NASDAQ:ALGT Allegiant Travel (ALGT) Stock Price, News & Analysis $52.91 +1.91 (+3.75%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$50.41▼$53.1450-Day Range$45.08▼$54.9052-Week Range$43.91▼$128.27Volume311,220 shsAverage Volume341,834 shsMarket Capitalization$964.66 millionP/E Ratio16.74Dividend Yield4.54%Price Target$62.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Allegiant Travel alerts: Email Address Allegiant Travel MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside17.4% Upside$62.13 Price TargetShort InterestBearish10.47% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment0.02Based on 19 Articles This WeekInsider TradingSelling Shares$1.40 M Sold Last QuarterProj. Earnings Growth117.55%From $3.19 to $6.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.71 out of 5 starsTransportation Sector8th out of 120 stocksAir Transportation, Scheduled Industry3rd out of 18 stocks 3.0 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageAllegiant Travel has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Allegiant Travel's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted10.47% of the float of Allegiant Travel has been sold short.Short Interest Ratio / Days to CoverAllegiant Travel has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegiant Travel has recently increased by 8.16%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAllegiant Travel is a leading dividend payer. It pays a dividend yield of 4.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAllegiant Travel does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Allegiant Travel is 75.95%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Allegiant Travel will have a dividend payout ratio of 34.58% next year. This indicates that Allegiant Travel will be able to sustain or increase its dividend.Read more about Allegiant Travel's dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAllegiant Travel has received a -73.95% net impact score from Upright. The largest negative impact of Allegiant Travel Company in category "GHG emissions" seems to be driven mostly by its "Low-cost air travel on domestic flights", "Low-cost air travel on international flights", and "Holiday resort services" products. See details.Environmental SustainabilityThe Environmental Impact score for Allegiant Travel is -6.11. Previous Next 2.2 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.02. 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 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Allegiant Travel this week, compared to 6 articles on an average week.Search Interest3 people have searched for ALGT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $1,395,948.00 in company stock.Percentage Held by Insiders17.50% 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 Institutions85.81% of the stock of Allegiant Travel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Allegiant Travel's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 117.55% in the coming year, from $3.19 to $6.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 16.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 16.74, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.93.Price to Earnings Growth RatioAllegiant Travel has a PEG Ratio of 1.92. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Allegiant Travel's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Allegiant Travel Stock (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 1, 2024, it operated a fleet of 126 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.Read More ALGT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALGT Stock News HeadlinesJuly 18, 2024 | marketbeat.comAllegiant Air's parent company will promote its president to CEO, replacing longtime chief GallagherAllegiant Air is getting a new CEO, with longtime leader Maury Gallagher stepping down in SeptemberJuly 26 at 1:19 AM | americanbankingnews.comBrokers Offer Predictions for Allegiant Travel's Q2 2024 Earnings (NASDAQ:ALGT)July 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 25 at 1:31 PM | finanznachrichten.deAllegiant Travel Company: Allegiant Reports June 2024 TrafficJuly 25 at 9:00 AM | prnewswire.comAllegiant Reports June 2024 TrafficJuly 25 at 7:56 AM | americanbankingnews.comZacks Research Weighs in on Allegiant Travel's Q2 2024 Earnings (NASDAQ:ALGT)July 25 at 1:58 AM | americanbankingnews.comZacks Research Research Analysts Reduce Earnings Estimates for Allegiant Travel (NASDAQ:ALGT)July 24 at 7:01 AM | americanbankingnews.comAllegiant Travel (ALGT) Scheduled to Post Earnings on WednesdayJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 20, 2024 | msn.comLongtime exec named new CEO of Allegiant TravelJuly 19, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) PT Lowered to $39.00July 19, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Trading Down 8.5% Following Analyst DowngradeJuly 18, 2024 | prnewswire.comAllegiant Announces President Greg Anderson as Next CEOJuly 16, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Given New $55.00 Price Target at SusquehannaJuly 16, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Price Target Cut to $60.00 by Analysts at Evercore ISIJuly 16, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Short Interest Up 12.2% in JuneJuly 16, 2024 | prnewswire.comAllegiant Announces Eight New Routes with One-Way Fares as Low as $39*July 11, 2024 | prnewswire.comAllegiant Travel Company Schedules Second Quarter 2024 Earnings CallSee More Headlines Receive ALGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allegiant Travel and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Ex-Dividend for 6/3 Dividend5/14/2024Dividend Payable6/03/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Air transportation, scheduled Sub-IndustryAirlines Current SymbolNASDAQ:ALGT CUSIP01748X10 CIK1362468 Webwww.allegiantair.com Phone(702) 851-7300Fax702-589-7213Employees5,643Year Founded1997Price Target and Rating Average Stock Price Target$62.13 High Stock Price Target$100.00 Low Stock Price Target$39.00 Potential Upside/Downside+18.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.16 Trailing P/E Ratio16.62 Forward P/E Ratio16.47 P/E Growth1.92Net Income$117.60 million Net Margins2.26% Pretax Margin3.31% Return on Equity0.50% Return on Assets0.14% Debt Debt-to-Equity Ratio1.35 Current Ratio0.76 Quick Ratio0.74 Sales & Book Value Annual Sales$2.52 billion Price / Sales0.38 Cash Flow$21.35 per share Price / Cash Flow2.46 Book Value$72.20 per share Price / Book0.73Miscellaneous Outstanding Shares18,232,000Free Float15,041,000Market Cap$957.73 million OptionableOptionable Beta1.66 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Maurice J. Gallagher Jr. (Age 74)CEO & Executive Chairman Comp: $3MMr. Gregory Clark Anderson CPA (Age 42)President Comp: $270.4kMr. Robert P. Wilson III (Age 53)Executive VP & Chief Information Officer Comp: $270.4kMr. Scott Wayne DeAngelo (Age 50)Executive VP & Chief Marketing Officer Comp: $260kMr. Robert J. Neal (Age 39)Senior VP & CFO Mr. Keny F. Wilper (Age 45)Senior VP & COO Ms. Rebecca Aretos (Age 47)VP & Principal Accounting Officer Mr. Robert B. Goldberg Esq.Senior VP, Senior Counsel & SecretaryMs. Rebecca HenrySenior VP & Chief Human Resources OfficerMr. Drew Wells (Age 36)Senior VP & Chief Revenue Officer More ExecutivesKey CompetitorsSkyWestNASDAQ:SKYWJetBlue AirwaysNASDAQ:JBLUHawaiianNASDAQ:HADelta Air LinesNYSE:DALSouthwest AirlinesNYSE:LUVView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 15,469 shares on 7/26/2024Ownership: 1.182%U S Global Investors Inc.Sold 49,920 shares on 7/24/2024Ownership: 2.678%JB Capital LLCBought 2,008 shares on 7/24/2024Ownership: 0.034%SeaCrest Wealth Management LLCBought 535 shares on 7/22/2024Ownership: 0.030%Capital Investment Services of America Inc.Sold 31,952 shares on 7/20/2024Ownership: 0.607%View All Insider TransactionsView All Institutional Transactions ALGT Stock Analysis - Frequently Asked Questions How have ALGT shares performed this year? Allegiant Travel's stock was trading at $82.61 at the start of the year. Since then, ALGT shares have decreased by 36.0% and is now trading at $52.91. View the best growth stocks for 2024 here. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings results on Tuesday, May, 7th. The transportation company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.51 by $0.06. The business's revenue for the quarter was up 1.1% on a year-over-year basis. 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. Does Allegiant Travel have any subsidiaries? Allegiant Travel subsidiaries include AFH Inc., Allegiant Air LLC, Allegiant Commercial Properties Inc., Allegiant Commercial Properties Missouri LLC, Allegiant Vacations LLC, Dustland LLC, G4 Properties LLC, and more. Who are Allegiant Travel's major shareholders? Top institutional investors of Allegiant Travel include U S Global Investors Inc. (2.68%), Bank of New York Mellon Corp (1.18%), Capital Investment Services of America Inc. (0.61%) and 180 Wealth Advisors LLC (0.05%). Insiders that own company stock include Robert Paul Wilson III, Scott Wayne Deangelo, Gregory Clark Anderson, Scott Sheldon, Keny Frank Wilper, Gary Ellmer, Maurice J Gallagher Jr and Rebecca Aretos. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 Boeing (BA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Delta Air Lines (DAL), QUALCOMM (QCOM), Visa (V) and Exxon Mobil (XOM). This page (NASDAQ:ALGT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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