NASDAQ:ALGT Allegiant Travel - ALGT 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. $100.67 -1.58 (-1.55%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$97.79▼$101.6950-Day Range$63.58▼$102.2552-Week Range$62.94▼$185.06Volume349,538 shsAverage Volume224,863 shsMarket Capitalization$1.85 billionP/E Ratio1,118.68Dividend YieldN/APrice Target$102.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Allegiant Travel MarketRank™ ForecastAnalyst RatingHold2.31 Rating ScoreUpside/Downside1.3% Upside$102.00 Price TargetShort InterestHealthy3.65% of Float Sold ShortDividend StrengthN/ASustainability-6.11Upright™ Environmental ScoreNews Sentiment0.26Based on 20 Articles This WeekInsider TradingSelling Shares$86,712 Sold Last QuarterProj. Earnings Growth126.19%From $6.30 to $14.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsTransportation Sector63rd out of 121 stocksAir Transportation, Scheduled Industry8th out of 20 stocks 2.2 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $102.00, Allegiant Travel has a forecasted upside of 1.3% from its current price of $100.67.Amount of Analyst CoverageAllegiant Travel has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.65% 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 2.5, 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 29.01%, indicating that investor sentiment is improving significantly. 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 0.5 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 1.8 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.26. 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 0.41 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Allegiant Travel this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for ALGT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. 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 $86,712.00 in company stock.Percentage Held by Insiders15.10% 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 Institutions85.77% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 126.19% in the coming year, from $6.30 to $14.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 1,118.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 137.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 1,118.68, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 29.84.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 1.49. 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 About Allegiant Travel (NASDAQ:ALGT) StockAllegiant 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.Read More 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 ALGT Stock News HeadlinesFebruary 2, 2023 | finance.yahoo.comAllegiant Travel Company (NASDAQ:ALGT) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | seekingalpha.comAllegiant Travel soars to 5-month high after earnings smasherFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.February 2, 2023 | finance.yahoo.comAllegiant (ALGT) Q4 Earnings Top Estimates, Up Year Over YearFebruary 1, 2023 | markets.businessinsider.comAllegiant Travel Stock Takes Off On Strong Q4 Earnings, Boeing Planes To Be Delivered In 2023February 1, 2023 | finance.yahoo.comALLEGIANT TRAVEL COMPANY FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTSFebruary 1, 2023 | americanbankingnews.comAnalysts Set Allegiant Travel (NASDAQ:ALGT) Target Price at $102.33January 30, 2023 | finance.yahoo.comALLEGIANT ANNOUNCES STRATEGIC LEADERSHIP UPDATESFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 30, 2023 | finance.yahoo.comSpirit (SAVE) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJanuary 30, 2023 | americanbankingnews.comAllegiant Travel (ALGT) Set to Announce Quarterly Earnings on WednesdayJanuary 27, 2023 | marketwatch.comAllegiant Travel Operating Chief Scott Sheldon to DepartJanuary 27, 2023 | finance.yahoo.comAllegiant Travel Company (ALGT) Faced Challenging Industry Backdrop in Q4January 27, 2023 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Short Interest UpdateJanuary 26, 2023 | seekingalpha.comAllegiant Travel: Burden Of Proof On The Bulls, Shares Trying To BottomJanuary 21, 2023 | finance.yahoo.comWe're Hopeful That Allegiant Gold (CVE:AUAU) Will Use Its Cash WiselyJanuary 19, 2023 | finance.yahoo.comALLEGIANT REPORTS DECEMBER 2022 TRAFFICJanuary 18, 2023 | finance.yahoo.comALLEGIANT TRAVEL COMPANY SCHEDULES FULL YEAR AND FOURTH QUARTER 2022 EARNINGS CALLJanuary 11, 2023 | msn.comCorrupted file to blame for flight disruptions - BloombergJanuary 5, 2023 | forbes.comAllegiant Promo Codes January 2023January 5, 2023 | finance.yahoo.comDuring in-flight emergencies, sometimes airlines’ medical kits fall shortJanuary 3, 2023 | finance.yahoo.comThe Returns On