Allegiant Travel Company (ALGT)
| Market Cap | 3.48B |
| Revenue (ttm) | 1.46B |
| Net Income (ttm) | 112.31M |
| Shares Out | 18.09M |
| EPS (ttm) | 6.57 |
| PE Ratio | 29.25 |
| Forward PE | 13.21 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 273,833 |
| Open | 186.00 |
| Previous Close | 184.94 |
| Day's Range | 185.43 - 196.67 |
| 52-Week Range | 163.60 - 271.29 |
| Beta | 1.60 |
| Analysts | Strong Buy |
| Price Target | 256.09 (+33.2%) |
| Earnings Date | Oct 27, 2021 |
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 12, 2021, it operated a fleet of 97 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience and baggage fees, advance seat assignments, travel protectio...
Financial Performance
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for ALGT stock is "Strong Buy." The 12-month stock price forecast is 256.09, which is an increase of 33.24% from the latest price.
News
Allegiant Announces Nine New Nonstop Routes To Premier Spring Break Destinations With Fares As Low As $39*
LAS VEGAS, Dec. 7, 2021 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announces nine new nonstop routes for spring vacation travel to premier destinations in Florida and the southwest. To celebrate, Al...
CDB Aviation Delivers A320 Aircraft to Allegiant
LAS VEGAS--(BUSINESS WIRE)-- #CDBAviation--CDB Aviation has delivered an Airbus A320-200 to a new customer in the Americas region, Las Vegas-based ultra-low-cost airline Allegiant.
Allegiant (ALGT) to Commence United States-Mexico Service
The partnership between Allegiant (ALGT) and Viva Aerobus', on materialization, is expected to widen travel options for passengers between Mexico and the United States.
Allegiant Steps Up Mexican Entry Via Alliance With Viva Aerobus, Makes $50M Equity Investment
Allegiant Travel Co (NASDAQ: ALGT) agreed to make an equity investment of $50 million in Viva Aerobus and form a fully-integrated Commercial Alliance Agreement. Allegiant Chairman and CEO Maurice J.
Allegiant, Viva Aerobus Announce First-Of-Its-Kind Commercial Alliance Agreement
LAS VEGAS, Dec. 1, 2021 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) and Viva Aerobus today announced plans for a fully-integrated Commercial Alliance Agreement, designed to dramatically expand options for ...
Goldman Sachs Is Bullish On Allegiant Travel - Read Why
Goldman Sachs analyst Catherine O'Brien upgraded Allegiant Travel Company (NASDAQ:ALGT) to Buy from Neutral and raised the price target to $250, from $245, representing 32.8% upside. The analyst expects...
Allegiant (ALGT) Reports Stellar October Traffic Figures
Allegiant's (ALGT) load factor expands 11.6 points year over year to 74.7% in October 2021.
Allegiant Clocks 29.2% Y/Y Growth In October Capacity
Allegiant Travel Co (NASDAQ: ALGT) October 2021 total system passengers increased 4.8% to 1,192,133, versus October 2019. Total system passengers improved 51.4% year-over-year, while Available seat mile...
Allegiant Reports October 2021 Traffic
LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2021. Scheduled Service – Year Over Two-Year Comparison O...
Allegiant Collaborates With AWS To Take Its Customers To The Cloud
LAS VEGAS, Nov. 8, 2021 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced a five-year collaboration with Amazon Web Services (AWS), Inc., selecting AWS as its Preferred Cloud Provider. With its u...
Allegiant (ALGT) Q3 Earnings Miss Estimates, Increase Y/Y
Improvement in air-travel demand boosts Allegiant's (ALGT) third-quarter results.
Allegiant Travel (ALGT) Q3 Earnings Miss Estimates
Allegiant Travel (ALGT) delivered earnings and revenue surprises of -5.71% and 2.99%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Allegiant Travel: Q3 Earnings Insights
Allegiant Travel (NASDAQ:ALGT) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:01 PM. Here's what investors need to know about the announcement.
Allegiant Travel Company Third Quarter 2021 Financial Results
LAS VEGAS, Oct. 27, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the third quarter 2021, as well as comparisons to the prior years: Con...
Allegiant Announces Vote To Ratify Maintenace Technicians Contract With International Brotherhood Of Teamsters
LAS VEGAS, Oct. 27, 2021 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announces that maintenance technician and related employees represented by the International Brotherhood of Teamsters (IBT) have v...
Allegiant Travel (ALGT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Allegiant (ALGT) Shares Fall In Spite of Rosy September Traffic
Allegiant's (ALGT) load factor expands 13.1 points year over year to 70.5% in September 2021.
Allegiant Board Of Directors Names Sandra Morgan As Newest Member
LAS VEGAS, Oct. 18, 2021 /PRNewswire/ -- The Board of Directors of Allegiant Travel Company (NASDAQ: ALGT) today announced Sandra Douglass Morgan as its newest member. Morgan, an attorney and former re...
Allegiant Clocks 42.9% Y/Y Growth In September Capacity
Allegiant Travel Company (NASDAQ: ALGT) September 2021 total system passengers increased 3.7% to 829,029, versus September 2019. Total system passengers improved 71.5% Y/Y, while Available seat miles im...
Castlelake Provides Loan to Allegiant-backed Sunseeker Resort
MINNEAPOLIS, Oct. 14, 2021 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment manager with 16 years of experience investing in asset-rich opportunities, announced today it...
Allegiant Reports September 2021 Traffic
LAS VEGAS, Oct. 14, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2021 as well as third quarter 2021. "We finished the q...
Allegiant Travel Company Schedules Third Quarter 2021 Earnings Call
LAS VEGAS, Oct. 13, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2021 financial results conference call for Wednesday, October 27 at 4:30 p.m. EDT. A live...
Read Why Goldman Sachs Is Bearish On Some Airline Stocks Short-Term
Goldman Sachs analyst Catherine O'Brien downgraded JetBlue Airways, American Airlines and lowered the Price Target for Allegiant Travel and Spirit Airlines. O'Brien remains positive on the path to profi...
Allegiant Offers Special In-Flight Fundraiser During Breast Cancer Awareness Month; Proceeds will Benefit National Br...
LAS VEGAS, Sept. 29, 2021 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that, through October, it will donate a portion of proceeds from the sale of pink in-flight refreshments to the Nationa...
