Analyst Ratings For Allegiant Travel
Portfolio Pulse from Benzinga Insights
Analyst ratings for Allegiant Travel (NASDAQ:ALGT) show a mix of perspectives, with 9 analysts providing ratings over the past three months. The average 12-month price target is $53.0, down from $64.89, with a high of $87.00 and a low of $33.00. Recent analyst actions include both raises and lowers in price targets, reflecting dynamic market conditions. Allegiant Travel faces financial challenges, including a decline in revenue growth, low net margin, ROE, and ROA compared to industry averages.
October 03, 2024 | 1:00 pm
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NEGATIVE IMPACT
Allegiant Travel (NASDAQ:ALGT) has received mixed analyst ratings, with a current average price target of $53.0, down from $64.89. Analysts have adjusted their ratings and price targets in response to market conditions. The company faces financial challenges, including declining revenue growth and low profitability metrics compared to industry averages.
The news highlights a decline in the average price target for ALGT, indicating a bearish sentiment among analysts. The company's financial challenges, such as declining revenue growth and low profitability metrics, further support a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100