Allegiant Travel (ALGT, Financial) saw its stock price rise by 5.04%, reaching $66.33 per share with a trading volume of 151,311 shares. The turnover rate was 0.83%, and the stock's price fluctuation reached 5.69%.
Recent financial reports revealed that Allegiant Travel achieved a revenue of $666 million and a net profit of $13.37 million, with an earnings per share of $0.75. The company's gross profit was reported at $80.51 million, and it currently holds a P/E ratio of -76.15.
In terms of analyst ratings, out of 12 institutions, 17% recommended a buy, 75% suggested holding, and 8% advised selling the stock. In the aviation sector, where Allegiant Travel operates, the overall growth was flat.
Other significant performers in the industry included Frontier Group Holdings, Inc., Mesa Air Group, and Surf Air Mobility Inc., which experienced notable increases. Frontier Group Holdings, Inc. had a price fluctuation of 10.24%, while JetBlue and Spirit Airlines showed fluctuations of 7.95% and 7.80%, respectively.
Allegiant Travel Company offers travel services in the United States, providing bundled air travel solutions along with hotel rooms, ground transportation, and entertainment options. The company operates through various segments, including airlines and resorts, and offers ticket purchasing through multiple channels like airport counters, online, and phone reservations.
