Allegiant Travel Co (NASDAQ: ALGT) stock closed at $40.53 on 8/15/24 after a major increase of 11.5%. NORMAL trading volume accompanied the advance. The stock has risen 3.6% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ALGT is expected to continue to be a Value Builder.
Allegiant Travel has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Allegiant Travel has a very high Appreciation Score of 93 but a very low Power Rating of 2, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.