Allegiant Travel Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Allegiant Travel stock.
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Allegiant Travel is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Allegiant Travel.

Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings data on Monday, May, 3rd. The transportation company reported ($3.58) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($3.10) by $0.48. The transportation company had revenue of $279.10 million for the quarter, compared to the consensus estimate of $308.87 million. Allegiant Travel had a negative trailing twelve-month return on equity of 33.46% and a negative net margin of 16.77%. Allegiant Travel's revenue was down 31.8% on a year-over-year basis. During the same period last year, the business posted $2.05 EPS.
View Allegiant Travel's earnings history.

Allegiant Travel's stock was trading at $119.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALGT stock has increased by 63.4% and is now trading at $195.99.
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11 equities research analysts have issued 1-year target prices for Allegiant Travel's shares. Their forecasts range from $127.00 to $326.00. On average, they expect Allegiant Travel's stock price to reach $245.40 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price.
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422 employees have rated Allegiant Travel CEO Maury Gallagher Jr. on Glassdoor.com. Maury Gallagher Jr. has an approval rating of 94% among Allegiant Travel's employees. This puts Maury Gallagher Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Allegiant Travel include Southwest Airlines (LUV), Delta Air Lines (DAL), United Airlines (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), SkyWest (SKYW) and Hawaiian (HA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiant Travel investors own include The 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).

Allegiant Travel trades on the NASDAQ under the ticker symbol "ALGT."

Allegiant Travel's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.48%), Wasatch Advisors Inc. (7.34%), Neuberger Berman Group LLC (4.93%), U S Global Investors Inc. (3.84%), Franklin Resources Inc. (2.29%) and Geneva Capital Management LLC (2.28%). Company insiders that own Allegiant Travel stock include Charles W Pollard, Gary Ellmer, Gregory Clark Anderson, John Redmond, Linda A Marvin, Maurice J Gallagher Jr, Rebecca Aretos, Robert Paul Wilson III, Scott Sheldon and Scott Wayne Deangelo.
View institutional ownership trends for Allegiant Travel.

ALGT stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Diamond Hill Capital Management Inc., D. E. Shaw & Co. Inc., Franklin Resources Inc., Dimensional Fund Advisors LP, Royce & Associates LP, U S Global Investors Inc., and Owls Nest Partners IA LLC. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Linda A Marvin, Maurice J Gallagher Jr, Rebecca Aretos, Robert Paul Wilson III, Scott Sheldon, and Scott Wayne Deangelo.
View insider buying and selling activity for Allegiant Travel or view top insider-selling stocks.

ALGT stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Price T Rowe Associates Inc. MD, BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Fort Washington Investment Advisors Inc. OH, State of Wisconsin Investment Board, and State of Michigan Retirement System. 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 or or view top insider-buying stocks.

Shares of ALGT 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.
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One share of ALGT stock can currently be purchased for approximately $195.99.

Allegiant Travel has a market capitalization of $3.22 billion and generates $990.07 million in revenue each year. The transportation company earns $-184,090,000.00 in net income (profit) each year or ($9.33) on an earnings per share basis.

Allegiant Travel employs 3,863 workers across the globe.

Allegiant Travel was founded in 1999.

The official website for Allegiant Travel is www.allegiantair.com.

Allegiant Travel is headquartered at 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144.

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]