While Allegiant Travel has underperformed by -1.70%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ALGT rose by 8.48%, with highs and lows ranging from $107.57 to $36.08, whereas the simple moving average fell by -9.82% in the last 200 days.
On May 12, 2025, TD Cowen Reiterated Allegiant Travel (NASDAQ: ALGT) to Hold. A report published by Raymond James on April 02, 2025, Upgraded its rating to ‘Strong Buy’ for ALGT. TD Cowen also reiterated ALGT shares as ‘Hold’, quoting a target price of $70 on the company’s shares in a report dated December 17, 2024. UBS Initiated an Neutral rating on November 26, 2024, and assigned a price target of $16. Goldman initiated its ‘Neutral’ rating for ALGT, as published in its report on November 15, 2024. TD Cowen’s report from November 01, 2024 suggests a price prediction of $50 for ALGT shares, giving the stock a ‘Hold’ rating. TD Cowen also rated the stock as ‘Hold’.
Analysis of Allegiant Travel (ALGT)
ALGT currently pays a dividend of $0.60 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 6.50%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Allegiant Travel’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -17.12% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.87, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 505.17K can be a very valuable indicator of volatility for ALGT stock. On a monthly basis, the volatility of the stock is set at 6.25%, whereas on a weekly basis, it is put at 6.31%, with a gain of 18.07% over the past seven days. Furthermore, long-term investors anticipate a median target price of $62.42, showing growth from the present price of $58.34, which can serve as yet another indication of whether ALGT is worth investing in or should be passed over.
How Do You Analyze Allegiant Travel Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 23.08%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.06% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ALGT shares are owned by institutional investors to the tune of 86.06% at present.
