Allegiant Air (ALGT)

• Market cap: $1.92B
• 1 day: 2.24%
• 5 days: 6.37%
• 1 month: 20.62%
• 3 months: 66.14%
• 6 months: 118.56%
• Year to date: 14.52%
• 1 year: 38.26%
• 5 years: -38.08%
• 10 years: -38.48%
• Sector: Industrials
• Industry: Air Transportation, Scheduled

About: Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airlines. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.

Employees: 5,951

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

80% more call options, than puts

Call options by funds: $31.4M | Put options by funds: $17.4M

33% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]

13% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 63

5% more capital invested

Capital invested by funds: $841M [Q2] → $884M (+$42.5M) [Q3]

10% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 41

3% less funds holding

Funds holding: 210 [Q2] → 204 (-6) [Q3]

4.02% less ownership

Funds ownership: 92.14% [Q2] → 88.13% (-4.02%) [Q3]

Research analyst outlook

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

• Low target: $70 34% downside
• Avg. target: $95 10% downside
• High target: $110 4% upside

7 analyst ratings

• positive: 1 14%
• neutral: 5 71%
• negative: 1 14%

B of A Securities Andrew Didora 65% 1-year accuracy 11 / 17 met price target	10% downside $95	Underperform Maintained	17 Jan 2025
Barclays Brandon Oglenski 50% 1-year accuracy 34 / 68 met price target	5% downside $100	Equal-Weight Maintained	16 Jan 2025
Goldman Sachs Catherine O'Brien 50% 1-year accuracy 4 / 8 met price target	13% downside $92	Neutral Maintained	14 Jan 2025
Susquehanna Christopher Stathoulopoulos 100% 1-year accuracy 19 / 19 met price target	0% downside $105	Neutral Maintained	7 Jan 2025
Raymond James Savanthi Syth 71% 1-year accuracy 10 / 14 met price target	4% upside $110	Outperform Maintained	30 Dec 2024