NASDAQ:ALGT Allegiant Travel (ALGT) Stock Price, News & Analysis → The Next Nvidia? (From InvestorPlace) (Ad) Free ALGT Stock Alerts $61.77 +0.51 (+0.83%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$61.70▼$63.4050-Day Range$60.52▼$82.1652-Week Range$54.87▼$130.93Volume234,445 shsAverage Volume257,221 shsMarket Capitalization$1.13 billionP/E Ratio9.77Dividend Yield3.89%Price Target$89.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Allegiant Travel alerts: Email Address Allegiant Travel MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside45.3% Upside$89.75 Price TargetShort InterestHealthy4.94% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment0.36Based on 9 Articles This WeekInsider TradingSelling Shares$158,200 Sold Last QuarterProj. Earnings Growth79.92%From $4.83 to $8.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.99 out of 5 starsTransportation Sector1st out of 107 stocksAir Transportation, Scheduled Industry1st out of 17 stocks 4.0 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 5 hold ratings, and 2 sell ratings.Amount of Analyst CoverageAllegiant Travel has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.94% 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 2.9, 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 2.50%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipAllegiant Travel is a leading dividend payer. It pays a dividend yield of 3.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAllegiant Travel does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Allegiant Travel is 37.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Allegiant Travel will have a dividend payout ratio of 27.62% next year. This indicates that Allegiant Travel will be able to sustain or increase its dividend. 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 3.0 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.36. 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 0.50 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Allegiant Travel this week, compared to 6 articles on an average week.Search Interest6 people have searched for ALGT on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows7 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is an increase of 75% 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 $158,200.00 in company stock.Percentage Held by Insiders17.50% 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 Institutions85.81% 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 79.92% in the coming year, from $4.83 to $8.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 9.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 9.77, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.79.Price to Earnings Growth RatioAllegiant Travel has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story About Allegiant Travel Stock (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 1, 2024, it operated a fleet of 126 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALGT Stock News HeadlinesApril 16, 2024 | markets.businessinsider.comAllegiant Flight Attendants Approve New Five-year Labor ContractApril 16, 2024 | finance.yahoo.comAllegiant Flight Attendants Vote to Approve New Labor ContractApril 18, 2024 | InvestorPlace (Ad)The Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.April 15, 2024 | finance.yahoo.comUS agencies to probe unfair practices in airline loyalty programs in hearingApril 12, 2024 | news.yahoo.comAllegiant Air resumes seasonal route from MidAmerica AirportApril 12, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Forecasted to Earn Q1 2024 Earnings of $0.65 Per ShareApril 11, 2024 | americanbankingnews.comEquities Analysts Issue Forecasts for Allegiant Travel's Q4 2024 Earnings (NASDAQ:ALGT)April 10, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Price Target Cut to $65.00 by Analysts at SusquehannaApril 18, 2024 | InvestorPlace (Ad)The Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.April 5, 2024 | markets.businessinsider.comIn-Depth Examination Of 4 Analyst Recommendations For Allegiant TravelApril 4, 2024 | msn.comAllegiant Air adds 4 nonstop flights from Myrtle Beach airportApril 4, 2024 | finance.yahoo.comAllegiant Travel (ALGT) Stock Moves -0.27%: What You Should KnowApril 4, 2024 | finance.yahoo.comAirline Stock Roundup: AZUL Posts Loss in Q4, ALGT's February Traffic ImprovesApril 1, 2024 | finanznachrichten.deAllegiant Travel Company: Allegiant Reports February 2024 TrafficMarch 29, 2024 | msn.comAllegiant Travel reports preliminary passenger traffic results for FebruaryMarch 29, 2024 | prnewswire.comALLEGIANT REPORTS FEBRUARY 2024 TRAFFICMarch 29, 2024 | msn.comPolygon (MATIC) and Immutable X (IMX) Whales See Algotech (ALGT) as Best Presale Opportunity in 2024 After $3M PresaleMarch 29, 2024 | bizjournals.comFrontier, Breeze add new flights from Phoenix Sky Harbor International AirportMarch 22, 2024 | finance.yahoo.comStrong week for Allegiant Travel (NASDAQ:ALGT) shareholders doesn't alleviate pain of three-year lossMarch 21, 2024 | finance.yahoo.comFederal officials want to know how airlines handle — and share — passengers' personal informationMarch 21, 2024 | money.usnews.comAllegiant TravelMarch 16, 2024 | finance.yahoo.comALGT Apr 2024 30.000 putMarch 16, 2024 | finance.yahoo.comALGT Oct 2024 130.000 callMarch 16, 2024 | finance.yahoo.comALGT Oct 2024 115.000 putMarch 15, 2024 | msn.comProfitability Of The Graph (GRT) Soars As Near Protocol (NEAR) Expands; Algotech (ALGT) Presale Sees Buying FrenzyMarch 14, 2024 | prnewswire.comAllegiant Air Elevates Inflight Experience with Spring Menu UpdatesMarch 9, 2024 | finance.yahoo.comLUV Mar 2024 34.500 putSee More Headlines 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 Company Calendar Last Earnings2/05/2024Ex-Dividend for 3/1 Dividend2/14/2024Dividend Payable3/01/2024Today4/18/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Air transportation, scheduled Sub-IndustryAirlines Current SymbolNASDAQ:ALGT CUSIP01748X10 CIK1362468 Webwww.allegiantair.com Phone(702) 851-7300Fax702-589-7213Employees5,643Year Founded1997Price Target and Rating Average Stock Price Target$89.75 High Stock Price Target$145.00 Low Stock Price Target$58.00 Potential Upside/Downside+46.