Allegiant Travel Company (ALGT)

NASDAQ: ALGT · IEX Real-Time Price · USD
75.32
-1.83 (-2.37%)
At close: Sep 22, 2023, 4:00 PM
74.78
-0.54 (-0.72%)
After-hours: Sep 22, 2023, 7:55 PM EDT
-2.37%
Market Cap 1.39B
Revenue (ttm) 2.51B
Net Income (ttm) 150.63M
Shares Out 18.45M
EPS (ttm) 8.23
PE Ratio 9.15
Forward PE 8.41
Dividend $2.40 (3.19%)
Ex-Dividend Date Aug 14, 2023
Volume 217,019
Open 77.13
Previous Close 77.15
Day's Range 74.44 - 77.23
52-Week Range 62.94 - 130.93
Beta 1.72
Analysts Buy
Price Target 116.22 (+54.3%)
Earnings Date Nov 1, 2023

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, 2023, it operated a fleet of 122 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 5,436
Stock Exchange NASDAQ
Ticker Symbol ALGT
Full Company Profile

Financial Performance

In 2022, ALGT's revenue was $2.30 billion, an increase of 34.77% compared to the previous year's $1.71 billion. Earnings were $2.49 million, a decrease of -98.36%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALGT stock is "Buy." The 12-month stock price forecast is $116.22, which is an increase of 54.30% from the latest price.

Price Target
$116.22
(54.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ALLEGIANT REPORTS AUGUST 2023 TRAFFIC

LAS VEGAS , Sept. 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2023.

3 days ago - PRNewsWire

JetBlue and Allegiant Announce Divestiture Agreement in Connection with JetBlue's Combination with Spirit

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) and Allegiant (Nasdaq: ALGT) today announced that the airlines have entered into a definitive agreement under which Je...

Other symbols: JBLUSAVE
12 days ago - Business Wire

ALLEGIANT LAUNCHES ALLWAYS REWARDS VISA® CARD

Rebranded Card will Enhance Member Benefits and Reward Options LAS VEGAS , Sept. 5, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that its award-winning co-branded credit card program ...

18 days ago - PRNewsWire

ALLEGIANT REPORTS JULY 2023 TRAFFIC

LAS VEGAS , Aug. 23, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2023. Scheduled Service – Year Over Year Comparison July...

4 weeks ago - PRNewsWire

ALLEGIANT ANNOUNCES RATIFIED CONTRACT FOR MAINTENANCE TECHNICIANS AND RELATED WORKFORCE WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERS

LAS VEGAS , Aug. 17, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company and the International Brotherhood of Teamsters (IBT), representing Allegiant's maintenance technicia...

5 weeks ago - PRNewsWire

Mexico's move of cargo flights snarls planned Allegiant-VivaAerobus tie-up

Mexico's move of cargo flights from the capital's main airport to a more distant location is likely behind the pause in a planned joint venture between U.S. carrier Allegiant and Mexican airline VivaA...

7 weeks ago - Reuters

ALLEGIANT TRAVEL COMPANY SECOND QUARTER 2023 FINANCIAL RESULTS

Second quarter 2023 GAAP diluted earnings per share of $4.80 Second quarter  2023 diluted earnings per share, excluding Sunseeker special charges of $4.35 (1)(4)(5) Second quarter  2023 airline only d...

7 weeks ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES SECOND QUARTER 2023 EARNINGS CALL

LAS VEGAS , July 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2023 financial results conference call for Wednesday, August 2 at 12:30 p.m. EDT. A l...

2 months ago - PRNewsWire

ALLEGIANT REPORTS JUNE 2023 TRAFFIC

LAS VEGAS , July 18, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2023. Scheduled Service – Year Over Year Comparison June...

2 months ago - PRNewsWire

Turbulence aboard Allegiant flight injures 2 passengers, 2 flight attendants

ST. PETERSBURG, Fla. — Two passengers and two flight attendants were injured when a plane hit turbulence Wednesday while flying from North Carolina to Florida, officials said.

