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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:ALGT

Allegiant Travel Stock Forecast, Price & News

$123.49
+6.19 (+5.28%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$117.82
$123.70
50-Day Range
$112.66
$173.95
52-Week Range
$110.44
$215.48
Volume
508,630 shs
Average Volume
218,897 shs
Market Capitalization
$2.24 billion
P/E Ratio
15.79
Dividend Yield
N/A
Price Target
$234.67
30 days | 90 days | 365 days | Advanced Chart

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ALGT Stock Forecast (MarketRank)

Overall MarketRank

2.66 out of 5 stars

Transportation Sector

45th out of 169 stocks

Air Transportation, Scheduled Industry

5th out of 22 stocks

Analyst Opinion: 3.4Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
Allegiant Travel logo

About Allegiant Travel (NASDAQ:ALGT)

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

ALGT Stock News Headlines

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Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
Current Symbol
NASDAQ:ALGT
CUSIP
01748X10
Employees
4,733
Year Founded
1997

Company Calendar

Last Earnings
5/04/2022
Today
6/26/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$234.67
High Stock Price Forecast
$250.00
Low Stock Price Forecast
$200.00
Forecasted Upside/Downside
+90.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.7
Research Coverage
10 Analysts

Profitability

Net Income
$151.85 million
Pretax Margin
9.20%

Debt

Sales & Book Value

Annual Sales
$1.71 billion
Cash Flow
$11.95 per share
Book Value
$67.64 per share

Miscellaneous

Free Float
15,091,000
Market Cap
$2.24 billion
Optionable
Optionable
Beta
1.47

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Allegiant Travel Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Allegiant Travel stock.
View analyst ratings for Allegiant Travel
or view top-rated stocks.

What is Allegiant Travel's stock price forecast for 2022?

10 brokerages have issued twelve-month target prices for Allegiant Travel's stock. Their ALGT stock forecasts range from $200.00 to $250.00. On average, they expect Allegiant Travel's stock price to reach $234.67 in the next twelve months. This suggests a possible upside of 90.0% from the stock's current price.
View analysts' price targets for Allegiant Travel
or view top-rated stocks among Wall Street analysts.

How has Allegiant Travel's stock performed in 2022?

Allegiant Travel's stock was trading at $187.04 at the beginning of the year. Since then, ALGT shares have decreased by 34.0% and is now trading at $123.49.
View the best growth stocks for 2022 here
.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Allegiant Travel
.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Wednesday, May, 4th. The transportation company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.10 by $0.22. The transportation company earned $500.10 million during the quarter, compared to analyst estimates of $495.33 million. Allegiant Travel had a trailing twelve-month return on equity of 7.66% and a net margin of 7.11%. The business's quarterly revenue was up 79.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($3.58) earnings per share.
View Allegiant Travel's earnings history
.

What guidance has Allegiant Travel issued on next quarter's earnings?

Allegiant Travel updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $629.45 million-$649.12 million, compared to the consensus revenue estimate of $600.72 million.

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the following people:

What is Maury Gallagher Jr.'s approval rating as Allegiant Travel's CEO?

422 employees have rated Allegiant Travel CEO Maury Gallagher Jr. on Glassdoor.com. Maury Gallagher Jr. has an approval rating of 94% among Allegiant Travel's employees. This puts Maury Gallagher Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Allegiant Travel's key competitors?

What other stocks do shareholders of Allegiant Travel own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiant Travel investors own include Boeing (BA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Delta Air Lines (DAL), QUALCOMM (QCOM), Visa (V), Exxon Mobil (XOM), AT&T (T), Verizon Communications (VZ) and Target (TGT).

What is Allegiant Travel's stock symbol?

Allegiant Travel trades on the NASDAQ under the ticker symbol "ALGT."

Who are Allegiant Travel's major shareholders?

Allegiant Travel's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.00%), Vanguard Group Inc. (9.10%), Wasatch Advisors Inc. (6.66%), Neuberger Berman Group LLC (4.46%), State Street Corp (3.55%) and U S Global Investors Inc. (3.40%). Company insiders that own Allegiant Travel stock include Charles W Pollard, Gary Ellmer, Gregory Clark Anderson, John Redmond, Linda A Marvin, Maurice J Gallagher Jr, Rebecca Aretos, Robert Paul Wilson III, Scott Sheldon and Scott Wayne Deangelo.
View institutional ownership trends for Allegiant Travel
.

Which major investors are selling Allegiant Travel stock?

ALGT stock was sold by a variety of institutional investors in the last quarter, including Owls Nest Partners IA LLC, Goldman Sachs Group Inc., JPMorgan Chase & Co., Federated Hermes Inc., Neuberger Berman Group LLC, Russell Investments Group Ltd., New York State Common Retirement Fund, and PDT Partners LLC. Company insiders that have sold Allegiant Travel company stock in the last two years include Gary Ellmer, Gregory Clark Anderson, Linda A Marvin, Maurice J Gallagher Jr, Rebecca Aretos, Robert Paul Wilson III, Scott Sheldon, and Scott Wayne Deangelo.
View insider buying and selling activity for Allegiant Travel
or view top insider-selling stocks.

Which major investors are buying Allegiant Travel stock?

ALGT stock was bought by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Group One Trading L.P., U S Global Investors Inc., PEAK6 Investments LLC, Jane Street Group LLC, GW&K Investment Management LLC, State Street Corp, and Royce & Associates LP.
View insider buying and selling activity for Allegiant Travel
or or view top insider-buying stocks.

How do I buy shares of Allegiant Travel?

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

What is Allegiant Travel's stock price today?

One share of ALGT stock can currently be purchased for approximately $123.49.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $2.24 billion and generates $1.71 billion in revenue each year. The transportation company earns $151.85 million in net income (profit) each year or $7.819990 on an earnings per share basis.

How many employees does Allegiant Travel have?

Allegiant Travel employs 4,733 workers across the globe.

Does Allegiant Travel have any subsidiaries?

The following companies are subsidiares of Allegiant Travel: AFH Inc., Allegiant Air LLC, Allegiant Commercial Properties Inc., Allegiant Commercial Properties Missouri LLC, Allegiant Vacations LLC, Dustland LLC, G4 Properties LLC, G4 Works LLC, Point Charlotte Development LLC, Point Charlotte LLC, SFB Fueling LLC, Sunrise Asset Management LLC, Sunseeker Florida Inc., Sunseeker Resorts Inc., and Teesnap LLC.
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When was Allegiant Travel founded?

Allegiant Travel was founded in 1997.

How can I contact Allegiant Travel?

Allegiant Travel's mailing address is 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144. The official website for Allegiant Travel is www.allegiantair.com. The transportation company can be reached via phone at (702) 851-7300, via email at [email protected], or via fax at 702-589-7213.

This page (NASDAQ:ALGT) was last updated on 6/26/2022 by MarketBeat.com Staff

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