Allegiant Travel Stock Price, News & Analysis (NASDAQ:ALGT) $73.71 +2.36 (+3.31%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$71.59▼$75.5550-Day Range$57.06▼$78.2552-Week Range$54.87▼$130.93Volume286,865 shsAverage Volume223,921 shsMarket Capitalization$1.36 billionP/E Ratio7.91Dividend Yield3.26%Price Target$95.70 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Allegiant Travel MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside29.8% Upside$95.70 Price TargetShort InterestBearish5.53% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment0.62Based on 4 Articles This WeekInsider TradingSelling Shares$359,259 Sold Last QuarterProj. Earnings Growth12.79%From $7.43 to $8.38 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.2.52 out of 5 starsTransportation Sector14th out of 112 stocksAir Transportation, Scheduled Industry4th 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 $95.70, Allegiant Travel has a forecasted upside of 29.8% from its current price of $73.71.Amount of Analyst CoverageAllegiant Travel has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.53% 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 3.2, 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 20.75%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAllegiant Travel pays a meaningful dividend of 3.36%, 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 25.75%. 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 28.64% 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 2.6 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.62. 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 0.43 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Allegiant Travel this week, compared to 5 articles on an average week.Search Interest2 people have searched for ALGT on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 $359,259.00 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 12.79% in the coming year, from $7.43 to $8.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 7.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 7.91, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.90.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.11. 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 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, 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALGT Stock News HeadlinesDecember 1, 2023 | msn.comImplied Volatility Surging for On Allegiant (ALGT) Stock OptionsDecember 1, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Short Interest UpdateDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 29, 2023 | finance.yahoo.comALLEGIANT WINS PASSENGER-RATED FOUR STAR RANKING AWARDNovember 28, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Receives $95.70 Average Target Price from AnalystsNovember 23, 2023 | finance.yahoo.comAllegiant (ALGT) October Traffic Increases From 2022 LevelsNovember 22, 2023 | finance.yahoo.comWISH COME TRUE: ALLEGIANT GRANTS 14-YEAR-OLD TEEN'S WISH TO BECOME A PILOT FOR A DAYNovember 22, 2023 | markets.businessinsider.comAllegiant Travel October Capacity Rises 13.3%December 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 22, 2023 | finance.yahoo.comALLEGIANT REPORTS OCTOBER 2023 TRAFFICNovember 21, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Allegiant Travel (ALGT) Stock?November 18, 2023 | morningstar.comAllegiant Travel Co ALGTNovember 18, 2023 | bizjournals.comAllegiant to resume flights at Orlando International Airport for the 1st time since 2011November 17, 2023 | msn.comAllegiant adds 12 new routes, 1 new airport with intro fares from $49 one-wayNovember 16, 2023 | msn.comAllegiant to resume flights at Orlando airportNovember 16, 2023 | msn.comAllegiant begins non-stop flight from Bangor to FloridaNovember 16, 2023 | bizjournals.comAirline adding Wisconsin flight to the East Coast with introductory rate of $59November 16, 2023 | markets.businessinsider.comAllegiant Travel Announces 12 New Nonstop Routes To Popular Vacation DestinationsNovember 16, 2023 | finance.yahoo.comALLEGIANT ANNOUNCES TWELVE NEW ROUTES WITH ONE-WAY FARES AS LOW AS $49*November 15, 2023 | finance.yahoo.comHere's Why Investors Should Avoid Allegiant (ALGT) Stock NowNovember 14, 2023 | msn.comAllegiant Travel (ALGT) Declares $0.60 DividendNovember 10, 2023 | finance.yahoo.comAirline Stock Roundup: ALGT's Q3 Earnings Miss, GOL's Loss & MoreNovember 9, 2023 | finance.yahoo.comUnfavorable Pricing Environment Dragged Allegiant Travel Company (ALGT)November 6, 2023 | finance.yahoo.comAllegiant (ALGT) Barely Moves Since Q3 Earnings Miss EstimatesNovember 4, 2023 | markets.businessinsider.comHold Rating for Allegiant Travel Company: A Balance of Business Model Strength and Market CompetitionNovember 3, 2023 | finance.yahoo.comAllegiant Travel Company (NASDAQ:ALGT) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | fool.comWhy