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NASDAQ: ALGT
Allegiant Travel Co Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ALGT

Based on 8 analysts offering 12 month price targets for Allegiant Travel Co.
Min Forecast
$75.00-23.07%
Avg Forecast
$100.25+2.83%
Max Forecast
$126.00+29.24%

Should I buy or sell ALGT stock?

Based on 8 analysts offering ratings for Allegiant Travel Co.
Hold
Strong Buy
1 analysts 12.5%
Buy
1 analysts 12.5%
Hold
5 analysts 62.5%
Sell
1 analysts 12.5%
Strong Sell
0 analysts 0%

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ALGT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 5%
96
BuyMaintains$123.00+26.17%2023-05-15
Goldman Sachs
Top 14%
87
Strong BuyMaintains$126.00+29.24%2023-05-04
Bank of America
Bottom 2%
2
SellDowngrades$75.00-23.07%2023-05-01
Barclays
Bottom 8%
8
HoldDowngrades$105.00+7.70%2023-03-10
Deutsche Bank
Top 9%
92
HoldMaintains$85.00-12.81%2023-02-02
Cowen & Co.
Bottom 4%
4
HoldMaintains$83.00-14.86%2023-02-02
Susquehanna
Top 22%
79
HoldDowngrades$90.00-7.68%2023-01-11
Morgan Stanley
Bottom 1%
1
HoldDowngrades$115.00+17.96%2022-12-05

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Forecast return on equity

Is ALGT forecast to generate an efficient return?
Company
26.8%
Industry
58.58%
Market
13.42%
ALGT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALGT forecast to generate an efficient return on assets?
Company
7.28%
Industry
12.38%
ALGT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALGT earnings growth forecast

How is ALGT forecast to perform vs Airlines companies and vs the US market?
Company
170.3%
Industry
103.92%
Market
115.27%
ALGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ALGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ALGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ALGT revenue growth forecast

How is ALGT forecast to perform vs Airlines companies and vs the US market?
Company
8.3%
Industry
35.43%
Market
17.22%
ALGT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALGT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALGT vs Airline Stocks

TickerPricePrice TargetUp/downsideConsensus
ALGT$97.49$100.25+2.83%Hold
ULCC$8.23$15.75+91.37%Buy
SAVE$15.21$17.00+11.77%Sell
VLRS$13.80$19.90+44.20%Strong Buy
JBLU$6.83$8.67+26.90%Sell
View Top Airline Stocks

Allegiant Travel Co Stock Forecast FAQ

Is Allegiant Travel Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: ALGT) stock is to Hold ALGT stock.

Out of 8 analysts, 1 (12.5%) are recommending ALGT as a Strong Buy, 1 (12.5%) are recommending ALGT as a Buy, 5 (62.5%) are recommending ALGT as a Hold, 1 (12.5%) are recommending ALGT as a Sell, and 0 (0%) are recommending ALGT as a Strong Sell.

If you're new to stock investing, here's how to buy Allegiant Travel Co stock.

What is ALGT's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: ALGT) forecast ROE is 26.8%, which is considered strong.

What is ALGT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year ALGT price target, the average ALGT price target is $100.25, with the highest ALGT stock price forecast at $126.00 and the lowest ALGT stock price forecast at $75.00.

On average, Wall Street analysts predict that Allegiant Travel Co's share price could reach $100.25 by May 15, 2024. The average Allegiant Travel Co stock price prediction forecasts a potential upside of 2.83% from the current ALGT share price of $97.49.

What is ALGT's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: ALGT) forecast ROA is 7.28%, which is lower than the forecast US Airlines industry average of 12.38%.
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