에 대한 최신 뉴스 Allegiant Travel (NASDAQ:ALGT) 주식

Allegiant Travel

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.

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항공사들의 주식은 주가, 업계 기대치 및 실적의 급격한 변동으로 인해 한 해 동안 격동의 시기를 견뎌왔다. 최근 항공사들의 내부 거래를 보면 이 업계가 다음 방향으로 나아갈 방향을 알 수 있다.

항공사들은 도약할까, 아니면 정체될까? 내부자 거래가 말하는 업계의 미래

Allegiant Travel Co

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 51 Cities

News

Reported Earlier, Allegiant Expands Nationwide With 44 Routes And $39 Fares, Adding Gulf Shores, Columbia, And Colorado Springs

Goldman Sachs analyst Catherine O'Brien reinstates Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Neutral and announces $83 price target.

Price Target

Initiation

Analyst Ratings

Goldman Sachs Reinstates Neutral on Allegiant Travel, Announces $83 Price Target

During the last three months, 6 analysts shared their evaluations of Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>), revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $57.83, along with a high estimate of $75.00 and a low estimate of $42.00. This upward trend is apparent, with the current average reflecting a 22.6% increase from the previous average price target of $47.17.
<img src="https://www.benzinga.com/files/images/story/2024/1731607242_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Allegiant Travel. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brandon Oglenski</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Brandon Oglenski</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$50.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$55.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$42.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$65.00</td>
<td>$60.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Allegiant Travel. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Allegiant Travel compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Allegiant Travel's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Allegiant Travel's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ALGT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Allegiant Travel analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind Allegiant Travel</h2>
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.
<h3>Financial Insights: Allegiant Travel</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Allegiant Travel's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -0.56%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -6.54%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Allegiant Travel's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -2.79%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Allegiant Travel's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.76%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.75, Allegiant Travel adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: Simplified</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 6 Analysts Discuss Allegiant Travel Stock

Barclays analyst Brandon Oglenski maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Equal-Weight and raises the price target from $50 to $75.

Barclays Maintains Equal-Weight on Allegiant Travel, Raises Price Target to $75

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Shares of companies within the broader industrial sector are trading higher after Donald Trump won the 2024 presidential election.

Susquehanna analyst Christopher Stathoulopoulos maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Neutral and raises the price target from $55 to $60.

Susquehanna Maintains Neutral on Allegiant Travel, Raises Price Target to $60

Barclays analyst Brandon Oglenski maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Equal-Weight and raises the price target from $45 to $50.

Barclays Maintains Equal-Weight on Allegiant Travel, Raises Price Target to $50

General

Allegiant Travel shares are trading lower after the company reported worse-than-expected Q3 financial results.

Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) reported quarterly losses of $(2.05) per share which missed the analyst consensus estimate of $(1.93) by 6.22 percent. The company reported quarterly sales of $562.20 million which missed the analyst consensus estimate of $565.08 million by 0.51 percent. This is a 0.56 percent decrease over sales of $565.36 million the same period last year.

Earnings

Earnings Misses

Allegiant Travel Q3 2024 Adj EPS $(2.05) Misses $(1.93) Estimate, Sales $562.20M Miss $565.08M Estimate

