Allegiant Travel (NASDAQ:ALGT – Free Report) – Research analysts at Zacks Research lowered their Q4 2025 earnings estimates for shares of Allegiant Travel in a research report issued to clients and investors on Friday, May 17th. Zacks Research analyst M. Basu now expects that the transportation company will earn $2.64 per share for the quarter, down from their previous forecast of $2.94. The consensus estimate for Allegiant Travel’s current full-year earnings is $4.17 per share.
Several other research analysts also recently commented on ALGT. Raymond James dropped their target price on shares of Allegiant Travel from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, February 6th. Barclays dropped their price objective on Allegiant Travel from $60.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 9th. UBS Group initiated coverage on Allegiant Travel in a research note on Wednesday, March 20th. They set a “sell” rating and a $58.00 target price for the company. TD Cowen dropped their price target on Allegiant Travel from $65.00 to $60.00 and set a “hold” rating on the stock in a research report on Wednesday, May 15th. Finally, Susquehanna cut their price target on Allegiant Travel from $76.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, April 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Allegiant Travel presently has an average rating of “Hold” and a consensus target price of $86.00.
Get Our Latest Analysis on ALGT
Allegiant Travel Stock Down 3.3 %
Shares of ALGT stock opened at $52.98 on Monday. The stock’s 50 day simple moving average is $63.02 and its 200 day simple moving average is $70.80. Allegiant Travel has a twelve month low of $51.13 and a twelve month high of $130.93. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.74 and a current ratio of 0.76. The company has a market capitalization of $965.83 million, a price-to-earnings ratio of 16.77, a PEG ratio of 1.23 and a beta of 1.63.
Allegiant Travel (NASDAQ:ALGT – Get Free Report) last posted its earnings results on Tuesday, May 7th. The transportation company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.06. The company had revenue of $656.70 million for the quarter, compared to analyst estimates of $645.23 million. Allegiant Travel had a return on equity of 0.50% and a net margin of 2.26%. The business’s revenue was up 1.1% compared to the same quarter last year. During the same period last year, the company earned $3.04 earnings per share.
Hedge Funds Weigh In On Allegiant Travel
Institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new stake in shares of Allegiant Travel in the fourth quarter valued at $141,350,000. Donald Smith & CO. Inc. increased its position in Allegiant Travel by 106.7% in the 1st quarter. Donald Smith & CO. Inc. now owns 309,781 shares of the transportation company’s stock valued at $23,299,000 after acquiring an additional 159,892 shares in the last quarter. U S Global Investors Inc. increased its position in Allegiant Travel by 23.4% in the 4th quarter. U S Global Investors Inc. now owns 647,055 shares of the transportation company’s stock valued at $53,453,000 after acquiring an additional 122,844 shares in the last quarter. Schonfeld Strategic Advisors LLC bought a new position in shares of Allegiant Travel in the third quarter worth about $8,248,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Allegiant Travel by 14.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 798,573 shares of the transportation company’s stock valued at $65,972,000 after purchasing an additional 98,662 shares in the last quarter. Institutional investors own 85.81% of the company’s stock.
Insiders Place Their Bets
In related news, CMO Scott Wayne Deangelo sold 19,687 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $53.68, for a total value of $1,056,798.16. Following the sale, the chief marketing officer now owns 64,812 shares of the company’s stock, valued at $3,479,108.16. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, EVP Robert Paul Wilson III sold 4,600 shares of the business’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $54.00, for a total value of $248,400.00. Following the sale, the executive vice president now owns 75,698 shares in the company, valued at approximately $4,087,692. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Scott Wayne Deangelo sold 19,687 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $53.68, for a total transaction of $1,056,798.16. Following the sale, the chief marketing officer now owns 64,812 shares of the company’s stock, valued at approximately $3,479,108.16. The disclosure for this sale can be found here. Corporate insiders own 17.50% of the company’s stock.
Allegiant Travel Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.40 annualized dividend and a yield of 4.53%. Allegiant Travel’s dividend payout ratio (DPR) is currently 75.95%.
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.
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