Allegiant Travel Company (Nasdaq:Algt) is one of the Cheap shares to buy over the next 5 years. On October 3, Susquehanna increased the company’s pricing target to travel to $ 65 from $ 50, maintaining a neutral qualification of the shares as part of its preview of results in the quarter of 2025 for the Airlines group.

Previously, the 22 of 2025, Allegant Travel reported that the company’s revenue reached $ 669 million, which were 3% above the previous year’s figure. The company achieved an operational margin of 8.6%, successfully exceeding its initial orientation, contributing to an operational margin of the first half of about 9%, an improvement over the previous year.

The fleet changes included the removal of 2 A320 series aircraft and the delivery of 5 new maximum aircraft of 737. The company’s financial position included $ 853 million in cash and investments and a total debt of only below $ 2 billion, which resulted in a net leverage of 2.6 times. Allegant was also appointed the best low -cost carrier in North America for the second year in a row.

Allegiant Travel Company (NASDAQ: Algt) is a leisure travel company that offers travel and leisure services to residents of despised city in the United States.

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Dissemination: None. This article is originally published in Privileged monkey.