Allegiant Travel Company (ALGT)
Why Fast-paced Mover Allegiant Travel (ALGT) Is a Great Choice for Value Investors
Allegiant Travel (ALGT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Allegiant Travel price target raised to $100 from $65 at Evercore ISI
Evercore ISI raised the firm's price target on Allegiant Travel to $100 from $65 and keeps an In Line rating on the shares. Across the firm's airlines and lodging coverage, the analyst believes the post-election demand pickup was "quicker and stronger vs. initial expectations" and that the compressed period between Thanksgiving and peak Holidays, combined with a dose of late-year corporate travel, also likely contributed to stronger outcomes, says the analyst as the firm adjusting airline estimates and rolling its price targets to a 2026 basis.
Allegiant Gains 66% in 3 Months: What Should Investors Do Now?
With ALGT's shares appreciating lately, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.
Allegiant Issues Bullish Q4 View on Upbeat Air-Travel Demand
Strong air-travel demand and fleet additions represent the major tailwinds of ALGT.
S&P 600 rally to cool but these six small-cap stocks could continue to grow
Small-cap stocks have enjoyed a stellar 2024, with the S&P 600 index soaring more than 14% year-to-date, driven by optimism surrounding President-elect Donald Trump's fiscal policies. This performance marked a significant milestone for the index, which recently closed at a record high of 1,544.
Allegiant Travel (ALGT) Up 24.6% Since Last Earnings Report: Can It Continue?
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
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.
Allegiant October 2024 Traffic Numbers Declines Year Over Year
ALGT reports a load factor of 78.5% for October 2024.
Allegiant Travel's Third-Quarter Loss Wider Than Expected
Allegiant Travel's third-quarter revenues decline 0.6% year over year as passenger revenues fall.
Allegiant Travel Company (ALGT) Q3 2024 Earnings Call Transcript
Allegiant Travel Company (NASDAQ:ALGT ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Sherry Wilson - Managing Director-Investor Relations Greg Anderson - President and Chief Executive Officer Drew Wells - Chief Commercial Officer Robert Neal - Chief Financial Officer Micah Richins - President-Sunseeker Resorts Conference Call Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Thomas Fitzgerald - TD Cowen Katherine Kallergis - Morgan Stanley Brandon Oglenski - Barclays Andrew Didora - Bank of America Michael Linenberg - Deutsche Bank Dan McKenzie - Seaport Global Operator Thank you for standing by. My name is Mandeep, and I'll be your operator today.
Allegiant Travel (ALGT) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Allegiant Travel (ALGT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Allegiant Travel (ALGT) Reports Q3 Loss, Tops Revenue Estimates
Allegiant Travel (ALGT) came out with a quarterly loss of $2.02 per share versus the Zacks Consensus Estimate of a loss of $1.85. This compares to earnings of $0.09 per share a year ago.
