What is Zacks Research’s Estimate for ALGT FY2026 Earnings?

Allegiant Travel Company (NASDAQ:ALGT) – Equities researchers at Zacks Research upped their FY2026 earnings estimates for Allegiant Travel in a research report issued on Tuesday, August 25th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $8.07 for the year, up from their prior estimate of $7.53. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Allegiant Travel’s current full-year earnings is $6.95 per share. Zacks Research also issued estimates for Allegiant Travel’s Q4 2026 earnings at $2.11 EPS and FY2028 earnings at $13.25 EPS.

ALGT has been the topic of a number of other reports. JPMorgan Chase & Co. initiated coverage on Allegiant Travel in a research note on Wednesday, July 1st. They issued an “overweight” rating and a $156.00 target price on the stock. Bank of America lifted their price target on Allegiant Travel from $100.00 to $120.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Susquehanna dropped their price target on shares of Allegiant Travel from $132.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, August 7th. UBS Group increased their price objective on shares of Allegiant Travel from $103.00 to $111.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen lowered shares of Allegiant Travel from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $128.38.

Allegiant Travel Stock Up 0.8%

ALGT stock opened at $82.32 on Wednesday. The business has a 50 day moving average of $100.10 and a 200 day moving average of $91.99. The firm has a market cap of $2.25 billion, a PE ratio of 58.38, a price-to-earnings-growth ratio of 0.23 and a beta of 1.53. Allegiant Travel has a twelve month low of $57.11 and a twelve month high of $123.63. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 1.38.

Allegiant Travel (NASDAQ:ALGT) last released its earnings results on Tuesday, August 4th. The transportation company reported $2.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.92. Allegiant Travel had a net margin of 0.90% and a return on equity of 10.83%. The firm had revenue of $943.49 million during the quarter, compared to analyst estimates of $982.70 million. During the same period last year, the business earned $1.23 earnings per share. The business’s revenue was up 36.8% on a year-over-year basis. Allegiant Travel has set its Q3 2026 guidance at -1.000–0.000 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in shares of Allegiant Travel during the second quarter valued at $26,000. Allworth Financial LP bought a new stake in Allegiant Travel in the 2nd quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Allegiant Travel in the 2nd quarter worth about $42,000. Parallel Advisors LLC raised its position in Allegiant Travel by 339.6% in the 1st quarter. Parallel Advisors LLC now owns 488 shares of the transportation company’s stock worth $40,000 after buying an additional 377 shares during the last quarter. Finally, iSAM Funds UK Ltd bought a new position in Allegiant Travel during the 3rd quarter valued at about $69,000. 85.81% of the stock is owned by institutional investors.

Allegiant Travel Company Profile

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.