Allegiant Travel Stock Forecast, Price & News

Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions

Is Allegiant Travel a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 2 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Allegiant Travel stock.
View analyst ratings for Allegiant Travel or view top-rated stocks.

What stocks does MarketBeat like better than Allegiant Travel?

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

Are investors shorting Allegiant Travel?

Allegiant Travel saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 859,400 shares, an increase of 24.9% from the August 31st total of 687,900 shares. Based on an average daily volume of 169,300 shares, the short-interest ratio is presently 5.1 days. Currently, 5.7% of the shares of the stock are sold short.
View Allegiant Travel's Short Interest.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Allegiant Travel.

How can I listen to Allegiant Travel's earnings call?

Allegiant Travel will be holding an earnings conference call on Wednesday, October 27th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Tuesday, July, 27th. The transportation company reported $3.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.84 by $0.62. The transportation company earned $472.43 million during the quarter, compared to analysts' expectations of $472.93 million. Allegiant Travel had a negative trailing twelve-month return on equity of 10.32% and a net margin of 3.66%.
View Allegiant Travel's earnings history.

How has Allegiant Travel's stock price been impacted by COVID-19?

Allegiant Travel's stock was trading at $119.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ALGT shares have increased by 50.7% and is now trading at $180.82.
View which stocks have been most impacted by COVID-19.

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

Allegiant Travel issued an update on its third quarter 2021 earnings guidance on Thursday, October, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $459.64 million-$459.64 million, compared to the consensus revenue estimate of $451.08 million.

What price target have analysts set for ALGT?

11 brokerages have issued 12-month price objectives for Allegiant Travel's stock. Their forecasts range from $214.00 to $300.00. On average, they expect Allegiant Travel's share price to reach $257.45 in the next year. This suggests a possible upside of 42.4% from the stock's current price.
View analysts' price targets for Allegiant Travel or view top-rated stocks among Wall Street analysts.

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the following people:

• Maurice J. Gallagher, Chairman & Chief Executive Officer
• John T. Redmond, President & Director
• D. Scott Sheldon, Chief Operating Officer & Executive Vice President (LinkedIn Profile)
• Gregory Clark Anderson, Chief Financial Officer & Treasurer (LinkedIn Profile)
• Robert P. Wilson, Chief Information Officer & Executive VP

What is Maury Gallagher Jr.'s approval rating as Allegiant Travel's CEO?

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.

Who are some of Allegiant Travel's key competitors?

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.

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 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).

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 investors include Capital Investment Services of America Inc. (0.50%), Oldfield Partners LLP (0.26%), New York State Teachers Retirement System (0.12%), Assenagon Asset Management S.A. (0.07%), State of Alaska Department of Revenue (0.06%) and Uncommon Cents Investing LLC (0.04%). 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.

Which institutional investors are selling Allegiant Travel stock?

ALGT stock was sold by a variety of institutional investors in the last quarter, including Uncommon Cents Investing LLC. 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.

Which institutional investors are buying Allegiant Travel stock?

ALGT stock was acquired by a variety of institutional investors in the last quarter, including Oldfield Partners LLP, Assenagon Asset Management S.A., Capital Investment Services of America Inc., State of Alaska Department of Revenue, Strs Ohio, Louisiana State Employees Retirement System, Level Four Advisory Services LLC, 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.

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 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 $180.82.

How much money does Allegiant Travel make?

Allegiant Travel has a market capitalization of $3.26 billion and generates $990.07 million in revenue each year. The transportation company earns $-184.09 million in net income (profit) each year or ($9.33) on an earnings per share basis.

How many employees does Allegiant Travel have?

Allegiant Travel employs 3,863 workers across the globe.

When was Allegiant Travel founded?

Allegiant Travel was founded in 1997.

What is Allegiant Travel's official website?

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

Where are Allegiant Travel's headquarters?

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

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 or via email at [email protected].