction, the chairman now owns 2,147,730 shares of the company’s stock, valued at $181,397,275.80. This trade represents a 1.30 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sandra Douglass Morgan sold 350 shares of Allegiant Travel stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $80.77, for a total value of $28,269.50. Following the transaction, the director now directly owns 11,650 shares in the company, valued at approximately $940,970.50. The trade was a 2.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 15.80% of the company’s stock.

Institutional Trading of Allegiant Travel

Hedge funds and other institutional investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new position in shares of Allegiant Travel during the 4th quarter valued at $3,364,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Allegiant Travel during the fourth quarter valued at about $655,000. Voloridge Investment Management LLC bought a new stake in Allegiant Travel during the fourth quarter valued at about $16,713,000. Woodline Partners LP purchased a new position in shares of Allegiant Travel in the fourth quarter valued at about $5,372,000. Finally, ProShare Advisors LLC bought a new position in Allegiant Travel in the 4th quarter worth approximately $438,000. 85.81% of the stock is owned by hedge funds and other institutional investors.

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.