NASDAQ:ALGT Allegiant Travel (ALGT) Stock Forecast, Price & News $97.54 -0.22 (-0.23%) (As of 11:35 AM ET) Add Compare Share Share Today's Range$95.66▼$99.9450-Day Range$80.87▼$109.0352-Week Range$62.94▼$151.98Volume39,740 shsAverage Volume200,448 shsMarket Capitalization$1.80 billionP/E Ratio26.94Dividend YieldN/APrice Target$104.42 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Allegiant Travel MarketRank™ ForecastAnalyst RatingHold2.15 Rating ScoreUpside/Downside6.5% Upside$104.42 Price TargetShort InterestHealthy4.65% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment0.74Based on 9 Articles This WeekInsider TradingSelling Shares$216,856 Sold Last QuarterProj. Earnings Growth27.79%From $9.14 to $11.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 starsTransportation Sector98th out of 123 stocksAir Transportation, Scheduled Industry15th out of 18 stocks 1.1 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.15, and is based on 3 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $104.42, Allegiant Travel has a forecasted upside of 6.5% from its current price of $98.04.Amount of Analyst CoverageAllegiant Travel has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.65% of the float of Allegiant Travel has been sold short.Short Interest Ratio / Days to CoverAllegiant Travel has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegiant Travel has recently increased by 8.16%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldAllegiant Travel does not currently pay a dividend.Dividend GrowthAllegiant Travel does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Allegiant Travel is 77.35%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Allegiant Travel will have a dividend payout ratio of 23.97% next year. This indicates that Allegiant Travel will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAllegiant Travel has received a -73.95% net impact score from Upright. The largest negative impact of Allegiant Travel Company in category "GHG emissions" seems to be driven mostly by its "Low-cost air travel on domestic flights", "Low-cost air travel on international flights", and "Holiday resort services" products. See details.Environmental SustainabilityThe Environmental Impact score for Allegiant Travel is -6.11. Previous Next 3.2 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Allegiant Travel this week, compared to 5 articles on an average week.Search Interest6 people have searched for ALGT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Allegiant Travel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $216,856.00 in company stock.Percentage Held by Insiders15.10% of the stock of Allegiant Travel is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions85.77% of the stock of Allegiant Travel is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 27.79% in the coming year, from $9.14 to $11.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 27.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 27.08, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 22.29.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Allegiant Travel (NASDAQ:ALGT) StockAllegiant 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.Read More 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. Email Address ALGT Stock News HeadlinesMay 31, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Short Interest Up 8.2% in MayMay 30, 2023 | finance.yahoo.comHere's Why You Should Retain Union Pacific (UNP) Stock NowMay 31, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 26, 2023 | finance.yahoo.comALLEGIANT ANNOUNCES RATIFIED DISPATCHERS CONTRACT AGREEMENT WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERSMay 26, 2023 | finance.yahoo.comAir Transport (ATSG) Falls 45% in the Past Year: Here's HowMay 22, 2023 | finance.yahoo.comALLEGIANT PLEDGES $1 MILLION TO BOYS & GIRLS CLUBS OF AMERICA TO DEVELOP AVIATION JOURNEYMay 21, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine Allegiant Travel Company (NASDAQ:ALGT)?May 19, 2023 | finance.yahoo.comAirline Stock Roundup: AZUL Posts Wider Q1 Loss, LUV & ALGT in focusMay 31, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 19, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Receives New Coverage from Analysts at StockNews.comMay 18, 2023 | finance.yahoo.comAllegiant (ALGT) Shares Rise 30.7% in 6 Months: Here's WhyMay 18, 2023 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover Allegiant Travel (ALGT)May 18, 2023 | finance.yahoo.comALLEGIANT UNVEILS SPECIAL LIVERY DEDICATED TO INSOMNIAC FANSMay 17, 2023 | msn.comTravel and leisure stocks jump on debt deal hopesMay 16, 2023 | finanznachrichten.deAllegiant Travel Company: Allegiant Reports April 2023 TrafficMay 16, 2023 | finance.yahoo.comALLEGIANT REPORTS APRIL 2023 TRAFFICMay 15, 2023 | msn.comRaymond James Maintains Allegiant Travel (ALGT) Outperform RecommendationMay 15, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) PT Raised to $123.00May 12, 2023 | americanbankingnews.comBrokerages Set Allegiant Travel (NASDAQ:ALGT) PT at $105.73May 9, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Allegiant Travel Boosted by Analyst (NASDAQ:ALGT)May 8, 2023 | finance.yahoo.comAllegiant Travel Puts Up Dazzling Numbers; Ready For Takeoff?May 8, 2023 | americanbankingnews.comSusquehanna Boosts Allegiant Travel (NASDAQ:ALGT) Price