Allegiant Travel Stock Today
| ALGT Stock | USD 85.08 2.26 2.59% |
Performance29 of 100
| Odds Of DistressLess than 22
|
Allegiant Travel is selling for under 85.08 as of the 13th of December 2024; that is 2.59% down since the beginning of the trading day. The stock's last reported lowest price was 85.08. Allegiant Travel has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat strong performance during the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Allegiant Travel's common stock.
Business Domain Transportation | IPO Date 8th of December 2006 | Category Industrials |
Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada. Allegiant Travel operates under Airlines classification in the United States and is traded on NASDAQ Exchange. The company has 18.34 M outstanding shares of which 1.23 M shares are presently shorted by private and institutional investors with about 2.65 trading days to cover. More on Allegiant Travel
Moving together with Allegiant Stock
| 0.87 | VLRS | Volaris | PairCorr |
| 0.8 | WERN | Werner Enterprises | PairCorr |
| 0.91 | AAL | American Airlines Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.94 | ALK | Alaska Air Group Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Allegiant Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Allegiant Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO Director | John Redmond | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Passenger Airlines, Transportation, Industrials, SP Small-Cap 600, ARCA Airline, NASDAQ Composite, NASDAQ Composite Total, Airlines, Impulse, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsAllegiant Travel can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Allegiant Travel's financial leverage. It provides some insight into what part of Allegiant Travel's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Allegiant Travel (ALGT) is traded on NASDAQ Exchange in USA. It is located in 1201 North Town Center Drive, Las Vegas, NV, United States, 89144 and employs 5,827 people. Allegiant Travel is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.6 B. Allegiant Travel conducts business under Passenger Airlines sector and is part of Industrials industry. The entity has 18.34 M outstanding shares of which 1.23 M shares are presently shorted by private and institutional investors with about 2.65 trading days to cover.
Allegiant Travel currently holds about 1.21 B in cash with 423.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 67.19.
Check Allegiant Travel Probability Of Bankruptcy
Ownership AllocationAllegiant Travel holds a total of 18.34 Million outstanding shares. The majority of Allegiant Travel outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Allegiant Travel to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Allegiant Travel. Please pay attention to any change in the institutional holdings of Allegiant Travel as this could imply that something significant has changed or is about to change at the company. Also note that nearly one million one hundred twenty thousand eight hundred twelve invesors are currently shorting Allegiant Travel expressing very little confidence in its future performance.
Check Allegiant Ownership Details
Allegiant Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| American Century Companies Inc | 2024-09-30 | 491.6 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 429.5 K | |
| Geode Capital Management, Llc | 2024-09-30 | 364.8 K | |
| Goldman Sachs Group Inc | 2024-09-30 | 305.8 K | |
| Clearbridge Advisors, Llc | 2024-09-30 | 271 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 257.5 K | |
| Schonfeld Strategic Advisors Llc | 2024-09-30 | 216.5 K | |
| Katahdin Capital | 2024-09-30 | 157 K | |
| Bank Of New York Mellon Corp | 2024-09-30 | 154.8 K | |
| Blackrock Inc | 2024-06-30 | 2.6 M | |
| Vanguard Group Inc | 2024-09-30 | 1.7 M |
Allegiant Travel Historical Income Statement
Allegiant Stock Against Markets
Allegiant Travel Corporate Management
| Robert Neal | Sr Treasurer | Profile | |
| Rebecca Aretos | VP Officer | Profile | |
| Drew Wells | Senior Officer | Profile | |
| Michael Broderick | Senior Transformation | Profile |
Already Invested in Allegiant Travel?
The danger of trading Allegiant Travel is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allegiant Travel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allegiant Travel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allegiant Travel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Allegiant Stock Analysis
When running Allegiant Travel's price analysis, check to measure Allegiant Travel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.