Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 12, 2021, it operated a fleet of 97 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience and baggage fees, advance seat assignments, travel protection products, priority boarding, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is headquartered in Las Vegas, Nevada.
IPO Year: 2006
Exchange: NASDAQ
Website: allegiantair.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/17/2024 | $50.00 → $70.00 | Hold | TD Cowen |
11/26/2024 | $16.00 | Neutral | UBS |
11/15/2024 | $83.00 | Neutral | Goldman |
11/1/2024 | $42.00 → $50.00 | Hold | TD Cowen |
10/3/2024 | $33.00 → $42.00 | Hold | TD Cowen |
8/7/2024 | $39.00 → $33.00 | Hold | TD Cowen |
7/17/2024 | $60.00 → $39.00 | Hold | TD Cowen |
7/8/2024 | $75.00 → $53.00 | Buy → Hold | Deutsche Bank |
5/15/2024 | $65.00 → $60.00 | Hold | TD Cowen |
2/6/2024 | $82.00 → $85.00 | Market Perform | TD Cowen |
TD Cowen reiterated coverage of Allegiant Travel with a rating of Hold and set a new price target of $70.00 from $50.00 previously
UBS resumed coverage of Allegiant Travel with a rating of Neutral and set a new price target of $16.00
Goldman resumed coverage of Allegiant Travel with a rating of Neutral and set a new price target of $83.00
TD Cowen reiterated coverage of Allegiant Travel with a rating of Hold and set a new price target of $50.00 from $42.00 previously
TD Cowen reiterated coverage of Allegiant Travel with a rating of Hold and set a new price target of $42.00 from $33.00 previously
TD Cowen reiterated coverage of Allegiant Travel with a rating of Hold and set a new price target of $33.00 from $39.00 previously
TD Cowen reiterated coverage of Allegiant Travel with a rating of Hold and set a new price target of $39.00 from $60.00 previously
Deutsche Bank downgraded Allegiant Travel from Buy to Hold and set a new price target of $53.00 from $75.00 previously
TD Cowen reiterated coverage of Allegiant Travel with a rating of Hold and set a new price target of $60.00 from $65.00 previously
TD Cowen reiterated coverage of Allegiant Travel with a rating of Market Perform and set a new price target of $85.00 from $82.00 previously
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SCHEDULE 13G - Allegiant Travel CO (0001362468) (Subject)
8-K - Allegiant Travel CO (0001362468) (Filer)
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8-K - Allegiant Travel CO (0001362468) (Filer)
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LAS VEGAS, Jan. 16, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its fourth quarter and full-year 2024 financial results conference call for Tuesday, February 4 at 4:30 p.m. EST. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focuse
LAS VEGAS, Dec. 12, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for November 2024. "Booking trends following the election continue to outpace our initial expectations," stated Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "Demand recovery to hurricane-impacted destinations has been faster than expected, with demand to most impacted regions returning to normal. Additionally, close-in holiday demand during November exceeded our expectations with TRASM performing on par with the prior year du
The Airline Offers New Low-Cost Travel Options to Popular Destinations in 51 Cities LAS VEGAS, Nov. 19, 2024 /PRNewswire/ -- Allegiant Travel Company ((ALGT) today announced 44 new nonstop routes, including eleven routes to three new cities: Gulf Shores, Alabama, Colorado Springs, Colorado and Columbia, South Carolina. To celebrate this significant expansion, the company is offering one-way fares on the new routes as low as $39.* The flights, starting in February, will expand the airline's network options in 51 cities around the country, offering convenient, affordable air ser
LAS VEGAS, Nov. 15, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for October 2024. "As observed below and consistent with commentary from our third quarter earnings call, hurricanes Helene and Milton had an outsized impact on our business," stated Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "We canceled nearly 1,000 flights between late September and early January, with approximately two-thirds of those cancelations occurring during the month of October. We are encouraged by booking trend
Third quarter 2024 GAAP diluted loss per share of $(2.05) Third quarter 2024 diluted loss per share, excluding special charges, of $(2.02)(1)(3) Third quarter 2024 airline only diluted loss per share, excluding special charges, of $(0.49)(1)(3) LAS VEGAS, Oct. 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported the following financial results for the third quarter 2024, as well as comparisons to the prior year: Consolidated Three Months Ended September 30, Percent Change (unaudited) (in millions, except per share amounts) 2024 2023 YoY Total operatin
LAS VEGAS, Oct. 22, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for September 2024 as well as the third quarter of 2024. Scheduled Service – Year Over Year Comparison September 2024 September 2023 Change Passengers 969,844 988,981 (1.9 %) Revenue passenger miles (000) 844,968 868,742 (2.7 %) Available seat miles (000) 1,014,201 1,049,538 (3.4 %) Load factor 83.3 % 82.8 % 0.5pts Departures 6,796 6,949 (2.2 %) Average stage length (miles) 851 855 (0.5 %) 3Q24 3Q23 Change Passengers 4,195,572 4,234,196 (0.9 %)
LAS VEGAS, Oct. 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30 at 4:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focused on connecting cu
LAS VEGAS, Oct. 8, 2024 /PRNewswire/ -- Allegiant ((ALGT), today announced the publication of its third-annual Sustainability Report. Last year, Allegiant announced goals to accelerate sustainability initiatives throughout the business to better serve its employees, customers, shareholders and communities. Allegiant's 2023 Sustainability Report documents the progress made towards these impact areas. It embodies the growing culture of responsibility at Allegiant, where stakeholder dedication, and an increasing company-wide commitment, drives meaningful progress on critical issu
