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

Allegiant Travel (NASDAQ:ALGT) updated its first quarter 2025 earnings guidance on Wednesday. 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 -.

Analysts Set New Price Targets

ALGT has been the subject of several research reports. Morgan Stanley increased their price objective on Allegiant Travel from $90.00 to $95.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. StockNews.com upgraded Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Wednesday, January 15th. Susquehanna boosted their price objective on Allegiant Travel from $60.00 to $105.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. UBS Group cut their price target on Allegiant Travel from $93.00 to $61.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Finally, Bank of America upped their target price on shares of Allegiant Travel from $54.00 to $95.00 and gave the stock an “underperform” rating in a report on Friday, January 17th. 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, the stock has an average rating of “Hold” and an average target price of $84.60.

Allegiant Travel Price Performance

Shares of NASDAQ:ALGT opened at $55.14 on Wednesday. The stock has a market cap of $1.01 billion, a PE ratio of -4.12 and a beta of 1.64. The company’s fifty day moving average is $80.20 and its 200 day moving average is $74.25. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 1.36. Allegiant Travel has a 52 week low of $36.09 and a 52 week high of $107.57.

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, beating 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%. Research analysts anticipate that Allegiant Travel will post 7.7 earnings per share for the current year.

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.