NASDAQ:ALGT Allegiant Travel (ALGT) Stock Forecast, Price & News $75.71 -1.44 (-1.87%) (As of 11:08 AM ET) Add Compare Share Share Today's Range$75.70▼$77.2350-Day Range$77.15▼$129.4952-Week Range$62.94▼$130.93Volume24,224 shsAverage Volume210,073 shsMarket Capitalization$1.40 billionP/E Ratio9.26Dividend Yield3.17%Price Target$110.55 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Allegiant Travel MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside43.3% Upside$110.55 Price TargetShort InterestHealthy3.08% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment1.13Based on 5 Articles This WeekInsider TradingSelling Shares$209,520 Sold Last QuarterProj. Earnings Growth13.84%From $10.04 to $11.43 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.2.75 out of 5 starsTransportation Sector25th out of 116 stocksAir Transportation, Scheduled Industry5th out of 18 stocks 3.1 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.55, Allegiant Travel has a forecasted upside of 43.3% from its current price of $77.15.Amount of Analyst CoverageAllegiant Travel has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.08% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegiant Travel has recently decreased by 2.94%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldAllegiant Travel pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAllegiant Travel does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Allegiant Travel is 29.34%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Allegiant Travel will have a dividend payout ratio of 21.00% 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 2.8 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 1.13. 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 0.64 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Allegiant Travel this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for ALGT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows7 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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 $209,520.00 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 Institutions81.23% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 13.84% in the coming year, from $10.04 to $11.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 9.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 9.43, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 10.61.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.16. 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 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, 2023, it operated a fleet of 122 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALGT Stock News HeadlinesSeptember 21, 2023 | msn.comAirline Stock Roundup: DAL's Q3 EPS View Cut, ALGT's Disappointing August TrafficSeptember 21, 2023 | finance.yahoo.comIs Allegiant Travel Co (ALGT) Too Good to Be True? A Comprehensive Analysis of a Potential ...September 22, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 20, 2023 | markets.businessinsider.comAllegiant Travel Preliminary Aug. - Scheduled Service - Passenger Traffic Down 5.0% YoYSeptember 20, 2023 | finance.yahoo.comALLEGIANT REPORTS AUGUST 2023 TRAFFICSeptember 12, 2023 | msn.comAllegiant Travel (ALGT) Gains As Market Dips: What You Should KnowSeptember 9, 2023 | finance.yahoo.comALLEGIANT TRAVEL COMPANY ANNOUNCES THE PRICING OF $300 MILLION OF SENIOR NOTES DUE 2019September 9, 2023 | stocknews.comShould You Invest in These 3 Airline Stocks Now or Later?September 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 8, 2023 | finance.yahoo.comAllegiant Travel (ALGT) Dips More Than Broader Markets: What You Should KnowAugust 31, 2023 | finance.yahoo.com'Transparency a concern' after Mexico cargo flight move, Allegiant arguesAugust 30, 2023 | finance.yahoo.comAllegiant Travel Company (ALGT) Is a Trending Stock: Facts to Know Before Betting on ItAugust 29, 2023 | msn.comEvercore ISI Group Maintains Allegiant Travel (ALGT) In-Line RecommendationAugust 23, 2023 | finance.yahoo.comALLEGIANT REPORTS JULY 2023 TRAFFICAugust 18, 2023 | msn.comAllegiant (ALGT) Extends Deal With Technicians by Two YearsAugust 17, 2023 | finance.yahoo.comALLEGIANT ANNOUNCES RATIFIED CONTRACT FOR MAINTENANCE TECHNICIANS AND RELATED WORKFORCE WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERSAugust 15, 2023 | finance.yahoo.comAfter Plunging -15.94% in 4 Weeks, Here's Why the Trend Might Reverse for Allegiant Travel (ALGT)August 11, 2023 | finance.yahoo.comQ2 2023 Crexendo Inc Earnings CallAugust 11, 2023 | finance.yahoo.comDown -14.3% in 4 Weeks, Here's Why Allegiant Travel (ALGT) Looks Ripe for a TurnaroundAugust 11, 2023 | finance.yahoo.comIs Allegiant (ALGT) Outperforming Other Transportation Stocks This Year?August 11, 2023 | stocknews.comVirgin Galactic Holdings (SPCE) and Allegiant Travel Company (ALGT): Buy, Hold or Sell?August 10, 2023 | finance.yahoo.comAllegiant Stock Showing Market Leadership; Earns 83 RS RatingAugust 5, 2023 | finance.yahoo.comWith EPS Growth And More, Allegiant Travel (NASDAQ:ALGT) Makes An Interesting CaseAugust 3, 2023 | finance.yahoo.comMexico's move of cargo flights snarls planned Allegiant-VivaAerobus tie-upAugust 3, 2023 | finance.yahoo.comALLEGIANT TRAVEL COMPANY SECOND QUARTER 2023 FINANCIAL RESULTSAugust 3, 2023 | finance.yahoo.comAllegiant