Target to $105.00May 6, 2023 | americanbankingnews.comComparing Allegiant Travel (NASDAQ:ALGT) & Harbor Diversified (OTCMKTS:HRBR)May 5, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Shares Gap Up on Earnings BeatMay 4, 2023 | msn.comGoldman Sachs Maintains Allegiant Travel (ALGT) Buy RecommendationMay 4, 2023 | finance.yahoo.comAllegiant (ALGT) Q1 Earnings & Revenues Top Estimates, Up Y/YMay 4, 2023 | seekingalpha.comAllegiant Travel Company: Buy To Own A Hotel And AirlineSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address ALGT Company Calendar Last Earnings5/03/2023Today5/31/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNASDAQ:ALGT CUSIP01748X10 CIK1362468 Webwww.allegiantair.com Phone(702) 851-7300Fax702-589-7213Employees5,315Year Founded1997Price Target and Rating Average Stock Price Forecast$104.42 High Stock Price Forecast$150.00 Low Stock Price Forecast$80.00 Forecasted Upside/Downside+6.8%Consensus RatingHold Rating Score (0-4)2.15 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.62 Trailing P/E Ratio27.01 Forward P/E Ratio10.70 P/E GrowthN/ANet Income$2.49 million Net Margins2.71% Pretax Margin3.67% Return on Equity9.23% Return on Assets2.51% Debt Debt-to-Equity Ratio1.43 Current Ratio1.16 Quick Ratio1.13 Sales & Book Value Annual Sales$2.30 billion Price / Sales0.78 Cash Flow$13.52 per share Price / Cash Flow7.23 Book Value$66.35 per share Price / Book1.47Miscellaneous Outstanding Shares18,430,000Free Float15,646,000Market Cap$1.80 billion OptionableOptionable Beta1.61 Social Links Key ExecutivesJohn T. RedmondChief Executive Officer & DirectorGregory Clark AndersonPresident & Chief Accounting OfficerKeny F. WilperChief Operating Officer & Senior Vice PresidentRobert NealChief Financial Officer & Senior Vice PresidentRobert P. WilsonChief Information Officer & Executive VPKey CompetitorsJetBlue AirwaysNASDAQ:JBLUSkyWestNASDAQ:SKYWCopaNYSE:CPAAlaska Air GroupNYSE:ALKFrontier GroupNASDAQ:ULCCView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 2,280 shares on 5/26/2023Ownership: 0.012%Brandywine Global Investment Management LLCBought 36,262 shares on 5/25/2023Ownership: 0.679%Ameriprise Financial Inc.Sold 103 shares on 5/22/2023Ownership: 0.324%JPMorgan Chase & Co.Bought 7,019 shares on 5/18/2023Ownership: 0.129%New York State Common Retirement FundSold 3,334 shares on 5/18/2023Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions ALGT Stock - Frequently Asked Questions Should I buy or sell Allegiant Travel stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Wall Street analysts have issued twelve-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 share price to reach $104.42 in the next twelve months. This suggests a possible upside of 6.8% 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 at the beginning of the year. Since then, ALGT shares have increased by 43.8% and is now trading at $97.76. View the best growth stocks for 2023 here. Are investors shorting Allegiant Travel? Allegiant Travel saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 713,300 shares, an increase of 8.2% from the April 30th total of 659,500 shares. Based on an average trading volume of 194,800 shares, the short-interest ratio is presently 3.7 days. Approximately 4.7% of the company's shares 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, August 2nd 2023. View our ALGT earnings forecast. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) issued its quarterly earnings data on Wednesday, May, 3rd. The transportation company reported $3.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.75. The transportation company earned $649.70 million during the quarter, compared to the consensus estimate of $627.89 million. Allegiant Travel had a trailing twelve-month return on equity of 9.23% and a net margin of 2.71%. The business's quarterly revenue was up 29.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.12) EPS. What ETFs hold Allegiant Travel's stock? ETFs with the largest weight of Allegiant Travel (NASDAQ:ALGT) stock in their portfolio include U.S. Global Jets ETF (JETS), SPDR S&P Transportation ETF (XTN), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Industrials ETF (PSCI), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), First Trust Small Cap Value AlphaDEX Fund (FYT), Defiance Hotel, Airline, and Cruise ETF (CRUZ) and Invesco S&P SmallCap 600 Pure Value ETF (RZV). 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. (14.12%), Diamond Hill Capital Management Inc. (4.36%), U S Global Investors Inc. (4.21%), State Street Corp (3.33%), Dimensional Fund Advisors LP (2.98%) and Macquarie Group Ltd. (2.76%). Insiders that own company stock include Charles W Pollard, Gary Ellmer, Gregory Clark Anderson, John Redmond, Keny Frank Wilper, 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 $97.76. How much money does Allegiant Travel make? Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.80 billion and generates $2.30 billion in revenue each year. The transportation company earns $2.49 million in net income (profit) each year or $3.62 on an earnings per share basis. How many employees does Allegiant Travel have? The company employs 5,315 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Allegiant Travel Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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