NASDAQ:ALGT Allegiant Travel (ALGT) Stock Price, News & Analysis → [URGENT] DO NOT Touch These AI Stocks! (From Weiss Ratings) (Ad) Free ALGT Stock Alerts $53.89 -2.37 (-4.21%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$51.13▼$56.4650-Day Range$53.68▼$76.2552-Week Range$51.13▼$130.93Volume831,806 shsAverage Volume277,626 shsMarket Capitalization$982.41 millionP/E Ratio8.53Dividend Yield4.45%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 RatingHold2.13 Rating ScoreUpside/Downside66.5% Upside$89.75 Price TargetShort InterestBearish5.36% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.11Upright™ Environmental ScoreNews Sentiment0.28Based on 11 Articles This WeekInsider TradingSelling Shares$158,200 Sold Last QuarterProj. Earnings Growth85.25%From $4.61 to $8.54 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.4.76 out of 5 starsTransportation Sector9th out of 113 stocksAir Transportation, Scheduled Industry4th out of 17 stocks 3.1 Analyst's Opinion Consensus RatingAllegiant Travel has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageAllegiant Travel has only been the subject of 3 research reports in the past 90 days.Read more about Allegiant Travel's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.36% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegiant Travel has recently increased by 8.63%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipAllegiant Travel is a leading dividend payer. It pays a dividend yield of 4.31%, 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 28.10% next year. This indicates that Allegiant Travel will be able to sustain or increase its dividend.Read more about Allegiant Travel's 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 1.8 News and Social Media Coverage News SentimentAllegiant Travel has a news sentiment score of 0.28. 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 0.45 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Allegiant Travel this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for ALGT on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Allegiant Travel to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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.Read more about Allegiant Travel's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Allegiant Travel are expected to grow by 85.25% in the coming year, from $4.61 to $8.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegiant Travel is 8.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegiant Travel is 8.53, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.79.Price to Earnings Growth RatioAllegiant Travel has a PEG Ratio of 1.16. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAllegiant Travel has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Allegiant Travel's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldThe 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.Get your free information kit NOW, before it's too late. 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 HeadlinesMay 7, 2024 | finance.yahoo.comAllegiant Travel Co (ALGT) Q1 2024 Earnings: Mixed Results Amid Operational ChallengesMay 7, 2024 | investorplace.comALGT Stock Earnings: Allegiant Travel Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | Priority Gold (Ad)The 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.May 7, 2024 | prnewswire.comALLEGIANT TRAVEL COMPANY FIRST QUARTER 2024 FINANCIAL RESULTSMay 5, 2024 | americanbankingnews.comAllegiant Travel (ALGT) Scheduled to Post Quarterly Earnings on TuesdayMay 1, 2024 | msn.comScore a Flight to Florida for Under $100 With Allegiant's Latest Batch of DealsMay 1, 2024 | msn.com5 Unique Benefits of the Allegiant Air Allways Rewards Visa CardMay 1, 2024 | msn.comPassengers can soon get automatic refunds for canceled or delayed flights. Here’s what to know.May 7, 2024 | Priority Gold (Ad)The 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.April 30, 2024 | prnewswire.comALLEGIANT TRAVEL COMPANY SCHEDULES FIRST QUARTER 2024 EARNINGS CALLApril 30, 2024 | americanbankingnews.comAllegiant Travel (NASDAQ:ALGT) Sees Large Increase in Short InterestApril 29, 2024 | finanznachrichten.deAllegiant Travel Company: Allegiant Reports March 2024 TrafficApril 29, 2024 | prnewswire.comALLEGIANT REPORTS MARCH 2024 TRAFFICApril 28, 2024 | msn.comPIA celebrates Allegiant’s 20 years of service to airportApril 26, 2024 | bizjournals.comOakland airport doesn’t escape Southwest Airlines’ retrenchmentApril 20, 2024 | finance.yahoo.comAllegiant Travel Company (ALGT)April 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 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 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 TRAFFICSee 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 Payable3/01/2024Today5/07/2024Next Earnings (Confirmed)5/07/2024Fiscal 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+66.5%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.32 Trailing P/E Ratio8.53 Forward P/E Ratio11.69 P/E Growth1.16Net 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 / Sales0.39 Cash Flow$18.91 per share Price / Cash Flow2.85 Book Value$72.20 per share Price / Book0.75Miscellaneous Outstanding Shares18,230,000Free Float15,041,000Market Cap$982.41 million OptionableOptionable Beta1.63 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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:HAJetBlue AirwaysNASDAQ:JBLUMesa Air GroupNASDAQ:MESASkyWestNASDAQ:SKYWCopaNYSE:CPAView All CompetitorsInsiders & InstitutionsEmpowered Funds LLCBought 5,175 shares on 5/7/2024Ownership: 0.391%Susquehanna Fundamental Investments LLCBought 17,365 shares on 5/7/2024Ownership: 0.095%Susquehanna Portfolio Strategies LLCSold 1,922 shares on 5/7/2024Ownership: 0.055%Sei Investments Co.Sold 1,603 shares on 5/7/2024Ownership: 0.054%SG Americas Securities LLCBought 1,872 shares on 5/7/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions ALGT Stock Analysis - Frequently Asked Questions Should I buy or sell Allegiant Travel stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 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 target for 2024? 8 equities research analysts have issued 12-month target prices for Allegiant Travel's shares. 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 66.5% 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 start of the year. Since then, ALGT stock has decreased by 34.8% and is now trading at $53.89. View the best growth stocks for 2024 here. Are investors shorting Allegiant Travel? Allegiant Travel saw a increase in short interest in April. As of April 15th, there was short interest totaling 810,800 shares, an increase of 8.6% from the March 31st total of 746,400 shares. Based on an average daily trading volume, of 263,900 shares, the days-to-cover ratio is currently 3.1 days. Currently, 5.4% of the shares of the 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 Tuesday, May 7th 2024. View our ALGT earnings forecast. How were Allegiant Travel's earnings last quarter? Allegiant Travel (NASDAQ:ALGT) issued its quarterly earnings results 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 analyst estimates of $596.42 million. Allegiant Travel had a trailing twelve-month return on equity of 3.80% and a net margin of 4.54%. Allegiant Travel's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Investors of record on Thursday, February 15th will be paid a dividend of $0.60 per share on Friday, March 1st. This represents a $2.40 annualized dividend and a dividend yield of 4.45%. The ex-dividend date 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 4.31%. 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 28.10% 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), First Trust Small Cap Value AlphaDEX Fund (FYT) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR). 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 number of institutional and retail investors. Top institutional shareholders include U S Global Investors Inc. (2.94%), Geneva Capital Management LLC (1.35%), Principal Financial Group Inc. (0.41%), Empowered Funds LLC (0.39%), Oldfield Partners LLP (0.18%) and BNP Paribas Financial Markets (0.13%). 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 5/7/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsBiden replacement revealed?Paradigm PressThe asset beating inflation by 4xColonial MetalsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaCould Your Accounts Be Frozen?Allegiance GoldThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
