QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
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
349,538 shs
Average Volume
224,863 shs
Market Capitalization
$1.85 billion
P/E Ratio
1,118.68
Dividend Yield
N/A
Price Target
$102.33

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
0.26mentions of Allegiant Travel in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$86,712 Sold Last Quarter
Proj. Earnings Growth
126.19%
From $6.30 to $14.25 Per Share

Overall MarketRank

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

2.09 out of 5 stars

Transportation Sector

63rd out of 121 stocks

Air Transportation, Scheduled Industry

8th out of 20 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.

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

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
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 Travel (NASDAQ:ALGT) Short Interest Update
ALLEGIANT REPORTS DECEMBER 2022 TRAFFIC
Allegiant Promo Codes January 2023
ALLEGIANT REPORTS NOVEMBER 2022 TRAFFIC
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
2/03/2023
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
+1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$151.85 million
Pretax Margin
-2.09%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$14.26 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 Financial & Accounting Officer
  • Robert P. Wilson
    Chief Information Officer & Executive VP
  • Rebecca Henry
    Chief Human Resources Officer & Senior VP













ALGT Stock - Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12 month price targets for Allegiant Travel's stock. Their ALGT share price forecasts range from $80.00 to $150.00. On average, they expect the company's stock 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 shares have 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 drop in short interest in the month of January. As of January 15th, there was short interest totaling 574,100 shares, a drop of 29.0% from the December 31st total of 808,700 shares. Based on an average daily trading volume, of 231,600 shares, the short-interest ratio is presently 2.5 days. Currently, 3.7% of the company's stock are short sold.
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) announced its earnings results 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 had revenue of $459.47 million for 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%. Allegiant Travel's revenue was up 128.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($4.28) EPS.

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 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 variety of 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 2/3/2023 by MarketBeat.com Staff