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Allegiant Travel Company (ALGT)

- NASDAQ
  • Wed, Apr. 1, 10:55 AM
    • Airline stocks are lower on the day with oil rallying again.
    • American Airlines Group (AAL -4.1%), Delta Air Lines (DAL -3.8%), and United Continental (UAL -3.7%) are the leading decliners after taking on a Deutsche Bank downgrades on top of the oil development.
    • Allegiant Travel (ALGT -2.1%), Spirit Airlines (SAVE -2.1%), and Alaska Airways Group (ALK -2.4%) are also peeling off share price.
    • The sector could see some volatility over the next week as carriers report on their March load factors and passenger revenue metrics.
    • Previously: Supply and demand questions in the U.S. airline sector
    • Previously: Deutsche Bank warns on international airline sales
    | 11 Comments
  • Thu, Feb. 19, 9:48 AM
    • Strong gains across the airline sector after oil prices move in the right direction after inventories increase.
    • What to watch: The West Coast port slowdown is now a factor in the jet fuel market (Platts breakdown).
    • Gainers: Republic Airways (NASDAQ:RJET) +4.7%, Delta Air Lines (NYSE:DAL) +4.1%, JetBlue (NASDAQ:JBLU) +3.9%, Southwest Airlines (NYSE:LUV) +2.6%, United Continental (NYSE:UAL) +2.8%, American Airlines Group (NASDAQ:AAL) +2.1%, United Continental (UAL) +2.5%, Spirit Airlines (NASDAQ:SAVE) +2.6%, Virgin America (NASDAQ:VA) +2.1%, Allegiant Travel (NASDAQ:ALGT) +1.8%, Hawaiian Holdings (NASDAQ:HA) +1.2%.
    | 18 Comments
  • Tue, Feb. 3, 2:46 PM
    • Another strong jump in oil prices has tripped up airline stocks again.
    • The outlier in the group is Virgin America (NASDAQ:VA) which has managed a 0.2% gain.
    • The sector is coming off a Q4 where most companies realized a double-digit decline in fuel expenses with no give back on airfares.
    • Decliners: Republic Airways (NASDAQ:RJET) -1.1%, Delta Air Lines (NYSE:DAL) -1.1%, Hawaiian Holdings (NASDAQ:HA) -1.0%, Southwest Airlines (NYSE:LUV) -3.1%, Alaska Air Group (NYSE:ALK) -3.0%, American Airlines Group (NASDAQ:AAL) -2.4%, Allegiant Travel (NASDAQ:ALGT) -3.2%, JetBlue (NASDAQ:JBLU) -2.1%, United Continential (NYSE:UAL) -2.3%.
    | 18 Comments
  • Mon, Feb. 2, 3:02 PM
    • Airline stocks retreat after oil prices make a strong move higher.
    • Despite the ups and downs in the sector as developments with the oil market dominates headlines, more analysts are jumping aboard the long-term story on airlines on earnings growth potential and cash flow allocation plans.
    • Today it was Raymond James coming in with upgrades on Delta Air Lines , Spirit Airlines (SAVE +1%), and United Continental to a Strong Buy.
    • Decliners: Republic Airways (NASDAQ:RJET) -3.8%, Delta Air Lines (NYSE:DAL) -3.0%, Hawaiian Holdings (NASDAQ:HA) -2.7%, Southwest Airlines (NYSE:LUV) -2.5%, Alaska Air Group (NYSE:ALK) -1.9%, American Airlines Group (NASDAQ:AAL) -1.7%, Allegiant Travel (NASDAQ:ALGT) -1.5%, JetBlue (NASDAQ:JBLU) -1.4%, United Continential (NYSE:UAL) -1.2%.
    | 9 Comments
  • Thu, Jan. 22, 9:31 AM
    • Airline stocks are set to rally as news from the sector continues to be favorable.
    • Double-digit fuel cost declines. Check.
    • Fares holding. Check.
    • Passenger revenue miles outpacing capacity gains. Check.
    • Analyst ratings and EPS upgrades. Check.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA.
    | 36 Comments
  • Dec. 31, 2014, 10:07 AM
    • Airline stocks are in rally mode again off of momentum driven by the latest slide in oil prices.
    • Southwest Airlines (LUV +2.2%) is poised to end the year as the top performing stock of the S&P 500 Index with a +125% rip.
    • Though jet fuel hedging strategies vary widely throughout the sector, a prolonged period of lower oil prices will allow all carriers to realize a benefit.
    • Gainers: Republic Airways (NASDAQ:RJET) +4.4%, United Continental (NYSE:UAL) +2.4%, Virgin America (NASDAQ:VA) +1.9%, JetBlue (NASDAQ:JBLU) +1.8%, Alaska Air Group (NYSE:ALK) +1.7%, Allegiant Travel (NASDAQ:ALGT) +1.6%, Delta Air Lines (NYSE:DAL) +1.6%, SkyWest (NASDAQ:SKYW) +1.4%.
    • Previous: Hedging strategies by airline
    | 2 Comments
  • Oct. 21, 2014, 1:12 PM
    • Airline stocks are putting in another volatile day as the Ebola headlines veer toward the positive side.
