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Allegiant (ALGT)

(Real Time Quote from BATS)

$41.50 USD

41.50
52,576

-1.58 (-3.67%)

Updated Aug 28, 2024 01:14 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 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

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.

Maharathi Basu headshot

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.

Here's Why You Should Retain American Airlines (AAL) Stock Now

American Airlines (AAL) expects adjusted operating margin in the 12.5-14.5% band in second-quarter 2023.

5 Reasons Why Investors Should Invest in Triton (TRTN) Now

We are impressed by Triton's (TRTN) impactful liquidity position and efforts to reward shareholders.

Allegiant Travel (ALGT) Shows Fast-paced Momentum But Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Allegiant Travel (ALGT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Here's Why You Should Retain Ryder System (R) Stock Now

Solid shareholder-friendly measures and rise in segmental revenues boost Ryder System (R). However, low liquidity is a headwind.

Here's Why You Should Retain Alaska Air (ALK) Stock Now

Solid air-travel demand boosts Alaska Air (ALK). However, low liquidity is a headwind.

The Zacks Analyst Blog Highlights Copa Holdings, Volaris and Allegiant Travel

Copa Holdings, Volaris and Allegiant Travel are part of the Zacks top Analyst Blog.

Gol Linhas (GOL) Rides on Solid Air Traffic Despite Cost Woes

Buoyant air-travel demand aids Gol Linhas' (GOL) growth prospects.

C.H. Robinson (CHRW) Appoints David Bozeman as Its New CEO

David Bozeman will take charge as C.H. Robinson's (CHRW) new CEO from Jun 26.

Old Dominion's (ODFL) LTL Segment Numbers Decline in May

Old Dominion's (ODFL) revenue per day fell 15.7% year over year in May 2023 due to a 14.4% decrease in less-than-truckload tons per day.

Zacks Industry Outlook Highlights American Airlines, Copa Holdings and Allegiant Travel Company

American Airlines, Copa Holdings and Allegiant Travel Company are part of the Zacks Industry Outlook article.

Maharathi Basu headshot

3 Airline Stocks to Buy Post IATA's Bullish FY23 Projection

We believe stocks like Copa Holdings (CPA), Volaris (VLRS) and Allegiant (ALGT) represent compelling investment opportunities at present.

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

Solid liquidity and strong air-travel demand boost Allegiant (ALGT) stock.

J.B. Hunt (JBHT) Segment Growth Aids, Interest Expense High

Strength across the Dedicated Contract Services segment aids J.B. Hunt???s (JBHT) top-line growth. Higher net interest expense and high debt remain a concern.