As global airlines navigate shifting demand and rising operational costs, many are scaling back flights to China or pulling out entirely.
<a target="_blank" href="https://www.cnbc.com/2024/10/25/china-sees-global-airlines-cut-flights-or-quit-totally-amid-weak-demand.html" rel="noreferrer noopener">According to CNBC</a>, Virgin Atlantic and Scandinavian Airlines have withdrawn from the Chinese market, citing high costs on extended routes and reduced demand.
Following the closure of Russian airspace, European carriers face increased expenses on longer routes to Asia, while Chinese airlines, unaffected by these restrictions, maintain direct and cheaper flights.
In response, European airlines are reallocating resources to more profitable routes. British Airways, for instance, has seen higher load factors on flights to Cape Town compared to those to China, CNBC writes.
While the closure of Russian airspace adds costs, weak demand stemming from China's economic slowdown and limited international interest in travel to China has also prompted these shifts.
A few days ago, reports emerged that <a target="_blank" href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco" rel="noreferrer noopener">China plans to issue 6 trillion yuan ($850 billion)</a> in special treasury bonds over the next three years to stimulate its slowing economy and help local governments manage hidden debt.
While hints of fiscal support initially lifted investor sentiment, the absence of a comprehensive economic package has disappointed traders, leading to a recent downturn in U.S.-listed Chinese stocks.
U.S. airlines are also scaling back services to China but maintain minimal routes to preserve market presence.
Chinese carriers are near pre-pandemic capacity internationally (90%), while foreign airlines have reduced to 60% of 2019 levels, often attributing this to overcapacity and competition.
Meanwhile, Middle Eastern carriers, such as Emirates and Gulf Air, continue expanding routes to China, while flights from India and the U.S. remain limited due to political and regulatory challenges.
With demand low and facing route restrictions, U.S. airlines have redirected capacity within the Asia-Pacific region, urging the U.S. government to cap Chinese carriers' access and restore competitive balance, <a target="_blank" href="https://www.asiafinancial.com/less-foreign-airlines-flying-to-china-as-local-carriers-expand" rel="noreferrer noopener">mentioned Asia Financial</a>.
The trouble for U.S.-based carriers doesn't end at low demand from China. The <a target="_blank" href="https://www.benzinga.com//node/41524809" rel="noreferrer noopener">structural issues</a> with Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) have led to delayed aircraft deliveries, affecting capacity expansion.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/41533977" rel="noreferrer noopener">Boeing Reports $6B Q3 Loss: ‘This Is The Bottom,' Says Analyst</a>
Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) shares fell Thursday despite the airline reporting better-than-expected third-quarter earnings and reaching a pivotal agreement with activist investor Elliott Investment Management.
While the Elliott deal <a href="https://www.benzinga.com/news/earnings/24/10/41523606/southwest-shares-drop-despite-strong-earnings-elliott-deal-ceo-warns-of-boeing-delivery-delays-if-s" target="_blank" rel="noreferrer noopener">resolves internal management</a> issues, Southwest still faces external challenges related to the Boeing strike. Southwest CEO Bob Jordan told CNBC that the ongoing strike at represents a potential risk to aircraft deliveries planned for 2025.
Photo via Shutterstock

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Trouble For US Airlines: China Demand Slump, Boeing Strike, Global Carriers Shifting Focus

