Allegiant Travel (ALGT) is a Top-Ranked Value Stock: Should You Buy?

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2][10] - The Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales [3] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score is designed for traders looking to capitalize on price trends, utilizing factors like one-week price changes and monthly earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in building a successful portfolio, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [10][11] Company Spotlight: Allegiant Travel (ALGT) - Allegiant Travel Company operates a low-cost airline, focusing on connecting leisure travelers from small and medium-sized cities to major destinations [12] - The company recently opened the Sunseeker Resort Charlotte Harbor, featuring 785 guestrooms and 18 dining options [12] - ALGT holds a 3 (Hold) Zacks Rank with a VGM Score of B and a Value Style Score of A, supported by a forward P/E ratio of 22.57 [13] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate by $0.54 to $2.96 per share, with an average earnings surprise of +16% [13][14]