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S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
Bank Accounts: Frozen! (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Niinistö: Sweden security OK if Finland joins NATO first
Modern Day Options Trading For Beginners! (Ad)pixel
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Nations approve key UN science report on climate change
Modern Day Options Trading For Beginners! (Ad)pixel
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
Bank Accounts: Frozen! (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Niinistö: Sweden security OK if Finland joins NATO first
Modern Day Options Trading For Beginners! (Ad)pixel
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Nations approve key UN science report on climate change
Modern Day Options Trading For Beginners! (Ad)pixel
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
Bank Accounts: Frozen! (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Niinistö: Sweden security OK if Finland joins NATO first
Modern Day Options Trading For Beginners! (Ad)pixel
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Nations approve key UN science report on climate change
Modern Day Options Trading For Beginners! (Ad)pixel
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
NASDAQ:ALGT

Allegiant Travel - ALGT Stock Forecast, Price & News

$80.88
-5.49 (-6.36%)
(As of 03/17/2023 08:53 PM ET)
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Compare
Today's Range
$80.11
$84.66
50-Day Range
$77.36
$104.36
52-Week Range
$62.94
$176.56
Volume
622,200 shs
Average Volume
220,125 shs
Market Capitalization
$1.47 billion
P/E Ratio
898.77
Dividend Yield
N/A
Price Target
$102.75

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
27.0% Upside
$102.75 Price Target
Short Interest
Healthy
4.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
0.89mentions of Allegiant Travel in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$984,461 Sold Last Quarter
Proj. Earnings Growth
64.30%
From $6.05 to $9.94 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.71 out of 5 stars

Transportation Sector

33rd out of 122 stocks

Air Transportation, Scheduled Industry

6th out of 18 stocks


ALGT stock logo

About Allegiant Travel (NASDAQ:ALGT) Stock

Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation, air-related travel services and product, third party travel products, and fixed fee contract air transportation. It operates through the following segments: Airline, Sunseeker Resort, and Other non-Airline. The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation, and other airline-related revenue. The Sunseeker Resort segment represents activity related to the development and construction of Sunseeker Resort in Southwest Florida, as well as the operation of Kingsway Golf Course. The Other non-Airline segment includes the Teesnap golf course management solution and Allegiant Nonstop family entertainment centers. The company was founded in January 1997 and is headquartered in Las Vegas, NV.

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ALGT Stock News Headlines

ALLEGIANT REPORTS FEBRUARY 2023 TRAFFIC
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Q4 2022 Crexendo Inc Earnings Call
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Allegiant (ALGT) Shares Rise 20.5% in a Month: Here's Why
ALLEGIANT REPORTS JANUARY 2023 TRAFFIC
Allegiant makes changes to C-suite
ALLEGIANT ANNOUNCES STRATEGIC LEADERSHIP UPDATES
See More Headlines
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ALGT Company Calendar

Last Earnings
10/26/2021
Today
3/20/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
Current Symbol
NASDAQ:ALGT
CUSIP
01748X10
Employees
5,315
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$102.75
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+27.0%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$2.49 million
Pretax Margin
0.22%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$12.92 per share
Book Value
$66.35 per share

Miscellaneous

Free Float
15,386,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
1.61

Social Links


Key Executives

  • John T. Redmond
    Chief Executive Officer & Director
  • D. Scott Sheldon
    Co-President & Chief Operating Officer
  • Gregory Clark Anderson
    Co-President & Chief Accounting Officer
  • Robert Neal
    Chief Financial Officer & Senior Vice President
  • Robert P. Wilson
    Chief Information Officer & Executive VP













ALGT Stock - Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALGT, but not buy additional shares or sell existing shares.
View ALGT analyst ratings
or view top-rated stocks.

What is Allegiant Travel's stock price forecast for 2023?

13 analysts have issued 1-year target prices for Allegiant Travel's stock. Their ALGT share price forecasts range from $80.00 to $150.00. On average, they expect the company's share price to reach $102.75 in the next twelve months. This suggests a possible upside of 27.0% from the stock's current price.
View analysts price targets for ALGT
or view top-rated stocks among Wall Street analysts.

How have ALGT shares performed in 2023?

Allegiant Travel's stock was trading at $67.99 at the beginning of 2023. Since then, ALGT shares have increased by 19.0% and is now trading at $80.88.
View the best growth stocks for 2023 here
.

When is Allegiant Travel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our ALGT earnings forecast
.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings results on Tuesday, October, 26th. The transportation company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.02. The transportation company earned $459.47 million during the quarter, compared to the consensus estimate of $451.35 million. Allegiant Travel had a net margin of 0.11% and a trailing twelve-month return on equity of 4.69%. Allegiant Travel's quarterly revenue was up 128.6% on a year-over-year basis. During the same quarter last year, the firm earned ($4.28) EPS.

Is Allegiant Travel a good dividend stock?

Allegiant Travel (NASDAQ:ALGT) pays an annual dividend of $2.80 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 3,111.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ALGT will have a dividend payout ratio of 28.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALGT.

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

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

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 retail and institutional investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (8.64%), U S Global Investors Inc. (4.62%), Diamond Hill Capital Management Inc. (3.99%), Macquarie Group Ltd. (2.70%), Franklin Resources Inc. (2.69%) and Dimensional Fund Advisors LP (1.96%). Insiders that own company stock include Charles W Pollard, Gary Ellmer, Gregory Clark Anderson, John Redmond, Keny Frank Wilper, Linda A Marvin, Maurice J Gallagher Jr, Rebecca Aretos, Robert Paul Wilson III, Scott Sheldon and Scott Wayne Deangelo.
View institutional ownership trends
.

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 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 $80.88.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.47 billion and generates $2.30 billion in revenue each year. The transportation company earns $2.49 million in net income (profit) each year or $0.09 on an earnings per share basis.

How many employees does Allegiant Travel have?

The company employs 5,315 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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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 the company is www.allegiantair.com. The transportation company can be reached via phone at (702) 851-7300, via email at ir@allegiantair.com, or via fax at 702-589-7213.

This page (NASDAQ:ALGT) was last updated on 3/20/2023 by MarketBeat.com Staff