Hurricane Milton has wreaked havoc on the state of Florida and closed multiple airports in the region, leading to thousands of flight cancellations <a href="https://www.benzinga.com/topic/hurricane-milton">due to the hurricane.</a>
Flight Cancellations: The airline sector is <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41254312/hurricane-milton-descends-on-florida-analysts-warn-of-impact-on-disney-nexteras-flo">one of many </a>that could experience a short-term and long-term negative impact from the destruction of Hurricane Milton, which made landfall in Florida Wednesday night.
Over 3,000 flights have been canceled and delayed as of Thursday morning, <a href="https://www.nbcnews.com/weather/hurricanes/live-blog/hurricane-milton-live-updates-rcna174774">according </a>to NBC News. Reporter Tom Costello said the number could grow as the airports closed in Florida are having a ripple effect on other airports across the nation.
NBC showed the following airports in Florida closed:
<ul>
<li>St. Petersburg/Clearwater (PIE)</li>
<li>Tampa (TPA)</li>
<li>Orlando (MCO)</li>
<li>Southwest Florida (in Fort Myers) (RSW)</li>
<li>Sarasota Bradenton (SRQ)</li>
<li>Palm Beach (PBI)</li>
</ul>
Costello noted that while other Florida airports such as Miami are open, the hurricane is causing cancellations and delays at that airport. The Flightaware Misery Map <a href="https://www.flightaware.com/miserymap/">showed </a>Miami as the airport with the most cancellations and delays Thursday among open airports.
The airport closures come ahead of Monday's Columbus Day holiday and during the High Holy Days, which make for a busy travel week.
Costello said he expects the airports to be open by the weekend and back to normal operations.
"The big variable is going to be how much damage these individual airports have suffered," Costello said.
The Tampa International Airport <a href="https://news.tampaairport.com/tpa-damage-assessments-underway-following-hurricane-milton/">said </a>Thursday it was conducting an "assessment of conditions" at the airport and airfield to determine when it could "safely reopen."
Read Also: <a href="https://www.benzinga.com/news/24/10/41266095/hurricane-milton-knocks-out-power-for-over-2m-in-florida-nextera-energy-duke-energy-and-tampa-electr">Hurricane Milton Knocks Out Power For Over 2M In Florida, NextEra Energy, Duke Energy, And Tampa Electric Report Major Outages</a>
Companies Most Impacted: Airline companies throughout the U.S. are likely to be negatively impacted from Hurricane Milton with cancellations and delays leading to refunds and vouchers.
The Orlando airport is the busiest impacted and could have the largest affect on airlines. The airport served 57.7 million passengers in 2023, ranking first in Florida and seventh in the U.S., as <a href="https://simpleflying.com/orlando-airport-top-airlines/">reported </a>by Simple Flying.
According to the report, these are the largest airlines for the airport based on market share:
<ol>
<li>Southwest Airlines Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>): 25%</li>
<li>Spirit Airlines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>): 14%</li>
<li>Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>): 12%</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>): 11%</li>
<li>Frontier Group Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ulcc#NASDAQ">ULCC</a>): 10%</li>
<li>American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>): 9%</li>
<li>United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>): 7%</li>
</ol>
These seven airlines could see the biggest impact from the Orlando airport closing. The airports in Tampa and Southwest Florida (Fort Myers) also rank among the busiest airports in Florida.
Other large operators at Florida airports include Allegiant Travel Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) and Sun Country Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNCY#NASDAQ">SNCY</a>), although these airlines could be less impacted by the hurricane and the flight cancellations.
Investors should also monitor the U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>), which tracks the overall airline sector and could be highly volatile if the airports face extended closures and cancellations.
The impact on Spirit Airlines could be particularly noteworthy as the company is <a href="https://www.benzinga.com/news/24/10/41182466/spirit-airlines-drops-over-40-amid-bankruptcy-discussions">reportedly exploring bankruptcy. </a>
Read Next: 
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<li><a href="https://www.benzinga.com/general/social-media/24/10/41260997/white-house-joins-reddit-once-a-waffle-house-idea-now-source-for-critical-information-and-hu">White House Joins Reddit: Once A Waffle House Idea, Now Source For &#8216;Critical Information&#8217; And Hurricane Milton Updates</a></li>
</ul>
Photo: Tampa International Airport, photo by Feng Cheng via Shutterstock

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Hurricane Milton Closes Multiple Florida Airports, Over 3,000 Flights Canceled And Delayed: 10 Airline Stocks That Could Be Hit Hardest

Susquehanna analyst Christopher Stathoulopoulos maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Neutral and raises the price target from $40 to $55.

