ALGT stock icon

Allegiant Air
ALGT

$49.71
1.26%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1% more call options, than puts

Call options by funds: $24M | Put options by funds: $23.8M

0% more funds holding

Funds holding: 210 [Q4 2023] → 210 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 38

3.3% less ownership

Funds ownership: 84.12% [Q4 2023] → 80.82% (-3.3%) [Q1 2024]

13% less capital invested

Capital invested by funds: $1.28B [Q4 2023] → $1.11B (-$168M) [Q1 2024]

35% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 80

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$45
9%
downside
Avg. target
$66
33%
upside
High target
$100
101%
upside

10 analyst ratings

positive
10%
neutral
80%
negative
10%
Barclays
Brandon Oglenski
9%downside
$45
Equal-Weight
Maintained
10 Jul 2024
Morgan Stanley
Ravi Shanker
75%upside
$87
Equal-Weight
Maintained
8 Jul 2024
Deutsche Bank
Michael Linenberg
7%upside
$53
Hold
Downgraded
8 Jul 2024
TD Cowen
Helane Becker
21%upside
$60
Hold
Maintained
15 May 2024
Barclays
Brandon Oglenski
11%upside
$55
Equal-Weight
Maintained
9 May 2024

Financial journalist opinion

Based on 5 articles about ALGT published over the past 30 days