Allegiant Travel Company (ALGT)
NASDAQ: ALGT · IEX Real-Time Price · USD
59.07
-2.56 (-4.15%)
At close: Apr 24, 2024, 4:00 PM
60.49
+1.42 (2.40%)
After-hours: Apr 24, 2024, 6:03 PM EDT
Allegiant Travel Company Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for ALGT stock have an average target of 94.4, with a low estimate of 58 and a high estimate of 145. The average target predicts an increase of 59.81% from the current stock price of 59.07.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALGT stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 10 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $76 → $65 | Hold | Maintains | $76 → $65 | +10.04% | Apr 9, 2024 |
| Barclays | Barclays | Hold Maintains $65 → $60 | Hold | Maintains | $65 → $60 | +1.57% | Apr 5, 2024 |
| UBS | UBS | Strong Sell Initiates $58 | Strong Sell | Initiates | $58 | -1.81% | Mar 20, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $80 → $76 | Hold | Maintains | $80 → $76 | +28.66% | Feb 9, 2024 |
| Raymond James | Raymond James | Buy Maintains $110 → $100 | Buy | Maintains | $110 → $100 | +69.29% | Feb 6, 2024 |
Financial Forecast
Revenue This Year
2.77B
from 2.51B
Increased by 10.29%
Revenue Next Year
3.08B
from 2.77B
Increased by 11.20%
EPS This Year
5.64
from 6.29
Decreased by -10.37%
EPS Next Year
8.93
from 5.64
Increased by 58.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.4B | 3.5B |
| Avg | 2.8B | 3.1B | 3.3B |
| Low | 2.6B | 2.8B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.2% | 21.6% | 12.9% |
| Avg | 10.3% | 11.2% | 7.4% |
| Low | 4.8% | 2.8% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.61 | 12.23 | 13.80 |
| Avg | 5.64 | 8.93 | 11.26 |
| Low | 2.84 | 6.27 | 9.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.0% | 117.0% | 54.5% |
| Avg | -10.4% | 58.4% | 26.2% |
| Low | -54.8% | 11.2% | 7.0% |
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.