Susquehanna Maintains Neutral on Allegiant Travel, Raises Price Target to $55

Airline stocks have endured a <a href="https://www.benzinga.com/news/24/10/41124443/whats-going-on-with-delta-united-and-spirit-airlines-shares-tuesday">year of turbulence</a>, reflected by wild swings in share price, industry expectations and earnings. Recent insider trades of airline companies could indicate where the industry will head next.
The Trades: <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga Edge compiles information </a>on insider trade filings.
Southwest Airlines Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) experienced a <a href="https://www.benzinga.com/markets/equities/24/10/41156975/southwest-airlines-director-rakesh-gangwal-invests-over-100m-in-shares-amid-elliott-managements-">flurry of insider activity</a> in recent days. Director Rakesh Gangwal invested over $100,000,000 in Southwest shares in late September and early October. Executive Chairman Gary C Kelly <a href="https://www.benzinga.com/quote/LUV/insider-trades">bought $1,000,000 of Southwest</a> shares in late September.
Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) is the largest American airline company. The Atlanta-based giant experienced several insider sales in early 2024. President Glen W Hauenstein sold $4,904,600 in Delta stock in April, over 30% of his total holding. Executive Vice President Peter W Carter sold $2,500,000 of Delta shares that month, over 25% of his position.
Delta has experienced a volatile year. Its share price rose over 30% from January to mid-May, but a subsequent drawdown erased much of its gains. A recovery followed from August to late September.
Several Allegiant Travel Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) executives <a href="https://www.benzinga.com/quote/ALGT/insider-trades">have sold shares</a> in 2024. Chief Marketing Officer Scott DeAngelo sold over $1,000,000 in Allegiant stock in May. DeAngelo has since <a href="https://ir.allegiantair.com/news/news-details/2024/Allegiant-Announces-Resignation-of-Executive-Vice-President-and-Chief-Marketing-Officer-Scott-DeAngelo/default.aspx">resigned</a> from the company. Chief Operating Officer Frank Wilper and Director Gary Ellmer also made sales in the spring and summer.
Why it Matters: Insider trading activity is often viewed as a valuable indicator of a company's future prospects. When top executives or board members buy or sell shares, it can signal their confidence—or lack thereof—in the company's performance. In the case of airline stocks, this insider movement may be especially relevant as the industry navigates a turbulent environment marked by fluctuating demand, rising fuel costs, and post-pandemic recovery.
For investors, tracking these insider trades provides a critical lens into how industry leaders perceive future risks and opportunities, which can guide their own strategies in an increasingly volatile market.
Also Read:
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<li><a href="https://www.benzinga.com/general/sports/24/09/41053573/hurricane-helene-disrupts-flights-sports-events-disney-operations-affected-regions-stocks-to-watch">Hurricane Helene Disrupts Flights, Sports Events, Disney Operations: Affected Regions, Stocks To Watch</a></li>
</ul>
Photo: Tupungato/Shutterstock.com

Will Airlines Soar Or Stall? What Insider Trades Say About Industry's Future

TD Cowen analyst Helane Becker maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Hold and raises the price target from $33 to $42.

TD Cowen Maintains Hold on Allegiant Travel, Raises Price Target to $42

Ratings for Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Allegiant Travel, revealing an average target of $53.0, a high estimate of $87.00, and a low estimate of $33.00. Experiencing a 18.32% decline, the current average is now lower than the previous average price target of $64.89. 
<img src="https://www.benzinga.com/files/images/story/2024/1727960420_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Allegiant Travel. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$65.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$33.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$39.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$55.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$60.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Brandon Oglenski</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$45.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$87.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Michael Linenberg</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$53.00</td>
<td>$75.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Allegiant Travel. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Allegiant Travel compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Allegiant Travel's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Allegiant Travel's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ALGT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Allegiant Travel analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About Allegiant Travel</h2>
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.
<h3>Breaking Down Allegiant Travel's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Negative Revenue Trend: Examining Allegiant Travel's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -2.56% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Allegiant Travel's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 2.01%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Allegiant Travel's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.01%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.27%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Allegiant Travel's debt-to-equity ratio is below the industry average at 1.74, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: What Are They?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For Allegiant Travel

Evercore ISI Group analyst Duane Pfennigwerth maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a In-Line and raises the price target from $60 to $65.

Evercore ISI Group Maintains In-Line on Allegiant Travel, Raises Price Target to $65

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3 class="wp-block-heading">Copa Holdings, S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPA#NYSE">CPA</a>)</h3>
<ul>
<li>Dividend Yield: 7.27%</li>
<li>Deutsche Bank analyst Michael Linenberg maintained a Buy rating and cut the price target from $145 to $130 on Aug. 8. This analyst has an accuracy rate of 76%.</li>
<li>Raymond James analyst Savanthi Syth maintained a Strong Buy rating and raised the price target from $165 to $168 on May 17. This analyst has an accuracy rate of 64%.</li>
<li>Recent News: On Aug. 7, Copa Holdings posted upbeat quarterly earnings.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://pro.benzinga.com/dashboard"> latest CPA news</a></li>
</ul>
<h3 class="wp-block-heading">Allegiant Travel Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>)</h3>
<ul>
<li>Dividend Yield: 5.91%</li>
<li>Barclays analyst Brandon Oglenski maintained an Equal-Weight rating and cut the price target from $55 to $45 on July 10. This analyst has an accuracy rate of 61%.</li>
<li>Deutsche Bank analyst Michael Linenberg downgraded the stock from Buy to Hold and cut the price target from $75 to $53 on July 8. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: Allegiant announced the resignation of Executive Vice President and Chief Marketing Officer Scott DeAngelo.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://pro.benzinga.com/dashboard">trend in ALGT stock.</a></li>
</ul>
<h3 class="wp-block-heading">Karat Packaging Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRT#NASDAQ">KRT</a>)</h3>
<ul>
<li>Dividend Yield: 5.78%</li>
<li>Truist Securities analyst Jake Bartlett downgraded the stock from Buy to Hold and slashed the price target from $34 to $28 on Aug. 9. This analyst has an accuracy rate of 74%.</li>
<li>Stifel analyst Michael Hoffman reiterated a Buy rating and increased the price target from $30 to $32 on March 15. This analyst has an accuracy rate of 82%.</li>
<li>Recent News: On Aug. 8, Karat Packaging reported worse-than-expected second-quarter financial results.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in<a href="https://pro.benzinga.com/dashboard"> KRT shares.</a></li>
</ul>

