S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Fed's Shocking New Plan to Control Your Money (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Fed's Shocking New Plan to Control Your Money (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
NASDAQ:ALGT

Allegiant Travel - ALGT Stock Forecast, Price & News

$84.61
+2.36 (+2.87%)
(As of 03/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$82.10
$85.48
50-Day Range
$79.99
$104.36
52-Week Range
$62.94
$176.56
Volume
205,488 shs
Average Volume
217,972 shs
Market Capitalization
$1.53 billion
P/E Ratio
940.22
Dividend Yield
N/A
Price Target
$102.75

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
21.4% Upside
$102.75 Price Target
Short Interest
Bearish
5.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
0.29mentions of Allegiant Travel in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$984,461 Sold Last Quarter
Proj. Earnings Growth
62.34%
From $6.16 to $10.00 Per Share

Overall MarketRank

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

2.13 out of 5 stars

Transportation Sector

63rd out of 122 stocks

Air Transportation, Scheduled Industry

9th out of 18 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

Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
ALLEGIANT REPORTS FEBRUARY 2023 TRAFFIC
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Q4 2022 Crexendo Inc Earnings Call
Allegiant (ALGT) Shares Rise 20.5% in a Month: Here's Why
ALLEGIANT REPORTS JANUARY 2023 TRAFFIC
Allegiant makes changes to C-suite
ALLEGIANT ANNOUNCES STRATEGIC LEADERSHIP UPDATES
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
3/27/2023
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
5,315
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$102.75
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+21.4%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$2.49 million
Pretax Margin
0.22%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$14.20 per share
Book Value
$66.35 per share

Miscellaneous

Free Float
15,386,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
1.61

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
  • Keny Wilper
    Chief Operating Officer & Senior Vice President
  • Robert Neal
    Chief Financial Officer & Senior Vice President













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 10 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 analysts have issued twelve-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 stock price to reach $102.75 in the next twelve months. This suggests a possible upside of 21.4% 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 2023. Since then, ALGT shares have increased by 24.4% and is now trading at $84.61.
View the best growth stocks for 2023 here
.

Are investors shorting Allegiant Travel?

Allegiant Travel saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 788,900 shares, an increase of 9.5% from the February 28th total of 720,600 shares. Based on an average daily trading volume, of 217,700 shares, the short-interest ratio is presently 3.6 days. Approximately 5.1% of the company's shares 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) issued its quarterly earnings results on Tuesday, October, 26th. The transportation company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.02. The transportation company had revenue of $459.47 million for the quarter, compared to analyst estimates of $451.35 million. Allegiant Travel had a trailing twelve-month return on equity of 4.69% and a net margin of 0.11%. The firm's revenue was up 128.6% compared to the same quarter last year. During the same quarter last year, the business posted ($4.28) earnings per share.

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 institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (8.64%), U S Global Investors Inc. (4.62%), Diamond Hill Capital Management Inc. (3.99%), Macquarie Group Ltd. (2.70%), Franklin Resources Inc. (2.69%) and Dimensional Fund Advisors LP (1.96%). 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 $84.61.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.53 billion and generates $2.30 billion in revenue each year. The transportation company earns $2.49 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 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 3/28/2023 by MarketBeat.com Staff