LAS VEGAS, Sept. 20, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported preliminary passenger traffic results for August 2024. "As we have progressed through the third quarter, we have continued to observe a strong demand environment," noted Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "While we expected the year-over-year unit revenue cadence to improve through the end of the quarter, the environment has certainly outperformed our initial expectations. Although the full month of September will likely be TRASM negative on a year-ove
LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Allegiant (NASDAQ:ALGT) today announced that Scott DeAngelo, executive vice president and chief marketing officer, has resigned. His last day with the company will be Sept. 30. DeAngelo joined the company in 2018 and immediately set to work establishing a marketing and advertising strategy that has led to multiple awards and recognitions, including USA TODAY's Readers' Choice Awards for Best Airline Credit Card and Best Frequent Flyer Program. "We are grateful to Scott for his leadership and commitment over the last six years. His exten
LAS VEGAS, Jan. 16, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its fourth quarter and full-year 2024 financial results conference call for Tuesday, February 4 at 4:30 p.m. EST. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focuse
Third quarter 2024 GAAP diluted loss per share of $(2.05) Third quarter 2024 diluted loss per share, excluding special charges, of $(2.02)(1)(3) Third quarter 2024 airline only diluted loss per share, excluding special charges, of $(0.49)(1)(3) LAS VEGAS, Oct. 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported the following financial results for the third quarter 2024, as well as comparisons to the prior year: Consolidated Three Months Ended September 30, Percent Change (unaudited) (in millions, except per share amounts) 2024 2023 YoY Total operatin
LAS VEGAS, Oct. 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30 at 4:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focused on connecting cu
Second quarter 2024 GAAP diluted earnings per share of $0.75Second quarter 2024 diluted earnings per share, excluding special charges, of $1.77(1)(3)Second quarter 2024 airline only diluted earnings per share, excluding special charges, of $2.24(1)(3) ANNOUNCED STRATEGIC REVIEW OF SUNSEEKER RESORT LAS VEGAS, July 31, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported the following financial results for the second quarter 2024, as well as comparisons to the prior year: Consolidated Three Months Ended June 30, Percent Change (unaudited) (in millions, exce
LAS VEGAS, July 11, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its second quarter 2024 financial results conference call for Wednesday, July 31 at 4:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focused on connecting cus
First quarter 2024 GAAP diluted loss per share of $(0.07) First quarter 2024 diluted earnings per share, excluding special charges of $0.57(1)(4)(5) First quarter 2024 airline only diluted earnings per share, excluding special charges of $1.08(1)(4)(6) LAS VEGAS, May 7, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported the following financial results for the first quarter 2024, as well as comparisons to the prior year: Consolidated Three Months Ended March 31, Percent Change (unaudited) (in millions, except per share amounts) 2024 2023 YoY Total operat
LAS VEGAS, April 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its first quarter 2024 financial results conference call for Tuesday, May 7 at 12:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focused on connecting cu
Fourth quarter 2023 GAAP diluted loss per share of $(0.13)Fourth quarter 2023 diluted earnings per share, excluding special charges of $0.11(1)(6)(7)Fourth quarter 2023 airline only diluted earnings per share, excluding special charges of $0.86(1)(8) Full-year 2023 GAAP diluted earnings per share of $6.29Full-year 2023 diluted earnings per share, excluding special charges of $7.31(1)(6)(7)Full-year 2023 airline only diluted earnings per share, excluding special charges of $8.82(1)(8) Sunseeker Resort officially opened December 15, 2023 LAS VEGAS, Feb. 5, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) today reported the following financial results for the fourth quarter and full-
LAS VEGAS, Feb. 2, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has changed the time of its previously announced earnings conference call due to a scheduling conflict. The call will now be Monday, February 5 at 3:00 p.m. EST. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We Fly™ Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company wi
LAS VEGAS, Jan. 24, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ:ALGT) has scheduled its fourth quarter and full-year 2023 financial results conference call for Monday, February 5 at 12:30 p.m. EST. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site. Allegiant – Together We FlyTM Las Vegas-based Allegiant (NASDAQ:ALGT) is an integrated travel company with an airline at its heart, focused o
LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Allegiant (NASDAQ:ALGT) today announced that Scott DeAngelo, executive vice president and chief marketing officer, has resigned. His last day with the company will be Sept. 30. DeAngelo joined the company in 2018 and immediately set to work establishing a marketing and advertising strategy that has led to multiple awards and recognitions, including USA TODAY's Readers' Choice Awards for Best Airline Credit Card and Best Frequent Flyer Program. "We are grateful to Scott for his leadership and commitment over the last six years. His exten
TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Unisync Corp. (TSX: "UNI") (“Unisync") ") is pleased to announce that its US based wholly-owned subsidiary Unisync (Nevada) LLC has been selected by Allegiant Air to manage the uniform program for their uniformed employees across the US. This multi-year agreement represents the culmination of an extensive review of Unisync’s award-winning product quality and customer-focused suite of fulfillment services. The new agreement covers the sourcing, supply and program management of operational imagewear for all of Allegiant’s flight attendants and pilots. Allegiant has more than 2,500 crew members across the US and serves more than 125 cities with appro