Zacks Transportation - Airline industry's prospects look bright on the back of a rosy air travel demand scenario. Declining fuel costs also bode well for airlines. This is because expenses on fuel represent a key input cost for airlines.As a result, we believe that investors interested in the industry would do well to bet on stocks like Ryanair Holdings (RYAAY) , Southwest Airlines (LUV) and Allegiant Travel (ALGT) for higher returns.About the Industry The Zacks Airline industry players are engaged in trans ...

The U.S. annual inflation rate slowed for the sixth consecutive month to 2.4% in September 2024, marking its lowest level since February 2021. Additionally, stagnant wholesale prices, as indicated by the latest Producer Price Index, signal continued progress on inflation. Despite political and geopolitical uncertainty, the S&P 500 has surged 22% this year and is poised for another year of double-digit gains. However, a tight U.S. presidential race and heightened Middle East tensions have investors cautious ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Allegiant Travel (ALGT) . This company, which is in the Zacks Transportation - Airline industry, shows potential for another earnings beat.When looking at the last two reports, this travel services company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 61.24%, on average, in ...

文章核心观点 - 该公司是一家集航空公司和旅游业务于一体的综合性旅游公司,专注于连接中小城市旅客与主要旅游目的地[1] - 公司自1999年以来一直提供低成本的航班服务,目前已覆盖全国各地的社区[1] 公司概况 - 公司总部位于拉斯维加斯,是一家上市公司,股票代码为ALGT[1] - 公司将于2024年10月30日发布第三季度财报,并进行电话会议[1] - 公司网站提供了财报和新闻发布等投资者信息[2] 航空业务 - 公司航空公司Allegiant Air自1999年开始提供低成本航班服务[1] - 公司航班主要连接中小城市与主要旅游目的地,平均票价低于国内平均往返票价的一半[1] - 公司机队目前已覆盖全国各地的社区[1]

LAS VEGAS, Oct. 8, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT), today announced the publication of its third-annual Sustainability Report.Last year, Allegiant announced goals to accelerate sustainability initiatives throughout the business to better serve its employees, customers, shareholders and communities. Allegiant's 2023 Sustainability Report documents the progress made towards these impact areas. It embodies the growing culture of responsibility at Allegiant, where stakeholder dedication, and an in ...

Shares of Allegiant Travel Company (ALGT) have had a good time on the bourses of late, improving in double-digits over the past 30 days. The encouraging price performance resulted in ALGT outperforming its industry in the said time frame. Moreover, ALGT’s price performance compares favorably with that of fellow U.S. airline operators Southwest Airlines Co. (LUV) and Delta Air Lines (DAL) in the same time frame.           One-Month Price Comparison Image Source: Zacks Investment ResearchCurrently trading at ...

Shares of Allegiant Travel Company (ALGT) performed well on the bourse on Sept. 20, 2024, closing the trading session at $45.81 per share, up 6.39% from the previous day's closing. The upside was owing to the improved third-quarter 2024 guidance revealed by the company on the back of upbeat travel demand.ALGT now anticipates its third-quarter capacity (measured in available seat miles) for scheduled service to increase 1.6% on a year-over-year basis. This marks an improvement from the prior expectation to i ...

LAS VEGAS, Sept. 20, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2024."As we have progressed through the third quarter, we have continued to observe a strong demand environment," noted Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "While we expected the year-over-year unit revenue cadence to improve through the end of the quarter, the environment has certainly outperformed our initial expectations. Although ...

LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that Scott DeAngelo, executive vice president and chief marketing officer, has resigned. His last day with the company will be Sept. 30.DeAngelo joined the company in 2018 and immediately set to work establishing a marketing and advertising strategy that has led to multiple awards and recognitions, including USA TODAY's Readers' Choice Awards for Best Airline Credit Card and Best Frequent Flyer Program."We are grateful to Scot ...

It is a well-documented fact that inflation in the United States has been cooling over the past few months. The favorable inflation readings have made market watchers hopeful of a rate cut soon. Lower interest rates bring down borrowing costs, boosting economic growth. Healthy economic data released recently also bode well.To take advantage of this brightening picture, investors are advised to have broker-favored stocks like AdvanSix (ASIX) , Allegiant Travel Company (ALGT) , CVR Energy (CVI) , Warner Bros. ...