Research Analysts Set Expectations for ALGT Q1 Earnings

Allegiant Travel Company (NASDAQ:ALGT) – Stock analysts at Zacks Research increased their Q1 2026 EPS estimates for Allegiant Travel in a research note issued to investors on Tuesday, November 18th. Zacks Research analyst Team now forecasts that the transportation company will post earnings of $1.85 per share for the quarter, up from their prior forecast of $1.67. Zacks Research has a “Hold” rating on the stock. 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 Q2 2027 earnings at $1.88 EPS and FY2027 earnings at $8.81 EPS.

ALGT has been the topic of several other reports. Evercore ISI boosted their price objective on shares of Allegiant Travel from $75.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, September 29th. UBS Group lifted their price target on shares of Allegiant Travel from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Morgan Stanley upped their price objective on shares of Allegiant Travel from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Susquehanna increased their price objective on shares of Allegiant Travel from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Finally, Barclays boosted their target price on Allegiant Travel from $52.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Allegiant Travel has a consensus rating of “Hold” and an average target price of $71.44.

Allegiant Travel Price Performance

NASDAQ:ALGT opened at $63.70 on Wednesday. Allegiant Travel has a 52 week low of $39.80 and a 52 week high of $107.57. The stock’s fifty day moving average is $63.68 and its two-hundred day moving average is $58.28. The company has a market capitalization of $1.17 billion, a P/E ratio of -4.00, a P/E/G ratio of 0.49 and a beta of 1.77. 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 (NASDAQ:ALGT) last released its quarterly earnings results on Thursday, May 12th. The transportation company reported $1.18 EPS for the quarter. Allegiant Travel had a negative net margin of 11.10% and a positive return on equity of 5.00%. The firm had revenue of $496.88 million for the quarter.

Institutional Trading of Allegiant Travel

Several hedge funds have recently modified their holdings of the stock. Hantz Financial Services Inc. increased its holdings in Allegiant Travel by 442.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock worth $33,000 after purchasing an additional 442 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in Allegiant Travel by 28.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock valued at $51,000 after acquiring an additional 205 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Allegiant Travel by 376.5% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,034 shares of the transportation company’s stock valued at $53,000 after acquiring an additional 817 shares in the last quarter. GAMMA Investing LLC grew its holdings in Allegiant Travel by 58.1% during the 2nd quarter. GAMMA Investing LLC now owns 1,108 shares of the transportation company’s stock worth $61,000 after acquiring an additional 407 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Allegiant Travel by 43.7% in the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock valued at $67,000 after purchasing an additional 373 shares during the last quarter. 85.81% of the stock is currently owned by institutional investors and hedge funds.

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.