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ALLEGIANT TRAVEL COMPANY SCHEDULES THIRD QUARTER 2025 EARNINGS CALL
Prnewswire· 2025-10-22 13:00
Accessibility StatementSkip Navigation LAS VEGAS, Oct. 22, 2025 /PRNewswire/ --Â Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2025 financial results conference call for Tuesday, November 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. Â Â Â Â Allegiant – Together We Fly™ Las Veg ...
Allegiant Travel (ALGT) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-10-21 14:56
After reaching an important support level, Allegiant Travel Company (ALGT) could be a good stock pick from a technical perspective. ALGT recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves ...
Here's Why Allegiant Travel (ALGT) is a Strong Momentum Stock
ZACKS· 2025-10-15 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style S ...
Susquehanna Lifts Allegiant (ALGT) PT to $65 Amid Q3 2025 Earnings Preview
Yahoo Finance· 2025-10-11 13:48
Allegiant Travel Company (NASDAQ:ALGT) is one of the cheap stocks to buy for the next 5 years. On October 3, Susquehanna raised the firm’s price target on Allegiant Travel to $65 from $50, while keeping a Neutral rating on the shares as part of its Q3 2025 earnings preview for the airlines group. Earlier for Q2 2025, Allegiant Travel reported that the company’s revenue reached $669 million, which was ~3% above the prior year’s figure. The company achieved an operating margin of 8.6%, successfully exceedin ...
13 Cheap Stocks to Buy For the Next 5 Years
Insider Monkey· 2025-10-10 08:00
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] Investment Landscape - Wall Street is investing hundreds of billions into AI, but there is a pressing concern regarding the energy supply needed to sustain this growth [2] - AI data centers consume energy equivalent to that of small cities, leading to a strain on global power grids and rising electricity prices [2][3] - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI advancements, making it a unique investment opportunity [3][6] Company Profile - The company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend due to tariffs [5][6] - It possesses significant nuclear energy infrastructure assets, which are crucial for America's future power strategy [7] - The company is noted for its capability to execute large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewables [7][8] Financial Position - The company is completely debt-free and has a substantial cash reserve, amounting to nearly one-third of its market capitalization [8] - It also holds a significant equity stake in another AI-related company, providing investors with indirect exposure to multiple growth opportunities without high premiums [9][10] Market Sentiment - There is a growing interest from hedge funds in this company, which is considered undervalued and off-the-radar compared to other AI and energy stocks [9][10] - The company is trading at less than seven times earnings, indicating a strong potential for upside in the context of its critical role in the AI and energy sectors [10][11]
Allegiant Celebrates Customer Appreciation Week by Giving Away Nearly $1 Million in Free Flights
Prnewswire· 2025-10-07 06:02
Core Points - Allegiant is celebrating Customer Appreciation Week by giving away nearly $1 million in free flights to customers across the country [1] - The event started on Monday, with airline representatives surprising passengers with $250 vouchers for roundtrip flights within Allegiant's network [1] Company Initiatives - The airline is engaging customers through a promotional event that includes significant giveaways, enhancing customer loyalty and brand image [1] - The $250 vouchers are designed to cover roundtrip flights and additional amenities, indicating a focus on customer satisfaction and experience [1]
Air Travel Demand, Fleet Upgrade Aid Allegiant Amid High Labor Costs
ZACKS· 2025-10-01 15:21
Core Insights - Allegiant Travel Company (ALGT) is positioned to benefit from increasing air travel demand and its fleet modernization initiatives, supported by a solid balance sheet that allows for consistent shareholder rewards through dividends and share repurchases [1][3] Factors Favoring ALGT - Strong passenger volumes have positively impacted Allegiant, with a 5% year-over-year increase in top line revenue during the first half of 2025, primarily driven by a 5.1% rise in passenger revenues, which constituted 88.9% of total revenue [2][7] - The company has announced the opening of three new nonstop routes connecting five cities, alongside new service to Burbank, CA, indicating a proactive approach to expanding its network in response to rising travel demand [2] - Fleet modernization efforts are noteworthy, with ALGT operating 126 aircraft at the end of Q2 2025, including 32 A319, 85 A320, and nine Boeing 737-8200 planes, which should enhance operational efficiency and investor confidence [3] Key Risks to Monitor - Allegiant faces challenges from a tariff-induced macroeconomic environment, which may reduce consumer and corporate confidence, potentially impacting domestic air travel demand [4] - Production delays at Boeing due to quality control checks and regulatory reviews are hindering Allegiant's fleet expansion plans, leading to lower profitability and increased maintenance costs, which may limit capacity growth [5] - Rising operating expenses, particularly a 9.3% increase in operating costs during the first half of 2025, are a concern, despite a 2.4% decrease in aircraft fuel expenses [6][7]
