Allegiant Travel Company (ALGT)
NASDAQ: ALGT · IEX Real-Time Price · USD
49.71
+0.62 (1.26%)
At close: Jul 12, 2024, 4:00 PM
47.56
-2.15 (-4.33%)
Pre-market: Jul 15, 2024, 8:00 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 78.44, with a low estimate of 53 and a high estimate of 110. The average target predicts an increase of 57.80% from the current stock price of 49.71.

Analyst Consensus: Hold
Target Low Average Median High
Price $53 $78.44 $65 $110
Change +6.62% +57.80% +30.76% +121.28%

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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 333221
Buy 111111
Hold 444556
Sell 111000
Strong Sell 011111
Total 91010999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Hold
Downgrades
$75$53
Hold Downgrades $75$53 +6.62% Jul 8, 2024
TD Cowen
TD Cowen
Hold
Maintains
$65$60
Hold Maintains $65$60 +20.70% May 15, 2024
Barclays
Barclays
Hold
Maintains
$60$55
Hold Maintains $60$55 +10.64% May 9, 2024
Susquehanna
Susquehanna
Hold
Maintains
$76$65
Hold Maintains $76$65 +30.76% Apr 9, 2024
Barclays
Barclays
Hold
Maintains
$65$60
Hold Maintains $65$60 +20.70% Apr 5, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
1.84B990.07M1.71B2.30B2.51B2.68B3.00B3.30B
Revenue Growth
10.41%-46.22%72.50%34.77%9.04%6.82%12.01%10.02%
EPS
14.26-11.538.680.146.293.386.9410.36
EPS Growth
42.60%---98.39%4,392.86%-46.26%105.39%49.28%
Forward PE
-----14.717.164.80
No. Analysts -----13139
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
13.1%
22.8%
23.5%
Avg
6.8%
12.0%
10.0%
Low
1.1%
4.3%
1.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.