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NASDAQ:ALGTAllegiant Travel Stock Price, Forecast & News

$105.94
-3.62 (-3.30 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$105.03
Now: $105.94
$111.04
50-Day Range
$66.23
MA: $78.57
$109.56
52-Week Range
$60.06
Now: $105.94
$183.26
Volume410,700 shs
Average Volume298,075 shs
Market Capitalization$1.73 billion
P/E Ratio12.22
Dividend Yield2.64%
Beta1.31
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 15, 2019, it operated a fleet of 79 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, 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 leases spare engines to a third party; and offers management solutions to golf courses. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.55 out of 5 stars


Industry, Sector and Symbol

Industry Air transportation, scheduled
Sub-IndustryAirlines
SectorTransportation
Current SymbolNASDAQ:ALGT
CUSIP01748X10
Phone702-851-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$23.03 per share
Book Value$54.24 per share

Profitability

Net Income$232.12 million

Miscellaneous

Employees4,697
Market Cap$1.73 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions

How has Allegiant Travel's stock been impacted by COVID-19 (Coronavirus)?

Allegiant Travel's stock was trading at $119.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ALGT shares have decreased by 11.7% and is now trading at $105.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Allegiant Travel?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Allegiant Travel.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Allegiant Travel.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) announced its earnings results on Tuesday, May, 12th. The transportation company reported $2.05 EPS for the quarter, topping the consensus estimate of $0.53 by $1.52. The transportation company earned $409.20 million during the quarter, compared to analysts' expectations of $409.47 million. Allegiant Travel had a net margin of 7.86% and a return on equity of 24.78%. The business's revenue for the quarter was down 9.5% on a year-over-year basis. During the same period last year, the business posted $3.52 EPS. View Allegiant Travel's earnings history.

How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel?

Allegiant Travel declared a quarterly dividend on Wednesday, January 29th. Investors of record on Monday, March 2nd will be given a dividend of $0.70 per share on Thursday, March 12th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, February 28th. View Allegiant Travel's dividend history.

What price target have analysts set for ALGT?

10 brokerages have issued 1-year target prices for Allegiant Travel's stock. Their forecasts range from $73.00 to $205.00. On average, they expect Allegiant Travel's stock price to reach $145.18 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View analysts' price targets for Allegiant Travel.

Has Allegiant Travel been receiving favorable news coverage?

Media headlines about ALGT stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allegiant Travel earned a news impact score of -2.5 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAllegiant Travel.

Are investors shorting Allegiant Travel?

Allegiant Travel saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,890,000 shares, an increase of 9.2% from the April 30th total of 1,730,000 shares. Based on an average daily volume of 309,200 shares, the days-to-cover ratio is presently 6.1 days. Currently, 14.5% of the company's shares are sold short. View Allegiant Travel's Current Options Chain.

Who are some of Allegiant Travel's key 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 Alaska Air Group (ALK), InterDigital Wireless (IDCC), Visa (V), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Alibaba Group (BABA), Ford Motor (F), Exxon Mobil (XOM), Bank of Hawaii (BOH) and Caterpillar (CAT).

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the following people:
  • Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 69)
  • Mr. John T. Redmond, Pres & Director (Age 60)
  • Mr. Gregory Clark Anderson CPA, Exec. VP, Principal Accounting Officer, Sec. & CFO (Age 37)
  • Mr. Scott D. Sheldon, Exec. VP & COO (Age 41)
  • Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer (Age 49)

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.35%), Par Capital Management Inc. (9.71%), Wasatch Advisors Inc. (8.43%), Diamond Hill Capital Management Inc. (3.12%), State Street Corp (2.46%) and Morgan Stanley (1.76%). Company insiders that own Allegiant Travel stock include Charles W Pollard, Gary Ellmer, John Redmond, Maurice J Gallagher Jr and Robert Paul Wilson III. View institutional ownership trends for Allegiant Travel.

Which major investors are selling Allegiant Travel stock?

ALGT stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Deutsche Bank AG, First Pacific Advisors LP, UBS Group AG, BlackRock Inc., GW&K Investment Management LLC, Bank of New York Mellon Corp, and Citigroup Inc.. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Maurice J Gallagher Jr, and Robert Paul Wilson III. View insider buying and selling activity for Allegiant Travel.

Which major investors are buying Allegiant Travel stock?

ALGT stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Morgan Stanley, Morgan Stanley, U S Global Investors Inc., Invesco Ltd., JPMorgan Chase & Co., Primecap Management Co. CA, and Assenagon Asset Management S.A.. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Allegiant Travel's stock price today?

One share of ALGT stock can currently be purchased for approximately $105.94.

How big of a company is Allegiant Travel?

Allegiant Travel has a market capitalization of $1.73 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 4,697 workers across the globe.

What is Allegiant Travel's official website?

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

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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