NASDAQ:ALGT Allegiant Travel Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Allegiant Travel Please log in to your account or sign up in order to add this asset to your watchlist. $115.41 +2.32 (+2.05%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$112.08▼$115.8850-Day Range$112.66▼$164.3352-Week Range$109.82▼$215.48Volume154,730 shsAverage Volume241,167 shsMarket Capitalization$2.09 billionP/E Ratio14.76Dividend YieldN/APrice Target$226.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Allegiant Travel MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside96.0% Upside$226.20 Price TargetShort InterestHealthy4.21% of Float Sold ShortDividend StrengthN/ASustainability-6.11Upright™ Environmental ScoreNews Sentiment-0.18Based on 13 Articles This WeekInsider TradingSelling Shares$191.57 K Sold Last QuarterProj. Earnings Growth250.43%From $3.51 to $12.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.03 out of 5 starsTransportation Sector61st out of 169 stocksAir Transportation, Scheduled Industry7th out of 22 stocks 3.3 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $226.20, Allegiant Travel has a forecasted upside of 96.0% from its current price of $115.41.Amount of Analyst CoverageAllegiant Travel has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.21% of the float of Allegiant Travel has been sold short.Short Interest Ratio / Days to CoverAllegiant Travel has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegiant Travel has recently decreased by 4.60%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAllegiant Travel does not currently pay a dividend.Dividend GrowthAllegiant Travel does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAllegiant Travel has received a -73.95% net impact score from Upright. The largest negative impact of Allegiant Travel Company in category "GHG emissions" seems to be driven mostly by its "Low-cost air travel on domestic flights", "Low-cost air travel on international flights", and "Holiday resort services" products. See details.Environmental SustainabilityThe Environmental Impact score for Allegiant Travel is -6.11. Previous Next 1.0 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Allegiant Travel this week, compared to 3 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Allegiant Travel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $191,571.00 in company stock.Percentage Held by Insiders16.70% of the stock of Allegiant Travel is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions98.49% of the stock of Allegiant Travel is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 250.43% in the coming year, from $3.51 to $12.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 14.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 68.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 14.76, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 6.05.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ALGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allegiant Travel and its competitors with MarketBeat's FREE daily newsletter. Email Address About Allegiant Travel (NASDAQ:ALGT) StockAllegiant 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.Read More ALGT Stock News HeadlinesJuly 2, 2022 | americanbankingnews.comQ2 2022 EPS Estimates for Allegiant Travel (NASDAQ:ALGT) Cut by AnalystJune 29, 2022 | finance.yahoo.comJim Cramer Is Warning About These 8 Value StocksJune 29, 2022 | americanbankingnews.comEvercore ISI Trims Allegiant Travel (NASDAQ:ALGT) Target Price to $150.00June 27, 2022 | finance.yahoo.comPrior to stopping Albuquerque service, Allegiant Air decreased Sunport flights by about 16%June 22, 2022 | finance.yahoo.comAre Options Traders Betting on a Big Move in Allegiant (ALGT) Stock?June 22, 2022 | msn.comAirline Stock Roundup: JBLU Ups Bid for SAVE, RYAAY's Labor Woes & MoreJune 22, 2022 | finance.yahoo.comALLEGIANT BECOMES OFFICIAL AIRLINE OF THE DETROIT PISTONSJune 21, 2022 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Receives $234.63 Average Price Target from AnalystsJune 17, 2022 | nasdaq.comAllegiant Travel May Capacity Rises 17.1%June 17, 2022 | finance.yahoo.comALLEGIANT REPORTS MAY 2022 TRAFFICJune 17, 2022 | ca.finance.yahoo.comU.S. airline Allegiant sees strong demand lasting beyond summerJune 17, 2022 | finance.yahoo.comAllegiant Travel Clocks ~17% Growth In May CapacityJune 17, 2022 | finance.yahoo.comCanceled flights rise across U.S. as summer travel heats upJune 15, 2022 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Hits New 1-Year Low at $127.25June 12, 2022 | finance.yahoo.comAllegiant Travel Company (NASDAQ:ALGT) Has A ROE Of 11%June 3, 2022 | msn.comJim Cramer Recommends Buying This StockMay 19, 2022 | seekingalpha.comAllegiant reports pick-up in passenger traffic, surging fuel costsMay 19, 2022 | seekingalpha.comAllegiant Travel traffic up 50.1% Y/Y in AprilMay 19, 2022 | finance.yahoo.comALLEGIANT REPORTS APRIL 2022 TRAFFICMay 18, 2022 | finance.yahoo.comBREAKING NEWS: ALLEGIANT SPECIALLY DESIGNS EXCLUSIVE TRAVEL PACKAGES FOR NFL FANSMay 13, 2022 | finance.yahoo.comFurther weakness as Allegiant Travel (NASDAQ:ALGT) drops 