<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<li><a href="https://www.benzinga.com/markets/equities/24/09/40767657/s-p-500-records-largest-weekly-decline-since-march-2023-as-nvidia-google-tumble-fear-greed-index">S&amp;P 500 Records Largest Weekly Decline Since March 2023 As Nvidia, Google Tumble: Fear &amp; Greed Index Moves To &#8216;Fear&#8217; Zone</a></li>
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Pre-Market Outlook

Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks Delivering High-Dividend Yields

Allegiant Travel Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/algt#NASDAQ">ALGT</a>) recently reported disappointing traffic numbers for July 2024.&nbsp;
Scheduled traffic (measured in revenue passenger miles) fell 1.7% from the July 2023 levels. Capacity (measured in available seat miles) for scheduled service grew 2.4% year over year. As traffic failed to outpace capacity expansion, the load factor (percentage of seats filled by passengers) in July 2024 declined to 87.5% from 91.2% a year ago.
Total departures (scheduled services) improved 2.7% in July 2024 from a year ago. Moreover, its average stage length (miles) grew 0.3% year over year.
For the total system (including scheduled service and fixed fee contract), Allegiant carried 1.8% less passengers in July 2024 from the year-ago period. System-wide capacity expanded 3.2% in July 2024 on a year-over-year basis.
The fuel price per gallon in July 2024 is estimated to have been $2.84.
ALGT currently carries a Zacks Rank #3 (Hold).
Apart from ALGT, other airline companies who have reported traffic numbers for July 2024 are as follows.
Copa Holdings, S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cpa#NYSE">CPA</a>) reported solid traffic numbers for July 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) rose in double digits in July on a year-over-year basis. To match the demand swell, CPA is increasing its capacity. In July, available seat miles (a measure of capacity) increased 11.3% year over year. Revenue passenger miles increased 9.5% year over year. Although traffic improved on a year-over-year basis, it failed to outpace capacity expansion. As a result, the load factor (percentage of seats filled by passengers) fell to 87.6% from 89% in July 2023.
Ryanair Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ryaay#NASDAQ">RYAAY</a>), a European carrier, also reported solid traffic numbers for July 2024, driven by upbeat air-travel demand.
The number of passengers transported on Ryanair flights was 20.2 million in July 2024, reflecting an 8% year-over-year increase. RYAAY&#39;s traffic in July was much more than the June reading of 19.3 million, the May reading of 18.9 million, the April reading of 17.3 million and the March reading of 13.6 million.
The July load factor (percentage of seats filled by passengers) of 96% remained flat on a year-over-year basis. The figure was higher than the load factor of 95% reported in June as well as May, 92% reported in April 2024 and 93% reported in March 2024.
Notably, RYAAY operated more than 110,500 flights in July 2024. This marks an improvement from 106,000 flights operated in June 2024, 105,000 flights in May 2024, 98,400 flights in April 2024 and 77,000 flights in March 2024. However, almost 651 flights got canceled due to the ATC (air traffic control) delays.
<a href="https://www.zacks.com/stock/news/2325255/allegiant-algt-posts-unimpressive-july-traffic-numbers?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2325255">To read this article on Zacks.com click here.</a>

