Allegiant Travel Company (ALGT)

NASDAQ: ALGT · IEX Real-Time Price · USD
74.32
+1.34 (1.84%)
At close: Oct 3, 2022 4:00 PM
74.33
+0.01 (0.01%)
After-hours: Oct 3, 2022 7:06 PM EDT
1.84%
Market Cap 1.35B
Revenue (ttm) 2.09B
Net Income (ttm) 46.43M
Shares Out 18.18M
EPS (ttm) 2.31
PE Ratio 32.17
Forward PE 6.85
Dividend n/a
Ex-Dividend Date n/a
Volume 180,450
Open 72.62
Previous Close 72.98
Day's Range 71.84 - 74.73
52-Week Range 71.84 - 206.40
Beta 1.51
Analysts Buy
Price Target 157.76 (+112.3%)
Earnings Date Oct 25, 2022

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 14, 2022, it operated a fleet of 110 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, pri... [Read more...]

Industry Airlines
IPO Date Dec 8, 2006
CEO Maurice Gallagher
Employees 5,226
Stock Exchange NASDAQ
Ticker Symbol ALGT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for ALGT stock is "Buy." The 12-month stock price forecast is 157.76, which is an increase of 112.27% from the latest price.

Price Target
$157.76
(112.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Allegiant (ALGT) Cuts Q3 View on Hurricane Ian's Likely Impact

Allegiant (ALGT) expects third-quarter revenues to increase 27.5% from the third-quarter 2019 actuals.

3 days ago - Zacks Investment Research

ALLEGIANT GIVES $100,000 TO AMERICAN RED CROSS FOR HURRICANE RELIEF

Travel company pledges support and activates platform for online donations LAS VEGAS , Sept. 30, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced a $100,000 donation to the A...

3 days ago - PRNewsWire

ALLEGIANT REPORTS AUGUST 2022 TRAFFIC

LAS VEGAS , Sept. 29, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2022.

4 days ago - PRNewsWire

Allegiant Introduces Allegiant Pay Powered by Uplift Through Expanded Long Term Partnership with Buy Now Pay Later Le...

Offering a new way to pay - customers can travel now and pay over time on all Allegiant bookings for flights, hotels and car rentals SUNNYVALE, Calif. , Sept. 22, 2022 /PRNewswire/ -- Uplift, the only e...

1 week ago - PRNewsWire

Allegiant Enhancing Onboard Experience with Rebranded Inflight Magazine and New Fall Menu Selections

Allegiant nonstoplife takes flight with rebranding of Sunseeker magazine LAS VEGAS , Sept. 21, 2022 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced a rebrand of its signature inflight magazine ...

1 week ago - PRNewsWire

2 Top Stocks to Buy If Inflation Is Easing

Source: stockwerk-fotodesign / Shutterstock Is inflation finally cooling off? And if not, when will it finally start to subside?

Other symbols: VVX
2 weeks ago - InvestorPlace

Is the Options Market Predicting a Spike in Allegiant (ALGT) Stock?

Investors need to pay close attention to Allegiant (ALGT) stock based on the movements in the options market lately.

3 weeks ago - Zacks Investment Research

Which of These 2 Small-Cap Airline Stocks Is a Better Buy?

After taking a beating for the past year or so, which of these ultra-low-cost carriers is better poised for takeoff?

Other symbols: SNCY
3 weeks ago - The Motley Fool

ALLEGIANT ANNOUNCES REPAYMENT OF ITS OBLIGATIONS UNDER THE CARES ACT PAYROLL SUPPORT PROGRAM

LAS VEGAS , Sept. 5, 2022 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) announced it has repaid the $24.8 million dollar emergency relief loan the company received under the Coronavirus Aid, Relief and Econo...

4 weeks ago - PRNewsWire

Why Is Allegiant Travel (ALGT) Down 16% Since Last Earnings Report?

Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Here's Why You Should Retain Allegiant Travel (ALGT) Stock

In July 2022, Allegiant Travel (ALGT) carries 10.9% more passengers than the three-year ago reading.

1 month ago - Zacks Investment Research

ALLEGIANT REPORTS JULY 2022 TRAFFIC

LAS VEGAS , Aug. 30, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2022. Scheduled Service – Year Over Three-Year Comparison ...

1 month ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY COMPLETES SENIOR SECURED DEBT REFINANCING

LAS VEGAS , Aug. 18, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today closed its private offering and issued $550.0 million in aggregate principal amount of its 7.250% Senior Secured N...

1 month ago - PRNewsWire

Allegiant Teams with Navitaire to Transform Digital Platforms

MINNEAPOLIS--(BUSINESS WIRE)-- #Allegiant--Allegiant looks to Navitaire to power its digital transformation

1 month ago - Business Wire

ALLEGIANT TRAVEL COMPANY PRICES UPSIZED $550 MILLION OFFERING OF SENIOR SECURED NOTES

LAS VEGAS , Aug. 10, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) (the "Company," "we," "us," or "our") has agreed to sell $550.0 million in aggregate principal amount of its 7.250% Seni...

1 month ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY ANNOUNCES OFFERING OF SENIOR SECURED NOTES

LAS VEGAS , Aug. 10, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) (the "Company," "we," "us," or "our") has commenced an offering of $500.0 million in aggregate principal amount of Senio...

1 month ago - PRNewsWire

3 Airline Stocks to Buy and Hold for the Long Haul

Are you looking for airline stocks to buy and hold for the long haul? The current conditions for investing in airline stocks aren't the best despite solid travel demand.

Other symbols: CPADAL
1 month ago - InvestorPlace

Allegiant Travel (ALGT) Matches Q2 Earnings Estimates

Allegiant Travel (ALGT) delivered earnings and revenue surprises of 0% and 0.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

ALLEGIANT TRAVEL COMPANY SECOND QUARTER FINANCIAL RESULTS

Second quarter 2022 GAAP diluted earnings per share of $0.24 Second quarter 2022 diluted earnings per share, excluding recognition bonus(1) of $0.62 (1)(2) LAS VEGAS , August 3, 2022  /PRNewswire/ -- Al...

2 months ago - PRNewsWire

ALLEGIANT TRAVEL COMPANY ANNOUNCES EXECUTIVE PROMOTIONS

D. Scott Sheldon and Gregory C. Anderson to assume new roles as  Presidents of Allegiant Travel Company LAS VEGAS , July 28, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today ...

2 months ago - PRNewsWire

Budget airline Allegiant cuts profit outlook on rising costs; stock plunges

LAS VEGAS — Shares of Allegiant Air's parent company tumbled in after-hours trading Monday after the budget airline gave a disappointing preview of its second-quarter earnings that it said were undercut...

2 months ago - Market Watch

ALLEGIANT REPORTS JUNE 2022 TRAFFIC

LAS VEGAS , July 25, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2022 as well as second quarter 2022. "Total revenue for th...

2 months ago - PRNewsWire

7 Airline Stocks to Buy on the Dip

These airline stocks to buy on the dip that are benefitting from pent-up travel demand and have massive upside potential ahead. The post 7 Airline Stocks to Buy on the Dip appeared first on InvestorPlace.

Other symbols: ALKATSGCPADALLUVRYAAY
2 months ago - InvestorPlace

ALLEGIANT TRAVEL COMPANY SCHEDULES SECOND QUARTER 2022 EARNINGS CALL

LAS VEGAS , July 20, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its second quarter 2022 financial results conference call for Wednesday, August 3 at 4:30 p.m. EDT. A live...

2 months ago - PRNewsWire

Earnings Preview: Allegiant Travel (ALGT) Q2 Earnings Expected to Decline

Allegiant Travel (ALGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research