Allegiant Travel Stock Lost Altitude in OctoberSee 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 Earnings11/02/2023Ex-Dividend for 12/1 Dividend11/14/2023Dividend Payable12/01/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/07/2024Get 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 Target$95.70 High Stock Price Target$145.00 Low Stock Price Target$65.00 Potential Upside/Downside+29.8%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$9.32 Trailing P/E Ratio7.91 Forward P/E Ratio9.92 P/E GrowthN/ANet Income$2.49 million Net Margins6.71% Pretax Margin9.03% Return on Equity8.15% Return on Assets2.24% Debt Debt-to-Equity Ratio1.50 Current Ratio1.09 Quick Ratio1.05 Sales & Book Value Annual Sales$2.30 billion Price / Sales0.59 Cash Flow$14.26 per share Price / Cash Flow5.17 Book Value$66.35 per share Price / Book1.11Miscellaneous Outstanding Shares18,400,000Free Float15,181,000Market Cap$1.36 billion OptionableOptionable Beta1.71 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Maurice J. Gallagher Jr. (Age 73)CEO & Executive Chairman Comp: $3MMr. Gregory Clark Anderson CPA (Age 41)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 CompetitorsJetBlue AirwaysNASDAQ:JBLUSkyWestNASDAQ:SKYWCopaNYSE:CPAAlaska Air GroupNYSE:ALKGol Linhas Aéreas InteligentesNYSE:GOLView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 42,688 shares on 11/30/2023Ownership: 1.430%Deutsche Bank AGSold 5,382 shares on 11/24/2023Ownership: 0.040%Public Sector Pension Investment BoardSold 9,109 shares on 11/22/2023Ownership: 0.102%Graham Capital Management L.P.Bought 8,736 shares on 11/22/2023Ownership: 0.047%Walleye Capital LLCSold 600 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ALGT Stock Analysis - 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 target for 2024? 10 brokers have issued 1-year target prices for Allegiant Travel's shares. Their ALGT share price targets range from $65.00 to $145.00. On average, they predict the company's stock price to reach $95.70 in the next year. This suggests a possible upside of 29.8% 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 on January 1st, 2023. Since then, ALGT shares have increased by 8.4% and is now trading at $73.71. View the best growth stocks for 2023 here. Are investors shorting Allegiant Travel? Allegiant Travel saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 843,200 shares, an increase of 20.8% from the October 31st total of 698,300 shares. Based on an average daily trading volume, of 264,300 shares, the days-to-cover ratio is presently 3.2 days. Approximately 5.5% of the company's stock are short sold. View Allegiant Travel's Short Interest. When is Allegiant Travel's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024. View our ALGT earnings forecast. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) posted its earnings results on Thursday, November, 2nd. The transportation company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.04. The transportation company earned $565.36 million during the quarter, compared to the consensus estimate of $583.69 million. Allegiant Travel had a net margin of 6.71% and a trailing twelve-month return on equity of 8.15%. How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel? Allegiant Travel declared a quarterly dividend on Tuesday, November 7th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.60 per share on Friday, December 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Tuesday, November 14th. Read our dividend analysis for ALGT. 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 3.36%. The dividend payout ratio is 25.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALGT will have a dividend payout ratio of 28.64% next year. This indicates that the company will be able to sustain or increase its dividend. 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). What guidance has Allegiant Travel issued on next quarter's earnings? Allegiant Travel updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $7.75-8.50 for the period, compared to the consensus earnings per share estimate of $8.52. 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). Who are Allegiant Travel's major shareholders? Allegiant Travel's stock is owned by a variety of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (4.67%), U S Global Investors Inc. (2.84%), Morgan Stanley (1.53%), American Century Companies Inc. (1.43%), Bank of New York Mellon Corp (0.86%) and Northern Trust Corp (0.81%). Insiders that own company stock include Gary Ellmer, Gregory Clark Anderson, Keny Frank Wilper, 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. 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 This page (NASDAQ:ALGT) was last updated on 12/5/2023 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. 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