It has been about a month since the last earnings report for Allegiant Travel (ALGT). Shares have added about 10.1% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Allegiant Travel due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, estimates review have trended downward during the past month.
The consensus estimate has shifted -63.19% due to these changes.
VGM Scores
At this time, Allegiant Travel has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Allegiant Travel has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry Player
Allegiant Travel is part of the Zacks Transportation - Airline industry. Over the past month, SkyWest (SKYW), a stock from the same industry, has gained 3.7%. The company reported its results for the quarter ended March 2025 more than a month ago.
SkyWest reported revenues of $948.46 million in the last reported quarter, representing a year-over-year change of +18%. EPS of $2.42 for the same period compares with $1.45 a year ago.
SkyWest is expected to post earnings of $2.31 per share for the current quarter, representing a year-over-year change of +26.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
SkyWest has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.
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Allegiant Travel Company (ALGT): Free Stock Analysis Report SkyWest, Inc. (SKYW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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