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$6.32 Trailing P/E Ratio9.69 Forward P/E Ratio12.68 P/E Growth1.04Net Income$117.60 million Net Margins4.54% Pretax Margin6.34% Return on Equity3.80% Return on Assets1.05% Debt Debt-to-Equity Ratio1.37 Current Ratio0.83 Quick Ratio0.80 Sales & Book Value Annual Sales$2.51 billion Price / Sales0.45 Cash Flow$19.76 per share Price / Cash Flow3.10 Book Value$72.20 per share Price / Book0.85Miscellaneous Outstanding Shares18,290,000Free Float15,086,000Market Cap$1.12 billion OptionableOptionable Beta1.58 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Maurice J. Gallagher Jr. (Age 74)CEO & Executive Chairman Comp: $3MMr. Gregory Clark Anderson CPA (Age 42)President Comp: $270.4kMr. Robert P. Wilson III (Age 53)Executive VP & Chief Information Officer Comp: $270.4kMr. Scott Wayne DeAngelo (Age 50)Executive VP & Chief Marketing Officer Comp: $260kMr. Robert J. Neal (Age 39)Senior VP & CFO Mr. Keny F. Wilper (Age 45)Senior VP & COO Ms. Rebecca Aretos (Age 47)VP & Principal Accounting Officer Mr. Robert B. Goldberg Esq.Senior VP, Senior Counsel & SecretaryMs. Rebecca HenrySenior VP & Chief Human Resources OfficerMr. Drew Wells (Age 36)Senior VP & Chief Revenue Officer More ExecutivesKey CompetitorsHawaiianNASDAQ:HAMesa Air GroupNASDAQ:MESAJetBlue AirwaysNASDAQ:JBLUSkyWestNASDAQ:SKYWCopaNYSE:CPAView All CompetitorsInsiders & Institutions180 Wealth Advisors LLCBought 392 shares on 4/16/2024Ownership: 0.040%Vanguard Group Inc.Sold 10,989 shares on 3/11/2024Ownership: 9.355%Goldman Sachs Group Inc.Sold 31,775 shares on 3/1/2024Ownership: 0.224%Price T Rowe Associates Inc. MDSold 115,052 shares on 2/16/2024Ownership: 0.202%GSA Capital Partners LLPSold 9,264 shares on 2/16/2024Ownership: 0.049%View All Insider TransactionsView All Institutional Transactions ALGT Stock Analysis - Frequently Asked Questions Should I buy or sell Allegiant Travel stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024? 9 brokerages have issued 12 month price objectives for Allegiant Travel's stock. Their ALGT share price targets range from $58.00 to $145.00. On average, they anticipate the company's share price to reach $89.75 in the next year. This suggests a possible upside of 45.3% 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 2024? Allegiant Travel's stock was trading at $82.61 at the beginning of the year. Since then, ALGT shares have decreased by 25.2% and is now trading at $61.77. View the best growth stocks for 2024 here. When is Allegiant Travel's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our ALGT earnings forecast. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) announced its quarterly earnings data on Monday, February, 5th. The transportation company reported $0.11 earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.52. The transportation company earned $611 million during the quarter, compared to analysts' expectations of $596.42 million. Allegiant Travel had a trailing twelve-month return on equity of 3.80% and a net margin of 4.54%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.17 EPS. How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel? Allegiant Travel announced a quarterly dividend on Monday, February 5th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.60 per share on Friday, March 1st. This represents a $2.40 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Wednesday, February 14th. Read our dividend analysis for ALGT. Is Allegiant Travel a good dividend stock? Allegiant Travel (NASDAQ:ALGT) pays an annual dividend of $2.40 per share and currently has a dividend yield of 3.97%. ALGT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALGT will have a dividend payout ratio of 27.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ALGT. What ETFs hold Allegiant Travel's stock? ETFs with the largest weight of Allegiant Travel (NASDAQ:ALGT) stock in their portfolio include U.S. Global Jets ETF (JETS), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). What guidance has Allegiant Travel issued on next quarter's earnings? Allegiant Travel updated its first quarter 2024 earnings guidance on Monday, February, 5th. The company provided earnings per share guidance of 0.500-1.500 for the period, compared to the consensus earnings per share estimate of 1.980. The company issued revenue guidance of -. 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). Who are Allegiant Travel's major shareholders? Allegiant Travel's stock is owned by a variety of institutional and retail investors. Top institutional investors include 180 Wealth Advisors LLC (0.04%). Insiders that own company stock include Gary Ellmer, Gregory Clark Anderson, Keny Frank Wilper, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 This page (NASDAQ:ALGT) was last updated on 4/18/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority Gold[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTIForget Bitcoin. 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