Here's Why Allegiant Travel (ALGT) is a Strong Value Stock

Company Overview - Allegiant Travel Company, based in Las Vegas, NV, operates a low-cost passenger airline through its subsidiary Allegiant Air LLC, focusing on connecting leisure travelers in small and medium-sized cities to world-class leisure destinations [12] - The company opened Sunseeker Resort Charlotte Harbor on December 15, 2023, featuring 785 guestrooms and 18 curated food and beverage outlets [12] Investment Ratings - Allegiant Travel is rated 2 (Buy) on the Zacks Rank, indicating a favorable investment outlook [13] - The company has a VGM Score of B, reflecting a combination of value, growth, and momentum characteristics [13] Financial Metrics - Allegiant Travel boasts a Value Style Score of A, supported by attractive valuation metrics such as a forward P/E ratio of 24.11, making it appealing to value investors [13] - Six analysts have revised their earnings estimates higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.33 to $2.75 per share [13] - The company has an average earnings surprise of +17.1%, indicating a strong performance relative to expectations [13] Investment Considerations - With a solid Zacks Rank and top-tier Value and VGM Style Scores, Allegiant Travel is recommended for investors' consideration [14]