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

Allegiant Travel (NASDAQ:ALGT) updated its first quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.500-2.500 for the period, compared to the consensus EPS estimate of 2.160. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages have recently commented on ALGT. Raymond James upped their target price on Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th. The Goldman Sachs Group upped their target price on Allegiant Travel from $83.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. UBS Group initiated coverage on Allegiant Travel in a research note on Tuesday, November 26th. They issued a “neutral” rating and a $16.00 target price on the stock. Morgan Stanley increased their price target on Allegiant Travel from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 11th. Finally, Susquehanna increased their price target on Allegiant Travel from $60.00 to $105.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Allegiant Travel presently has an average rating of “Hold” and an average target price of $79.60.

Allegiant Travel Trading Up 1.3 %

ALGT stock traded up $1.30 during midday trading on Tuesday, hitting $99.11. 569,206 shares of the company’s stock were exchanged, compared to its average volume of 306,250. The business has a 50-day simple moving average of $92.39 and a two-hundred day simple moving average of $67.20. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $1.82 billion, a PE ratio of -66.07, a P/E/G ratio of 1.36 and a beta of 1.63. Allegiant Travel has a 1-year low of $36.08 and a 1-year high of $107.57.

Allegiant Travel (NASDAQ:ALGT) last posted its earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $1.62. Allegiant Travel had a positive return on equity of 0.63% and a negative net margin of 1.04%. On average, sell-side analysts predict that Allegiant Travel will post 2.43 EPS for the current fiscal year.

Insider Transactions at Allegiant Travel

In related news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of Allegiant Travel stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.46, for a total value of $2,391,822.74. Following the completion of the transaction, the chairman now directly owns 2,147,730 shares in the company, valued at approximately $181,397,275.80. This trade represents a 1.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sandra Douglass Morgan sold 350 shares of Allegiant Travel stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $80.77, for a total value of $28,269.50. Following the completion of the transaction, the director now owns 11,650 shares of the company’s stock, valued at approximately $940,970.50. This trade represents a 2.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 15.80% 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.