Research Analysts Set Expectations for ALGT Q1 Earnings

Allegiant Travel Company (NASDAQ:ALGT) – Analysts at Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for shares of Allegiant Travel in a research report issued to clients and investors on Wednesday, November 5th. Seaport Res Ptn analyst D. Mckenzie expects that the transportation company will post earnings per share of $3.00 for the quarter. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.70 per share. Seaport Res Ptn also issued estimates for Allegiant Travel’s Q3 2026 earnings at ($0.25) EPS and Q4 2026 earnings at $2.35 EPS.

Allegiant Travel (NASDAQ:ALGT) last issued its earnings results on Thursday, May 12th. The transportation company reported $1.18 earnings per share (EPS) for the quarter. Allegiant Travel had a positive return on equity of 5.00% and a negative net margin of 11.10%.The business had revenue of $496.88 million during the quarter.

ALGT has been the subject of several other reports. Morgan Stanley increased their price objective on shares of Allegiant Travel from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Barclays upped their price target on shares of Allegiant Travel from $52.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. Susquehanna lifted their price objective on Allegiant Travel from $50.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Zacks Research raised Allegiant Travel from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 4th. Finally, Evercore ISI raised their target price on Allegiant Travel from $75.00 to $85.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Allegiant Travel currently has a consensus rating of “Hold” and a consensus target price of $70.89.

Allegiant Travel Stock Up 2.9%

Shares of ALGT opened at $70.89 on Thursday. The company has a market capitalization of $1.30 billion, a PE ratio of -4.45, a PEG ratio of 0.49 and a beta of 1.77. The stock’s 50-day moving average price is $63.31 and its two-hundred day moving average price is $57.16. The company has a current ratio of 1.10, a quick ratio of 1.07 and a debt-to-equity ratio of 1.68. Allegiant Travel has a 12 month low of $39.80 and a 12 month high of $107.57.

Hedge Funds Weigh In On Allegiant Travel

Several large investors have recently bought and sold shares of the stock. Donald Smith & CO. Inc. boosted its holdings in Allegiant Travel by 32.6% during the 1st quarter. Donald Smith & CO. Inc. now owns 1,350,447 shares of the transportation company’s stock worth $69,751,000 after acquiring an additional 331,998 shares during the last quarter. Heartland Advisors Inc. bought a new stake in Allegiant Travel in the 3rd quarter worth about $12,747,000. Federated Hermes Inc. purchased a new stake in Allegiant Travel in the 1st quarter valued at about $9,864,000. MetLife Investment Management LLC lifted its position in shares of Allegiant Travel by 1,621.0% during the 1st quarter. MetLife Investment Management LLC now owns 159,691 shares of the transportation company’s stock worth $8,248,000 after buying an additional 150,412 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Allegiant Travel by 40.8% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 389,832 shares of the transportation company’s stock worth $20,135,000 after buying an additional 112,875 shares in the last quarter. 85.81% of the stock is currently owned by institutional investors.

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.