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Allegiant (ALGT)

(Delayed Data from NSDQ)

$48.07 USD

48.07
241,828

-1.20 (-2.44%)

Updated Jul 24, 2024 04:00 PM ET

After-Market: $48.05 -0.02 (-0.04%) 6:14 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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4-Sell of 5       4  

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 C Growth C Momentum A 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 12% (221 out of 250)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

Air Lease (AL) Rides on Fleet Growth, Rising Expenses Ail

While constant growth in the company's fleet aids Air Lease (AL), rising operating expenses might weigh on its bottom line.

Matson (MATX) Rewards Shareholders With 3.2% Dividend Hike

Matson (MATX) has a solid dividend growth track record over the past five years.

Southwest (LUV) & AMFA Ink Tentative Agreement for Mechanics

The implementation of the provisional deal inked by Southwest (LUV) and mechanics' labor union is subject to a favorable voting outcome.

Here's Why Investors Should Buy Triton (TRTN) Stock Now

Triton's (TRTN) efforts to reward shareholders and a good liquidity position look encouraging.

Sanjana Goswami headshot

3 Airline Stocks Up 10% Year to Date With More Upside Potential

Considering the buoyant scenario of air travel demand, both domestic and international, investing in airline stocks like CPA, ALGT and ALK can be a prudent move.

Here's Why Investors May Bet on Alaska Air (ALK) Stock Now

Alaska Air Group (ALK) is gaining from robust air-travel demand and expects to boost its fleet and workforce in 2023 to meet the high demand.

Here's Why Investors Should Buy Allegiant (ALGT) Stock Now

Rising air-travel demand and strong cash balance are aiding Allegiant (ALGT) stock.

Zacks.com featured highlights Abcam, Maxeon Solar and Allegiant Travel

Abcam, Maxeon Solar and Allegiant Travel have been highlighted in this Screen of The Week article.

FedEx (FDX) Q4 Earnings Surpass Estimates, Revenues Miss

FedEx's (FDX) fourth-quarter fiscal 2023 earnings and revenues decline year over year.

Swayta Shah headshot

3 Stocks With Upgraded Broker Ratings for Robust Returns

As brokers have a deeper insight into stocks, one must follow rating upgrades for solid returns. We choose Abcam (ABCM), Maxeon Solar (MAXN) and Allegiant Travel (ALGT) as these witness rating upgrades.

GOL Linhas (GOL) Hits 52-Week High: What's Driving the Stock?

GOL Linhas (GOL) stock benefits from the continued recovery in air travel demand.

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3 Transportation Stocks to Add to Your Portfolio Right Now

We believe that transportation stocks like Copa Holdings (CPA), Allegiant (ALGT) and Triton (TRTN) are worth betting on now.

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Airline Stock Roundup: DAL's Dividend Resumption, ALGT's Labor Deal & More

Delta (DAL) is set to re-start paying quarterly dividends. Allegiant (ALGT) inks tentative deal with the union for its flight attendants.

Allegiant (ALGT) Posts Unimpressive May Traffic Figures

Allegiant's (ALGT) load factor in May declines 0.7 points to 85.9% from the year-ago period's levels.

Delta Air Lines (DAL) Cheers Investors With Dividend Renewal

The resumption of dividend payout by Delta Air Lines (DAL) highlights its financial bliss.

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4 Transportation Stocks That Appear to be Solid Bets for 2H23

Copa Holdings (CPA), Allegiant Travel Company (ALGT), Global Ship Lease (GSL) and Textainer Group (TGH) represent attractive investment options.

Copa Holdings, S.A. (CPA) Hit a 52 Week High, Can the Run Continue?

Copa Holdings (CPA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Here's Why You Should Retain Delta (DAL) in Portfolio Now

Rising demand for air travel boost Delta (DAL). However, escalating fuel cost is worrisome.

Here's Why You Should Retain UPS Stock in Portfolio Now

Rising demand for online shopping and a solid free cash flow boost UPS. However, increasing capital expenses are worrisome.

Southwest Airlines (LUV) Rides on Air Travel Demand, Costs Ail

Robust air-travel demand aids Southwest Airlines' (LUV) top-line performance. However, rising fuel costs continue to weigh on the bottom line.

6 Reasons Why Copa Holdings (CPA) Should be in Your Portfolio

Improved air travel demand and focus on the cargo unit bode well for Copa Holdings (CPA).

Has Allegiant (ALGT) Outpaced Other Transportation Stocks This Year?

Here is how Allegiant Travel (ALGT) and Grupo Aeroportuario del Sureste (ASR) have performed compared to their sector so far this year.

Allegiant Travel (ALGT) Inks a Tentative Deal With TWU

Allegiant's (ALGT) provisional deal with TWU pertains to significant wage increase and the betterment of retirement benefits, among other perks.

Shaun Pruitt headshot

2 Airline Stocks that Could Fly Higher in June

Now that we have entered the summer months, there are a few stocks sticking out among the Zacks Transportation-Airline Industry which is currently in the top 16% of over 250 Zacks industries.

ZTO Express (ZTO) Benefits From Parcel Volumes, Expenses Ail

An increase in parcel volumes aids ZTO Express' (ZTO) express delivery services unit, which contributes to the company's top-line growth.