Allegiant Journey (NASDAQ:ALGT) rankings had been offered by four analysts within the final three months, exhibiting a mixture of bullish and bearish outlooks.
The desk beneath summarizes its current rankings, sheds mild on altering sentiments over the previous 30 days, and compares them to earlier months.
| Bullish | Considerably bullish | Detached | Considerably bearish | Bearish | |
|---|---|---|---|---|---|
| Complete Rankings | Zero | 1 | 2 | Zero | 1 |
| Final 30D | Zero | Zero | 1 | Zero | Zero |
| 1 million in the past | Zero | Zero | Zero | Zero | 1 |
| 2M in the past | Zero | 1 | 1 | Zero | Zero |
| 3M in the past | Zero | Zero | Zero | Zero | Zero |
Analysts' 12-month value goal outlook is revealed, that includes a median goal of $73.5, a excessive estimate of $100.00, and a low estimate of $58.00. This present common represents a 13.53% decline from the earlier common value goal of $85.00.
Decoding Analyst Rankings: A Nearer Look
By analyzing current analyst actions, we acquire perception into how monetary specialists understand Allegiant Journey. The next abstract outlines key analysts, their current assessments, and changes to rankings and value targets.
| Analyst | Analyst agency | Motion taken | Classification | Present goal value | Earlier value goal |
|---|---|---|---|---|---|
| Brandon Oglenski | Barclays | Low | equal weight | $60.00 | $65.00 |
| Atul Maheswari | USB | pronounces | Promote | $58.00 | – |
| Christopher Stathoulopoulos | Susquehanna | Low | Impartial | $76.00 | $80.00 |
| Savanthi straight | Raymond James | Low | Recover from | $100.00 | $110.00 |
Key concepts:
- Motion taken: Analysts reply to modifications in market circumstances and firm efficiency, steadily updating their suggestions. Whether or not they “keep,” “enhance,” or “lower” their stance displays their response to current occasions involving Allegiant Journey. This info offers a snapshot of how analysts understand the present state of the corporate.
- Classification: When analyzing developments, analysts supply qualitative assessments, starting from “outperform” to “underperform.” These rankings convey expectations about Allegiant Journey's relative efficiency in comparison with the broader market.
- Value Targets: Analysts measure the dynamics of value targets and supply estimates of the long run worth of Allegiant Journey shares. This comparability reveals developments in analyst expectations over time.
Seize useful insights into Allegiant Journey's market place by understanding these analyst assessments together with related monetary indicators. Keep knowledgeable and make strategic choices with our Scorecard.
Keep updated on Allegiant Journey analyst rankings.
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Digging into the background of Allegiant Journey
Allegiant Journey Co presents journey companies in the USA. Sells air transportation independently or together with air-related and third-party companies and merchandise. Prospects also can buy fixed-rate flight preparations for year-round and advert hoc constitution service. Moreover, prospects should purchase resort rooms, floor transportation, and different sights (for instance, tickets to leisure exhibits) for a visit. The corporate's working section contains airways, Sunseeker Resort and different non-airline firms. Prospects buy journey tickets at airport ticket counters, on-line or via their phone reservation heart.
A deep dive into Allegiant Journey's financials
Market capitalization evaluation: The corporate's market capitalization is beneath the trade common, suggesting that it’s comparatively smaller in comparison with its friends. This could possibly be as a result of a number of components, together with perceived progress potential or operational scale.
Earnings challenges: Allegiant Journey's income progress for three months confronted difficulties. As of December 31, 2023, the corporate skilled a lower of roughly -Zero.09%. This means a decline in top-line income. In comparison with its trade friends, the corporate lags with a progress charge beneath the typical amongst its trade sector friends.
Internet margin: Allegiant Journey's web margin excels past trade benchmarks, reaching -Zero.29%. This implies environment friendly value administration and robust monetary well being.
Return on fairness (ROE): Allegiant Journey's ROE stands out, exceeding trade averages. With a formidable ROE of -Zero.13%The corporate demonstrates efficient use of fairness capital and robust monetary efficiency.
Return on Property (ROA): Allegiant Journey's ROA excels past trade benchmarks, reaching -Zero.04%. This implies environment friendly asset administration and robust monetary well being.
Debt administration: The corporate maintains a balanced debt method with a debt-to-equity ratio beneath trade norms, rating in 1.78.
Analyst Rankings: What Are They?
Benzinga tracks 150 analyst companies and stories on their inventory expectations. Analysts usually attain their conclusions by predicting how a lot cash an organization will make sooner or later, usually throughout the subsequent 5 years, and the way dangerous or predictable its revenue streams are.
Analysts attend convention calls and firm conferences, analysis the corporate's monetary statements, and talk with insiders to publish their rankings of the inventory. Analysts usually charge every inventory as soon as 1 / 4 or every time the corporate has a serious replace.
Some analysts additionally supply predictions of helpful metrics, akin to earnings, income, and progress estimates, to supply extra steering on what to do with sure tickers. You will need to word that whereas inventory and sector analysts are specialists, they’re additionally people and may solely forecast their beliefs to merchants.
This text was generated by Benzinga's automated content material engine and reviewed by an editor.