Capital At Allegiant Travel (NASDAQ:ALGT) Don't Inspire ConfidenceDecember 30, 2022 | finance.yahoo.comALLEGIANT RELEASES INAUGURAL ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORTDecember 21, 2022 | finance.yahoo.comAllegiant (ALGT) Dips 2.98% in Yesterday'sTrading: Here's WhyDecember 20, 2022 | finance.yahoo.comALLEGIANT REPORTS NOVEMBER 2022 TRAFFICDecember 19, 2022 | finance.yahoo.comThese Airlines Are Most Likely to Bump You From Your FlightDecember 16, 2022 | msn.comGoldman resumes coverage of Allegiant, Alaska Air at BuySee More Headlines 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 ALGT Company Calendar Last Earnings10/26/2021Today2/03/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded1997Price Target and Rating Average Stock Price Forecast$102.00 High Stock Price Forecast$150.00 Low Stock Price Forecast$80.00 Forecasted Upside/Downside+1.7%Consensus RatingHold Rating Score (0-4)2.31 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.09 Trailing P/E Ratio1,118.68 Forward P/E Ratio15.98 P/E GrowthN/ANet Income$151.85 million Net Margins0.11% Pretax Margin-2.09% Return on Equity4.70% Return on Assets1.31% Debt Debt-to-Equity Ratio1.55 Current Ratio1.32 Quick Ratio1.27 Sales & Book Value Annual Sales$2.30 billion Price / Sales0.80 Cash Flow$14.26 per share Price / Cash Flow7.06 Book Value$67.64 per share Price / Book1.49Miscellaneous Outstanding Shares18,400,000Free Float15,621,000Market Cap$1.85 billion OptionableOptionable Beta1.63 Social Links Key ExecutivesJohn T. RedmondChief Executive Officer & DirectorD. Scott SheldonCo-President & Chief Operating OfficerGregory Clark AndersonCo-President, Chief Financial & Accounting OfficerRobert P. WilsonChief Information Officer & Executive VPRebecca HenryChief Human Resources Officer & Senior VPKey CompetitorsSkyWestNASDAQ:SKYWHawaiianNASDAQ:HAJetBlue AirwaysNASDAQ:JBLUCopaNYSE:CPAControladora Vuela Compañía de AviaciónNYSE:VLRSView All CompetitorsInsiders & InstitutionsU S Global Investors Inc.Bought 178,000 shares on 2/3/2023Ownership: 4.617%Janney Montgomery Scott LLCBought 11,921 shares on 2/1/2023Ownership: 0.065%Bank of Montreal CanBought 6,434 shares on 2/1/2023Ownership: 0.035%Fort Washington Investment Advisors Inc. OHSold 5,674 shares on 1/30/2023Ownership: 1.319%Signaturefd LLCBought 798 shares on 1/30/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions ALGT Stock - Frequently Asked Questions Should I buy or sell Allegiant Travel stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 12 month price targets for Allegiant Travel's stock. Their ALGT share price forecasts range from $80.00 to $150.00. On average, they expect the company's stock price to reach $102.00 in the next year. This suggests a possible upside of 1.3% 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 on January 1st, 2023. Since then, ALGT shares have increased by 48.1% and is now trading at $100.67. View the best growth stocks for 2023 here. Are investors shorting Allegiant Travel? Allegiant Travel saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 574,100 shares, a drop of 29.0% from the December 31st total of 808,700 shares. Based on an average daily trading volume, of 231,600 shares, the short-interest ratio is presently 2.5 days. Currently, 3.7% of the company's stock are short sold. View Allegiant Travel's Short Interest. 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 earnings results on Tuesday, October, 26th. The transportation company reported $0.66 earnings per share for the quarter, beating 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 4.70% and a net margin of 0.11%. Allegiant Travel's revenue was up 128.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($4.28) EPS. What guidance has Allegiant Travel issued on next quarter's earnings? Allegiant Travel updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided 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 a variety of retail and institutional investors. Top institutional shareholders include U S Global Investors Inc. (4.62%), Fort Washington Investment Advisors Inc. OH (1.32%), Capital Investment Services of America Inc. (0.35%), Oldfield Partners LLP (0.20%), New York State Teachers Retirement System (0.11%) and Janney Montgomery Scott LLC (0.06%). 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 $100.67. How much money does Allegiant Travel make? Allegiant Travel (NASDAQ:ALGT) has a market capitalization of $1.85 billion and generates $2.30 billion in revenue each year. The transportation company earns $151.85 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 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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