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 $109.22 +0.93 (+0.86 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$108.60Now: $109.22▼$113.8050-Day Range$74.39MA: $106.33▼$133.7552-Week Range$60.06Now: $109.22▼$183.26Volume110,559 shsAverage Volume343,059 shsMarket Capitalization$1.77 billionP/E Ratio12.60Dividend Yield2.56%Beta1.47 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™ 3.3 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $146.58, Allegiant Travel has a potential upside of 34.2% from its current price of $109.22.Amount of Analyst CoverageAllegiant Travel has only been the subject of 4 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesAllegiant Travel has received 480 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAllegiant Travel has received 582 “underperform” votes. (Add your “underperform” vote.)Community SentimentAllegiant Travel has received 54.80% “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 2.5 Dividend Strength Dividend YieldAllegiant Travel pays a meaningful dividend of 2.56%, 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 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 39.33% 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 1,315.09% more of their company's stock than they have bought. Specifically, they have bought $819,030.00 in company stock and sold $11,590,000.00 in company stock.Percentage Held by InsidersOnly 19.60% 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 ($6.10) to $7.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 12.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 12.60, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.87.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.19 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 Ratio1.56 Current Ratio0.98 Quick Ratio0.94Price-To-Earnings Trailing P/E Ratio12.60 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.84 billion Price / Sales0.96 Cash Flow$23.80 per share Price / Cash Flow4.59 Book Value$54.24 per share Price / Book2.01Profitability EPS (Most Recent Fiscal Year)$14.26 Net Income$232.12 million Net Margins7.86% Return on Equity24.99% Return on Assets6.91%Miscellaneous Employees4,697 Outstanding Shares16,240,000Market Cap$1.77 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 reached pandemic status according to the World Health Organization (WHO). Since then, ALGT shares have decreased by 9.0% and is now trading at $109.22. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Allegiant Travel? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 4 hold ratings, 5 buy ratings and 1 strong buy rating 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) released its quarterly earnings data on Tuesday, May, 12th. The transportation company reported $2.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $1.52. The transportation company earned $409.20 million during the quarter, compared to analyst estimates of $409.47 million. Allegiant Travel had a return on equity of 24.99% and a net margin of 7.86%. The company's quarterly revenue was down 9.5% on a year-over-year basis. During the same period last year, the company earned $3.52 earnings per share. View Allegiant Travel's earnings history. How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel? Allegiant Travel announced 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 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Friday, February 28th. View Allegiant Travel's dividend history. What price target have analysts set for ALGT? 11 analysts have issued 12 month price objectives for Allegiant Travel's stock. Their forecasts range from $73.00 to $205.00. On average, they expect Allegiant Travel's share price to reach $146.58 in the next twelve months. This suggests a possible upside of 34.2% 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 trended negative on Sunday, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Allegiant Travel earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Allegiant Travel. Are investors shorting Allegiant Travel? Allegiant Travel saw a decrease in short interest in June. As of June 15th, there was short interest totaling 1,620,000 shares, a decrease of 12.4% from the May 31st total of 1,850,000 shares. Based on an average trading volume of 377,400 shares, the days-to-cover ratio is currently 4.3 days. Currently, 12.6% of the shares of the stock are short sold. 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 Delta Air Lines (DAL), Southwest Airlines (LUV), 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." 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 $109.22. How big of a company is Allegiant Travel? Allegiant Travel has a market capitalization of $1.77 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 7/5/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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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