Seaport Res Ptn Has Negative Forecast for ALGT Q2 Earnings

Allegiant Travel (NASDAQ:ALGT) – Seaport Res Ptn cut their Q2 2025 earnings per share (EPS) estimates for shares of Allegiant Travel in a research note issued to investors on Thursday, October 31st. Seaport Res Ptn analyst D. Mckenzie now forecasts that the transportation company will post earnings per share of $3.50 for the quarter, down from their previous estimate of $3.55. The consensus estimate for Allegiant Travel’s current full-year earnings is $1.27 per share. Seaport Res Ptn also issued estimates for Allegiant Travel’s Q4 2025 earnings at $1.90 EPS.

Several other analysts have also commented on the company. Susquehanna boosted their price target on Allegiant Travel from $40.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Morgan Stanley decreased their price target on Allegiant Travel from $95.00 to $87.00 and set an “equal weight” rating on the stock in a research note on Monday, July 8th. Barclays decreased their price target on Allegiant Travel from $55.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. TD Cowen boosted their price objective on Allegiant Travel from $42.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Evercore ISI boosted their price objective on Allegiant Travel from $60.00 to $65.00 and gave the stock an “in-line” rating in a research note on Thursday, October 3rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Allegiant Travel currently has a consensus rating of “Hold” and a consensus target price of $64.13.

Allegiant Travel Price Performance

Shares of ALGT stock opened at $63.01 on Friday. The stock’s fifty day simple moving average is $51.72 and its 200 day simple moving average is $50.96. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.74 and a quick ratio of 0.71. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of -42.01, a P/E/G ratio of 4.11 and a beta of 1.65. Allegiant Travel has a one year low of $36.08 and a one year high of $85.91.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported ($2.02) earnings per share for the quarter, missing the consensus estimate of ($1.85) by ($0.17). The firm had revenue of $562.20 million for the quarter, compared to analyst estimates of $561.24 million. Allegiant Travel had a positive return on equity of 0.63% and a negative net margin of 1.04%.

Insider Buying and Selling at Allegiant Travel

In other Allegiant Travel news, COO Keny Frank Wilper sold 635 shares of the business’s stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $62.69, for a total value of $39,808.15. Following the completion of the transaction, the chief operating officer now directly owns 16,353 shares of the company’s stock, valued at approximately $1,025,169.57. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, COO Keny Frank Wilper sold 635 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $62.69, for a total transaction of $39,808.15. Following the completion of the transaction, the chief operating officer now directly owns 16,353 shares of the company’s stock, valued at $1,025,169.57. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary Ellmer sold 1,000 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $45.00, for a total value of $45,000.00. Following the transaction, the director now directly owns 7,490 shares of the company’s stock, valued at $337,050. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,334 shares of company stock valued at $117,158. Company insiders own 15.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. ProShare Advisors LLC boosted its position in Allegiant Travel by 6.9% during the first quarter. ProShare Advisors LLC now owns 3,155 shares of the transportation company’s stock valued at $237,000 after purchasing an additional 203 shares during the last quarter. Signaturefd LLC boosted its position in Allegiant Travel by 149.2% during the third quarter. Signaturefd LLC now owns 456 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 273 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Allegiant Travel by 136.9% during the third quarter. Nisa Investment Advisors LLC now owns 526 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 304 shares during the last quarter. Privium Fund Management UK Ltd boosted its position in Allegiant Travel by 4.5% during the second quarter. Privium Fund Management UK Ltd now owns 10,191 shares of the transportation company’s stock valued at $504,000 after purchasing an additional 438 shares during the last quarter. Finally, SeaCrest Wealth Management LLC boosted its position in Allegiant Travel by 8.1% during the third quarter. SeaCrest Wealth Management LLC now owns 6,010 shares of the transportation company’s stock valued at $331,000 after purchasing an additional 450 shares during the last quarter. 85.81% of the stock is 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.