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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 01:10 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

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

Solid air-travel demand boosts United Airlines (UAL). However, low liquidity is a headwind.

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3 Airline Stocks to Keep a Tab on Amid Rosy Passenger Traffic

The Zacks Industry Rank for the Transportation-Airline industry paints a bright picture mainly owing to strong passenger volumes. We believe investors should keep an eye on AAL,CPA and ALGT.

Ryanair Holdings (RYAAY) Passenger Traffic Swells in May

Load factor in May swells to 94% at Ryanair (RYAAY) owing to upbeat traffic.

Why Is Allegiant Travel (ALGT) Down 5.3% Since Last Earnings Report?

Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Maharathi Basu headshot

Airline Stock Roundup: AAL's Bullish Q2 Forecast, ALGT's Labor Deal & More

United Airlines (UAL) CFO to retire in 2024. American Airlines (AAL) lifts its Q2 earnings per share forecast.

Dividends, Buybacks Aid C.H. Robinson (CHRW) Despite High Capex

C.H. Robinson's (CHRW) measures to reward its shareholders are encouraging. Rising capital expenditure poses a threat to the company's bottom line.

Kirby (KEX) Rides on Segmental Growth Amid Rising Costs

Strong segmental performances boost Kirby's (KEX) top line. Rising operating expenses are likely to weigh on the bottom line.

United Airlines' (UAL) Long-Serving CFO to Retire Next Year

United Airlines (UAL) intends to undertake a thorough search process to find a new CFO.

American Airlines (AAL) Stock Gains on Bullish Q2 Outlook

American Airlines' (AAL) management expects the average fuel cost per gallon for Q2 in the range of $2.55-$2.65.

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3 Transportation Stocks Move Up Over 10% YTD With More Upside

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

Old Dominion (ODFL) Falls 6% in the Past 3 Months: Here's How

Escalating capital expenditure and driver shortages hurt Old Dominion (ODFL).

FedEx (FDX) Reaches Provisional Deal With Pilots' Union

The tentative deal with FedEx's (FDX) pilots will now be put to vote.

Here's Why You Should Retain Expeditors (EXPD) Stock Now

Solid liquidity and pro-investor steps boost Expeditors (EXPD).

Here's Why You Should Retain Union Pacific (UNP) Stock Now

Increasing fuel expenses are leading to an uptick in operating costs at Union Pacific (UNP).

Here's Why You Should Hold Wabtec (WAB) Stock in Portfolio Now

Solid liquidity and higher Freight revenues aid Wabtec (WAB).

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

Solid railcar leasing market and pro-investor steps boost GATX.

Allegiant Travel's (ALGT) Contract on Dispatchers Is Ratified

As many as 95.8% dispatchers of Allegiant Travel (ALGT) vote in favor of the deal.

Air Transport (ATSG) Falls 45% in the Past Year: Here's How

Rising operating costs and anticipated reduction in cargo aircraft for 2023 hurt Air Transport (ATSG).

Here's Why You Should Retain Norfolk Southern (NSC) Stock Now

Solid railway operating revenues and pro-investor steps boost Norfolk Southern (NSC).

Here's Why You Should Retain CSX Stock in Your Portfolio Now

CSX expects revenue ton miles to grow in the low-single digits in 2023, driven by strong performances in the merchandise and coal units.

Here's Why Investors May Bet on Copa Holdings (CPA) Stock Now

Strong air-travel demand and fleet-modernization techniques boost Copa Holdings (CPA).

Landstar (LSTR) Lowers Q2 Guidance as Freight Woes Persist

Landstar's (LSTR) management expects second-quarter 2023 earnings per share in the range of $1.75-$1.85.

Here's Why Investors May Bet on Allegiant (ALGT) Stock Now

Allegiant Travel (ALGT) is benefiting from an uptick in air-travel demand.

CSX Signs Paid Sick Leave Deal With SMART-TD CSRA Union

The latest deal between CSX and Sheet Metal, Air, Rail and Transportation Workers-Transportation Division CSRA marks CSX's favorable terms with unions.

FedEx (FDX) Pilots Vote in Favor of Strike for Higher Wages

Almost all FedEx (FDX) pilots (97%) vote in favor of a strike.