Travel (ALGT) Surpasses Q2 Earnings and Revenue EstimatesAugust 3, 2023 | finance.yahoo.comQ2 2023 Allegiant Travel Co 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 ALGT Company Calendar Last Earnings8/02/2023Ex-Dividend for 9/1 Dividend8/14/2023Dividend Payable9/01/2023Today9/22/2023Next Earnings (Estimated)11/01/2023Fiscal 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$110.55 High Stock Price Forecast$145.00 Low Stock Price Forecast$80.00 Forecasted Upside/Downside+43.3%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$8.18 Trailing P/E Ratio9.43 Forward P/E Ratio7.68 P/E GrowthN/ANet Income$2.49 million Net Margins5.87% Pretax Margin8.00% Return on Equity7.46% Return on Assets2.05% Debt Debt-to-Equity Ratio1.37 Current Ratio1.13 Quick Ratio1.10 Sales & Book Value Annual Sales$2.30 billion Price / Sales0.62 Cash Flow$12.82 per share Price / Cash Flow6.02 Book Value$66.35 per share Price / Book1.16Miscellaneous Outstanding Shares18,450,000Free Float15,219,000Market Cap$1.42 billion OptionableOptionable Beta1.72 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Maurice J. Gallagher Jr. (Age 73)Exec. Chairman Comp: $3MMr. John T. Redmond (Age 64)CEO & Director Comp: $3.5MMr. Gregory Clark Anderson CPA (Age 41)Pres Comp: $270.4kMr. Robert P. Wilson III (Age 53)Exec. VP & Chief Information Officer Comp: $270.4kMr. Scott Wayne DeAngelo (Age 50)Exec. VP & Chief Marketing Officer Comp: $260kMr. Robert J. Neal (Age 39)Sr. VP & CFO Mr. Keny F. Wilper (Age 45)Sr. VP & COO Ms. Rebecca Aretos (Age 47)VP & Principal Accounting Officer Mr. Robert B. Goldberg Esq.Sr. VP, Sr. Counsel & Sec.Ms. Rebecca HenrySr. VP & Chief HR OfficerMore ExecutivesKey CompetitorsJetBlue AirwaysNASDAQ:JBLUSkyWestNASDAQ:SKYWHawaiianNASDAQ:HACopaNYSE:CPAAlaska Air GroupNYSE:ALKView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 5,700 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 8,358 shares on 8/22/2023Ownership: 0.045%California State Teachers Retirement SystemSold 652 shares on 8/21/2023Ownership: 0.050%Osaic Holdings Inc.Bought 909 shares on 8/21/2023Ownership: 0.040%Teachers Retirement System of The State of KentuckyBought 271 shares on 8/21/2023Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions ALGT Stock - Frequently Asked Questions Should I buy or sell Allegiant Travel stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 1 sell rating, 6 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? 10 Wall Street research analysts have issued twelve-month price objectives for Allegiant Travel's stock. Their ALGT share price forecasts range from $80.00 to $145.00. On average, they anticipate the company's stock price to reach $110.55 in the next twelve months. This suggests a possible upside of 43.3% 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 the year. Since then, ALGT stock has increased by 13.5% and is now trading at $77.15. 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, November 1st 2023. View our ALGT earnings forecast. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) announced its quarterly earnings data on Wednesday, August, 2nd. The transportation company reported $4.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.63 by $0.72. The transportation company earned $683.81 million during the quarter, compared to the consensus estimate of $662.10 million. Allegiant Travel had a net margin of 5.87% and a trailing twelve-month return on equity of 7.46%. The business's quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.62 earnings per share. How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel? Allegiant Travel declared a -- dividend on Wednesday, August 2nd. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.60 per share on Friday, September 1st. The ex-dividend date of this dividend is Monday, August 14th. Read our dividend analysis for ALGT. 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), SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap Industrials ETF (PSCI), EA Bridgeway Omni Small-Cap Value ETF (BSVO), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Defiance Hotel, Airline, and Cruise ETF (CRUZ) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). Is Allegiant Travel a good dividend stock? Allegiant Travel (NASDAQ:ALGT) pays an annual dividend of $2.40 per share and currently has a dividend yield of 2.89%. The dividend payout ratio is 29.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALGT will have a dividend payout ratio of 21.00% 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.50%), Diamond Hill Capital Management Inc. (4.18%), Dimensional Fund Advisors LP (3.54%), State Street Corp (3.28%), Franklin Resources Inc. (2.76%) and U S Global Investors Inc. (2.59%). Insiders that own company stock include Gary Ellmer, Gregory Clark Anderson, 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 $77.15. How much money does Allegiant Travel make? Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.42 billion and generates $2.30 billion in revenue each year. The transportation company earns $2.49 million in net income (profit) each year or $8.18 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 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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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