Allegiant Travel Company (NASDAQ:ALGT) Q1 2024 Earnings Conference Call May 7, 2024 12:30 PM ET Company Participants Sherry Wilson – Managing Director of Investor RelationsMaury Gallagher – Executive Chairman and CEOGreg Anderson – PresidentMicah Richins – President of Sunseeker ResortsScott DeAngelo – EVP and Chief Marketing OfficerDrew Wells – SVP and Chief Revenue OfficerRobert Neal…
Travel + Leisure Co. (NYSE:TNL) Q1 2024 Earnings Conference Call April 24, 2024 8:00 AM ET Company Participants Jill Greer – VP, IRMichael Brown – President & CEOMike Hug – CFO Conference Call Participants Joe Greff – JP MorganDavid Katz – JefferiesChris Woronka – Deutsche BankPatrick Scholes – Truist SecuritiesBen Chaiken – Credit SuisseIan Zaffino…
Goodboy Picture Company/E+ via Getty Images So far in 2024, investors have re-adopted their long-term mindsets, investing heavily in tech stocks that have wide-open futures. AI (and in particular, Nvidia (NVDA)) have been among the biggest beneficiaries of this long-term thinking, but these are not the only plays that have room to expand. Look no…
Clear Secure (NYSE:YOU) is a US-based biometric identity verification company focusing on streamlining airport security. The company’s core offering is CLEAR Plus, a subscription service offering expedited airport security. Beyond airports, CLEAR Verified empowers businesses with identity verification, virtual queuing, and credential validation tools, while their free consumer app offers additional conveniences like health documentation…
Oselote/iStock via Getty Images As the travel industry normalises after last year’s surge and prices remain at an all-time high, Travelzoo’s (NASDAQ:TZOO) service of sourcing exceptional deals has become increasingly attractive in the current climate, catering to both demand and supply sides. Despite not yet returning to pre-pandemic levels, the company has been steadily increasing…
Klaus Vedfelt I updated Airbnb, Inc. (NASDAQ:ABNB) investors in early September, explaining that ABNB’s recovery seems robust, although the market had likely priced in its entry into the S&P 500 (SPX) (SPY). As a result, I urged investors to consider waiting for a steep pullback before considering the appropriate levels to add exposure. That thesis…
Igor Vershinsky/iStock via Getty Images Travel + Leisure Co. (NYSE:TNL) recently delivered mixed quarterly results, but the company continues to deliver quarterly net sales growth and adjusted EBITDA growth. In my view, the significant amount of recurrent revenue, recent dividend growth, and the potential of the network effects established with brands and hotels will most…
Zhao’s guilty plea stems from accusations that Binance violated the Bank Secrecy Act by knowingly allowing US customers on the platform without conducting proper KYC and AML checks. In a recent development in the legal saga surrounding Binance Holdings Ltd‘s former CEO Changpeng ‘CZ’ Zhao, prosecutors are intensifying efforts to keep him within the United…
In 2024, the prices are expected to further go up. According to a Wall Street analyst Brandt Montour, the rise in ticket prices for 2024 sailings will be set 20% to 30% higher than 2019 levels. The 2023 cruise industry is booming, it has significantly surpassed pre-pandemic 2019 levels and broken sales records in a rapid…
Pgiam/iStock via Getty Images Investment summary Trading at a c.50% discount to the sector at 8x forward earnings and 9x forward EBIT, Allegiant Travel Company (NASDAQ:ALGT) has popped onto our radar with potential relative value. As I’ll cover here today, though, the economic value of ALGT in the investment context does not support a rating…
The Crypto Travel Rule was created by the UN’s Financial Action Task Force (FATF) in June 2019 as a measure to prevent illicit actors from laundering money through cryptocurrencies. Commencing today, September 1, a new regulatory requirement is now in effect for cryptocurrency-related enterprises operating within the United Kingdom. This crypto rule was initially introduced…
onurdongel While gloom besets China’s property sector and analysts warn of deflationary pressures, one area that so far seems immune from the economic malaise is domestic tourism. The sector’s surprising resilience has brought cheer to the travel industry, which was shattered for much of the last three years by Covid lockdowns and a severe curtailing…
onurdongel/E+ via Getty Images Investment Thesis Global Business Travel Group (NYSE:GBTG) has underperformed in 2023 and stock prices are down by about 3%. However, I believe a stock has the potential for upside based on revenue growth driven by transaction growth from broad-based customers across the industry, strong improvement in operational efficiency reflected from margin…
Virgin Galactic has highlighted that its narrative doesn’t end with the launch of the VSS Unity, but extends to the development of an even more sophisticated fleet, aptly named the Delta class. Virgin Galactic Holdings (NYSE: SPCE) is on the verge of making history once again with the launch of its second commercial spaceflight that…
This is an opinion editorial by HodlingCarla, an avid traveler and Bitcoin advocate. Few things get me as excited as visiting a new corner of the world, and my passport can attest to that. I’ve visited 45 countries, lived in nine and covered all continents except Antarctica. After years of globetrotting, I thought that part…