10% this week, taking one-year losses to 38%May 9, 2022 | uk.finance.yahoo.comTwo important factors that could move shares in Allegiant Travel CoMay 6, 2022 | finance.yahoo.comPhoenix-Mesa Gateway Airport looks to add new terminalMay 6, 2022 | nasdaq.comAllegiant (ALGT) Incurs Loss in Q1, Revenues Surge 79% Y/YMay 5, 2022 | seekingalpha.comAllegiant Travel Company (ALGT) CEO Maury Gallagher on Q1 2022 Results - Earnings Call TranscriptSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNASDAQ:ALGT CUSIP01748X10 CIK1362468 Webwww.allegiantair.com Phone(702) 851-7300Fax702-589-7213Employees4,733Year Founded1997Company Calendar Last Earnings5/04/2022Today7/03/2022Next Earnings (Estimated)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$226.20 High Stock Price Forecast$250.00 Low Stock Price Forecast$150.00 Forecasted Upside/Downside+96.0%Consensus RatingModerate Buy Rating Score (0-4)2.63636363636364 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$7.819990 Trailing P/E Ratio14.76 Forward P/E Ratio32.88 P/E GrowthN/ANet Income$151.85 million Net Margins7.11% Pretax Margin9.20% Return on Equity7.66% Return on Assets2.31% Debt Debt-to-Equity Ratio1.34 Current Ratio1.59 Quick Ratio1.55 Sales & Book Value Annual Sales$1.71 billion Price / Sales1.22 Cash Flow$11.95 per share Price / Cash Flow9.66 Book Value$67.64 per share Price / Book1.71Miscellaneous Outstanding Shares18,120,000Free Float15,091,000Market Cap$2.09 billion OptionableOptionable Beta1.55 Social Links Allegiant Travel Frequently Asked Questions Should I buy or sell Allegiant Travel stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Allegiant Travel stock. View analyst ratings for Allegiant Travel or view top-rated stocks. What is Allegiant Travel's stock price forecast for 2022? 11 equities research analysts have issued 1-year price objectives for Allegiant Travel's shares. Their ALGT stock forecasts range from $150.00 to $250.00. On average, they predict Allegiant Travel's share price to reach $226.20 in the next twelve months. This suggests a possible upside of 96.0% from the stock's current price. View analysts' price targets for Allegiant Travel or view top-rated stocks among Wall Street analysts. How has Allegiant Travel's stock price performed in 2022? Allegiant Travel's stock was trading at $187.04 at the beginning of 2022. Since then, ALGT shares have decreased by 38.3% and is now trading at $115.41. View the best growth stocks for 2022 here. When is Allegiant Travel's next earnings date? Allegiant Travel is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Allegiant Travel. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) posted its quarterly earnings data on Wednesday, May, 4th. The transportation company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.22. The transportation company had revenue of $500.10 million for the quarter, compared to the consensus estimate of $495.33 million. Allegiant Travel had a trailing twelve-month return on equity of 7.66% and a net margin of 7.11%. The business's quarterly revenue was up 79.2% compared to the same quarter last year. During the same period last year, the company earned ($3.58) earnings per share. View Allegiant Travel's earnings history. What guidance has Allegiant Travel issued on next quarter's earnings? Allegiant Travel updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $629.45 million-$649.12 million, compared to the consensus revenue estimate of $600.72 million. Who are Allegiant Travel's key executives? Allegiant Travel's management team includes the following people: Mr. Maurice J. Gallagher Jr., Exec. Chairman (Age 72)Mr. John T. Redmond, Pres, Interim CEO & Director (Age 63)Mr. Gregory Clark Anderson CPA, Exec. VP & CFO (Age 40, Pay $270.4k) (LinkedIn Profile)Mr. Scott D. Sheldon, Exec. VP & COO (Age 44, Pay $270.4k) (LinkedIn Profile)Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer (Age 52, Pay $261.04k) (LinkedIn Profile)Mr. Scott Wayne DeAngelo, Exec. VP & Chief Marketing Officer (Age 49, Pay $226.66k) (LinkedIn Profile)Ms. Rebecca Aretos, VP & Chief Accounting Officer (Age 46) (LinkedIn Profile)Mr. Robert Neal, Sr. VP of Corp. Fin. & TreasurerMr. Robert B. Goldberg Esq., Sr. VP, Sr. Counsel & Sec.Ms. Rebecca Henry, Sr. VP & Chief HR Officer 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 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." 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 $115.41. How much money does Allegiant Travel make? Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $2.09 billion and generates $1.71 billion in revenue each year. The transportation company earns $151.85 million in net income (profit) each year or $7.819990 on an earnings per share basis. How many employees does Allegiant Travel have? Allegiant Travel 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 When was Allegiant Travel founded? Allegiant Travel was founded in 1997. 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 Allegiant Travel 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 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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