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NASDAQ:ALGT

Allegiant Travel - ALGT Stock Forecast, Price & News

$72.34
+1.08 (+1.52%)
(As of 12/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$69.51
▼
$73.00
50-Day Range
$65.44
▼
$83.35
52-Week Range
$63.78
▼
$195.66
Volume
779,923 shs
Average Volume
241,969 shs
Market Capitalization
$1.33 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$116.09

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
60.5% Upside
$116.09 Price Target
Short Interest
Healthy
4.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
-0.09mentions of Allegiant Travel in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$90,775 Sold Last Quarter
Proj. Earnings Growth
757.53%
From $0.73 to $6.26 Per Share

Overall MarketRank™

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

2.40 out of 5 stars

Transportation Sector

41st out of 125 stocks

Air Transportation, Scheduled Industry

3rd out of 20 stocks

See Top Rated MarketRank™ Stocks Here
ALGT stock logo

About Allegiant Travel (NASDAQ:ALGT) Stock

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

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ALGT Stock News Headlines

December 9, 2022 | americanbankingnews.com
Allegiant Travel (NASDAQ:ALGT) Trading Down 5.4%
December 5, 2022 | seekingalpha.com
Allegiant Travel loses bull rating at Morgan Stanley due to uncertain near-term setup
December 5, 2022 | msn.com
What To Know About Morgan Stanley's Downgrade of Allegiant Travel
December 5, 2022 | finance.yahoo.com
After too little, too much, there are ‘Goldilocks’ conditions for air travel in 2023
December 2, 2022 | msn.com
Holiday travel is going to cost you big this year
December 2, 2022 | finance.yahoo.com
Airline Stock Roundup: UAL's Deal With Regional Carrier, ALK, ALGT in Focus
December 1, 2022 | finance.yahoo.com
ALLEGIANT ANNOUNCES PARTNERSHIP WITH DREAMWORKS ANIMATION'S PUSS IN BOOTS: THE LAST WISH
December 1, 2022 | msn.com
Holiday travel will cost you a pretty penny this year
November 21, 2022 | nasdaq.com
Allegiant (ALGT) October 2022 Passenger Volumes Top 2019-Level
November 19, 2022 | au.finance.yahoo.com
ALLEGIANT REPORTS OCTOBER 2022 TRAFFIC
November 16, 2022 | finance.yahoo.com
ALLEGIANT ANNOUNCES TWO NEW NONSTOP ROUTES WITH FARES AS LOW AS $37*
November 14, 2022 | seekingalpha.com
Allegiant Travel Company: Q3 Reveals Strong Business Model
November 9, 2022 | finance.yahoo.com
Allegiant Travel Third Quarter 2022 Earnings: EPS Misses Expectations
November 3, 2022 | seekingalpha.com
Allegiant Travel Company (ALGT) Q3 2022 Earnings Call Transcript
November 2, 2022 | finance.yahoo.com
ALLEGIANT TRAVEL COMPANY THIRD QUARTER FINANCIAL RESULTS
November 1, 2022 | finance.yahoo.com
ALLEGIANT PARTNERS WITH AMERICAN RED CROSS TO SPONSOR NATIONWIDE BLOOD DRIVE
October 26, 2022 | au.finance.yahoo.com
ALLEGIANT REPORTS SEPTEMBER 2022 TRAFFIC
October 25, 2022 | finance.yahoo.com
Construction starts on $25M new terminal at Phoenix-Mesa Gateway Airport
October 21, 2022 | finance.yahoo.com
READERS' CHOICE PICKS ALLEGIANT FOR BEST AIRLINE CREDIT CARD AND BEST FREQUENT FLYER PROGRAM
October 21, 2022 | finance.yahoo.com
Crexendo Scoops Allegiant Networks To Amplify Presence In Kansas & Missouri
October 20, 2022 | ca.finance.yahoo.com
Air Lease Corporation Announces Delivery of Tenth of Ten Airbus A320-200s to Allegiant
October 20, 2022 | finance.yahoo.com
The past year for Allegiant Travel (NASDAQ:ALGT) investors has not been profitable
October 18, 2022 | bizjournals.com
Two airlines cut flights from Fort Myers following Hurricane Ian
October 17, 2022 | seekingalpha.com
Allegiant wins approval for ultra low cost alliance in Mexico
October 17, 2022 | finance.yahoo.com
MEXICAN ANTITRUST COMMISSION AUTHORIZES COMMERCIAL ALLIANCE AGREEMENT BETWEEN ALLEGIANT AND VIVA AEROBUS
See More Headlines
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ALGT Company Calendar

