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Allegiant (ALGT)

(Delayed Data from NSDQ)

$43.07 USD

43.07
268,869

+0.46 (1.08%)

Updated Aug 27, 2024 03:59 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value F Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 10% (226 out of 251)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

Air Lease (AL) to Report Q2 Earnings: What's in the Cards?

Air Lease's (AL) second-quarter 2023 revenues are expected to have benefited from continuous growth in the company's fleet.

What's in the Cards for Expeditors (EXPD) in Q2 Earnings?

Lackluster revenues and volumes are likely to have affected Expeditors' (EXPD) performance in Q2.

JetBlue Airways (JBLU) Beats Q2 Earnings Estimates

JetBlue (JBLU) delivered earnings and revenue surprises of 12.50% and 0.04%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

What's in Store for Global Ship Lease (GSL) in Q2 Earnings?

A decline in fuel costs is likely to have aided Global Ship Lease's (GSL) bottom line in Q2.

Maharathi Basu headshot

Airline Stock Roundup: ALK, LUV, RYAAY and HA's Earnings Beat

Alaska Air (ALK) and Southwest Airlines' (LUV) Q2 results benefit from an upbeat air-travel demand scenario.

What's in Store for Joby Aviation (JOBY) in Q2 Earnings?

High R&D costs are likely to have hurt Joby Aviation's (JOBY) bottom line in Q2.

What's in the Offing for Allegiant (ALGT) in Q2 Earnings?

Improving air-travel demand is likely to aid Allegiant (ALGT) second-quarter 2023 results.

Allegiant Travel (ALGT) Reports Next Week: Wall Street Expects Earnings Growth

Allegiant Travel (ALGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FedEx's (FDX) Pilots Vote Against Provisional Agreement

Following the adverse voting outcome, negotiations between FedEx's (FDX) pilots' union and the company, under the supervision of the National Mediation Board, are likely.

Allegiant (ALGT) Shares Rise 88.5% in YTD Period: Here's Why

Allegiant's (ALGT) scheduled departures for June 2023 increase 2.3% year over year.

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Airline Stock Roundup: AAL & UAL's Q2 Earnings Beat, ALGT's June Traffic & More

American Airlines (AAL) and United Airlines' (UAL) Q2 results benefit from the upbeat air-travel demand scenario.

Allegiant Travel (ALGT) Outpaces Stock Market Gains: What You Should Know

Allegiant Travel (ALGT) closed at $128.51 in the latest trading session, marking a +1.06% move from the prior day.

FedEx (FDX) Picks New CFO, Incumbent Michael Lenz to Retire

FedEx (FDX) management hopes that the appointment of vastly experienced Dietrich as CFO will aid the company's restructuring plan.

Here's Why Investors Should Hold Hawaiian Holdings (HA) Now

Solid air-travel demand boost Hawaiian Holdings (HA). However, low liquidity is worrisome.

Ryder (R) Rewards Shareholders With 14.5% Dividend Hike

Ryder (R) has rewarded its stockholders with a dividend hike of 14.5% in its quarterly dividend, taking the total to 71 cents per share.

Allegiant Travel (ALGT) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Allegiant Travel (ALGT) closed at $125.99, marking a -1.66% move from the previous day.

Delta (DAL) Q2 Earnings Beat Estimates, Posts Upbeat FY23 View

Passenger revenues surge 21% year over year at Delta (DAL) in Q2.

Is Air Canada (ACDVF) Stock Outpacing Its Transportation Peers This Year?

Here is how Air Canada (ACDVF) and Allegiant Travel (ALGT) have performed compared to their sector so far this year.

Here's Why You Should Retain United Airlines (UAL) Stock Now

Buoyant air-travel demand and fleet-modernization techniques boost United Airlines (UAL).

Should Value Investors Buy Allegiant (ALGT) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Alaska Air (ALK) Reaches 52-Week High: What's Driving It?

Alaska Air (ALK) benefits from the upbeat air-travel demand.

Here's Why You Should Hold Knight-Swift (KNX) in Portfolio Now

Pro-investor steps and deal to acquire U.S. Xpress Enterprises boost Knight-Swift (KNX). However, low freight demand is a concern.

Is a Beat in Store for Delta Air Lines (DAL) in Q2 Earnings?

Solid travel demand is likely to aid Delta Air Lines' (DAL) second-quarter 2023 results.

Why Allegiant Travel (ALGT) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why You Should Sell Air Transport Services (ATSG) Now

High fuel costs and a reduction in the use of cargo aircraft hurt Air Transport Services (ATSG).