Allegiant Travel (NASDAQ:ALGT – Free Report) – Equities research analysts at Zacks Research upped their Q2 2025 earnings estimates for shares of Allegiant Travel in a research note issued to investors on Tuesday, February 18th. Zacks Research analyst R. Department now forecasts that the transportation company will earn $3.23 per share for the quarter, up from their previous forecast of $3.03. 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 FY2027 earnings at $11.61 EPS.
ALGT has been the topic of a number of other research reports. Morgan Stanley increased their price target on shares of Allegiant Travel from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. Raymond James increased their price target 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. UBS Group assumed coverage on shares of Allegiant Travel in a report on Tuesday, November 26th. They issued a “neutral” rating and a $16.00 price target on the stock. The Goldman Sachs Group increased their price target on shares of Allegiant Travel from $83.00 to $92.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Finally, TD Cowen increased 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 assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $80.10.
View Our Latest Stock Report on Allegiant Travel
Allegiant Travel Price Performance
Shares of NASDAQ:ALGT opened at $81.64 on Thursday. The company’s fifty day moving average price is $93.51 and its 200-day moving average price is $70.53. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of -6.11 and a beta of 1.63. Allegiant Travel has a one year low of $36.08 and a one year high of $107.57. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.75 and a quick ratio of 0.72.
Allegiant Travel (NASDAQ:ALGT – Get Free Report) last posted its earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, topping 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%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of ALGT. Signaturefd LLC lifted its position in Allegiant Travel by 149.2% during the 3rd quarter. Signaturefd LLC now owns 456 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 273 shares during the period. Crews Bank & Trust purchased a new position in Allegiant Travel during the 4th quarter valued at about $25,000. Nisa Investment Advisors LLC lifted its position in Allegiant Travel by 136.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 304 shares during the period. Jones Financial Companies Lllp lifted its position in Allegiant Travel by 94.5% during the 4th quarter. Jones Financial Companies Lllp now owns 459 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 223 shares during the period. Finally, Sterling Capital Management LLC lifted its position in Allegiant Travel by 803.6% during the 4th quarter. Sterling Capital Management LLC now owns 497 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 442 shares during the period. 85.81% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Allegiant Travel
In other news, Director Sandra Douglass Morgan sold 350 shares of the firm’s 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 completion of the sale, the director now directly owns 11,650 shares of the company’s stock, valued at approximately $940,970.50. This trade represents a 2.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction of $2,391,822.74. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. 15.80% of the stock is currently owned by corporate 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.
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