Raymond James analyst Savanthi Syth reiterated a Buy rating on Allegiant Travel Company (NASDAQ:ALGT) on Monday, setting a price target of $290, which is approximately 14.71% above the present share price of $252.82.
Syth expects Allegiant Travel Company to post earnings per share (EPS) of -$1.79 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Allegiant Travel Company, with an average price target of $260.63.
The analysts price targets range from a high of $300 to a low of $220.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $246.56 million and a net profit of $1.8 million. The company's market cap is $4.15 billion.
According to TipRanks.com, Raymond James analyst Savanthi Syth is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.9% and a 59.82% success rate.
Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation, air-related travel services and product, third party travel products and fixed fee contract air transportation. The company was founded in January 1997 and is headquartered in Las Vegas, NV.