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Allegiant (ALGT)

(Real Time Quote from BATS)

$71.69 USD

+5.44 (8.21%)

Updated Nov 6, 2024 10:40 AM 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
1	Strong Buy	24.10%
2	Buy	17.80%
3	Hold	9.50%
4	Sell	2.70%
5	Strong Sell	2.70%
S&P	500	11.20%

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2-Buy of 5 2

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 D VGM

Industry Rank:

Top 4% (9 out of 251)

Industry: Transportation - Airline

View All Zacks #1 Ranked Stocks

Zacks News

Down -14.3% in 4 Weeks, Here's Why Allegiant Travel (ALGT) Looks Ripe for a Turnaround

by Zacks Equity Research Published on August 11,2023

Allegiant Travel (ALGT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

ALGTPositive Net Change

Is American Airlines (AAL) Stock Undervalued Right Now?

by Zacks Equity Research Published on August 10,2023

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.

Airline Stock Roundup: ALGT & JBLU Beat on Q2 Earnings, SAVE & GOL Miss

by Maharathi Basu Published on August 04,2023

JetBlue (JBLU) and Allegiant Travel's (ALGT) Q2 results benefit from upbeat air travel demand scenario.

airlines

Allegiant Travel (ALGT) Surpasses Q2 Earnings and Revenue Estimates

by Zacks Equity Research Published on August 02,2023

Allegiant Travel (ALGT) delivered earnings and revenue surprises of 19.84% and 3.88%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

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

by Zacks Equity Research Published on August 01,2023

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

transportation

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

by Zacks Equity Research Published on August 01,2023

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

transportation

JetBlue Airways (JBLU) Beats Q2 Earnings Estimates

by Zacks Equity Research Published on August 01,2023

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?

by Zacks Equity Research Published on July 31,2023

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

transportation

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

by Maharathi Basu Published on July 28,2023

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

airlines

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

by Zacks Equity Research Published on July 28,2023

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

transportation

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

by Zacks Equity Research Published on July 26,2023

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

airlines

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

by Zacks Equity Research Published on July 26,2023

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

by Zacks Equity Research Published on July 25,2023

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.