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

Allegiant Travel (NASDAQ:ALGT) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. 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 -.

Wall Street Analyst Weigh In

ALGT has been the topic of several research reports. The Goldman Sachs Group upped their price objective on shares of Allegiant Travel from $83.00 to $92.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Morgan Stanley increased their price target on shares of Allegiant Travel from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. Wolfe Research lowered shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Susquehanna increased their price objective on Allegiant Travel from $60.00 to $105.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Finally, StockNews.com upgraded Allegiant Travel from a “sell” rating to a “hold” rating in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $79.60.

Allegiant Travel Stock Performance

Shares of NASDAQ ALGT traded down $10.53 during mid-day trading on Wednesday, hitting $88.58. The company had a trading volume of 67,481 shares, compared to its average volume of 293,946. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -58.80, 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. The stock’s 50-day moving average price is $92.76 and its 200-day moving average price is $67.57. 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 (NASDAQ:ALGT) last announced its quarterly earnings results on Tuesday, February 4th. The transportation company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $1.62. Allegiant Travel had a negative net margin of 1.04% and a positive return on equity of 0.63%. On average, sell-side analysts forecast that Allegiant Travel will post 2.43 earnings per share for the current year.

Insider Activity at Allegiant Travel

In other Allegiant Travel news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $84.46, for a total transaction of $2,391,822.74. Following the completion of the sale, the chairman now owns 2,147,730 shares of the company’s stock, valued at approximately $181,397,275.80. The trade was 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 the SEC website. Also, Director Sandra Douglass Morgan sold 350 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $80.77, for a total value of $28,269.50. Following the completion of the sale, the director now directly owns 11,650 shares of the company’s stock, valued at $940,970.50. The trade was a 2.92 % decrease in their position. The disclosure for this sale can be found here. 15.80% of the stock is owned by company insiders.

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.