Allegiant Travel Company (ALGT) Stock AnalysisALGTStock AnalysisAllegiant Travel Company

Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company operates through Airline segment. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. Its scheduled service air transportation provides scheduled air transportation on limited-frequency, nonstop flights predominantly between under-served cities and leisure destinations. Its ancillary air-related products and services provide unbundled air-related services and products in with air transportation. Its third party products and services offer third party travel products such as hotel rooms, rental cars, and travel insurance from a third party insurer for sale to our passengers. It operates in the Industrials sector (AIR TRANSPORTATION, SCHEDULED industry).

Allegiant Travel Co is currently not a strong buy due to its low RSI of 30.965, indicating oversold conditions, and a current price of $78.94, which is significantly below analyst targets ranging from $116 to $160. However, the recent 22.42% increase in the stock price over the past year suggests potential for recovery. The main risk is the high debt to equity ratio of 156.38%, which could impact financial stability.

14 analysts cover ALGT: 3 rate it Buy, 10 Hold and 1 Sell. The average price target is 104.75.