Landscape Capital Management L.L.C. Takes $5.03 Million Position in Allegiant Travel Company $ALGT

Landscape Capital Management L.L.C. bought a new stake in Allegiant Travel Company (NASDAQ:ALGT) during the 4th quarter, HoldingsChannel reports. The firm bought 59,005 shares of the transportation company’s stock, valued at approximately $5,031,000.

Other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. grew its position 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 valued at $33,000 after purchasing an additional 442 shares during the period. Signaturefd LLC boosted its position in Allegiant Travel by 27.3% during the fourth quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock worth $47,000 after acquiring an additional 117 shares during the last quarter. NewEdge Advisors LLC boosted its position in Allegiant Travel by 43.7% during the second 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. AlphaQuest LLC boosted its position in Allegiant Travel by 119.2% during the third quarter. AlphaQuest LLC now owns 1,120 shares of the transportation company’s stock worth $68,000 after acquiring an additional 609 shares during the last quarter. Finally, iSAM Funds UK Ltd acquired a new position in Allegiant Travel during the third quarter worth about $69,000. Institutional investors and hedge funds own 85.81% of the company’s stock.

Allegiant Travel Stock Up 6.5%

ALGT stock opened at $91.59 on Friday. The company has a market cap of $1.69 billion, a price-to-earnings ratio of -45.79, a price-to-earnings-growth ratio of 0.46 and a beta of 1.55. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.91 and a quick ratio of 0.87. Allegiant Travel Company has a 12 month low of $42.56 and a 12 month high of $118.00. The company has a fifty day moving average price of $82.70 and a 200 day moving average price of $86.78.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings data on Thursday, April 30th. The transportation company reported $3.77 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.37. Allegiant Travel had a negative net margin of 1.30% and a positive return on equity of 10.07%. The company had revenue of $732.43 million during the quarter, compared to the consensus estimate of $711.01 million. During the same quarter in the prior year, the firm earned $2.11 EPS. Allegiant Travel’s quarterly revenue was up 4.8% on a year-over-year basis. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. Sell-side analysts expect that Allegiant Travel Company will post 3.89 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on ALGT. UBS Group boosted their price target on shares of Allegiant Travel from $90.00 to $93.00 and gave the stock a “neutral” rating in a research report on Monday, March 23rd. Citigroup lowered their price target on shares of Allegiant Travel from $114.00 to $98.00 and set a “neutral” rating on the stock in a research report on Friday, March 20th. Zacks Research lowered shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 1st. Bank of America boosted their price target on shares of Allegiant Travel from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Allegiant Travel in a research note on Friday, May 29th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $103.20.

Allegiant Travel 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.