NASDAQ:ALGT - Allegiant Travel Stock Price, Price Target & More

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$144.30 +0.10 (+0.07 %)
(As of 07/23/2018 11:42 AM ET)
Previous Close$143.85
Today's Range$143.80 - $144.35
52-Week Range$111.54 - $181.45
Volume761 shs
Average Volume138,106 shs
Market Capitalization$2.33 billion
P/E Ratio15.10
Dividend Yield1.94%
Allegiant Travel logoAllegiant Travel Company, a leisure travel company, focuses on the provision of 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 May 23, 2018, it operated a fleet of 99 Airbus 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, ground transportation, and attractions; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company offers 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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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Air transportation, scheduled


Debt-to-Equity Ratio1.64
Current Ratio0.92
Quick Ratio0.89


Trailing P/E Ratio15.10
Forward P/E Ratio13.66
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.50 billion
Price / Sales1.55
Cash Flow$17.3855 per share
Price / Cash8.30
Book Value$34.08 per share
Price / Book4.23


EPS (Most Recent Fiscal Year)$9.55
Net Income$194.90 million
Net Margins13.42%
Return on Equity32.61%
Return on Assets8.20%


Outstanding Shares16,150,000
Market Cap$2,328.67

Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions

What is Allegiant Travel's stock symbol?

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

How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel?

Allegiant Travel announced a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 18th will be paid a dividend of $0.70 per share on Friday, June 1st. This represents a $2.80 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, May 17th. View Allegiant Travel's Dividend History.

How will Allegiant Travel's stock buyback program work?

Allegiant Travel announced that its board has authorized a share buyback plan on Thursday, July 27th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $3.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.41. The transportation company had revenue of $425.44 million for the quarter, compared to the consensus estimate of $424.10 million. Allegiant Travel had a net margin of 13.42% and a return on equity of 32.61%. The company's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the business earned $2.50 earnings per share. View Allegiant Travel's Earnings History.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Allegiant Travel.

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

Allegiant Travel issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.92.

What price target have analysts set for ALGT?

12 analysts have issued 12-month target prices for Allegiant Travel's stock. Their predictions range from $117.00 to $193.00. On average, they expect Allegiant Travel's share price to reach $159.5920 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Ratings for Allegiant Travel.

What is the consensus analysts' recommendation for Allegiant Travel?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Allegiant Travel's key competitors?

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the folowing people:
  • Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 68)
  • Mr. John T. Redmond, Pres & Director (Age 59)
  • Mr. Scott D. Sheldon, Exec. VP, CFO & COO (Age 40)
  • Mr. Gregory Clark Anderson, Sr. VP, Treasury, Principal Accounting Officer & Sec. (Age 36)
  • Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer

Has Allegiant Travel been receiving favorable news coverage?

Media headlines about ALGT stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Allegiant Travel earned a news sentiment score of 0.11 on Accern's scale. They also assigned media stories about the transportation company an impact score of 45.88 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Allegiant Travel's major shareholders?

Allegiant Travel's stock is owned by a number of of retail and institutional investors. Top institutional investors include Capital Investment Services of America Inc. (0.42%), Nisa Investment Advisors LLC (0.03%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Allegiant Travel stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Jude Bricker, Maurice J Gallagher Jr, Scott Matthew Allard and Scott Sheldon. View Institutional Ownership Trends for Allegiant Travel.

Which institutional investors are selling Allegiant Travel stock?

ALGT stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Maurice J Gallagher Jr and Scott Sheldon. View Insider Buying and Selling for Allegiant Travel.

Which institutional investors are buying Allegiant Travel stock?

ALGT stock was purchased by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc.. View Insider Buying and Selling for Allegiant Travel.

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, Scottrade, Fidelity and Charles Schwab.

What is Allegiant Travel's stock price today?

One share of ALGT stock can currently be purchased for approximately $144.30.

How big of a company is Allegiant Travel?

Allegiant Travel has a market capitalization of $2.33 billion and generates $1.50 billion in revenue each year. The transportation company earns $194.90 million in net income (profit) each year or $9.55 on an earnings per share basis. Allegiant Travel employs 3,951 workers across the globe.

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.

MarketBeat Community Rating for Allegiant Travel (NASDAQ ALGT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  345 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  753
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.
This page was last updated on 7/23/2018 by Staff

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