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Allegiant Travel Company ( (ALGT) ) has shared an update.
On September 4, 2025, Allegiant Travel Company completed the sale of its Sunseeker Resort at Charlotte Harbor, Aileron Golf Course, and related properties in Southwest Florida to affiliates of Blackstone Real Estate Group for $200 million, after closing adjustments. The proceeds from this transaction are intended to be used by Allegiant to reduce corporate debt and for other general corporate purposes, potentially impacting its financial stability and operational focus.
The most recent analyst rating on (ALGT) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on Allegiant Travel Company stock, see the ALGT Stock Forecast page.
Spark’s Take on ALGT Stock
According to Spark, TipRanks’ AI Analyst, ALGT is a Neutral.
Allegiant Travel Company’s stock score reflects significant operational and financial challenges, including high leverage and negative profitability. However, positive operational achievements and strategic financial moves, such as securing a credit facility, provide some optimism. Technical indicators suggest caution, while valuation metrics highlight current financial difficulties.
To see Spark’s full report on ALGT stock, click here.
More about Allegiant Travel Company
Allegiant Travel Company operates in the travel and leisure industry, focusing on providing affordable travel services. The company is known for its low-cost airline services and has expanded its operations to include resort and golf course properties.
Average Trading Volume: 429,619
Technical Sentiment Signal: Sell
Current Market Cap: $1.18B
For a thorough assessment of ALGT stock, go to TipRanks’ Stock Analysis page.