Allegiant Air (ALGT)

• Market cap: $750M
• 1 day: -7.38%
• 5 days: -13.84%
• 1 month: -25.58%
• 3 months: -61.16%
• 6 months: -35.47%
• Year to date: -55.52%
• 1 year: -34.25%
• 5 years: -43.76%
• 10 years: -75.79%
• Sector: Industrials
• Industry: Airlines

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

Fund manager confidence

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

67% more call options, than puts

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

64% more capital invested

Capital invested by funds: $882M [Q3] → $1.44B (+$561M) [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]

3.87% less ownership

Funds ownership: 88.01% [Q3] → 84.14% (-3.87%) [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: $45 10% upside
• Avg. target: $65 59% upside
• High target: $95 132% upside

6 analyst ratings

• positive: 1 17%
• neutral: 4 67%
• negative: 1 17%

Barclays Brandon Oglenski 28% 1-year accuracy 21 / 75 met price target	47% upside $60	Equal-Weight Maintained	8 Apr 2025
UBS Thomas Wadewitz 16% 1-year accuracy 6 / 38 met price target	10% upside $45	Neutral Maintained	7 Apr 2025
Susquehanna Christopher Stathoulopoulos 50% 1-year accuracy 9 / 18 met price target	22% upside $50	Neutral Maintained	7 Apr 2025
B of A Securities Andrew Didora 67% 1-year accuracy 12 / 18 met price target	22% upside $50	Underperform Maintained	3 Apr 2025
Raymond James Savanthi Syth 5% 1-year accuracy 1 / 20 met price target	120% upside $90	Strong Buy Upgraded	2 Apr 2025