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

Allegiant Travel (NASDAQ:ALGT) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.500-1.500 for the period, compared to the consensus estimate of 1.780. The company issued revenue guidance of -.

Allegiant Travel Price Performance

Shares of NASDAQ ALGT opened at $55.14 on Wednesday. The firm has a market capitalization of $1.01 billion, a P/E ratio of -4.12 and a beta of 1.64. The firm’s 50-day moving average price is $80.20 and its 200-day moving average price is $74.25. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 1.36. Allegiant Travel has a 1-year low of $36.09 and a 1-year high of $107.57.

Allegiant Travel (NASDAQ:ALGT) last posted its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $1.62. Allegiant Travel had a positive return on equity of 3.33% and a negative net margin of 9.56%. Equities research analysts anticipate that Allegiant Travel will post 7.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ALGT has been the subject of a number of recent research reports. Bank of America boosted their price target on shares of Allegiant Travel from $54.00 to $95.00 and gave the company an “underperform” rating in a research note on Friday, January 17th. Raymond James upped their target price on shares of Allegiant Travel from $75.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, December 30th. Barclays lifted their price target on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, January 16th. Susquehanna increased their price objective on Allegiant Travel from $60.00 to $105.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Finally, StockNews.com raised Allegiant Travel from a “sell” rating to a “hold” rating in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $84.60.

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.