Easy does it PTI makes top 10 list of best small airports
| ALGT Stock | USD 56.13 0.87 1.57% |
Slightly above 51% of Allegiant Travel's investor base is interested to short. The analysis of overall sentiment of trading Allegiant Travel stock suggests that many investors are impartial at this time. Allegiant Travel's investing sentiment can be driven by a variety of factors including economic data, Allegiant Travel's earnings reports, geopolitical events, and overall market trends.
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Piedmont Triad International Airport in Greensboro.
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Allegiant Travel Fundamental Analysis
We analyze Allegiant Travel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allegiant Travel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allegiant Travel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Allegiant Travel is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Allegiant Travel Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Allegiant Travel stock to make a market-neutral strategy. Peer analysis of Allegiant Travel could also be used in its relative valuation, which is a method of valuing Allegiant Travel by comparing valuation metrics with similar companies.
Peers
Allegiant Travel Related Equities
| MESA | Mesa Air | 3.92 | ||||
| JBLU | JetBlue Airways | 3.05 | ||||
| BABWF | International Consolidated | 2.15 | ||||
| ULCC | Frontier Group | 1.96 | ||||
| ALK | Alaska Air | 1.26 | ||||
| VLRS | Volaris | 0.69 | ||||
| SKYW | SkyWest | 0.56 | ||||
| SNCY | Sun Country | 3.12 | ||||
| AZUL | Azul SA | 3.57 |
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.