Large Cap

Mid Cap

RYAAY

Allegiant Posts Unimpressive July Traffic Numbers

8 analysts have expressed a variety of opinions on Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Allegiant Travel, revealing an average target of $51.5, a high estimate of $87.00, and a low estimate of $33.00. This current average represents a 21.37% decrease from the previous average price target of $65.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1723820423_0_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A comprehensive examination of how financial experts perceive Allegiant Travel is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$33.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$39.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$55.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$60.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Brandon Oglenski</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$45.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$87.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Michael Linenberg</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$53.00</td>
<td>$75.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Allegiant Travel. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Allegiant Travel compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Allegiant Travel's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Allegiant Travel's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/ALGT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Allegiant Travel analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering Allegiant Travel: A Closer Look</h2>
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.
<h3>Key Indicators: Allegiant Travel's Financial Health</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Allegiant Travel's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -2.56% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 2.01%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Allegiant Travel's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.01%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Allegiant Travel's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.27%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.74.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 8 Analyst Recommendations For Allegiant Travel

Susquehanna analyst Christopher Stathoulopoulos maintains Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) with a Neutral and lowers the price target from $55 to $40.

Susquehanna Maintains Neutral on Allegiant Travel, Lowers Price Target to $40

In a report released today, Andrew Didora from Bank of America Securities maintained a Sell rating on Allegiant Travel Company (ALGT – Research Rep...

Allegiant Travel Company (ALGT) Gets a Sell from Bank of America Securities

CPI read: Airfares track higher for the third month in a row

Seaport Research raised the firm's price target on Allegiant Travel (ALGT) to $90 from $75 and keeps a Buy rating on the shares. The firm expects t...

Allegiant Travel price target raised to $90 from $75 at Seaport Research

Barclays analyst Brandon Oglenski raised the firm's price target on Allegiant Travel (ALGT) to $75 from $50 and keeps an Equal Weight rating on the...

Allegiant Travel price target raised to $75 from $50 at Barclays

Goldman Sachs analyst Catherine O'Brien resumed coverage of Allegiant Travel (ALGT) with a Neutral rating and $83 price target The firm is forecast...

Allegiant Travel resumed with a Neutral at Goldman Sachs

Reports October: Passengers down 17%; Capacity down 10.2%; Load Factor down 5.2 pts; Departures down 10.7%. All metrics reported on a year-over-yea...

Allegiant Travel reports preliminary October traffic down 15.7% y/y

Flying High or Turbulent Skies? Airline industry faces crosswinds from delivery delays and corporate demand

Allegiant reports 17% Y/Y fall in October passengers

Airline sector jolted by Spirit Airlines' bankruptcy

Allegiant Travel (ALGT) announced 44 new nonstop routes, including eleven routes to three new cities: Gulf Shores, Alabama, Colorado Springs, Color...

Allegiant Travel announces new 44 new nonstop routes

MESA

Press Releases

Allegiant Claims Top Spot in USA TODAY's Readers' Choice Awards for Best Airline Credit Card and Best Frequent Flyer Program

Allegiant Reports July 2024 Traffic

Allegiant Announces Resignation of Executive Vice President and Chief Marketing Officer Scott DeAngelo

Allegiant Reports August 2024 Traffic

Allegiant Releases 2023 Sustainability Report

ALLEGIANT TRAVEL COMPANY SCHEDULES THIRD QUARTER 2024 EARNINGS CALL

Allegiant Reports September 2024 Traffic

ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2024 FINANCIAL RESULTS

Allegiant Reports October 2024 Traffic

Allegiant Ties Record for Largest Expansion in Company History with 44 New Nonstop Routes, plus 3 New Cities

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Wheels Up Experience Inc. Class A Common Stock

