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Allegiant Travel Company (ALGT)
NASDAQ:ALGT
Allegiant Travel Company (ALGT) Stock Price & Analysis
426 Followers
ALGT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.60 - $126.55
Previous Close$52.98
Volume238.41K
Average Volume (3M)308.29K
Market Cap
$965.95M
Enterprise Value$2.50B
Total Cash (Recent Filing)$809.88M
Total Debt (Recent Filing)$2.35B
Price to Earnings (P/E)16.8
Beta1.32
Next Earnings
Jul 31, 2024EPS Estimate
$0.94Last Dividend Ex-Date
May 14, 2024Dividend Yield3.4%
Share Statistics
EPS (TTM)3.15
Shares Outstanding18,232,284
10 Day Avg. Volume462,940
30 Day Avg. Volume308,288
Standard Deviation0.15
R-Squared0.33
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.73
Price to Sales (P/S)1.47
Price to Cash Flow (P/CF)1.40
P/FCF Ratio3.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.00
Enterprise Value/Gross Profit1.47
Enterprise Value/Ebitda4.05
Forecast
1Y Price Target
$61.50Price Target Upside16.08% Upside
Rating ConsensusHold
Number of Analyst Covering6
Allegiant Travel Company News
Bulls Say, Bears Say
Bulls Say
Business Model And ManagementAnalyst likes ALGT for its low fares, unique domestic/medium haul network, nimble business model and recent solid execution from management.
Earnings PerformanceALGT reported a noticeable 4Q EBIT beat vs. the Street.
Future Growth ProspectsSunseeker execution and ongoing earnings contribution will be a significant catalyst for the stock.
Bears Say
Earnings GuidanceDownward revision of 2024E EPS to 3.11 USD from 4.83 USD due to weaker 2Q outlook indicates lowered earnings expectations.
Financial StabilityIncreased leverage levels and modest degradation in liquidity position through 2024 pose risks to financial stability.
Operational ChallengesBoeing delivery delays constrain growth, leading to a reduced 2024 capacity growth forecast.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Allegiant Travel Company
Desktop Users
Mobile Users
ALGT FAQ
What was Allegiant Travel Company’s price range in the past 12 months?
Allegiant Travel Company lowest stock price was $50.59 and its highest was $126.55 in the past 12 months.
What is Allegiant Travel Company’s market cap?
Currently, no data Available
When is Allegiant Travel Company’s upcoming earnings report date?
Allegiant Travel Company’s upcoming earnings report date is Jul 31, 2024 which is in 73 days.
How were Allegiant Travel Company’s earnings last quarter?
Allegiant Travel Company released its earnings results on May 07, 2024. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.2.
Is Allegiant Travel Company overvalued?
According to Wall Street analysts Allegiant Travel Company’s price is currently Undervalued.
Does Allegiant Travel Company pay dividends?
Allegiant Travel Company pays a Semiannually dividend of $0.6 which represents an annual dividend yield of 3.4%. See more information on Allegiant Travel Company dividends here
What is Allegiant Travel Company’s EPS estimate?
Allegiant Travel Company’s EPS estimate is $0.94.
How many shares outstanding does Allegiant Travel Company have?
Allegiant Travel Company has 18,232,285 shares outstanding.
What happened to Allegiant Travel Company’s price movement after its last earnings report?
Allegiant Travel Company reported an EPS of $0.57 in its last earnings report, beating expectations of $0.37. Following the earnings report the stock price went down -4.203%.
Which hedge fund is a major shareholder of Allegiant Travel Company?
Among the largest hedge funds holding Allegiant Travel Company’s share is Diamond Hill Capital Management Inc. It holds Allegiant Travel Company’s shares valued at 70M.
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Allegiant Travel Company Stock Smart Score
Underperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$61.50 (16.08% Upside)
$61.50 (16.08% Upside)
Blogger Sentiment
Bullish
ALGT Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 342.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 7.3%
Last 30 Days ▲ 7.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.21%
12-Months-Change
Fundamentals
Return on Equity
4.30%
Trailing 12-Months
Asset Growth
5.44%
Trailing 12-Months
Company Description
Allegiant Travel Company
Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation, air-related travel services and product, third party travel products and fixed fee contract air transportation. The company was founded in January 1997 and is headquartered in Las Vegas, NV.
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ALGT Earnings Call
Q1 2024
0:00 / 0:00
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ALGT Stock 12 Month Forecast
Average Price Target
$61.50
▲(16.08% Upside)
Technical Analysis
Best Analysts Covering ALGT
1 Year
1 Year Success Rate
13/31 ratings generated profit
1 Year Average Return
+6.51%
reiterated a buy rating 5 months ago
Copying Savanthi Syth's trades and holding each position for 1 Year would result in 41.94% of your transactions generating a profit, with an average return of +6.51% per trade.
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