Allegiant Travel [NASDAQ: ALGT] jumped around 1.21 points on Thursday, while shares priced at $60.29 at the close of the session, up 2.05%.
Allegiant Travel stock is now 21.90% up from its year-to-date (YTD) trading value. ALGT Stock saw the intraday high of $61.53 and lowest of $59.4 per share. The company’s 52-week high price is 107.57, which means current price is +51.48% above from all time high which was touched on 01/31/25.
Compared to the average trading volume of 457.43K shares, ALGT reached a trading volume of 325094 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Allegiant Travel [ALGT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALGT shares is $62.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALGT stock is a recommendation set at 2.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Allegiant Travel shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 01, 2025. While these analysts kept the previous recommendation, TD Cowen raised their target price from $35 to $50. The new note on the price target was released on May 12, 2025, representing the official price target for Allegiant Travel stock. Previously, the target price had yet another drop from $125 to $90, while Raymond James kept a Strong Buy rating on ALGT stock. On December 17, 2024, analysts increased their price target for ALGT shares from 50 to 70.
The Price to Book ratio for the last quarter was 0.99, with the Price to Cash per share for the same quarter was set at 49.17. Price to Free Cash Flow for ALGT in the course of the last twelve months was 9.23 with Quick ratio for the last quarter at 0.87.
How has ALGT stock performed recently?
Allegiant Travel [ALGT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.32. With this latest performance, ALGT shares gained by 4.93% in over the last four-week period, additionally sinking by -34.64% over the last 6 months – not to mention a drop of -35.94% in the past year of trading.
Allegiant Travel [ALGT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Allegiant Travel [ALGT] shares currently have an operating margin of 6.38% and a Gross Margin at 10.32%. Allegiant Travel’s Net Margin is presently recorded at -8.16%.
Return on Equity for this stock declined to -4.42%, with Return on Assets sitting at -4.42%.
Earnings analysis for Allegiant Travel [ALGT]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALGT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Allegiant Travel go to 52.79%.
Insider trade positions for Allegiant Travel [ALGT]
There are presently around $94.42%, or 120.84% of ALGT stock, in the hands of institutional investors. The top three institutional holders of ALGT stocks are: BLACKROCK INC. with ownership of 2.56 million shares, which is approximately 14.352%. VANGUARD GROUP INC, holding 1.78 million shares of the stock with an approximate value of $$89.63 million in ALGT stocks shares; and VANGUARD GROUP INC, currently with $$47.51 million in ALGT stock with ownership which is approximately 5.3054%.
