What is Zacks Research’s Forecast for ALGT FY2025 Earnings?

Allegiant Travel (NASDAQ:ALGT) – Equities research analysts at Zacks Research lowered their FY2025 earnings per share estimates for Allegiant Travel in a report released 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 prior 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.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings data on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, topping analysts’ consensus estimates 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%.

ALGT has been the topic of a number of other research reports. UBS Group dropped their price objective on Allegiant Travel from $93.00 to $61.00 and set a “neutral” rating on the stock in a report on Thursday. The Goldman Sachs Group increased their price target on Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. TD Cowen increased their price target on Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Susquehanna increased their price target on Allegiant Travel from $60.00 to $105.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Finally, Bank of America increased their price target on Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a report on Friday, January 17th. One equities 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’s stock. According to data from MarketBeat, Allegiant Travel presently has an average rating of “Hold” and a consensus price target of $84.60.

Allegiant Travel Trading Up 3.6 %

NASDAQ:ALGT opened at $54.96 on Friday. The stock’s 50 day moving average price is $81.94 and its 200 day moving average price is $73.80. Allegiant Travel has a 52 week low of $36.09 and a 52 week high of $107.57. The company has a market capitalization of $1.01 billion, a P/E ratio of -4.11 and a beta of 1.64. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.72 and a current ratio of 0.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jacobs Levy Equity Management Inc. bought a new position in shares of Allegiant Travel during the fourth quarter valued at $26,067,000. Emerald Advisers LLC bought a new position in shares of Allegiant Travel during the fourth quarter valued at $22,256,000. Voloridge Investment Management LLC bought a new position in shares of Allegiant Travel during the fourth quarter valued at $16,713,000. Mesirow Institutional Investment Management Inc. bought a new position in shares of Allegiant Travel during the fourth quarter valued at $13,830,000. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in shares of Allegiant Travel by 16.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 928,641 shares of the transportation company’s stock valued at $87,404,000 after acquiring an additional 131,561 shares during the period. 85.81% of the stock is owned by institutional investors.

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.