ALGT icon

Allegiant Air

50.85 USD
-0.80
1.55%
At close Apr 1, 4:00 PM EDT
After hours
50.85
+0.00
0.00%
1 day
-1.55%
5 days
-7.78%
1 month
-26.81%
3 months
-44.70%
6 months
-9.86%
Year to date
-44.70%
1 year
-26.75%
5 years
-28.67%
10 years
-71.69%
 

About: Allegiant Travel Co is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. It operates a low-cost, low utilization passenger airline marketed to leisure travelers in under-served cities, allowing it to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third-party services and products. In addition, it provides air transportation under fixed-fee flight arrangements. In connection with its leisure travel focus, the company has opened Sunseeker Resort Charlotte Harbor, equipped with several guestrooms and food and beverage outlets. The company's operating segments are the Airline, which generates maximum revenue, and Sunseeker Resort.

Employees: 5,991

0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

67% more call options, than puts

Call options by funds: $26.1M | Put options by funds: $15.7M

63% more capital invested

Capital invested by funds: $884M [Q3] → $1.44B (+$560M) [Q4]

25% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]

0% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 45

1% less funds holding

Funds holding: 204 [Q3] → 202 (-2) [Q4]

3.99% less ownership

Funds ownership: 88.12% [Q3] → 84.14% (-3.99%) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 64

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$61
20%
upside
Avg. target
$91
80%
upside
High target
$105
106%
upside

6 analyst ratings

positive
0%
neutral
83%
negative
17%
UBS
Thomas Wadewitz
13% 1-year accuracy
4 / 32 met price target
20%upside
$61
Neutral
Maintained
20 Mar 2025
Morgan Stanley
Ravi Shanker
32% 1-year accuracy
8 / 25 met price target
87%upside
$95
Equal-Weight
Maintained
6 Feb 2025
B of A Securities
Andrew Didora
53% 1-year accuracy
9 / 17 met price target
87%upside
$95
Underperform
Maintained
17 Jan 2025
Barclays
Brandon Oglenski
33% 1-year accuracy
22 / 66 met price target
97%upside
$100
Equal-Weight
Maintained
16 Jan 2025
Goldman Sachs
Catherine O'Brien
25% 1-year accuracy
2 / 8 met price target
81%upside
$92
Neutral
Maintained
14 Jan 2025

Financial journalist opinion

Based on 12 articles about ALGT published over the past 30 days

Positive
Zacks Investment Research
4 hours ago
3 Airline Stocks to Bet on Currently Amid Falling Oil Price
Low fuel costs bode well for the Zacks Transportation -Airline industry. Stocks like SKYW, ULCC and ALGT appear to be good bets currently.
3 Airline Stocks to Bet on Currently Amid Falling Oil Price
Neutral
PRNewsWire
1 day ago
Allegiant Named one of America's Most Loved Brands
The airline is the only U.S. carrier included on Newsweek and Plant-A Insights Group's America's Most Loved Brands 2025 list LAS VEGAS , March 31, 2025 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is proud to be the only U.S. airline named by Newsweek as one of America's Most Loved Brands 2025. The recognition comes after Newsweek, together with Plant-A Insights Group, conducted a large-scale study based on the collection of over 359,000 brand reviews and followership data across social media platforms, as well as in-depth analysis of sentiment data on brands.
Allegiant Named one of America's Most Loved Brands
Neutral
Zacks Investment Research
4 days ago
Is the Options Market Predicting a Spike in Allegiant (ALGT) Stock?
Investors need to pay close attention to Allegiant (ALGT) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in Allegiant (ALGT) Stock?
Positive
Zacks Investment Research
1 week ago
Should Value Investors Buy Allegiant (ALGT) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Allegiant (ALGT) Stock?
Positive
Zacks Investment Research
1 week ago
Here's Why Investors Should Retain Allegiant Stock for Now
Impressive air travel demand and encouraging expansion efforts boost ALGT's prospects. However, elevated expenses are a major headwind.
Here's Why Investors Should Retain Allegiant Stock for Now
Negative
Zacks Investment Research
1 week ago
How Should You Play ALGT Stock Post FY25 Capacity Forecast Cut?
Allegiant trims its capacity growth forecast, citing softness in leisure travel demand. In this scenario, we assess whether ALGT stock is a buy now.
How Should You Play ALGT Stock Post FY25 Capacity Forecast Cut?
Neutral
PRNewsWire
2 weeks ago
Allegiant Reports February 2025 Traffic
LAS VEGAS , March 18, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for February 2025. "Consistent with recent industry commentary, we are experiencing leisure demand softness, predominantly observed during the shoulder and off-peak periods," stated Drew Wells, Chief Commercial Officer of Allegiant Travel Company.
Allegiant Reports February 2025 Traffic
Negative
Zacks Investment Research
3 weeks ago
Why Is Allegiant Travel (ALGT) Down 21.5% Since Last Earnings Report?
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
Why Is Allegiant Travel (ALGT) Down 21.5% Since Last Earnings Report?
Positive
Market Watch
4 weeks ago
10 dividend stocks for investors who also want growth
These companies have attractive dividend yields, and analysts expect them to show high growth rates for revenue and profits through 2026.
10 dividend stocks for investors who also want growth
Positive
Zacks Investment Research
4 weeks ago
Are Investors Undervaluing Allegiant (ALGT) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Allegiant (ALGT) Right Now?
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