Q3 EPS Forecast for Allegiant Travel Increased by Analyst

Allegiant Travel Company (NASDAQ:ALGT) – Equities research analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of Allegiant Travel in a report issued on Wednesday, March 4th. Zacks Research analyst Team now forecasts that the transportation company will post earnings per share of ($0.47) for the quarter, up from their prior forecast of ($0.49). Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Allegiant Travel’s Q3 2027 earnings at $2.08 EPS and Q4 2027 earnings at $3.01 EPS.

A number of other analysts also recently weighed in on ALGT. Raymond James Financial downgraded shares of Allegiant Travel from a “strong-buy” rating to an “outperform” rating and upped their target price for the stock from $78.00 to $98.00 in a research report on Friday, December 19th. Weiss Ratings reissued a “sell (d)” rating on shares of Allegiant Travel in a research note on Wednesday, January 21st. Morgan Stanley upped their price objective on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Wall Street Zen raised shares of Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Sunday, December 28th. Finally, Citigroup raised their target price on shares of Allegiant Travel from $109.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Allegiant Travel presently has a consensus rating of “Hold” and an average target price of $100.18.

Allegiant Travel Stock Performance

Shares of Allegiant Travel stock opened at $82.48 on Monday. Allegiant Travel has a 12 month low of $39.80 and a 12 month high of $118.00. The firm has a market capitalization of $1.52 billion, a P/E ratio of -32.09, a P/E/G ratio of 0.18 and a beta of 1.55. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 1.60. The business has a fifty day simple moving average of $95.83 and a two-hundred day simple moving average of $78.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ALGT. Hantz Financial Services Inc. lifted its stake in shares of Allegiant Travel by 442.0% in the third quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock worth $33,000 after buying an additional 442 shares in the last quarter. Signaturefd LLC increased its position in shares of Allegiant Travel by 27.3% during the fourth quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 117 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Allegiant Travel by 28.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock worth $51,000 after acquiring an additional 205 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Allegiant Travel by 43.7% in the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock worth $67,000 after acquiring an additional 373 shares during the last quarter. Finally, AlphaQuest LLC lifted its position in Allegiant Travel by 119.2% in the 3rd quarter. AlphaQuest LLC now owns 1,120 shares of the transportation company’s stock valued at $68,000 after acquiring an additional 609 shares in the last quarter. 85.81% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Allegiant Travel

In related news, Chairman Maurice J. Gallagher, Jr. sold 175,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $114.23, for a total value of $19,990,250.00. Following the transaction, the chairman owned 1,962,348 shares in the company, valued at $224,159,012.04. The trade was a 8.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders have sold 300,000 shares of company stock valued at $34,350,512. Insiders own 14.70% of the company’s stock.

About Allegiant Travel

Allegiant Travel Company is a holding company that operates Allegiant Air, a low‐cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price‐sensitive leisure travelers, Allegiant Air operates a point‐to‐point network that avoids the traditional hub‐and‐spoke model, providing non‐stop flights from smaller cities to resort and entertainment hubs.

In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.