NASDAQ:ALGT - Allegiant Travel Stock Price, Price Target & More

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$144.20 +0.40 (+0.28 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$144.20
Today's Range$142.70 - $144.50
52-Week Range$111.54 - $181.45
Volume190,057 shs
Average Volume136,302 shs
Market Capitalization$2.32 billion
P/E Ratio15.10
Dividend Yield1.95%
Beta0.14
Allegiant Travel logoAllegiant Travel Company, a leisure travel company, focuses on the provision of 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 May 23, 2018, it operated a fleet of 99 Airbus 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, ground transportation, and attractions; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company offers 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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.64
Current Ratio0.92
Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio15.10
Forward P/E Ratio13.66
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.50 billion
Price / Sales1.55
Cash Flow$17.4155 per share
Price / Cash8.28
Book Value$34.08 per share
Price / Book4.23

Profitability

EPS (Most Recent Fiscal Year)$9.55
Net Income$194.90 million
Net Margins13.42%
Return on Equity32.61%
Return on Assets8.20%

Miscellaneous

Employees3,951
Outstanding Shares16,150,000
Market Cap$2,322.21

Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions

What is Allegiant Travel's stock symbol?

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

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

Allegiant Travel declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 18th will be paid a dividend of $0.70 per share on Friday, June 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, May 17th. View Allegiant Travel's Dividend History.

How will Allegiant Travel's stock buyback program work?

Allegiant Travel announced that its board has approved a share repurchase plan on Thursday, July 27th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $3.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.41. The transportation company earned $425.44 million during the quarter, compared to analysts' expectations of $424.10 million. Allegiant Travel had a net margin of 13.42% and a return on equity of 32.61%. The firm's quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.50 earnings per share. View Allegiant Travel's Earnings History.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Allegiant Travel.

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

Allegiant Travel updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.92.

What price target have analysts set for ALGT?

12 Wall Street analysts have issued 1-year price objectives for Allegiant Travel's stock. Their predictions range from $117.00 to $193.00. On average, they expect Allegiant Travel's share price to reach $159.5920 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Ratings for Allegiant Travel.

What is the consensus analysts' recommendation for Allegiant Travel?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Allegiant Travel's key competitors?

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the folowing people:
  • Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 68)
  • Mr. John T. Redmond, Pres & Director (Age 59)
  • Mr. Scott D. Sheldon, Exec. VP, CFO & COO (Age 40)
  • Mr. Gregory Clark Anderson, Sr. VP, Treasury, Principal Accounting Officer & Sec. (Age 36)
  • Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer

Has Allegiant Travel been receiving favorable news coverage?

News coverage about ALGT stock has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Allegiant Travel earned a daily sentiment score of 0.02 on Accern's scale. They also gave headlines about the transportation company an impact score of 47.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Allegiant Travel's major shareholders?

Allegiant Travel's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Capital Investment Services of America Inc. (0.42%), Nisa Investment Advisors LLC (0.03%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Allegiant Travel stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Jude Bricker, Maurice J Gallagher Jr, Scott Matthew Allard and Scott Sheldon. 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 Nisa Investment Advisors LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Maurice J Gallagher Jr and Scott Sheldon. View Insider Buying and Selling for Allegiant Travel.

Which institutional investors are buying Allegiant Travel stock?

ALGT stock was purchased by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Allegiant Travel's stock price today?

One share of ALGT stock can currently be purchased for approximately $144.20.

How big of a company is Allegiant Travel?

Allegiant Travel has a market capitalization of $2.32 billion and generates $1.50 billion in revenue each year. The transportation company earns $194.90 million in net income (profit) each year or $9.55 on an earnings per share basis. Allegiant Travel employs 3,951 workers across the globe.

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.


MarketBeat Community Rating for Allegiant Travel (NASDAQ ALGT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  751
MarketBeat's community ratings are surveys of what our community members think about Allegiant Travel and other stocks. Vote "Outperform" if you believe ALGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/21/2018 by MarketBeat.com Staff

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