Allegiant Travel Company (ALGT)
NASDAQ: ALGT · IEX Real-Time Price · USD
47.39
-1.99 (-4.03%)
At close: Jul 19, 2024, 4:00 PM
47.50
+0.11 (0.23%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Allegiant Travel Company Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for ALGT stock have an average target of 67.44, with a low estimate of 39 and a high estimate of 110. The average target predicts an increase of 42.31% from the current stock price of 47.39.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALGT stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 5 | 5 | 6 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 10 | 10 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $60 → $39 | Hold | Maintains | $60 → $39 | -17.70% | Jul 17, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $60 → $55 | Hold | Maintains | $60 → $55 | +16.06% | Jul 16, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $85 → $60 | Hold | Maintains | $85 → $60 | +26.61% | Jul 15, 2024 |
| Barclays | Barclays | Hold Maintains $55 → $45 | Hold | Maintains | $55 → $45 | -5.04% | Jul 10, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $95 → $87 | Hold | Maintains | $95 → $87 | +83.58% | Jul 8, 2024 |
Financial Forecast
Revenue This Year
2.68B
from 2.51B
Increased by 6.82%
Revenue Next Year
3.00B
from 2.68B
Increased by 12.01%
EPS This Year
3.38
from 6.29
Decreased by -46.26%
EPS Next Year
6.94
from 3.38
Increased by 105.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 3.3B | 3.7B |
| Avg | 2.7B | 3.0B | 3.3B |
| Low | 2.5B | 2.8B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.1% | 22.8% | 23.5% |
| Avg | 6.8% | 12.0% | 10.0% |
| Low | 1.1% | 4.3% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.29 | 10.24 | 12.60 |
| Avg | 3.38 | 6.94 | 10.36 |
| Low | 1.88 | 4.02 | 8.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -15.9% | 202.9% | 81.5% |
| Avg | -46.3% | 105.4% | 49.3% |
| Low | -70.1% | 18.9% | 18.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.