Allegiant AirALGT
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 filings by fund managers ($100M+ AUM)
67% more call options, than puts
Call options by funds: $26.1M | Put options by funds: $15.7M
63% more capital invested
Capital invested by funds: $884M [Q3] → $1.44B (+$560M) [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]
3.99% less ownership
Funds ownership: 88.12% [Q3] → 84.14% (-3.99%) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 64
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Morgan Stanley Ravi Shanker 27% 1-year accuracy 7 / 26 met price target | 75%upside $95 | Equal-Weight Maintained | 6 Feb 2025 |
B of A Securities Andrew Didora 71% 1-year accuracy 12 / 17 met price target | 75%upside $95 | Underperform Maintained | 17 Jan 2025 |
Barclays Brandon Oglenski 38% 1-year accuracy 25 / 66 met price target | 84%upside $100 | Equal-Weight Maintained | 16 Jan 2025 |
Goldman Sachs Catherine O'Brien 50% 1-year accuracy 4 / 8 met price target | 70%upside $92 | Neutral Maintained | 14 Jan 2025 |
Susquehanna Christopher Stathoulopoulos 57% 1-year accuracy 12 / 21 met price target | 94%upside $105 | Neutral Maintained | 7 Jan 2025 |
Financial journalist opinion
Based on 9 articles about ALGT published over the past 30 days
