Allegiant Travel Company (ALGT)
NASDAQ: ALGT · Real-Time Price · USD
63.74
+0.27 (0.43%)
Oct 24, 2024, 4:00 PM EDT - Market closed
Allegiant Travel Company Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for ALGT stock have an average target of 63.13, with a low estimate of 42 and a high estimate of 100. The average target predicts a decrease of -0.96% from the current stock price of 63.74.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALGT stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $40 → $55 | Hold | Maintains | $40 → $55 | -13.71% | Oct 9, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $33 → $42 | Hold | Maintains | $33 → $42 | -34.11% | Oct 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $60 → $65 | Hold | Maintains | $60 → $65 | +1.98% | Oct 3, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $55 → $40 | Hold | Maintains | $55 → $40 | -37.25% | Aug 16, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $39 → $33 | Hold | Maintains | $39 → $33 | -48.23% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
2.55B
from 2.51B
Increased by 1.76%
Revenue Next Year
2.88B
from 2.55B
Increased by 12.57%
EPS This Year
-0.29
from 6.29
EPS Next Year
5.21
from -0.29
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 3.1B | 3.5B |
| Avg | 2.6B | 2.9B | 3.2B |
| Low | 2.4B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.8% | 19.9% | 21.8% |
| Avg | 1.8% | 12.6% | 10.6% |
| Low | -3.4% | 4.7% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.73 | 7.88 | 11.55 |
| Avg | -0.29 | 5.21 | 8.44 |
| Low | -1.49 | 2.99 | 5.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -72.5% | - | 121.7% |
| Avg | - | - | 62.0% |
| Low | - | - | -0.3% |
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.