NASDAQ:ALGT

Allegiant Travel (ALGT) Price Target & Analyst Ratings

$77.15

-0.45 (-0.58%)

(As of 09/21/2023 ET)

Compare

Today's Range: $76.58
▼
$78.76
50-Day Range: $77.15
▼
$129.49
52-Week Range: $62.94
▼
$130.93

Volume: 218,002 shs
Average Volume: 211,120 shs
Market Capitalization: $1.42 billion

P/E Ratio: 9.43
Dividend Yield: 3.11%
Price Target: $110.55

Allegiant Travel Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 10 Analyst Ratings

Consensus Analyst Price Target

$110.55
43.29% Upside

High Prediction	$145.00
Average Prediction	$110.55
Low Prediction	$80.00

Type	Current 9/22/22 to 9/22/23	1 Month Ago 8/23/22 to 8/23/23	3 Months Ago 6/24/22 to 6/24/23	1 Year Ago 9/22/21 to 9/22/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	7 Buy rating(s)
Hold	6 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$110.55	$110.60	$109.42	$168.60
Predicted Upside	43.29% Upside	16.13% Upside	17.71% Upside	32.32% Upside

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ALGT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ALGT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Allegiant Travel Stock vs. The Competition

Type	Allegiant Travel	Transportation Companies	S&P 500
Consensus Rating Score	2.20	2.51	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	43.29% Upside	3,144.83% Upside	696.90% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	In-Line ➝ In-Line	$125.00 ➝ $110.00	+24.77%
8/8/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$110.00 ➝ $120.00	+10.46%
8/3/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$140.00 ➝ $145.00	+25.01%
7/13/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$105.00 ➝ $122.00	-4.78%
7/6/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$115.00 ➝ $120.00	-4.78%
6/26/2023	92 Resources Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
Get the Latest News and Ratings for Your Stocks Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter.
6/15/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$110.00 ➝ $145.00	+26.32%
5/1/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform
2/2/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$80.00 ➝ $83.00	-1.65%
12/16/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$96.00	+42.10%
12/15/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$80.00	+11.76%
10/11/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$140.00 ➝ $110.00	+63.84%

(Data available from 9/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

ALGT Price Target - Frequently Asked Questions

What is Allegiant Travel's consensus rating and price target?: According to the issued ratings of 10 analysts in the last year, the consensus rating for Allegiant Travel stock is Hold based on the current 1 sell rating, 6 hold ratings and 3 buy ratings for ALGT. The average twelve-month price prediction for Allegiant Travel is $110.55 with a high price target of $145.00 and a low price target of $80.00. Learn more on ALGT's analyst rating history.
Do Wall Street analysts like Allegiant Travel more than its competitors?: Analysts like Allegiant Travel less than other Transportation companies. The consensus rating for Allegiant Travel is Hold while the average consensus rating for transportation companies is Moderate Buy. Learn more on how ALGT compares to other companies.
Does Allegiant Travel's stock price have much upside?: According to analysts, Allegiant Travel's stock has a predicted upside of 16.94% based on their 12-month price targets.

What analysts cover Allegiant Travel?: Allegiant Travel has been rated by 92 Resources, Barclays, Evercore ISI, Morgan Stanley, Raymond James, and Susquehanna in the past 90 days.

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This page (NASDAQ:ALGT) was last updated on 9/22/2023 by MarketBeat.com Staff

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