FY2025 EPS Forecast for Allegiant Travel Reduced by Analyst

Allegiant Travel (NASDAQ:ALGT) – Analysts at Zacks Research lowered their FY2025 earnings per share (EPS) estimates for shares of Allegiant Travel in a note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the transportation company will earn $7.03 per share for the year, down from their previous estimate of $7.31. 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 Q4 2025 earnings at $2.12 EPS and Q4 2026 earnings at $3.33 EPS.

Several other equities research analysts have also recently commented on the company. Raymond James increased their price target on Allegiant Travel from $75.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, December 30th. UBS Group cut their target price on Allegiant Travel from $93.00 to $61.00 and set a “neutral” rating for the company in a research note on Thursday. The Goldman Sachs Group boosted their price target on shares of Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Morgan Stanley raised their price objective 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. Finally, TD Cowen boosted their target price on shares of Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $84.60.

Allegiant Travel Stock Down 5.3 %

ALGT stock opened at $53.03 on Friday. The company has a market cap of $972.46 million, a price-to-earnings ratio of -3.97 and a beta of 1.64. The firm has a 50-day moving average of $82.86 and a two-hundred day moving average of $73.49. Allegiant Travel has a 12 month low of $36.09 and a 12 month high of $107.57. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36.

Allegiant Travel (NASDAQ:ALGT) last issued its earnings results on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, beating 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 Trading of Allegiant Travel

Several hedge funds have recently made changes to their positions in ALGT. Crews Bank & Trust purchased a new stake in Allegiant Travel during the 4th quarter worth approximately $25,000. Jones Financial Companies Lllp grew its stake in shares of Allegiant Travel by 94.5% in 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 in the last quarter. Sterling Capital Management LLC increased its position in shares of Allegiant Travel by 803.6% during the fourth quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company’s stock worth $47,000 after acquiring an additional 442 shares during the period. Signaturefd LLC raised 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 valued at $56,000 after acquiring an additional 138 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in 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 purchasing an additional 236 shares during the period. Institutional investors and hedge funds own 85.81% of the company’s stock.

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.