<div id="readability-page-1"><p><span>Allegiant Travel (NASDAQ:ALGT - Get Free Report)</span> was upgraded by research analysts at Wall Street Zen from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a note issued to investors on Sunday.</p><div><p><span></span><span>Get <strong>Allegiant Travel</strong> alerts:</span></p></div><ul><li>Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?</li></ul><p>A number of other equities analysts have also recently weighed in on ALGT. Evercore ISI upped their price target on shares of Allegiant Travel from $75.00 to $85.00 and gave the stock an &#34;outperform&#34; rating in a research note on Monday, September 29th. Morgan Stanley boosted their price objective on shares of Allegiant Travel from $80.00 to $85.00 and gave the stock an &#34;equal weight&#34; rating in a report on Wednesday, November 5th. Bank of America increased their target price on shares of Allegiant Travel from $50.00 to $55.00 and gave the company an &#34;underperform&#34; rating in a report on Wednesday, October 1st. Raymond James Financial downgraded shares of Allegiant Travel from a &#34;strong-buy&#34; rating to an &#34;outperform&#34; rating and lifted their price target for the company from $78.00 to $98.00 in a research report on Friday, December 19th. Finally, Barclays upped their price target on Allegiant Travel from $52.00 to $60.00 and gave the stock an &#34;equal weight&#34; rating in a report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $79.55.</p><p><b>Read Our Latest Report on ALGT</b></p><h2>Allegiant Travel Stock Performance</h2><p>Shares of ALGT opened at $84.66 on Friday. The stock has a 50 day moving average price of $73.36 and a 200 day moving average price of $63.05. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of -5.19, a price-to-earnings-growth ratio of 0.57 and a beta of 1.67. Allegiant Travel has a 52-week low of $39.80 and a 52-week high of $107.57. </p><p>Allegiant Travel (NASDAQ:ALGT - Get Free Report) last released its quarterly earnings results on Thursday, May 12th. The transportation company reported $1.18 earnings per share (EPS) for the quarter. The firm had revenue of $496.88 million for the quarter. Allegiant Travel had a positive return on equity of 5.24% and a negative net margin of 11.36%. Research analysts predict that  Allegiant Travel will post 7.7 EPS for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALGT. Hantz Financial Services Inc. grew its stake in shares of  Allegiant Travel by 442.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company's stock valued at $33,000 after buying an additional 442 shares during the period.  Steward Partners Investment Advisory LLC grew its position in  Allegiant Travel by 28.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company's stock valued at $51,000 after acquiring an additional 205 shares during the period.  GAMMA Investing LLC increased its stake in  Allegiant Travel by 58.1% during the second quarter. GAMMA Investing LLC now owns 1,108 shares of the transportation company's stock worth $61,000 after acquiring an additional 407 shares during the last quarter.  AlphaQuest LLC raised its holdings in shares of  Allegiant Travel by 119.2% in the 3rd quarter. AlphaQuest LLC now owns 1,120 shares of the transportation company's stock worth $68,000 after purchasing an additional 609 shares during the period.  Finally, iSAM Funds UK Ltd purchased a new position in shares of  Allegiant Travel in the 3rd quarter worth about $69,000. 85.81% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Allegiant Travel Company Profile</h2> (Get Free Report)<p>Allegiant Travel Company is a holding company that operates Allegiant Air, a low‐cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price‐sensitive leisure travelers, Allegiant Air operates a point‐to‐point network that avoids the traditional hub‐and‐spoke model, providing non‐stop flights from smaller cities to resort and entertainment hubs.  </p><p>In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Allegiant Travel</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>[URGENT!] SpaceX Going Public! – Pre-IPO Action</li><li>ALERT: Drop these 5 stocks before January 2026!</li><li>Shots officially fired…</li><li>A month before the crash</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxHVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxHVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Allegiant Travel Right Now?</h2><p>Before you consider Allegiant Travel, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allegiant Travel wasn't on the list.</p><p>While Allegiant Travel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALGT

<p>Wall Street Zen upgraded Allegiant Travel (NASDAQ:ALGT) from a "sell" rating to a "hold" rating. Other analysts have varied ratings, with price targets ranging from $50 to $98. Allegiant Travel's stock opened at $84.66, with a market cap of $1.55 billion. Institutional investors have adjusted their stakes in the company. Allegiant Travel operates Allegiant Air, focusing on leisure travel from smaller cities to vacation destinations.</p>

Allegiant Travel (NASDAQ:ALGT) Upgraded at Wall Street Zen