Allegiant Travel Company (NASDAQ:ALGT) Receives $85.36 Consensus PT from Analysts

Allegiant Travel Company (NASDAQ:ALGT) has received a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $88.0909.

Several brokerages have recently commented on ALGT. Citigroup raised their target price on shares of Allegiant Travel from $88.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday. Susquehanna increased their price target on Allegiant Travel from $70.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday. Morgan Stanley lifted their price objective on Allegiant Travel from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Zacks Research raised Allegiant Travel from a “hold” rating to a “strong-buy” rating in a report on Friday, January 2nd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Allegiant Travel in a research report on Wednesday, October 8th.

Allegiant Travel Stock Up 2.7%

ALGT stock opened at $94.97 on Thursday. Allegiant Travel has a fifty-two week low of $39.80 and a fifty-two week high of $107.57. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.98 and a quick ratio of 0.95. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of -5.83, a PEG ratio of 0.26 and a beta of 1.64. The business’s fifty day moving average price is $78.35 and its two-hundred day moving average price is $65.65.

Allegiant Travel (NASDAQ:ALGT) last announced its earnings results on Thursday, May 12th. The transportation company reported $1.18 earnings per share (EPS) for the quarter. Allegiant Travel had a negative net margin of 11.36% and a positive return on equity of 5.24%. The company had revenue of $496.88 million during the quarter. Allegiant Travel has set its FY 2025 guidance at 3.000- EPS and its Q4 2025 guidance at 1.500-2.500 EPS. On average, equities analysts anticipate that Allegiant Travel will post 7.7 earnings per share for the current year.

Key Headlines Impacting Allegiant Travel

Here are the key news stories impacting Allegiant Travel this week:

• Positive Sentiment: Susquehanna raised its price target to $100 (while keeping a “Neutral” rating), signaling higher valuation support from that shop — this likely helped buying interest. Susquehanna raises ALGT target
• Positive Sentiment: Citi raised its price target to $109 from $88, a material lift that reinforces upward momentum and provides a higher benchmark for investors. Citi raises ALGT price target to $109
• Positive Sentiment: Zacks Research bumped Q2 and Q3 EPS estimates slightly (Q2 to $1.89, Q3 to $2.29) and carries a “Strong‑Buy” on ALGT — upward revisions to near‑term EPS can justify higher multiples and support share gains. Zacks Research raises estimates for ALGT
• Neutral Sentiment: Bank of America upgraded Allegiant to “Neutral” (an upgrade in stance but not yet to a buy), which is mildly supportive but less bullish than a buy rating. BofA upgrades ALGT to Neutral
• Neutral Sentiment: Aggregate broker coverage sits near “Hold” on average — this implies mixed sentiment across the sell‑side and suggests the recent gains reflect selective analyst optimism rather than broad consensus. Broker consensus: Hold

Institutional Trading of Allegiant Travel

Institutional investors and hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. increased its stake in Allegiant Travel by 442.0% in the third quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 442 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Allegiant Travel by 28.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 205 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Allegiant Travel by 58.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,108 shares of the transportation company’s stock valued at $61,000 after purchasing an additional 407 shares during the last quarter. AlphaQuest LLC increased its stake in shares of 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 purchasing an additional 609 shares during the last quarter. Finally, iSAM Funds UK Ltd acquired a new position in shares of Allegiant Travel during the 3rd quarter worth $69,000. Institutional investors own 85.81% 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.