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Allegiant Travel (ALGT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Riding on an upbeat air travel demand scenario, SKYW, DAL, and ALGT are likely to attract significant traffic over the Independence Day holiday period.
Allegiant Travel (ALGT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
ALGT's May traffic rises 10.2%, but capacity outpaces demand, pushing the load factor down to 80.3% from 84.8% last year.
LAS VEGAS , June 27, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2025. Scheduled Service – Year Over Year Comparison May 2025 May 2024 Change Passengers 1,545,033 1,414,692 9.2 % Revenue passenger miles (000) 1,391,969 1,263,087 10.2 % Available seat miles (000) 1,732,505 1,489,477 16.3 % Load factor 80.3 % 84.8 % (4.5pts) Departures 11,174 9,615 16.2 % Average stage length (miles) 884 882 0.2 % Total System* – Year Over Year Comparison May 2025 May 2024 Change Passengers 1,563,294 1,428,599 9.4 % Available seat miles (000) 1,791,988 1,538,208 16.5 % Departures 11,641 9,976 16.7 % Average stage length (miles) 878 877 0.1 % *Total system includes scheduled service and fixed fee contract.
With ALGT shares moving south, we assess the current positioning of the stock to determine if it's a good investment at this juncture.
For second consecutive year, Allegiant wins for its exceptional customer service LAS VEGAS , June 23, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2025's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organization. This is the second consecutive year Allegiant has won this award.
With inflation easing and consumer confidence rebounding, brokers favor stocks like BTSG, ALGT, CVI, ALTG and CBRL.
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
ALGT's April traffic jumps 17.4% year over year, but the load factor slips as capacity growth outpaces demand.