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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
Sell every Stock except ONE (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
WARNING TO ALL U.S. INVESTORS (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
Sell every Stock except ONE (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
WARNING TO ALL U.S. INVESTORS (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
Sell every Stock except ONE (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
WARNING TO ALL U.S. INVESTORS (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
NASDAQ:ALGT

Allegiant Travel (ALGT) Stock Forecast, Price & News

$99.86
+0.91 (+0.92%)
(As of 05/26/2023 04:00 PM ET)
Compare
Today's Range
$98.80
$101.03
50-Day Range
$80.87
$109.03
52-Week Range
$62.94
$152.32
Volume
188,200 shs
Average Volume
202,114 shs
Market Capitalization
$1.84 billion
P/E Ratio
27.59
Dividend Yield
N/A
Price Target
$104.42

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Hold
2.15 Rating Score
Upside/​Downside
4.6% Upside
$104.42 Price Target
Short Interest
Healthy
4.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
0.75mentions of Allegiant Travel in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$216,856 Sold Last Quarter
Proj. Earnings Growth
27.79%
From $9.14 to $11.68 Per Share

Overall MarketRank

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

1.83 out of 5 stars

Transportation Sector

99th out of 122 stocks

Air Transportation, Scheduled Industry

15th 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

"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
ALLEGIANT REPORTS APRIL 2023 TRAFFIC
Allegiant Travel (NASDAQ:ALGT) PT Raised to $123.00
Brokerages Set Allegiant Travel (NASDAQ:ALGT) PT at $105.73
See More Headlines
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ALGT Company Calendar

Last Earnings
5/03/2023
Today
5/29/2023
Next Earnings (Estimated)
8/02/2023
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
$104.42
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+4.6%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
13 Analysts

Profitability

Net Income
$2.49 million
Pretax Margin
3.67%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$13.81 per share
Book Value
$66.35 per share

Miscellaneous

Free Float
15,646,000
Market Cap
$1.84 billion
Optionable
Optionable
Beta
1.61

Social Links


Key Executives

  • John T. Redmond
    Chief Executive Officer & Director
  • Gregory Clark Anderson
    President & Chief Accounting Officer
  • Keny Wilper
    Chief Operating Officer & Senior Vice President
  • 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 analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1-year target prices for Allegiant Travel's shares. Their ALGT share price forecasts range from $80.00 to $150.00. On average, they predict the company's share price to reach $104.42 in the next twelve months. This suggests a possible upside of 4.6% 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 stock has increased by 46.9% and is now trading at $99.86.
View the best growth stocks for 2023 here
.

Are investors shorting Allegiant Travel?

Allegiant Travel saw a increase in short interest in May. As of May 15th, there was short interest totaling 713,300 shares, an increase of 8.2% from the April 30th total of 659,500 shares. Based on an average trading volume of 194,800 shares, the days-to-cover ratio is presently 3.7 days. Approximately 4.7% of the shares of the 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, August 2nd 2023.
View our ALGT earnings forecast
.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings results on Wednesday, May, 3rd. The transportation company reported $3.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.29 by $0.75. The transportation company earned $649.70 million during the quarter, compared to analysts' expectations of $627.89 million. Allegiant Travel had a trailing twelve-month return on equity of 9.23% and a net margin of 2.71%. Allegiant Travel's quarterly revenue was up 29.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.12) earnings per share.

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 investors include BlackRock Inc. (14.12%), Diamond Hill Capital Management Inc. (4.36%), U S Global Investors Inc. (4.21%), State Street Corp (3.33%), Dimensional Fund Advisors LP (2.98%) and Macquarie Group Ltd. (2.76%). 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 $99.86.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.84 billion and generates $2.30 billion in revenue each year. The transportation company earns $2.49 million in net income (profit) each year or $3.62 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 5/29/2023 by MarketBeat.com Staff

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