Allegiant Travel Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 3 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Allegiant Travel stock.
View analyst ratings for Allegiant Travel or view top-rated stocks.

Wall Street analysts have given Allegiant Travel a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Allegiant Travel wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Allegiant Travel is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for Allegiant Travel.

Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings data on Tuesday, February, 2nd. The transportation company reported ($1.12) earnings per share for the quarter, beating analysts' consensus estimates of ($2.44) by $1.32. The transportation company earned $246.56 million during the quarter, compared to analyst estimates of $245.48 million. Allegiant Travel had a negative trailing twelve-month return on equity of 8.83% and a negative net margin of 7.86%. The company's revenue for the quarter was down 46.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.72 earnings per share.
View Allegiant Travel's earnings history.

Allegiant Travel's stock was trading at $119.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALGT stock has increased by 107.1% and is now trading at $248.50.
View which stocks have been most impacted by COVID-19.

10 equities research analysts have issued twelve-month price targets for Allegiant Travel's shares. Their forecasts range from $127.00 to $300.00. On average, they expect Allegiant Travel's share price to reach $223.67 in the next year. This suggests that the stock has a possible downside of 10.0%.
View analysts' price targets for Allegiant Travel or view top-rated stocks among Wall Street analysts.

422 employees have rated Allegiant Travel CEO Maury Gallagher Jr. on Glassdoor.com. Maury Gallagher Jr. has an approval rating of 94% among Allegiant Travel's employees. This puts Maury Gallagher Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Allegiant Travel include Southwest Airlines (LUV), Delta Air Lines (DAL), United Airlines (UAL), Alaska Air Group (ALK), JetBlue Airways (JBLU), Copa (CPA), SkyWest (SKYW) and Hawaiian (HA).
View all of ALGT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiant Travel investors own include The 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).

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

Allegiant Travel's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Capital Investment Services of America Inc. (0.50%), State of Alaska Department of Revenue (0.05%), Salvus Wealth Management LLC (0.02%) and Everence Capital Management Inc. (0.01%). Company insiders that own Allegiant Travel 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 for Allegiant Travel.

ALGT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Capital Investment Services of America Inc.. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Linda A Marvin, Maurice J Gallagher Jr, Rebecca Aretos, Robert Paul Wilson III, Scott Sheldon, and Scott Wayne Deangelo.
View insider buying and selling activity for Allegiant Travel or view top insider-selling stocks.

ALGT stock was bought by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., and Salvus Wealth Management LLC. Company insiders that have bought Allegiant Travel stock in the last two years include Charles W Pollard, and John Redmond.
View insider buying and selling activity for Allegiant Travel or or view top insider-buying stocks.

Shares of ALGT 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.

One share of ALGT stock can currently be purchased for approximately $248.50.

Allegiant Travel has a market capitalization of $4.08 billion and generates $1.84 billion in revenue each year. The transportation company earns $232.12 million in net income (profit) each year or $14.26 on an earnings per share basis.

Allegiant Travel employs 3,658 workers across the globe.

The official website for Allegiant Travel is www.allegiantair.com.

Allegiant Travel is headquartered at 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144.

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 or via email at [email protected]