S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
NASDAQ:ALGT

Allegiant Travel - ALGT Stock Forecast, Price & News

$80.18
+1.63 (+2.08%)
(As of 11/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$78.36
$81.03
50-Day Range
$65.44
$87.00
52-Week Range
$63.78
$196.66
Volume
152,537 shs
Average Volume
225,610 shs
Market Capitalization
$1.48 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$121.55

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
51.6% Upside
$121.55 Price Target
Short Interest
Healthy
4.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
0.93mentions of Allegiant Travel in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$170,481 Sold Last Quarter
Proj. Earnings Growth
757.53%
From $0.73 to $6.26 Per Share

Overall MarketRank

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

2.58 out of 5 stars

Transportation Sector

22nd out of 125 stocks

Air Transportation, Scheduled Industry

1st out of 20 stocks

ALGT stock logo

About Allegiant Travel (NASDAQ:ALGT) Stock

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 14, 2022, it operated a fleet of 110 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.

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.

ALGT Stock News Headlines

Allegiant Travel (NASDAQ:ALGT) Trading Up 5.3%
ALLEGIANT REPORTS OCTOBER 2022 TRAFFIC
ALLEGIANT TRAVEL COMPANY THIRD QUARTER FINANCIAL RESULTS
ALLEGIANT REPORTS SEPTEMBER 2022 TRAFFIC
Allegiant delays resort opening due to Hurricane Ian
See 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.

ALGT Company Calendar

Last Earnings
10/26/2021
Today
11/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
Current Symbol
NASDAQ:ALGT
CUSIP
01748X10
Employees
4,733
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$121.55
High Stock Price Forecast
$175.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+51.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$151.85 million
Pretax Margin
-2.09%

Debt

Sales & Book Value

Annual Sales
$1.71 billion
Cash Flow
$12.20 per share
Book Value
$64.62 per share

Miscellaneous

Free Float
15,621,000
Market Cap
$1.48 billion
Optionable
Optionable
Beta
1.53

Social Links


Key Executives

  • Mr. Maurice J. Gallagher Jr. (Age 72)
    Exec. Chairman
  • Mr. John T. Redmond (Age 63)
    CEO & Director
  • Mr. Scott D. Sheldon (Age 44)
    Pres & COO
    Comp: $270.4k
  • Mr. Gregory Clark Anderson CPA (Age 40)
    Pres & CFO
    Comp: $270.4k
  • Mr. Robert P. Wilson III (Age 52)
    Exec. VP & Chief Information Officer
    Comp: $261.04k
  • Mr. Scott Wayne DeAngeloMr. Scott Wayne DeAngelo (Age 49)
    Exec. VP & Chief Marketing Officer
    Comp: $226.66k
  • Ms. Rebecca  AretosMs. Rebecca Aretos (Age 46)
    VP & Principal Accounting Officer
  • Mr. Robert Neal
    Sr. VP of Corp. Fin. & Treasurer
  • Mr. Robert B. Goldberg Esq.
    Sr. VP, Sr. Counsel & Sec.
  • Ms. Rebecca Henry
    Sr. VP & Chief HR Officer













ALGT Stock - Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALGT shares.
View ALGT analyst ratings
or view top-rated stocks.

What is Allegiant Travel's stock price forecast for 2023?

10 Wall Street analysts have issued 1-year price targets for Allegiant Travel's shares. Their ALGT share price forecasts range from $100.00 to $175.00. On average, they expect the company's stock price to reach $121.55 in the next year. This suggests a possible upside of 51.6% 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 2022?

Allegiant Travel's stock was trading at $187.04 at the beginning of the year. Since then, ALGT stock has decreased by 57.1% and is now trading at $80.18.
View the best growth stocks for 2022 here
.

When is Allegiant Travel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ALGT earnings forecast
.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings results on Tuesday, October, 26th. The transportation company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. The transportation company earned $459.47 million during the quarter, compared to analyst estimates of $451.35 million. Allegiant Travel had a negative net margin of 1.80% and a positive trailing twelve-month return on equity of 1.68%. The business's revenue for the quarter was up 128.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($4.28) EPS.

What guidance has Allegiant Travel issued on next quarter's earnings?

Allegiant Travel issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $583.26 million-$592.48 million, compared to the consensus revenue estimate of $571.05 million.

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.00%), Vanguard Group Inc. (9.11%), Diamond Hill Capital Management Inc. (4.11%), U S Global Investors Inc. (3.65%), State Street Corp (3.43%) and Macquarie Group Ltd. (2.66%). Insiders that own company 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
.

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 $80.18.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.48 billion and generates $1.71 billion in revenue each year. The transportation company earns $151.85 million in net income (profit) each year or ($2.19) on an earnings per share basis.

How many employees does Allegiant Travel have?

The company employs 4,733 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 11/30/2022 by MarketBeat.com Staff