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Urgent Warning (Ad)
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Urgent Warning (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Urgent Warning (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Urgent Warning (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NASDAQ:ALGT

Allegiant Travel - ALGT Stock Forecast, Price & News

$82.25
+1.38 (+1.71%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$78.36
$82.30
50-Day Range
$79.26
$104.36
52-Week Range
$62.94
$176.56
Volume
198,066 shs
Average Volume
222,336 shs
Market Capitalization
$1.49 billion
P/E Ratio
913.99
Dividend Yield
N/A
Price Target
$102.75

Allegiant Travel MarketRank™ Forecast

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
24.9% Upside
$102.75 Price Target
Short Interest
Healthy
4.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
0.48mentions of Allegiant Travel in the last 14 days
Based on 14 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.

2.33 out of 5 stars

Transportation Sector

55th out of 124 stocks

Air Transportation, Scheduled Industry

8th 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.

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ALGT Stock News Headlines

My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
ALLEGIANT REPORTS FEBRUARY 2023 TRAFFIC
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
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
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ALGT Company Calendar

Last Earnings
10/26/2021
Today
3/25/2023
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
+24.9%
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
$13.94 per share
Book Value
$66.35 per share

Miscellaneous

Free Float
15,386,000
Market Cap
$1.49 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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 1 year price targets for Allegiant Travel's stock. Their ALGT share price forecasts range from $80.00 to $150.00. On average, they anticipate the company's share price to reach $102.75 in the next twelve months. This suggests a possible upside of 24.9% 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 start of the year. Since then, ALGT shares have increased by 21.0% and is now trading at $82.25.
View the best growth stocks for 2023 here
.

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) announced its quarterly earnings results on Tuesday, October, 26th. The transportation company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. The transportation company had revenue of $459.47 million for the quarter, compared to the consensus estimate of $451.35 million. Allegiant Travel had a trailing twelve-month return on equity of 4.69% and a net margin of 0.11%. Allegiant Travel's quarterly revenue was up 128.6% compared to the same quarter last year. During the same period last year, the business earned ($4.28) EPS.

Is Allegiant Travel a good dividend stock?

Allegiant Travel (NASDAQ:ALGT) pays an annual dividend of $2.80 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 3,111.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ALGT will have a dividend payout ratio of 28.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALGT.

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 $82.25.

How much money does Allegiant Travel make?

Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.49 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 3/25/2023 by MarketBeat.com Staff