Wheels Up Experience

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates

Controladora Vuela

Goldman Sachs

Barclays

Susquehanna

TD Cowen

Evercore ISI Group

항공사들의 주식은 주가, 업계 기대치 및 실적의 급격한 변동으로 인해 한 해 동안 <a href="https://www.benzinga.com/news/24/10/41124443/whats-going-on-with-delta-united-and-spirit-airlines-shares-tuesday" target="_blank" rel="noopener" data-google-interstitial="false">격동의 시기</a>를 견뎌왔다. 최근 항공사들의 내부 거래를 보면 이 업계가 다음 방향으로 나아갈 방향을 알 수 있다.
거래들: <a href="https://www.benzinga.com/sec/insider-trades/">벤징가 엣지(Benzinga Edge)는 내부자 거래 신고에 대한 정보를 수집</a>한다.
사우스웨스트 항공(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>)은 최근 며칠간 <a href="https://www.benzinga.com/markets/equities/24/10/41156975/southwest-airlines-director-rakesh-gangwal-invests-over-100m-in-shares-amid-elliott-managements-">내부자 활동이 활발하게 발생</a>했다. 이사회 위원 라케시 강왈(Rakesh Gangwal)은 9월 말과 10월 초에 사우스웨스트 주식에 1억 달러 이상을 투자했다. 게리 켈리(Gary C Kelly) 회장은 9월 말에 사우스웨스트 주식에 100만 달러를 매입했다.
델타항공(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>)은 가장 큰 미국 항공사이다. 애틀랜타에 본사를 둔 이 거대 기업은 2024년 초 여러 내부자 매도를 경험했다. 글렌 W 하우엔스타인(Glen W Hauenstein) 사장은 4월에 490만 달러 상당의 델타 주식을 매각했으며, 이는 그의 총 보유량의 30% 이상에 해당한다. 피터 W 카터(Peter W Carter) 부사장도 같은 달에 250만 달러 상당의 델타 주식을 매도했다.
델타는 변동성이 큰 한 해를 겪었다. 1월부터 5월 중순까지 주가가 30% 이상 상승했으나, 이후 하락세로 인해 대부분의 상승폭이 사라졌다. 8월부터 9월 말까지 다시 회복세를 보였다.
여러 얼리전트 트래블 컴퍼니(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) 임원들이 2024년에 <a href="https://www.benzinga.com/quote/ALGT/insider-trades">주식을 매도</a>했다. 스캇 디안젤로(Scott DeAngelo) 마케팅 부사장은 5월에 얼리전트(Allegiant) 주식 100만 달러 이상을 매도했다. 이후 디안젤로는 <a href="https://ir.allegiantair.com/news/news-details/2024/Allegiant-Announces-Resignation-of-Executive-Vice-President-and-Chief-Marketing-Officer-Scott-DeAngelo/default.aspx">회사를 사임</a>했다. 프랭크 윌퍼(Frank Wilper) COO와 게리 엘머(Gary Ellmer) 이사도 봄과 여름에 주식을 매도했다.
중요한 이유 (Why it Matters): 내부자 거래 활동은 종종 회사의 미래 전망을 나타내는 중요한 지표로 여겨진다. 고위 임원이나 이사들이 주식을 매매할 때, 이는 회사 실적에 대한 그들의 신뢰 &#8211; 또는 신뢰 부족 &#8211; 을 나타낼 수 있다. 항공사 주식의 경우, 이러한 내부자 움직임은 수요 변동, 연료 비용 상승 및 팬데믹 이후 회복이라는 불안정한 환경을 항공사가 탐색하는 가운데 특히 관련성이 있을 수 있다.
투자자들에게 이러한 내부자 거래를 추적하는 것은 업계 리더들이 미래의 위험과 기회를 어떻게 인식하는지를 파악할 수 있는 중요한 시각을 제공하며, 이는 점점 더 변동성이 큰 시장에서 그들의 전략을 안내할 수 있다.
추가 읽기:
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/09/41053573/hurricane-helene-disrupts-flights-sports-events-disney-operations-affected-regions-stocks-to-watch">허리케인 헬렌이 항공편, 스포츠 이벤트, 디즈니 운영에 미친 영향: 영향을 받은 지역, 주목할 주식</a></li>
</ul>
이미지 출처: Tupungato/Shutterstock.com
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Allegiant Travel

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에 대한 최신 뉴스 Allegiant Travel (NASDAQ:ALGT) 주식

금요일, 10월 04, 2024

사람들이 또한 지켜본다

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