NASDAQ:ALGTAllegiant Travel Stock Price, Forecast & News Adding Choose a 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. Log In and Add $105.94 -3.62 (-3.30 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$105.03Now: $105.94▼$111.0450-Day Range$66.23MA: $78.57▼$109.5652-Week Range$60.06Now: $105.94▼$183.26Volume410,700 shsAverage Volume298,075 shsMarket Capitalization$1.73 billionP/E Ratio12.22Dividend Yield2.64%Beta1.31 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 15, 2019, it operated a fleet of 79 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, 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 leases spare engines to a third party; and offers management solutions to golf courses. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $145.18, Allegiant Travel has a potential upside of 37.0% from its current price of $105.94.Amount of Analyst CoverageAllegiant Travel has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesAllegiant Travel has received 479 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAllegiant Travel has received 578 “underperform” votes. (Add your “underperform” vote.)Community SentimentAllegiant Travel has received 54.68% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Allegiant Travel and other stocks. Vote “Outperform” if you believe ALGT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALGT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipAllegiant Travel is a leading dividend payer. It pays a dividend yield of 2.64%, 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 19.64 %. 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 41.06 % next year. This indicates that Allegiant Travel will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Allegiant Travel insiders have sold 353.54% more of their company's stock than they have bought. Specifically, they have bought $97,610.00 in company stock and sold $442,704.00 in company stock.Percentage Held by InsidersOnly 20.90% of the stock of Allegiant Travel is held by insiders.Percentage Held by Institutions83.57% 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 in the coming year, from ($5.30) to $6.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 12.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 12.22, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.42.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.55 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNASDAQ:ALGT Previous Symbol CUSIP01748X10 CIK1362468 Webwww.allegiantair.com Phone702-851-7300Debt Debt-to-Equity Ratio1.41 Current Ratio0.92 Quick Ratio0.87Price-To-Earnings Trailing P/E Ratio12.22 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.84 billion Price / Sales0.94 Cash Flow$23.03 per share Price / Cash Flow4.60 Book Value$54.24 per share Price / Book1.95Profitability EPS (Most Recent Fiscal Year)$14.26 Net Income$232.12 million Net Margins7.86% Return on Equity24.78% Return on Assets7.06%Miscellaneous Employees4,697 Outstanding Shares16,370,000Market Cap$1.73 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:ALGT Rates by TradingView Receive ALGT News and Ratings via Email Sign-up to receive the latest news and ratings for ALGT and its competitors with MarketBeat's FREE daily newsletter. Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions How has Allegiant Travel's stock been impacted by COVID-19 (Coronavirus)? Allegiant Travel's stock was trading at $119.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ALGT shares have decreased by 11.7% and is now trading at $105.94. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Allegiant Travel? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Allegiant Travel. When is Allegiant Travel's next earnings date? Allegiant Travel is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Allegiant Travel. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) announced its earnings results on Tuesday, May, 12th. The transportation company reported $2.05 EPS for the quarter, topping the consensus estimate of $0.53 by $1.52. The transportation company earned $409.20 million during the quarter, compared to analysts' expectations of $409.47 million. Allegiant Travel had a net margin of 7.86% and a return on equity of 24.78%. The business's revenue for the quarter was down 9.5% on a year-over-year basis. During the same period last year, the business posted $3.52 EPS. View Allegiant Travel's earnings history. How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel? Allegiant Travel declared a quarterly dividend on Wednesday, January 29th. Investors of record on Monday, March 2nd will be given a dividend of $0.70 per share on Thursday, March 12th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, February 28th. View Allegiant Travel's dividend history. What price target have analysts set for ALGT? 10 brokerages have issued 1-year target prices for Allegiant Travel's stock. Their forecasts range from $73.00 to $205.00. On average, they expect Allegiant Travel's stock price to reach $145.18 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View analysts' price targets for Allegiant Travel. Has Allegiant Travel been receiving favorable news coverage? Media headlines about ALGT stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allegiant Travel earned a news impact score of -2.5 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAllegiant Travel. Are investors shorting Allegiant Travel? Allegiant Travel saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,890,000 shares, an increase of 9.2% from the April 30th total of 1,730,000 shares. Based on an average daily volume of 309,200 shares, the days-to-cover ratio is presently 6.1 days. Currently, 14.5% of the company's shares are sold short. View Allegiant Travel's Current Options Chain. Who are some of Allegiant Travel's key competitors? Some companies that are related to Allegiant Travel include Southwest Airlines (LUV), Delta Air Lines (DAL), United Continental (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), SkyWest (SKYW), Spirit Airlines (SAVE) and Hawaiian (HA). View all competitors. 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 Alaska Air Group (ALK), InterDigital Wireless (IDCC), Visa (V), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Alibaba Group (BABA), Ford Motor (F), Exxon Mobil (XOM), Bank of Hawaii (BOH) and Caterpillar (CAT). Who are Allegiant Travel's key executives? Allegiant Travel's management team includes the following people: Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 69)Mr. John T. Redmond, Pres & Director (Age 60)Mr. Gregory Clark Anderson CPA, Exec. VP, Principal Accounting Officer, Sec. & CFO (Age 37)Mr. Scott D. Sheldon, Exec. VP & COO (Age 41)Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer (Age 49) 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 shareholders include BlackRock Inc. (11.35%), Par Capital Management Inc. (9.71%), Wasatch Advisors Inc. (8.43%), Diamond Hill Capital Management Inc. (3.12%), State Street Corp (2.46%) and Morgan Stanley (1.76%). Company insiders that own Allegiant Travel stock include Charles W Pollard, Gary Ellmer, John Redmond, Maurice J Gallagher Jr and Robert Paul Wilson III. View institutional ownership trends for Allegiant Travel. Which major investors are selling Allegiant Travel stock? ALGT stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Deutsche Bank AG, First Pacific Advisors LP, UBS Group AG, BlackRock Inc., GW&K Investment Management LLC, Bank of New York Mellon Corp, and Citigroup Inc.. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Maurice J Gallagher Jr, and Robert Paul Wilson III. View insider buying and selling activity for Allegiant Travel. Which major investors are buying Allegiant Travel stock? ALGT stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Morgan Stanley, Morgan Stanley, U S Global Investors Inc., Invesco Ltd., JPMorgan Chase & Co., Primecap Management Co. CA, and Assenagon Asset Management S.A.. Company insiders that have bought Allegiant Travel stock in the last two years include Charles W Pollard, and John Redmond. View insider buying and selling activity for Allegiant Travel. How do I buy shares of Allegiant Travel? Shares of ALGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Allegiant Travel's stock price today? One share of ALGT stock can currently be purchased for approximately $105.94. How big of a company is Allegiant Travel? Allegiant Travel has a market capitalization of $1.73 billion and generates $1.84 billion in revenue each year. The transportation company earns $232.12 million in net income (profit) each year or $14.26 on an earnings per share basis. Allegiant Travel employs 4,697 workers across the globe. What is Allegiant Travel's official website? The official website for Allegiant Travel is www.allegiantair.com. How can I contact Allegiant Travel? Allegiant Travel's mailing address is 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144. The transportation company can be reached via phone at 702-851-7300 or via email at [email protected] This page was last updated on 5/30/2020 by MarketBeat.com Staff
