Allegiant Air (ALGT)

• Market cap: $932M
• 1 day: -4.92%
• 5 days: -13.62%
• 1 month: -12.50%
• 3 months: -4.56%
• 6 months: -39.87%
• Year to date: -44.48%
• 1 year: -6.18%
• 5 years: -55.31%
• 10 years: -68.78%
• 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: 6,057

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

345% more call options, than puts

Call options by funds: $25.1M | Put options by funds: $5.63M

63% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 32

12% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 66

9.55% more ownership

Funds ownership: 83.64% [Q4 2024] → 93.19% (+9.55%) [Q1 2025]

7% more funds holding

Funds holding: 204 [Q4 2024] → 219 (+15) [Q1 2025]

39% less capital invested

Capital invested by funds: $1.44B [Q4 2024] → $883M (-$561M) [Q1 2025]

60% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2024] → 2 (-3) [Q1 2025]

Research analyst outlook

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

• Low target: $50 2% downside
• Avg. target: $63 23% upside
• High target: $85 67% upside

6 analyst ratings

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

Morgan Stanley Ravi Shanker	67% upside $85	Equal-Weight Maintained	19 May 2025
UBS Thomas Wadewitz	18% upside $60	Neutral Maintained	13 May 2025
Barclays Brandon Oglenski	2% upside $52	Equal-Weight Maintained	8 May 2025
Raymond James Savanthi Syth	57% upside $80	Strong Buy Reiterated	7 May 2025
Susquehanna Christopher Stathoulopoulos	2% downside $50	Neutral Maintained	7 Apr 2025