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

Allegiant Travel (NASDAQ:ALGT) updated its first quarter 2025 earnings guidance on Wednesday. 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 1.9 %

Shares of ALGT stock opened at $55.14 on Wednesday. The company has a market cap of $1.01 billion, a P/E ratio of -4.12 and a beta of 1.64. Allegiant Travel has a fifty-two week low of $36.09 and a fifty-two week high of $107.57. The stock has a 50 day simple moving average of $80.20 and a two-hundred day simple moving average of $74.25. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.72 and a current ratio of 0.75.

Allegiant Travel (NASDAQ:ALGT) last released its earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share (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%. Research analysts forecast that Allegiant Travel will post 7.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Raymond James raised their price objective on Allegiant Travel from $75.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, December 30th. TD Cowen increased their price objective on shares of Allegiant Travel from $50.00 to $70.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Barclays increased their price target on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. UBS Group cut their price objective on Allegiant Travel from $93.00 to $61.00 and set a “neutral” rating on the stock in a research report on Thursday, March 20th. Finally, Bank of America raised their target price on Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $84.60.

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.