Allegiant Travel traded at $82.98 this Wednesday June 3rd, decreasing $4.69 or 5.35 percent since the previous trading session. Looking back, over the last four weeks, Allegiant Travel lost 15.30 percent. Over the last 12 months, its price rose by 47.18 percent. Looking ahead, we forecast Allegiant Travel to be priced at 89.79 by the end of this quarter and at 84.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Allegiant Travel Company is a leisure travel company that is focused on providing travel services and products to residents of under-served cities in the United States. The Company offers Scheduled service air transportation and Ancillary air-related products and services. Its Scheduled service air transportation provides scheduled air transportation on limited-frequency, nonstop flights predominantly between under-served cities and popular leisure destinations. Its Ancillary air-related products and services provide unbundled air-related services and products in conjunction with air transportation for an additional cost to customers. It also operates non-airline related entities that include the development of Sunseeker Resort and related golf course, and Teesnap golf course management solutions. It also operates a passenger airline that sells air transportation both on a stand-alone basis and bundled with the sale of ancillary air-related and third-party services and products.