Zacks Research Issues Pessimistic Estimate for ALGT Earnings

Allegiant Travel Company (NASDAQ:ALGT) – Stock analysts at Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for Allegiant Travel in a research note issued on Monday, August 18th. Zacks Research analyst Team now anticipates that the transportation company will earn ($1.96) per share for the quarter, down from their previous forecast of ($1.41). 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 $1.37 EPS, FY2025 earnings at $2.46 EPS, Q2 2026 earnings at $1.52 EPS, Q3 2026 earnings at $1.11 EPS, Q4 2026 earnings at $1.26 EPS and Q1 2027 earnings at $0.67 EPS.

Allegiant Travel (NASDAQ:ALGT) last issued its earnings results on Monday, August 4th. The transportation company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.40. Allegiant Travel had a negative net margin of 11.10% and a positive return on equity of 5.00%. The company had revenue of $689.40 million for the quarter, compared to analysts’ expectations of $685.58 million. During the same period in the prior year, the business earned $0.75 EPS. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. Allegiant Travel has set its FY 2015 guidance at 2.250- EPS. Q3 2025 guidance at -2.750–1.750 EPS.

Several other analysts have also commented on ALGT. UBS Group decreased their price target on shares of Allegiant Travel from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Morgan Stanley lowered their price objective on Allegiant Travel from $85.00 to $83.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. TD Cowen upped their target price on Allegiant Travel from $35.00 to $50.00 and gave the company a “hold” rating in a research report on Monday, May 12th. Barclays lowered their price target on Allegiant Travel from $60.00 to $52.00 and set an “equal weight” rating for the company in a report on Thursday, May 8th. Finally, Susquehanna restated a “neutral” rating and set a $50.00 price target (up previously from $45.00) on shares of Allegiant Travel in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Allegiant Travel currently has a consensus rating of “Hold” and an average target price of $64.33.

Allegiant Travel Stock Performance

Shares of NASDAQ:ALGT opened at $55.94 on Wednesday. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of -3.51, a price-to-earnings-growth ratio of 0.52 and a beta of 1.72. The company has a quick ratio of 1.07, a current ratio of 1.10 and a debt-to-equity ratio of 1.68. Allegiant Travel has a 52 week low of $39.10 and a 52 week high of $107.57. The firm has a 50 day moving average of $53.61 and a 200 day moving average of $57.32.

Institutional Investors Weigh In On Allegiant Travel

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Donald Smith & CO. Inc. lifted its stake in shares of Allegiant Travel by 32.6% in the first quarter. Donald Smith & CO. Inc. now owns 1,350,447 shares of the transportation company’s stock worth $69,751,000 after buying an additional 331,998 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new stake in Allegiant Travel during the 4th quarter valued at about $26,067,000. Federated Hermes Inc. acquired a new stake in Allegiant Travel in the 1st quarter valued at about $9,864,000. Voloridge Investment Management LLC purchased a new position in Allegiant Travel during the fourth quarter worth approximately $16,713,000. Finally, MetLife Investment Management LLC grew its holdings in shares of Allegiant Travel by 1,621.0% in the first quarter. MetLife Investment Management LLC now owns 159,691 shares of the transportation company’s stock valued at $8,248,000 after purchasing an additional 150,412 shares during the period. Hedge funds and other institutional investors 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.