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Allegiant Travel Reduces Debt with $120M Prepayment

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Allegiant Travel Reduces Debt with $120M Prepayment

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An announcement from Allegiant Travel Company ( (ALGT) ) is now available.

On October 15, 2025, Allegiant Travel Company repaid $120 million of its senior secured notes due in August 2027, following a call feature exercised in September 2025. This prepayment, along with other debt repayments, reduced the company’s outstanding debt significantly, reflecting a strategic move to strengthen its financial position by lowering its debt obligations.

The most recent analyst rating on (ALGT) stock is a Hold with a $67.00 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 is primarily influenced by financial challenges, including negative profitability and high leverage. Technical indicators show positive momentum, but valuation concerns persist with a negative P/E ratio. The earnings call provides a mixed outlook with strong operational performance but notable risks.

To see Spark’s full report on ALGT stock, click here.

More about Allegiant Travel Company

Allegiant Travel Company operates in the travel industry, primarily focusing on providing air transportation services. The company is known for offering low-cost flights and vacation packages, catering to leisure travelers in the United States.

Average Trading Volume: 389,015

Technical Sentiment Signal: Buy

Current Market Cap: $1.21B

For an in-depth examination of ALGT stock, go to TipRanks’ Overview page.

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