Allegiant Travel Co (ALGT) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Allegiant Travel Co (ALGT) stock forecast summary
On Oct. 16, 2026, ALGT is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
Allegiant Travel Co is a small-cap company with a market capitalization of $1.83B. It ranks number 9 by market capitalization among the 13 Air Transportation, Scheduled issuers in our coverage with a current forecast.
For ALGT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 38.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How ALGT ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Allegiant Travel Co (ALGT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Air Transportation, Scheduled peers listed below that report each metric.
Valuation & Market
| Metric | ALGT | Rank |
|---|---|---|
| Market Cap | $1.83B | 9/13 |
| P/E Ratio | 44.65x | 3/6 |
| P/B Ratio | 1.67x | 6/8 |
| EPS | $1.50 | – |
| Book Value/Share | $40.09 | – |
| Revenue/Share | $105.86 | – |
| FCF/Share | $4.27 | – |
Profitability & Margins
| Metric | ALGT | Rank |
|---|---|---|
| Operating Margin | 5.3% | 5/9 |
| EBT Margin | 2.0% | 6/9 |
| Tax Rate | 50.6% | – |
Financial Health
| Metric | ALGT | Rank |
|---|---|---|
| Current Ratio | 0.83x | 4/11 |
| D/E Ratio | 3.03x | 5/10 |
| Interest Coverage | 0.5x | 6/8 |
| Working Capital | -$274M | 4/11 |
Cash Flow
| Metric | ALGT | Rank |
|---|---|---|
| Operating Cash Flow | $420M | 7/9 |
| Free Cash Flow | $117M | 4/7 |
| Capital Spending | -$304M | 2/7 |
| OCF Growth YoY | 9.1% | 2/6 |
| FCF Growth YoY | 14.7% | – |
| FCF/Sales | 4.0% | 3/7 |
| CapEx/Sales | 10.5% | 2/7 |
Operational Efficiency
| Metric | ALGT | Rank |
|---|---|---|
| Receivables Turnover | 27.0x | 4/7 |
| Fixed Assets Turnover | 0.7x | 9/9 |
| Days Sales Outstanding | 14 days | 4/7 |
Income Statement
| Metric | ALGT | Rank |
|---|---|---|
| Total Revenue | $2.89B | 8/9 |
| Operating Income | $142M | 7/9 |
Dividend & Shareholder Information
| Metric | ALGT | Rank |
|---|---|---|
| Shares Outstanding | 27M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.36B | 30.8% of assets |
| Cash & Short-term Investments | $509M | 11.5% of assets |
| Accounts Receivable | $107M | 2.4% of assets |
| Total Liabilities | $3.32B | 75.2% of assets |
| Short-term Debt | $1.49B | 33.8% of assets |
ALGT quarterly financials and insider trading
Allegiant Travel Co (ALGT) industry peers
Companies classified under the same SEC industry code as Allegiant Travel Co (Air Transportation, Scheduled): 13 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ALGT Allegiant Travel Co | ▶ | $1.83B |
| DAL Delta Air Lines, Inc. | ▼ | $49.57B |
| UAL United Airlines Holdings, Inc. | ▶ | $31.19B |
| RYAAY Ryanair Holdings Plc | ▼ | $27.42B |
| LUV Southwest Airlines Co | ▶ | $19.32B |
| LTM Latam Airlines Group S.A. | ▼ | $13.63B |
| AAL American Airlines Group Inc. | ▶ | $7.86B |
| CPA Copa Holdings, S.A. | ▼ | $5.47B |
| ALK Alaska Air Group, Inc. | ▲ | $3.92B |
| AZUL Azul Sa | ▼ | $1.17B |
| ULCC Frontier Group Holdings, Inc. | ▲ | $1.08B |
| RJET Republic Airways Holdings Inc. | ▼ | $751M |
| FJET Starfighters Space, Inc. | ▲ | $61M |
Where ALGT sits on the market map
Allegiant Travel Co (ALGT) stock news
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Allegiant Travel Co (ALGT) stock forecast FAQ
What is the Allegiant Travel Co (ALGT) stock forecast?
On Oct. 16, 2026, ALGT is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
How accurate are Allegiant Travel Co stock predictions?
For ALGT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 38.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Allegiant Travel Co forecasts updated?
Allegiant Travel Co forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Allegiant Travel Co's industry peers?
13 issuers in our coverage, ALGT included, share the SEC industry code Air Transportation, Scheduled. The largest are: Delta Air Lines, Inc. (DAL), United Airlines Holdings, Inc. (UAL), Ryanair Holdings Plc (RYAAY), Southwest Airlines Co (LUV), Latam Airlines Group S.A. (LTM), American Airlines Group Inc. (AAL).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.