Airline Stocks Report Robust August 2025 Traffic Numbers: An Analysis
ZACKS· 2025-09-30 15:21
Industry Overview - The Zacks Airline industry is experiencing strong air travel demand, benefiting both domestic and international markets, with increased passenger volumes acting as a tailwind [1] - Higher bookings are positively impacting airlines' top-line performance, particularly in leisure travel, while business travel is also showing signs of recovery [1] Cost Factors - A decline in fuel expenses due to falling oil prices is contributing positively to the airlines' bottom-line growth, as fuel costs are a significant input for airlines [2] - However, high labor costs are a concern, with U.S. airlines facing labor shortages post-COVID, leading to increased bargaining power for labor groups and subsequent pay hikes [3] - Production delays at Boeing are affecting fleet expansion plans for U.S. airlines, and weak pricing power remains a challenge for the industry [3] Copa Holdings - Copa Holdings is benefiting from increased passenger volumes, with revenue passenger miles (RPM) improving by 9.8% year-over-year in August 2025 [5][6] - The company is expanding capacity, with available seat miles (ASM) increasing by 5.8% year-over-year, resulting in a load factor rise to 88.3% from 85.1% in August 2024 [6] Allegiant Travel Company - Allegiant reported a 12.1% increase in scheduled traffic (RPM) year-over-year for August 2025, while capacity (ASM) rose by 14.6% [7] - Despite the traffic increase, the load factor declined to 82.6% from 84.5% due to capacity growth outpacing demand [7] - Total departures grew by 15.9% year-over-year, with system-wide capacity improving by 14.4% [8] LATAM Airlines Group - LATAM Airlines reported a 9.4% year-over-year increase in consolidated capacity for August 2025, driven by a 12% increase in international operations and an 11.3% increase in domestic capacity in Brazil [11][12] - The consolidated traffic increased by 10.8% year-over-year, with a load factor growth of 1.1 percentage points to 85.4% [12] Ryanair Holdings - Ryanair transported 21 million passengers in August 2025, marking a 2% year-over-year increase and reflecting eight consecutive months of traffic growth [13][14] - The load factor remained stable at 96%, indicating consistent passenger demand [15] - Ryanair operated over 114,000 flights in August 2025, an increase from previous months, despite earlier delays in Boeing deliveries affecting growth [16]
Allegiant August 2025 Traffic Numbers Improve Year Over Year
ZACKS· 2025-09-11 15:01
Group 1: Allegiant Travel Company (ALGT) Performance - Scheduled traffic for ALGT rose 12.1% in August 2025 compared to August 2024, while capacity increased by 14.6% year over year [2][10] - The load factor for August 2025 declined to 82.6% from 84.5% a year ago, indicating that traffic growth did not keep pace with capacity expansion [2][10] - Total departures for scheduled services grew by 15.9% in August 2025 compared to the previous year, although the average stage length fell by 1.1% [3] Group 2: System-Wide Performance - ALGT carried 12.5% more passengers in August 2025 than in the same month the previous year, with system-wide capacity improving by 14.4% [3][10] - The estimated fuel price per gallon in August 2025 was $2.55 [3] Group 3: Competitor Performance - LATAM Airlines reported a 9.4% year-over-year increase in consolidated capacity for August 2025, driven by a 12% increase in international operations [6] - LATAM's consolidated traffic increased by 10.8% year over year, with a load factor growth of 1.1 percentage points to 85.4% [7] - Ryanair transported 21 million passengers in August 2025, reflecting a 2% year-over-year increase, with a consistent load factor of 96% [8][10]
Allegiant Reports August 2025 Traffic
Prnewswire· 2025-09-10 13:00
Core Insights - Allegiant Travel Company reported strong preliminary passenger traffic results for August 2025, with a year-over-year increase in passengers and revenue passenger miles [1][3][4] - The company’s Chief Commercial Officer noted that demand has remained solid, exceeding initial expectations, which provides positive momentum heading into the fall and holiday periods [2] - The estimated average fuel cost for August 2025 is projected to be $2.55 per gallon, aligning with previous guidance [5] Passenger Traffic Results - In August 2025, Allegiant served 1,495,501 passengers, a 12.6% increase from 1,327,765 passengers in August 2024 [3] - Revenue passenger miles reached 1,315,323, up 12.1% from 1,173,459 in the previous year [3] - Available seat miles increased by 14.6% to 1,592,900 from 1,389,464 [3] - The load factor decreased to 82.6%, down from 84.5%, reflecting a 1.9 percentage point decline [3] - Departures rose by 15.9% to 10,600 compared to 9,143 in August 2024 [3] Financial Performance - Total system passenger count for August 2025 was 1,512,121, marking a 12.5% increase from 1,344,533 in August 2024 [4] - Total available seat miles for the system increased by 14.4% to 1,651,682 from 1,444,380 [4] - Departures for the total system rose by 15.8% to 11,067 from 9,553 [4] - The average stage length decreased slightly to 846 miles from 857 miles, a 1.3% decline [4] Cost and Revenue Outlook - The company anticipates that non-fuel costs will trend better than expected, contributing to improved operating margins and earnings per share for the third quarter [2] - The strong revenue trends and cost performance suggest that the company will end the third quarter at the better end of its guided ranges [2]