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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:ALGT

Allegiant Travel Stock Forecast, Price & News

$115.41
+2.32 (+2.05%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$112.08
$115.88
50-Day Range
$112.66
$164.33
52-Week Range
$109.82
$215.48
Volume
154,730 shs
Average Volume
239,686 shs
Market Capitalization
$2.09 billion
P/E Ratio
14.76
Dividend Yield
N/A
Price Target
$226.20

Allegiant Travel Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
96.0% Upside
$226.20 Price Target
Short Interest
Healthy
4.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.11
Upright™ Environmental Score
News Sentiment
-0.11mentions of Allegiant Travel in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$191.57 K Sold Last Quarter
Proj. Earnings Growth
211.11%
From $4.14 to $12.88 Per Share

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.

2.04 out of 5 stars

Transportation Sector

60th out of 173 stocks

Air Transportation, Scheduled Industry

7th out of 23 stocks

30 days | 90 days | 365 days | Advanced Chart

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Allegiant Travel logo

About Allegiant Travel (NASDAQ:ALGT)

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 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.

ALGT Stock News Headlines

Jim Cramer Is Warning About These 8 Value Stocks
Allegiant Travel May Capacity Rises 17.1%
ALLEGIANT REPORTS MAY 2022 TRAFFIC
Allegiant Travel Clocks ~17% Growth In May Capacity
Allegiant Travel (NASDAQ:ALGT) Hits New 1-Year Low at $127.25
Allegiant Travel traffic up 50.1% Y/Y in April
ALLEGIANT REPORTS APRIL 2022 TRAFFIC
See More Headlines

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
Current Symbol
NASDAQ:ALGT
CUSIP
01748X10
Employees
4,733
Year Founded
1997

Company Calendar

Last Earnings
5/04/2022
Today
7/02/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.63636363636364
Research Coverage
11 Analysts

Profitability

Net Income
$151.85 million
Pretax Margin
9.20%

Debt

Sales & Book Value

Annual Sales
$1.71 billion
Cash Flow
$11.16 per share
Book Value
$67.64 per share

Miscellaneous

Free Float
15,091,000
Market Cap
$2.09 billion
Optionable
Optionable
Beta
1.47

Social Links















Allegiant Travel Frequently Asked Questions

Should I buy or sell Allegiant Travel stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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 brokers have issued 12-month price objectives for Allegiant Travel's stock. Their ALGT stock forecasts range from $150.00 to $250.00. On average, they anticipate Allegiant Travel's stock price to reach $226.20 in the next year. 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 performed in 2022?

Allegiant Travel's stock was trading at $187.04 at the start of the year. Since then, ALGT stock has 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) issued its earnings results on Wednesday, May, 4th. The transportation company reported ($0.12) EPS 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 analysts' expectations of $495.33 million. Allegiant Travel had a net margin of 7.11% and a trailing twelve-month return on equity of 7.66%. The firm's revenue was up 79.2% compared to the same quarter last year. During the same quarter last year, the company earned ($3.58) EPS.
View Allegiant Travel's earnings history
.

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

Allegiant Travel issued an update on its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) 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:

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?

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 7/2/2022 by MarketBeat.com Staff

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