NASDAQ:ALGT Allegiant Travel - ALGT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Allegiant Travel Please log in to your account or sign up in order to add this asset to your watchlist. $80.88 -5.49 (-6.36%) (As of 03/17/2023 08:53 PM ET) Add Compare Share Share Today's Range$80.11▼$84.6650-Day Range$77.36▼$104.3652-Week Range$62.94▼$176.56Volume622,200 shsAverage Volume220,125 shsMarket Capitalization$1.47 billionP/E Ratio898.77Dividend YieldN/APrice Target$102.75 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Allegiant Travel MarketRank™ ForecastAnalyst RatingHold2.23 Rating ScoreUpside/Downside27.0% Upside$102.75 Price TargetShort InterestHealthy4.66% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment0.89Based on 5 Articles This WeekInsider TradingSelling Shares$984,461 Sold Last QuarterProj. Earnings Growth64.30%From $6.05 to $9.94 Per ShareSee Full Details Hide Full Details 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 starsTransportation Sector33rd out of 122 stocksAir Transportation, Scheduled Industry6th out of 18 stocks 4.1 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 3 buy ratings, 10 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $102.75, Allegiant Travel has a forecasted upside of 27.0% from its current price of $80.88.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. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.66% 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 3.3, 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 4.62%, indicating that investor sentiment is decreasing. Previous Next 0.8 Dividend Strength Dividend YieldAllegiant Travel does not currently pay a dividend.Dividend GrowthAllegiant Travel does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Allegiant Travel is 3,111.11%. 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 28.17% next year. This indicates that Allegiant Travel will be able to sustain or increase its 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 3.3 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.89. 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 higher news sentiment than the 0.40 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Allegiant Travel this week, compared to 4 articles on an average week.MarketBeat Follows4 people have added Allegiant Travel to their MarketBeat watchlist in the last 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 $984,461.00 in company stock.Percentage Held by Insiders15.10% 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 Institutions85.77% of the stock of Allegiant Travel is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 64.30% in the coming year, from $6.05 to $9.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 898.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 898.77, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 31.50.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Allegiant Travel (NASDAQ:ALGT) StockAllegiant 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.Read More 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 ALGT Stock News HeadlinesMarch 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Allegiant Travel (NASDAQ:ALGT)March 17, 2023 | finance.yahoo.comALLEGIANT REPORTS FEBRUARY 2023 TRAFFICMarch 20, 2023 | Behind the Markets (Ad)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.March 16, 2023 | finance.yahoo.comALLEGIANT UNVEILS SPECIAL TOGETHER WE FLY LIVERY DEDICATED TO ITS EMPLOYEESMarch 15, 2023 | finance.yahoo.comQ4 2022 Crexendo Inc Earnings CallMarch 12, 2023 | benzinga.comAllegiant Travel Stock (NASDAQ:ALGT), Short Interest ReportMarch 11, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Lowered to "Equal Weight" at BarclaysMarch 10, 2023 | msn.comAllegiant Travel loses bull rating at Barclays due to more uncertaintiesMarch 20, 2023 | Behind the Markets (Ad)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.March 9, 2023 | finance.yahoo.comAllegiant Travel Clears Key Benchmark, Hitting 80-Plus RS RatingMarch 3, 2023 | finance.yahoo.comAllegiant Travel (ALGT) Up 1.5% Since Last Earnings Report: Can It Continue?March 2, 2023 | finance.yahoo.comUp 46% This Year, Can Allegiant Travel Stock Continue Its Ascent?February 28, 2023 | msn.comAirline Stock Roundup: ALGT's Rosy Traffic Report for January, CPA in FocusFebruary 24, 2023 | finance.yahoo.comHere's Why You Should Hold Allegiant (ALGT) in Your PortfolioFebruary 24, 2023 | finance.yahoo.comAllegiant (ALGT) Shares Rise 20.5% in a Month: Here's WhyFebruary 21, 2023 | finance.yahoo.comALLEGIANT REPORTS JANUARY 2023 TRAFFICFebruary 6, 2023 | finance.yahoo.comAllegiant makes changes to C-suiteFebruary 2, 2023 | finance.yahoo.comAllegiant Travel Company (NASDAQ:ALGT) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | seekingalpha.comAllegiant Travel soars to 5-month high after earnings smasherFebruary 2, 2023 | finance.yahoo.comAllegiant (ALGT) Q4 Earnings Top Estimates, Up Year Over YearFebruary 1, 2023 | markets.businessinsider.comAllegiant Travel Stock Takes Off On Strong Q4 Earnings, Boeing Planes To Be Delivered In 2023February 1, 2023 | finance.yahoo.comALLEGIANT TRAVEL COMPANY FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTSJanuary 30, 2023 | finance.yahoo.comALLEGIANT ANNOUNCES STRATEGIC LEADERSHIP UPDATESJanuary 30, 2023 | finance.yahoo.comSpirit (SAVE) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJanuary 27, 2023 | marketwatch.comAllegiant Travel Operating Chief Scott Sheldon to DepartJanuary 27, 2023 | finance.yahoo.comAllegiant Travel Company (ALGT) Faced Challenging Industry Backdrop in Q4January 26, 2023 | seekingalpha.comAllegiant Travel: Burden Of Proof On The Bulls, Shares Trying To BottomSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 ALGT Company Calendar Last Earnings10/26/2021Today3/20/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNASDAQ:ALGT CUSIP01748X10 CIK1362468 Webwww.allegiantair.com Phone(702) 851-7300Fax702-589-7213Employees5,315Year Founded1997Price 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 RatingHold Rating Score (0-4)2.23 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.09 Trailing P/E Ratio898.77 Forward P/E Ratio13.37 P/E GrowthN/ANet Income$2.49 million Net Margins0.11% Pretax Margin0.22% Return on Equity4.69% Return on Assets1.30% Debt Debt-to-Equity Ratio1.59 Current Ratio1.47 Quick Ratio1.42 Sales & Book Value Annual Sales$2.30 billion Price / Sales0.64 Cash Flow$12.92 per share Price / Cash Flow6.26 Book Value$66.35 per share Price / Book1.22Miscellaneous Outstanding Shares18,122,000Free Float15,386,000Market Cap$1.47 billion OptionableOptionable Beta1.61 Social Links Key ExecutivesJohn T. RedmondChief Executive Officer & DirectorD. Scott SheldonCo-President & Chief Operating OfficerGregory Clark AndersonCo-President & Chief Accounting OfficerRobert NealChief Financial Officer & Senior Vice PresidentRobert P. WilsonChief Information Officer & Executive VPKey CompetitorsSkyWestNASDAQ:SKYWJetBlue AirwaysNASDAQ:JBLUHawaiianNASDAQ:HACopaNYSE:CPAAlaska Air GroupNYSE:ALKView All CompetitorsInsiders & InstitutionsScott Wayne DeangeloSold 1,382 sharesTotal: $142,069.60 ($102.80/share)Teachers Retirement System of The State of KentuckyBought 751 shares on 2/22/2023Ownership: 0.026%Macquarie Group Ltd.Bought 8,434 shares on 2/21/2023Ownership: 2.705%State of Wisconsin Investment BoardSold 289 shares on 2/15/2023Ownership: 0.210%Legal & General Group PlcBought 146 shares on 2/15/2023Ownership: 0.200%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Allegiant Travel's stock? ETFs with the largest weight of Allegiant Travel (NASDAQ:ALGT) stock in their portfolio include U.S. Global Jets ETF (JETS), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Industrials ETF (PSCI), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), First Trust Small Cap Value AlphaDEX Fund (FYT), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Syntax Stratified SmallCap ETF (SSLY). 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.Read More 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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