Allegiant Journey Firm (NASDAQ:ALGT) is without doubt one of the low-cost shares to purchase for the subsequent 5 years. On October 3, Susquehanna raised the agency’s worth goal on Allegiant Journey to $65 from $50, whereas preserving a Impartial score on the shares as a part of its Q3 2025 earnings preview for the airways group.
Earlier for Q2 2025, Allegiant Journey reported that the corporate’s income reached $669 million, which was ~3% above the prior 12 months’s determine. The corporate achieved an working margin of 8.6%, efficiently exceeding its preliminary steerage, contributing to a first-half working margin near 9%, an enchancment over the earlier 12 months.
Fleet modifications included the retirement of two A320 collection plane and the supply of 5 new 737 MAX plane. The corporate’s monetary place included $853 million in money and investments, and a complete debt of just under $2 billion, leading to a internet leverage of two.6 occasions. Allegiant was additionally named Skytrax’s finest low-cost provider in North America for the second consecutive 12 months.
Allegiant Journey Firm (NASDAQ:ALGT) is a leisure journey firm that gives journey and leisure companies and merchandise to residents of underserved cities within the US.
Whereas we acknowledge the potential of ALGT as an funding, we consider sure AI shares provide higher upside potential and carry much less draw back threat. Should you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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