Allegiant Travel Company (ALGT)

NASDAQ: ALGT · IEX Real-Time Price · USD
49.86
+0.40 (0.81%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.81%
Market Cap 909.06M
Revenue (ttm) 2.52B
Net Income (ttm) 60.53M
Shares Out 18.23M
EPS (ttm) 3.15
PE Ratio 15.83
Forward PE 10.17
Dividend $2.40 (4.81%)
Ex-Dividend Date May 14, 2024
Volume 405,686
Open 49.57
Previous Close 49.46
Day's Range 48.82 - 49.89
52-Week Range 46.90 - 130.93
Beta 1.64
Analysts Hold
Price Target 81.63 (+63.72%)
Earnings Date Jul 31, 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 6,686
Stock Exchange NASDAQ
Ticker Symbol ALGT
Full Company Profile

Financial Performance

In 2023, ALGT's revenue was $2.51 billion, an increase of 9.04% compared to the previous year's $2.30 billion. Earnings were $117.60 million, an increase of 4617.05%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ALGT stock is "Hold." The 12-month stock price forecast is $81.63, which is an increase of 63.72% from the latest price.

Price Target
$81.63
(63.72% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days 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...

6 days 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.

22 days 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...

4 weeks ago - PRNewsWire

Allegiant Salutes our Military Members and Veterans with Benefits for Passengers and Team Members

The airline offers exclusive benefits and support programs through various initiatives LAS VEGAS , May 23, 2024 /PRNewswire/ -- As Memorial Day approaches, Allegiant (NASDAQ: ALGT) proudly supports an...

5 weeks ago - PRNewsWire

Top 5 Industrials Stocks That May Explode This Quarter - Nordson (NASDAQ:NDSN)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: NDSNJBHTLZPYCR
5 weeks ago - Benzinga

U.S. travelers are hungry for international travel. These stocks will likely benefit.

U.S. airlines are looking at fairly blue skies this summer, with legacy air carriers likely to fare better than low-cost airlines as they may catch tailwinds from the Paris Summer Olympics and the str...

Other symbols: AALDALLUVSAVEUAL
6 weeks ago - Market Watch

Allegiant Earns No. 3 Spot in J.D.

The airline was also named the No. 1 ULCC LAS VEGAS , May 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named one of the top three airlines, and number one ULCC, by customer...

7 weeks ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2024 FINANCIAL RESULTS

First quarter  2024 GAAP diluted loss per share of $(0.07) First quarter  2024 diluted earnings per share, excluding special charges of $0.57 (1)(4)(5) First quarter  2024 airline only diluted earning...

2 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES FIRST QUARTER 2024 EARNINGS CALL

LAS VEGAS , April 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its first quarter 2024 financial results conference call for Tuesday, May 7 at 12:30 p.m. EDT. A live b...

2 months ago - PRNewsWire

ALLEGIANT REPORTS MARCH 2024 TRAFFIC

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

2 months ago - PRNewsWire

Allegiant Flight Attendants Vote to Approve New Labor Contract

Agreement between Allegiant and TWU Local 577 members overwhelmingly ratified by flight attendants LAS VEGAS , April 16, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company ...

2 months ago - PRNewsWire

ALLEGIANT REPORTS FEBRUARY 2024 TRAFFIC

LAS VEGAS, March 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for February 2024. "First quarter demand continued the trend of o...

3 months ago - PRNewsWire

ALLEGIANT ANNOUNCES TENTATIVE AGREEMENT FOR FLIGHT ATTENDANTS WITH THE TRANSPORT WORKERS UNION OF AMERICA, AFL-CIO

LAS VEGAS , March 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) and The Transport Workers Union of America, AFL-CIO Local 577 announce they have reached a tentative agreement on all remaining open...

3 months ago - PRNewsWire

Allegiant Air Elevates Inflight Experience with Spring Menu Updates

Passengers can now enjoy more familiar favorites and brand new offerings LAS VEGAS, March 14, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) invites passengers to indulge in its new Spri...

3 months ago - PRNewsWire

Exclusive: Allegiant expects fewer aircraft from Boeing as US planemaker faces quality issues

Low-cost U.S. carrier Allegiant expects fewer aircraft deliveries from Boeing this year, its president told Reuters, as the planemaker grapples with the fallout of a frightening incident last month wh...

Other symbols: BA
4 months ago - Reuters

ALLEGIANT REPORTS JANUARY 2024 TRAFFIC

LAS VEGAS , Feb. 27, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for January 2024. Scheduled Service – Year Over Year Comparison J...

4 months ago - PRNewsWire

ALLEGIANT SECURES SPOT ON THE WALL STREET JOURNAL'S 2023 LIST OF TOP AIRLINES

Ultra-low-cost carrier recognized for excellence in passenger satisfaction LAS VEGAS , Feb. 22, 2024 /PRNewswire/ --  Allegiant  (NASDAQ: ALGT) is thrilled to announce its recognition in The Wall Stre...

4 months ago - PRNewsWire

Allegiant Partners with Berry Aviation to Enhance the Airline's Pilot Recruitment Pipeline

LAS VEGAS , Feb. 20, 2024 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced the launch of its Allegiant Incentive program in collaboration with Berry Aviation, a private aviatio...

4 months ago - PRNewsWire

Allegiant Announces Ten New Routes with One-Way Fares as Low as $45*

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 14 Cities LAS VEGAS , Feb. 12, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced 10 new nonstop rou...

5 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS

Fourth quarter 2023 GAAP diluted loss per share of $(0.13) Fourth quarter  2023 diluted earnings per share, excluding special charges of $0.11 (1)(6)(7) Fourth quarter  2023 airline only diluted earni...

5 months ago - PRNewsWire

ALLEGIANT TRAVEL ANNOUNCES TIME CHANGE FOR FOURTH QUARTER AND FULL-YEAR 2023 EARNINGS CALL

LAS VEGAS , Feb. 2, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has changed the time of its previously announced earnings conference call due to a scheduling conflict. The call will n...

5 months ago - PRNewsWire

Allegiant Reports December 2023 Traffic

LAS VEGAS , Jan. 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2023, fourth quarter 2023, and full year 2023. Sched...

5 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES FOURTH QUARTER AND FULL-YEAR 2023 EARNINGS CALL

LAS VEGAS , Jan. 24, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its fourth quarter and full-year 2023 financial results conference call for Monday, February 5 at 12:30 ...

5 months ago - PRNewsWire

ALLEGIANT REPORTS NOVEMBER 2023 TRAFFIC

LAS VEGAS , Dec. 28, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for November 2023. Scheduled Service – Year Over Year Comparison ...

6 months ago - PRNewsWire