Allegiant Travel Company Stock News

Allegiant Travel (NASDAQ:ALGT) and Frontier Group (NASDAQ:ULCC) are both mid-cap transportation companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, earnings, profitability, valuation and dividends. Institutional & Insider Ownership 86.0% of Allegiant Travel shares are held by institutional investors. Comparatively, []

The partnership between Allegiant (ALGT) and Viva Aerobus', on materialization, is expected to widen travel options for passengers between Mexico and the United States.

The partnership between Allegiant (ALGT) and Viva Aerobus', on materialization, is expected to widen travel options for passengers between Mexico and the United States.

Allegiant Travel Co (NASDAQ: ALGT) agreed to make an equity investment of $50 million in Viva Aerobus and form a fully-integrated Commercial Alliance Agreement. Allegiant Chairman and CEO Maurice J.

Brokerages expect Allegiant Travel (NASDAQ:ALGT) to report $1.15 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Allegiant Travels earnings, with estimates ranging from $1.01 to $1.27. Allegiant Travel reported earnings per share of ($1.12) during the same quarter last year, which would suggest []

Louisiana State Employees Retirement System grew its stake in Allegiant Travel (NASDAQ:ALGT) by 10.6% in the third quarter, Holdings Channel reports. The fund owned 7,300 shares of the transportation companys stock after purchasing an additional 700 shares during the period. Louisiana State Employees Retirement Systems holdings in Allegiant Travel were worth $1,427,000 at the end []

Comerica Bank raised its stake in Allegiant Travel (NASDAQ:ALGT) by 3.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 13,646 shares of the transportation companys stock after purchasing an additional 392 shares during the period. Comerica Bank owned 0.08% of Allegiant Travel worth $2,420,000 as of its []

Analysts expect Allegiant Travel (NASDAQ:ALGT) to report $469.00 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Allegiant Travels earnings, with the lowest sales estimate coming in at $464.70 million and the highest estimate coming in at $472.00 million. Allegiant Travel reported sales of $246.56 million during []

Thrivent Financial for Lutherans grew its holdings in Allegiant Travel (NASDAQ:ALGT) by 10.4% during the second quarter, Holdings Channel.com reports. The firm owned 11,909 shares of the transportation companys stock after acquiring an additional 1,121 shares during the quarter. Thrivent Financial for Lutherans holdings in Allegiant Travel were worth $2,310,000 as of its most recent []

Equity index futures were mixed before the open as the Dow Jones Industrial Average and the S&P 500 index futures point to a lower open. However, the Nasdaq futures are pointing higher. The negativity

The Zacks Analyst Blog Highlights: Copa Holdings, Allegiant Travel Company, Spirit Airlines, United Airlines and American Airlines

Goldman Sachs analyst Catherine O'Brien upgraded Allegiant Travel Company (NASDAQ:ALGT) to Buy from Neutral and raised the price target to $250, from $245, representing 32.8% upside. The analyst e

AQR Capital Management LLC increased its stake in shares of Allegiant Travel (NASDAQ:ALGT) by 25.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,631 shares of the transportation companys stock after buying an additional 1,957 shares during the period. AQR []

Nuveen Asset Management LLC lowered its position in Allegiant Travel (NASDAQ:ALGT) by 9.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 51,554 shares of the transportation companys stock after selling 5,473 shares during the period. Nuveen Asset Management LLC owned 0.29% of Allegiant Travel worth $10,002,000 []