Last Earnings
11/02/2022
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Air transportation, scheduled
Sub-Industry
Airlines
Sector
Transportation
Current Symbol
NASDAQ:ALGT
CUSIP
01748X10
CIK
1362468
Web
www.allegiantair.com
Phone
(702) 851-7300
Fax
702-589-7213
Employees
4,733
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$116.09
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+60.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($2.19)
Trailing P/E Ratio
N/A
Forward P/E Ratio
99.10
P/E Growth
N/A
Net Income
$151.85 million
Net Margins
-1.80%
Pretax Margin
-2.09%
Return on Equity
1.68%
Return on Assets
0.48%

Debt

Debt-to-Equity Ratio
1.55
Current Ratio
1.32
Quick Ratio
1.27

Sales & Book Value

Annual Sales
$1.71 billion
Price / Sales
0.78
Cash Flow
$12.04 per share
Price / Cash Flow
6.01
Book Value
$67.64 per share
Price / Book
1.07

Miscellaneous

Outstanding Shares
18,399,000
Free Float
15,621,000
Market Cap
$1.33 billion
Optionable
Optionable
Beta
1.53

Social Links


Key Executives

  • Mr. Maurice J. Gallagher Jr. (Age 72)
    Exec. Chairman
  • Mr. John T. Redmond (Age 63)
    CEO & Director
  • Mr. Scott D. Sheldon (Age 44)
    Pres & COO
    Comp: $270.4k
  • Mr. Gregory Clark Anderson CPA (Age 40)
    Pres & CFO
    Comp: $270.4k
  • Mr. Robert P. Wilson III (Age 52)
    Exec. VP & Chief Information Officer
    Comp: $261.04k
  • Mr. Scott Wayne DeAngeloMr. Scott Wayne DeAngelo (Age 49)
    Exec. VP & Chief Marketing Officer
    Comp: $226.66k
  • Ms. Rebecca AretosMs. Rebecca Aretos (Age 46)
    VP & Principal Accounting Officer
  • Mr. Robert Neal
    Sr. VP of Corp. Fin. & Treasurer
  • Mr. Robert B. Goldberg Esq.
    Sr. VP, Sr. Counsel & Sec.
  • Ms. Rebecca Henry
    Sr. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ALGT Stock - Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALGT shares.
View ALGT analyst ratings or view top-rated stocks.

What is Allegiant Travel's stock price forecast for 2023?

10 brokers have issued 12 month price objectives for Allegiant Travel's stock. Their ALGT share price forecasts range from $100.00 to $150.00. On average, they predict the company's share price to reach $116.09 in the next twelve months. This suggests a possible upside of 63.0% 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 2022?

Allegiant Travel's stock was trading at $187.04 at the beginning of 2022. Since then, ALGT stock has decreased by 61.9% and is now trading at $71.22.
View the best growth stocks for 2022 here.

When is Allegiant Travel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ALGT earnings forecast.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) posted its earnings results on Wednesday, November, 2nd. The transportation company reported ($0.54) earnings per share for the quarter, missing analysts' consensus estimates of ($0.47) by $0.07. The transportation company had revenue of $560.33 million for the quarter, compared to the consensus estimate of $556.65 million. Allegiant Travel had a negative net margin of 1.80% and a positive trailing twelve-month return on equity of 1.68%.

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

Allegiant Travel issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (13.00%), Vanguard Group Inc. (9.11%), Diamond Hill Capital Management Inc. (4.11%), U S Global Investors Inc. (3.65%), State Street Corp (3.43%) and Macquarie Group Ltd. (2.66%). 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 $71.22.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.31 billion and generates $1.71 billion in revenue each year. The transportation company earns $151.85 million in net income (profit) each year or ($2.19) 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 12/9/2022 by MarketBeat.com Staff