Allegiant Travel (ALGT) Stock Price, News & Analysis

Company Overview

Allegiant Travel Company (NASDAQ: ALGT) is a U.S.-based leisure travel and travel services company that operates primarily through its wholly owned subsidiary, Allegiant Air. The company specializes in providing scheduled and charter air transportation linking small- and mid-sized communities with popular vacation destinations. In addition to its core airline operations, Allegiant offers bundled vacation packages, hotel and car rental services, and attraction tickets through its online platform, catering to cost-conscious travelers seeking convenient, all-in-one trip planning.

Founded in 1997 as WestAir Holdings, Inc., the company rebranded as Allegiant Travel Company in 2000 and launched its first flights the same year. From its early focus on underserved leisure markets, Allegiant has grown its route network to include more than 125 city pairs across the United States. The airline operates a single Airbus fleet, which allows for streamlined maintenance and training, and relies heavily on ancillary revenue streams—such as baggage fees, seat assignments and onboard concessions—to supplement ticket sales.

Allegiant’s business model emphasizes point-to-point service rather than hub-and-spoke operations, targeting markets with limited competition from major carriers and focusing on sunny destinations such as Las Vegas, Orlando, Phoenix and Florida Gulf Coast cities. The company’s travel services segment offers dynamically priced vacation packages, ground transportation options and attraction tickets, positioning Allegiant as a one-stop provider for leisure travelers. It also maintains partnerships with local hotels, car rental agencies and tour operators to expand its offerings and capture incremental revenue.

Headquartered in Las Vegas, Nevada, Allegiant Travel Company is led by a senior executive team with deep roots in the aviation industry. Maurice J. Gallagher Jr., a co-founder of the company, serves as Chairman of the Board and is widely credited with shaping its low-cost strategy. Scott DeAngelo was appointed Chief Executive Officer in late 2022, bringing two decades of experience in airline operations and finance. Under their leadership, Allegiant continues to refine its route network, enhance its ancillary product portfolio and pursue growth opportunities in leisure travel markets.

Key Stats

• Today's Range: $55.32 to $60.17
• 50-Day Range: $45.84 to $59.98
• 52-Week Range: $36.09 to $107.57
• Volume: 687,231 shs
• Average Volume: 429,083 shs
• Market Capitalization: $1.01 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $64.40
• Consensus Rating: Hold

Allegiant Travel Stock Analysis - MarketRank™

Allegiant Travel scored higher than 96% of companies evaluated by MarketBeat, and ranked 38th out of 124 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Allegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 1 buy rating, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Allegiant Travel has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 25.32%

Earnings Growth

Earnings for Allegiant Travel are expected to grow by 25.32% in the coming year, from $7.70 to $9.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Allegiant Travel is -4.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Allegiant Travel is -4.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Allegiant Travel has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Allegiant Travel has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.84% of the float of Allegiant Travel has been sold short.

Short Interest Ratio / Days to Cover

Allegiant Travel has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Allegiant Travel has recently decreased by 8.15%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Allegiant Travel does not currently pay a dividend.

Dividend Growth

Allegiant Travel does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Allegiant Travel will have a dividend payout ratio of 24.87% next year. This indicates that Allegiant Travel will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.5 / 5
• Environmental Score: -6.11

Percentage of Shares Shorted

8.84% of the float of Allegiant Travel has been sold short.

Short Interest Ratio / Days to Cover

Allegiant Travel has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Allegiant Travel has recently decreased by 8.15%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

Allegiant Travel has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Allegiant Travel this week, compared to 8 articles on an average week.

Search Interest

Only 1 people have searched for ALGT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Allegiant Travel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,507.00 in company stock.

Percentage Held by Insiders

14.70% of the stock of Allegiant Travel is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

85.81% of the stock of Allegiant Travel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ALGT Stock Analysis - Frequently Asked Questions

How have ALGT shares performed this year?

Allegiant Travel's stock was trading at $94.12 on January 1st, 2025. Since then, ALGT stock has decreased by 40.8% and is now trading at $55.69.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel Company (NASDAQ:ALGT) announced its quarterly earnings results on Tuesday, May, 6th. The transportation company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.27. Allegiant Travel's revenue was up 6.5% compared to the same quarter last year.
Read the conference call transcript.

Does Allegiant Travel have any subsidiaries?

Allegiant Travel subsidiaries include these companies: AFH Inc., Allegiant Air LLC, Allegiant Commercial Properties Inc., Allegiant Commercial Properties Missouri LLC, Allegiant Vacations LLC, Dustland LLC, G4 Properties LLC, and others.

How do I buy shares of Allegiant Travel?

Shares of ALGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Allegiant Travel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allegiant Travel investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 5/06/2025
• Today: 7/07/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - AIRLINE
• Sub-Industry: Airlines
• Current Symbol: NASDAQ:ALGT
• CIK: 1362468
• Web: www.allegiantair.com
• Phone: (702) 851-7300
• Fax: 702-589-7213
• Employees: 5,991
• Year Founded: 1997

Price Target and Rating

• Average Stock Price Target: $64.70
• High Stock Price Target: $92.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +7.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.18
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): ($11.57)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 7.79
• P/E Growth: 0.44
• Net Income: -$240.24 million
• Net Margins: -8.11%
• Pretax Margin: -10.38%
• Return on Equity: 5.46%
• Return on Assets: 1.42%

Debt

• Debt-to-Equity Ratio: 1.57
• Current Ratio: 0.90
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $2.51 billion
• Price / Sales: 0.44
• Cash Flow: $16.43 per share
• Price / Cash Flow: 3.65
• Book Value: $59.39 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 18,250,000
• Free Float: 15,572,000
• Market Cap: $1.09 billion
• Optionable: Optionable
• Beta: 1.71