Allegiant Travel (NASDAQ:ALGT) Updates Q1 2025 Earnings Guidance

Allegiant Travel (NASDAQ:ALGT) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.500-1.500 for the period, compared to the consensus earnings per share estimate of 1.780. The company issued revenue guidance of -.

Allegiant Travel Trading Down 1.8 %

ALGT opened at $54.90 on Friday. Allegiant Travel has a fifty-two week low of $36.09 and a fifty-two week high of $107.57. The company has a market cap of $1.01 billion, a price-to-earnings ratio of -4.11 and a beta of 1.64. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.75 and a quick ratio of 0.72. The firm has a 50 day simple moving average of $78.33 and a 200 day simple moving average of $73.99.

Allegiant Travel (NASDAQ:ALGT) last issued its earnings results 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 negative net margin of 9.56% and a positive return on equity of 3.33%. On average, sell-side analysts anticipate that Allegiant Travel will post 7.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ALGT. Morgan Stanley boosted their target price on Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. Raymond James increased their target price on shares of Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, December 30th. 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 report on Tuesday, January 14th. StockNews.com raised Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Wednesday, January 15th. Finally, UBS Group decreased 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, March 20th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $84.60.

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.