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A gold storm is coming… (Ad)
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Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NASDAQ:ALGT

Allegiant Travel - ALGT Stock Forecast, Price & News

$100.67
-1.58 (-1.55%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$97.79
$101.69
50-Day Range
$63.58
$102.25
52-Week Range
$62.94
$185.06
Volume
349,541 shs
Average Volume
209,924 shs
Market Capitalization
$1.85 billion
P/E Ratio
1,118.68
Dividend Yield
N/A
Price Target
$102.00

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Hold
2.31 Rating Score
Upside/​Downside
1.3% Upside
$102.00 Price Target
Short Interest
Healthy
3.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
-0.01mentions of Allegiant Travel in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$86,712 Sold Last Quarter
Proj. Earnings Growth
105.06%
From $5.93 to $12.16 Per Share

Overall MarketRank

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

2.07 out of 5 stars

Transportation Sector

59th out of 121 stocks

Air Transportation, Scheduled Industry

8th out of 19 stocks

ALGT stock logo

About Allegiant Travel (NASDAQ:ALGT) Stock

Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation, air-related travel services and product, third party travel products, and fixed fee contract air transportation. It operates through the following segments: Airline, Sunseeker Resort, and Other non-Airline. The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation, and other airline-related revenue. The Sunseeker Resort segment represents activity related to the development and construction of Sunseeker Resort in Southwest Florida, as well as the operation of Kingsway Golf Course. The Other non-Airline segment includes the Teesnap golf course management solution and Allegiant Nonstop family entertainment centers. The company was founded in January 1997 and is headquartered in Las Vegas, NV.

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ALGT Stock News Headlines

Allegiant Travel (NASDAQ:ALGT) Price Target Raised to $85.00
Cowen Boosts Allegiant Travel (NASDAQ:ALGT) Price Target to $83.00
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Allegiant Travel (NASDAQ:ALGT) Downgraded by StockNews.com
Allegiant Travel (NASDAQ:ALGT) Shares Gap Up After Analyst Upgrade
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
ALLEGIANT ANNOUNCES STRATEGIC LEADERSHIP UPDATES
Allegiant Travel (NASDAQ:ALGT) Short Interest Update
ALLEGIANT REPORTS DECEMBER 2022 TRAFFIC
Allegiant Promo Codes January 2023
See More Headlines
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ALGT Company Calendar

Last Earnings
10/26/2021
Today
2/04/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

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
$102.00
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$151.85 million
Pretax Margin
0.22%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$13.59 per share
Book Value
$67.64 per share

Miscellaneous

Free Float
15,621,000
Market Cap
$1.85 billion
Optionable
Optionable
Beta
1.63

Social Links


Key Executives

  • John T. Redmond
    Chief Executive Officer & Director
  • D. Scott Sheldon
    Co-President & Chief Operating Officer
  • Gregory Clark Anderson
    Co-President & Chief Accounting Officer
  • Robert Neal
    Chief Financial Officer & Senior Vice President
  • Robert P. Wilson
    Chief Information Officer & Executive VP













ALGT Stock - Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALGT, but not buy additional shares or sell existing shares.
View ALGT analyst ratings
or view top-rated stocks.

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

13 brokerages have issued 12 month target prices for Allegiant Travel's shares. Their ALGT share price forecasts range from $80.00 to $150.00. On average, they predict the company's share price to reach $102.00 in the next year. This suggests a possible upside of 1.3% 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 2023?

Allegiant Travel's stock was trading at $67.99 on January 1st, 2023. Since then, ALGT stock has increased by 48.1% and is now trading at $100.67.
View the best growth stocks for 2023 here
.

Are investors shorting Allegiant Travel?

Allegiant Travel saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 574,100 shares, a decrease of 29.0% from the December 31st total of 808,700 shares. Based on an average daily volume of 231,600 shares, the short-interest ratio is presently 2.5 days. Currently, 3.7% of the shares of the stock are sold short.
View Allegiant Travel's Short Interest
.

When is Allegiant Travel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our ALGT earnings forecast
.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Tuesday, October, 26th. The transportation company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. The transportation company earned $459.47 million during the quarter, compared to the consensus estimate of $451.35 million. Allegiant Travel had a trailing twelve-month return on equity of 4.70% and a net margin of 0.11%. The firm's quarterly revenue was up 128.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($4.28) earnings per share.

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

Allegiant Travel updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (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 many different retail and institutional investors. Top institutional shareholders include U S Global Investors Inc. (4.62%), Fort Washington Investment Advisors Inc. OH (1.32%), Capital Investment Services of America Inc. (0.35%), Oldfield Partners LLP (0.20%), New York State Teachers Retirement System (0.11%) and Janney Montgomery Scott LLC (0.06%). 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 $100.67.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.85 billion and generates $2.30 billion in revenue each year. The transportation company earns $151.85 million in net income (profit) each year or $0.09 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 2/5/2023 by MarketBeat.com Staff