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Allegiant Travel (ALGT) Up 32% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-09-03 16:31
A month has gone by since the last earnings report for Allegiant Travel (ALGT) . Shares have added about 32% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Allegiant Travel due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Allegiant Travel Company before we dive into how investors and analysts have reacted as of late.Allegi ...
X @Bloomberg
Bloomberg· 2025-09-03 08:34
Lufthansa’s pilots union has taken the first step toward striking over pensions, raising the risk of renewed walkouts at Europe’s largest airline group https://t.co/xDrMOpoRfl ...
Here's Why You Should Avoid Frontier Group Stock for Now
ZACKS· 2025-09-02 17:50
Core Viewpoint - Frontier Group (ULCC) is experiencing significant financial pressure due to rising costs and operational inefficiencies, making it less appealing for investors [1] Financial Performance - The Zacks Consensus Estimate for the current-quarter loss has widened to 35 cents per share from a previous estimate of 9 cents, indicating a lack of confidence from brokers [2] - The 2025 loss estimate has also increased to 66 cents per share, compared to 40 cents a month ago [2] - ULCC shares have declined by 31.1% year-to-date, while the Transportation - Airline industry has grown by 11.7% [3][8] Earnings and Cost Analysis - ULCC has a mixed earnings surprise history, beating the Zacks Consensus Estimate in two of the last four quarters, with an average miss of 17.54% [5] - The company reported a net loss of $70 million, as expenses outpaced revenue growth despite some efficiency gains [7] - Cost per available seat mile (CASM) rose by 8% year-over-year to 9.73 cents, driven by a 13% decline in average daily aircraft utilization [6][8] - CASM excluding fuel also increased significantly from 6.24 cents to 7.50 cents, indicating broader cost pressures [6] Market Position - ULCC currently holds a Zacks Rank of 4 (Sell), reflecting its unfavorable market position [5] - The company's earnings estimates have plummeted, with a 230% cut in the 2025 forecast over the past 60 days [8] Alternative Investment Options - Investors may consider LATAM Airlines Group (LTM) and SkyWest (SKYW) as alternatives, both holding a Zacks Rank of 1 (Strong Buy) [9][10] - LTM has an expected earnings growth rate of 45% for the current year, while SkyWest has an expected growth rate of 28.06% [10][11]
X @Bloomberg
Bloomberg· 2025-09-02 12:45
Portugal is preparing to spell out the conditions for the sale of TAP, a key step before formally inviting offers for Europe’s largest wholly state-owned airline https://t.co/2qOEH8lLCB ...
Is Japan Airlines (JAPSY) Stock Undervalued Right Now?
ZACKS· 2025-09-01 14:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...
Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year
NBC News· 2025-08-30 00:21
Spirit Airlines announcing it has filed for Chapter 11 bankruptcy protection. It's the second time the budget airline has filed for Chapter 11 in just the past year. In an open letter, Spirit announced a comprehensive restructuring to quote position the business for long-term success.The airline says customers will still be able to book to travel and use tickets and credits. ...
X @Bloomberg
Bloomberg· 2025-08-29 22:32
Spirit Airline executives who oversaw the company’s first attempt to restructure in bankruptcy and its subsequent descent into another Chapter 11 will receive millions in bonuses for staying at the cash-strapped airline as it tries again to turn around https://t.co/W984Rp2r1w ...
X @Bloomberg
Bloomberg· 2025-08-29 20:30
Spirit Aviation, the parent of Spirit Airlines, filed for bankruptcy for the second time in less than one year after its cash strapped airline failed to turn around its business https://t.co/PO18pdTL5A ...
X @Bloomberg
Bloomberg· 2025-08-27 13:53
Boeing has accelerated 737 Max deliveries to Ryanair, the Irish airline’s chief executive officer said https://t.co/FSWjmUbkjM ...
Southwest slammed for changing extra seat refund policy
NBC News· 2025-08-25 14:46
Southwest is changing another long-standing policy. So, starting in January, the airline will require passengers who encroach upon the neighboring seat to buy an additional ticket, which may not be refunded. Now, previously, you could either pay the cost of an extra seat in advance and later get a refund, or show up at the airport and request an extra seat at no charge.So now the second seat will only be refundable if the flight takes off with at least one open seat and both are in the same fair class. Advo ...