    • Gainers: Spirit Airlines (NASDAQ:SAVE) +5.0%, American Airlines Group (NASDAQ:AAL) +5.3%, Southwest Airlines (NYSE:LUV) +4.7%, SkyWest (NASDAQ:SKYW) +4.1%, United Continental (NYSE:UAL) +2.9%, Delta Air Lines (NYSE:DAL) +2.5%, Allegiant Travel (NASDAQ:ALGT) +1.9%, JetBlue (NASDAQ:JBLU) +2.3%, Alaska Air Group (NYSE:ALK) +1.9%.
    | 7 Comments
  • Jul. 2, 2014, 11:43 AM
    • Airline stocks are showing weakness after sector leader Delta disappoints with its report on June PRASM.
    • The sector was due for a little bit of a blowoff, according to many industry insiders. Delta's stance that global capacity is on the rise provided the spark.
    • Decliners: United Continental (UAL) -5.4%, Delta Air Lines (DAL) -4.7%, American Airlines Group (AAL) -3.0%, Allegiant Travel (ALGT) -2.9%, Hawaiian Holdings (HA) -2.2%, JetBlue Airways (JBLU) -2.0%, Alaska Air Group (ALK) -2.0%.
    | 14 Comments
  • Jun. 12, 2014, 12:19 PM
    • Airline stocks take another beating after yesterday's warning from Lufthansa on pricing continues to sour the mood on the group and the prospect of higher oil prices crops up with Iraqi in chaos.
    • Regional carriers in the U.S. aren't being spared in the broad sell-off.
    • Decliners: United Continental (UAL) -5.7%, Southwest Airlines (LUV) -4.5%, Delta Air Lines (DAL) -5.1%, JetBlue (JBLU) -3.9%, Alaska Air Group (ALK) -3.4%, American Airlines Group (AAL) -6.4%, Allegiant Travel (ALGT) -3.7%, Hawaiian Holdings (HA) -4.1%.
    | 24 Comments
  • Mar. 25, 2014, 2:02 PM
    • Airline stocks are getting a lift today after a note from UBS to clients sheds some light on why revenue growth could impress.
    • The firm's early read on the sector's Q2 bookings shows it tracking at a solid 5.5%-6.0% Y/Y growth pace.
    • Advancers: Hawaiian Holdings (HA) +3.2%, Delta Air Lines (DAL) +3.3%, Alaska Air Group (ALK) +2.5%, Spirit Airlines (SAVE) +2.5%, American Airlines (AAL) +2.2%, Republic Airways (RJET) +1.6%, Allegiant Travel (ALGT) +1.5%.
    | 4 Comments
  • Jan. 30, 2014, 12:45 PM
    | Comment!
  • Sep. 6, 2013, 10:40 AM
    • Higher crude oil prices continue to tip sentiment on airline stocks.
    • The industry was starting to see some traction on global fares and domestic capacity discipline before the recent tension in Syria threw a wildcard in the mix.
    • Decliners: HA -3.0%, RJET -2.9%, ALGT -2.3%, DAL -2.0%, JBLU -1.2%, UAL -0.9%.
    | Comment!
  • Aug. 29, 2013, 11:33 AM
    • A research note from Buckingham Research dissects the recent development that the Department of Justice will work toward a settlement with US Airways (LCC +4.2%) and American Airlines (AAMRQ.PK).
    • Analyst Dan McKenzie calls a quick deal "highly unlikely" because of the high concessions the DOJ is asking for and the difficulty in getting six state AGs and the District of Columbia to sign off.
    • If Buckingham is right, today's airline stock rally (DAL, UAL, LUV, SAVE, ALGT, JBLU) could be a bit hasty.
    | 3 Comments
  • Jul. 23, 2013, 12:45 PM
    Midday top 10 gainers: UPI +42%. IPCI +30%. FIRE +28%. CSE +22%. USU +19%. DLIA +19%. SMSI +16%. URRE +16%. PRAN +14%. HSTM +14%. Midday top 10 Losers: CTG -22%. ALGT -13%. HGSH -13%. OME -10%. SPTN -10%. NAFC -10%. EMITF -9%. SILC -9%. DRTX -9%. STM -8%.
    | Comment!
  • Apr. 26, 2013, 12:27 PM
    The squeaky wheel gets the grease as the U.S. House votes to approve a bill to end the furlough of FAA employees. Those that bought airline stocks (FAA) on Monday when overwrought reports of long delays at U.S. airports rattled the sector made a good call.
    | 3 Comments
  • Apr. 2, 2013, 10:50 AM
    Airline stocks (FAA) take a turn lower after Delta Air Lines (DAL -6.7%) issues a disappointing report on March traffic. The carrier blamed the sequester and some temporary tech issues for a loss in late bookings, but investors don't seem to buying the excuses. As the first carrier to report March numbers, what Delta says carries some weight. Decliners: LCC -5.3%, ALK -4.6%, UAL -4.4%, LUV -3.7%, JBLU -3.2%, ALGT -1.7%.
    | 6 Comments
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Company Description
Allegiant Travel Co LLC a leisure travel company, engaged in transporting travelers in small cities to leisure destinations. The Company provides air-related services and products along with air transportation.
Sector: Services
Country: United States