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

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

Analysts Set New Price Targets

Several equities analysts have issued reports on ALGT shares. Barclays raised their price objective on Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, January 16th. Bank of America boosted their target price on Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a research report on Friday, January 17th. The Goldman Sachs Group increased their target price on shares of Allegiant Travel from $83.00 to $92.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. StockNews.com raised shares of Allegiant Travel from a “sell” rating to a “hold” rating in a report on Wednesday, January 15th. Finally, Raymond James upped their target price on shares of Allegiant Travel from $75.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, December 30th. One 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.com, Allegiant Travel currently has an average rating of “Hold” and an average target price of $79.60.

Allegiant Travel Price Performance

Shares of NASDAQ ALGT traded up $1.30 during midday trading on Tuesday, reaching $99.11. The company’s stock had a trading volume of 569,206 shares, compared to its average volume of 306,250. Allegiant Travel has a one year low of $36.08 and a one year high of $107.57. The company has a market cap of $1.82 billion, a price-to-earnings ratio of -66.07, a price-to-earnings-growth ratio of 1.36 and a beta of 1.63. The company has a 50 day moving average price of $92.76 and a 200 day moving average price of $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 data on Tuesday, February 4th. The transportation company reported $2.10 EPS for the quarter, beating analysts’ consensus estimates 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, equities research analysts expect that Allegiant Travel will post 2.43 EPS for the current year.

Insiders Place Their Bets

In related news, Chairman Maurice J. Gallagher, Jr. sold 28,319 shares of the stock in a transaction on 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sandra Douglass Morgan sold 350 shares of the business’s stock in a transaction dated 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 in the company, valued at $940,970.50. This trade represents a 2.92 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 15.80% of the company’s stock.

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.