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NASDAQ:ALGTAllegiant Travel Stock Price, Forecast & News

$109.22
+0.93 (+0.86 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$108.60
Now: $109.22
$113.80
50-Day Range
$74.39
MA: $106.33
$133.75
52-Week Range
$60.06
Now: $109.22
$183.26
Volume110,559 shs
Average Volume343,059 shs
Market Capitalization$1.77 billion
P/E Ratio12.60
Dividend Yield2.56%
Beta1.47
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.
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Beat the Market (BTM) Rank

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

Industry Air transportation, scheduled
Sub-IndustryAirlines
Current SymbolNASDAQ:ALGT
CUSIP01748X10
Phone702-851-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$23.80 per share
Book Value$54.24 per share

Profitability

Net Income$232.12 million

Miscellaneous

Employees4,697
Market Cap$1.77 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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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?

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

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