Other symbols: FR
2 months ago - Market Watch

Allegiant Allways Rewards Members Earn Exclusive Perk: Presale Access to Live Nation Concert Tickets

Members will have the chance to purchase tickets to see artists including 50 Cent, Neon Trees, Lil  Durk, Pepe Aguilar, Pentatonix, Dierks Bentley, Adekunle Gold, Queens of the Stone Age , and many mo...

2 months ago - PRNewsWire

ALLEGIANT ANNOUNCES SIX NEW ROUTES WITH ONE-WAY FARES AS LOW AS $40*

Expansion Offers Low-Cost Holiday Travel Options to Popular Destinations LAS VEGAS , July 11, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced six new nonstop routes to popular vacation d...

2 months ago - PRNewsWire

ALLEGIANT REPORTS MAY 2023 TRAFFIC

LAS VEGAS , June 14, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2023. Scheduled Service – Year Over Year Comparison May 2...

3 months ago - PRNewsWire

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

LAS VEGAS , June 9, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) and The Transport Workers Union of America, AFL-CIO Local 577 announced they have reached a tentative agreement on all remaining open ...

3 months ago - PRNewsWire

ALLEGIANT ANNOUNCES RATIFIED DISPATCHERS CONTRACT AGREEMENT WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERS

LAS VEGAS , May 26, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company and the International Brotherhood of Teamsters (IBT), representing Allegiant dispatchers, have ratifi...

4 months ago - PRNewsWire

ALLEGIANT PLEDGES $1 MILLION TO BOYS & GIRLS CLUBS OF AMERICA TO DEVELOP AVIATION JOURNEY

The new partnership will design aviation-inspired programming for Boys & Girls Clubs across the country LAS VEGAS , May 22, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has pledged $1 ...

4 months ago - PRNewsWire

ALLEGIANT UNVEILS SPECIAL LIVERY DEDICATED TO INSOMNIAC FANS

**Media: Photos available for download here ** LAS VEGAS , May 18, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has unveiled a special addition to its fleet: a vibrant, one-of-a-kind I...

4 months ago - PRNewsWire

ALLEGIANT REPORTS APRIL 2023 TRAFFIC

LAS VEGAS , May 16, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for April 2023. Scheduled Service – Year Over Year Comparison Apri...

4 months ago - PRNewsWire

ALLEGIANT ANNOUNCES TENTATIVE DISPATCHERS CONTRACT AGREEMENT WITH INTERNATIONAL BROTHERHOOD OF TEAMSTERS

LAS VEGAS , May 3, 2023 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company and the International Brotherhood of Teamsters (IBT), representing Allegiant dispatchers, have reached...

5 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2023 FINANCIAL RESULTS

First quarter  2023 GAAP diluted earnings per share of $3.09 First quarter  2023 diluted earnings per share, excluding Sunseeker special charges of $3.04 (1)(4) First quarter  2023 airline only dilute...

5 months ago - PRNewsWire

ALLEGIANT LAUNCHES NEW PILOT PATHWAY PROGRAM FOR UNIVERSITY STUDENTS

LAS VEGAS , April 25, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced the launch of its Accelerate Pilot Pathway, a new program for university students who want to become ...

5 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY SCHEDULES FIRST QUARTER 2023 EARNINGS CALL

LAS VEGAS , April 21, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its first quarter 2023 financial results conference call for Wednesday, May 3 at 12:30 p.m. EST. A live...

5 months ago - PRNewsWire

O'Charley's Celebrating 50th AnnO'versary with Throwback Vibes, An Exciting Sweepstakes and Return of All-Time-Favorite “Kids Eat Free”

NASHVILLE, Tenn.--(BUSINESS WIRE)--O'Charley's Restaurant + Bar is celebrating 50 years of Great Food and Good Times beginning April 10 and going through May 7 with multiple guest focused elements as ...

5 months ago - Business Wire

ALLEGIANT REPORTS MARCH 2023 TRAFFIC

LAS VEGAS , April 13, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2023.

5 months ago - PRNewsWire

ALLEGIANT WINS THREE NATIONAL AWARDS RECOGNIZING COMPANY FOR FOSTERING INNOVATIVE AND DIVERSE WORKPLACE CULTURE

LAS VEGAS , March 30, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced it has earned three prestigious accolades from leading organizations Forbes, Newsweek and Fortune. Th...

6 months ago - PRNewsWire