Allegiant Travel Company (ALGT)

NASDAQ: ALGT · Real-Time Price · USD
72.70
+1.91 (2.70%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.70%
Market Cap 1.29B
Revenue (ttm) 2.50B
Net Income (ttm) -26.37M
Shares Out 17.74M
EPS (ttm) -1.47
PE Ratio n/a
Forward PE 13.31
Dividend $2.40 (3.30%)
Ex-Dividend Date May 14, 2024
Volume 341,557
Open 70.02
Previous Close 70.79
Day's Range 69.71 - 72.97
52-Week Range 36.09 - 85.91
Beta 1.61
Analysts Hold
Price Target 69.22 (-4.79%)
Earnings Date Oct 30, 2024

About 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, prio... [Read more]

Industry Airlines
Sector Industrials
IPO Date Dec 8, 2006
Employees 5,643
Stock Exchange NASDAQ
Ticker Symbol ALGT
Full Company Profile

Financial Performance

In 2023, Allegiant Travel Company's revenue was $2.51 billion, an increase of 9.04% compared to the previous year's $2.30 billion. Earnings were $113.41 million, an increase of 4508.21%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALGT stock is "Hold." The 12-month stock price forecast is $69.22, which is a decrease of -4.79% from the latest price.

Price Target
$69.22
(-4.79% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Allegiant Ties Record for Largest Expansion in Company History with 44 New Nonstop Routes, plus 3 New Cities

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 51 Cities LAS VEGAS , Nov. 19, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced 44 new nonstop rou...

2 days ago - PRNewsWire

Allegiant Reports October 2024 Traffic

LAS VEGAS , Nov. 15, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2024. "As observed below and consistent with commenta...

5 days ago - PRNewsWire

Allegiant Travel Company (ALGT) Q3 2024 Earnings Call Transcript

Allegiant Travel Company (NASDAQ:ALGT) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Sherry Wilson - Managing Director-Investor Relations Greg Anderson - President...

21 days ago - Seeking Alpha

ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2024 FINANCIAL RESULTS

Third quarter  2024 GAAP diluted loss per share of $(2.05) Third quarter 2024 diluted loss per share, excluding special charges, of $(2.02) (1)(3) Third quarter  2024 airline only diluted loss per sha...

21 days ago - PRNewsWire

Allegiant Reports September 2024 Traffic

LAS VEGAS , Oct. 22, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2024 as well as the third quarter of 2024. Schedule...

4 weeks ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES THIRD QUARTER 2024 EARNINGS CALL

LAS VEGAS , Oct. 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30 at 4:30 p.m. EDT. A li...

6 weeks ago - PRNewsWire

Allegiant Releases 2023 Sustainability Report

LAS VEGAS , Oct. 8, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT), today announced the publication of its third-annual Sustainability Report. Last year, Allegiant announced goals to accelerate sustain...

6 weeks ago - PRNewsWire

Allegiant Reports August 2024 Traffic

LAS VEGAS , Sept. 20, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2024.

2 months ago - PRNewsWire

Allegiant Announces Resignation of Executive Vice President and Chief Marketing Officer Scott DeAngelo

LAS VEGAS , Sept. 5, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that Scott DeAngelo, executive vice president and chief marketing officer, has resigned.

2 months ago - PRNewsWire

Allegiant Reports July 2024 Traffic

LAS VEGAS , Aug. 20, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2024. Scheduled Service – Year Over Year Comparison July...

3 months ago - PRNewsWire

Allegiant Air: A Budget Carrier At Budget Prices

Allegiant Air stock is undervalued, down -55% YTD and trading at a 12-year low, with potential for significant growth and profitability. Q2 results show operating improvements, cost stabilization, and...

3 months ago - Seeking Alpha

20 stocks the bears can't easily short — and that's why you shouldn't buy them

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

3 months ago - Market Watch

Allegiant Claims Top Spot in USA TODAY's Readers' Choice Awards for Best Airline Credit Card and Best Frequent Flyer Program

Allegiant Rewards Visa® Is Top Ranked For Sixth Consecutive Year LAS VEGAS , Aug. 7, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) travelers have spoken, and their customer satisfaction and loyalty ha...

3 months ago - PRNewsWire

Allegiant Travel Company (ALGT) Q2 2024 Earnings Call Transcript

Allegiant Travel Company (NASDAQ:ALGT) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Sherry Wilson – Managing Director-Investor Relations Maury Gallagher – Executive ...

4 months ago - Seeking Alpha

ALLEGIANT TRAVEL COMPANY SECOND QUARTER 2024 FINANCIAL RESULTS

Second quarter 2024 GAAP diluted earnings per share of $0.75 Second quarter  2024 diluted earnings per share, excluding special charges, of $1.77 (1)(3) Second quarter  2024 airline only diluted earni...

4 months ago - PRNewsWire

Allegiant Announces Strategic Review of Sunseeker Resort

Company engages Prospect Hotel Advisors for their specialized expertise LAS VEGAS , July 31, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today it has retained global hospita...

4 months ago - PRNewsWire

Allegiant Surprises Aspiring Pilot with a $34,000 Aviation Scholarship to Attend Dream University

LAS VEGAS , July 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT), in partnership with the Boys & Girls Club of America, today announced Jill Prime, 17, as the recipient of the airline...

4 months ago - PRNewsWire

Allegiant Reports June 2024 Traffic

LAS VEGAS , July 25, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2024. Scheduled Service – Year Over Year Comparison June...

4 months ago - PRNewsWire

Allegiant Announces President Greg Anderson as Next CEO

Maurice J. Gallagher to transition to Executive Chairman LAS VEGAS , July 18, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today that Gregory C. Anderson has been named CEO a...

4 months ago - PRNewsWire

Allegiant Announces Eight New Routes with One-Way Fares as Low as $39*

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 13 Cities LAS VEGAS , July 16, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced eight new nonstop ...

4 months ago - PRNewsWire

Allegiant Travel Company Schedules Second Quarter 2024 Earnings Call

LAS VEGAS , July 11, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2024 financial results conference call for Wednesday, July 31 at 4:30 p.m. EDT. A liv...

4 months ago - PRNewsWire

ALLEGIANT REPORTS MAY 2024 TRAFFIC

LAS VEGAS , June 28, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2024. Scheduled Service – Year Over Year Comparison May 2...

5 months ago - PRNewsWire

Allegiant Named by Customers as Best Low-Cost Airline in North America at the 2024 World Airline Awards

LAS VEGAS , June 26, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named 2024's Best Low-Cost Airline in North America by Skytrax, the international air transport rating organi...

5 months ago - PRNewsWire

Chief Information Officer Robert P. Wilson III Retires from Allegiant

LAS VEGAS , June 10, 2024 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced Robert P. Wilson III will retire as the company's chief information officer effective July 1.

5 months ago - PRNewsWire

ALLEGIANT REPORTS APRIL 2024 TRAFFIC

LAS VEGAS , May 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2024. Scheduled Service – Year Over Year Comparison Apri...

6 months ago - PRNewsWire