Is Allegiant Travel Stock a Good Investment?
Allegiant Travel Investment Advice | ALGT |
- Examine Allegiant Travel's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Allegiant Travel's leadership team and their track record. Good management can help Allegiant Travel navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Passenger Airlines space and any emerging trends that could impact Allegiant Travel's business and its evolving consumer preferences.
- Compare Allegiant Travel's performance and market position to its competitors. Analyze how Allegiant Travel is positioned in terms of product offerings, innovation, and market share.
- Check if Allegiant Travel pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Allegiant Travel's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Allegiant Travel stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Allegiant Travel is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Allegiant Travel Stock
Researching Allegiant Travel's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 23.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. Allegiant Travel recorded a loss per share of 1.52. The entity last dividend was issued on the 14th of May 2024.
To determine if Allegiant Travel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Allegiant Travel's research are outlined below:
| Allegiant Travel has a strong financial position based on the latest SEC filings | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Fast-paced Momentum Stock Allegiant Travel Is Still Trading at a Bargain - Yahoo Finance |
Allegiant Travel Quarterly Cost Of Revenue |
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Allegiant Travel uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Allegiant Travel. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allegiant Travel's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Allegiant Travel's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Allegiant Travel's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-02 | 2023-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2022-05-04 | 2022-03-31 | -0.07 | -0.12 | -0.05 | 71 | ||
2011-10-26 | 2011-09-30 | 0.44 | 0.49 | 0.05 | 11 | ||
2007-10-29 | 2007-09-30 | 0.3 | 0.35 | 0.05 | 16 | ||
2008-10-21 | 2008-09-30 | 0.18 | 0.24 | 0.06 | 33 | ||
2024-05-07 | 2024-03-31 | 0.5 | 0.57 | 0.07 | 14 | ||
2007-01-30 | 2006-12-31 | 0.1 | 0.17 | 0.07 | 70 | ||
2008-01-29 | 2007-12-31 | 0.16 | 0.24 | 0.08 | 50 |
Allegiant Travel Target Price Consensus
Allegiant target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Allegiant Travel's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 13 | Buy |
Most Allegiant analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Allegiant stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Allegiant Travel, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAllegiant Travel Target Price Projection
Allegiant Travel's current and average target prices are 104.06 and 89.83, respectively. The current price of Allegiant Travel is the price at which Allegiant Travel is currently trading. On the other hand, Allegiant Travel's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Allegiant Travel Market Quote on 31st of January 2025
Target Price
Analyst Consensus On Allegiant Travel Target Price
Allegiant Travel Analyst Ratings
Allegiant Travel's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Allegiant Travel stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Allegiant Travel's financials, market performance, and future outlook by experienced professionals. Allegiant Travel's historical ratings below, therefore, can serve as a valuable tool for investors.Know Allegiant Travel's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Allegiant Travel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Allegiant Travel backward and forwards among themselves. Allegiant Travel's institutional investor refers to the entity that pools money to purchase Allegiant Travel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 | 2024-09-30 | 2.6 M | Vanguard Group Inc | 2024-09-30 | 1.7 M |
Allegiant Travel's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.91 B.Market Cap |
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Allegiant Travel's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.10 | 0.10 |
Determining Allegiant Travel's profitability involves analyzing its financial statements and using various financial metrics to determine if Allegiant Travel is a good buy. For example, gross profit margin measures Allegiant Travel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Allegiant Travel's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Allegiant Travel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Allegiant Travel. Check Allegiant Travel's Beneish M Score to see the likelihood of Allegiant Travel's management manipulating its earnings.
Evaluate Allegiant Travel's management efficiency
Allegiant Travel has return on total asset (ROA) of 0.0109 % which means that it generated a profit of $0.0109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0197) %, meaning that it created substantial loss on money invested by shareholders. Allegiant Travel's management efficiency ratios could be used to measure how well Allegiant Travel manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.03 in 2025. Return On Capital Employed is likely to drop to 0.05 in 2025. At this time, Allegiant Travel's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 1.5 B in 2025, whereas Non Current Liabilities Other is likely to drop slightly above 10.3 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 66.63 | 69.96 | |
| Tangible Book Value Per Share | 66.63 | 69.96 | |
| Enterprise Value Over EBITDA | 6.80 | 7.14 | |
| Price Book Value Ratio | 1.28 | 1.22 | |
| Enterprise Value Multiple | 6.80 | 7.14 | |
| Price Fair Value | 1.28 | 1.22 | |
| Enterprise Value | 4.2 B | 4.4 B |
At Allegiant Travel, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Basic technical analysis of Allegiant Stock
As of the 31st of January, Allegiant Travel shows the Mean Deviation of 2.26, risk adjusted performance of 0.2288, and Downside Deviation of 2.84. Allegiant Travel technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Allegiant Travel's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allegiant Travel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allegiant Travel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allegiant Travel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Allegiant Travel's Outstanding Corporate Bonds
Allegiant Travel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Allegiant Travel uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Allegiant bonds can be classified according to their maturity, which is the date when Allegiant Travel has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| ALLE 5411 01 JUL 32 Corp BondUS01748TAC53 | View | |
| Allegion 35 percent Corp BondUS01748TAB70 | View | |
| ALGT 725 15 AUG 27 Corp BondUS01748XAD49 | View | |
| US01741RAL69 Corp BondUS01741RAL69 | View | |
| US01741RAM43 Corp BondUS01741RAM43 | View | |
| Allegheny Technologies 5875 Corp BondUS01741RAH57 | View | |
| ALLEGION HLDG INC Corp BondUS01748NAE40 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Allegiant Travel's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Allegiant Travel's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2288 | |||
| Market Risk Adjusted Performance | 2.5 | |||
| Mean Deviation | 2.26 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.84 | |||
| Coefficient Of Variation | 376.93 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.83 | |||
| Information Ratio | 0.2317 | |||
| Jensen Alpha | 0.7502 | |||
| Total Risk Alpha | 0.4584 | |||
| Sortino Ratio | 0.2426 | |||
| Treynor Ratio | 2.49 | |||
| Maximum Drawdown | 16.1 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 4.88 | |||
| Downside Variance | 8.05 | |||
| Semi Variance | 4.39 | |||
| Expected Short fall | (2.49) | |||
| Skewness | 0.4708 | |||
| Kurtosis | 1.4 |
| Risk Adjusted Performance | 0.2288 | |||
| Market Risk Adjusted Performance | 2.5 | |||
| Mean Deviation | 2.26 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.84 | |||
| Coefficient Of Variation | 376.93 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.83 | |||
| Information Ratio | 0.2317 | |||
| Jensen Alpha | 0.7502 | |||
| Total Risk Alpha | 0.4584 | |||
| Sortino Ratio | 0.2426 | |||
| Treynor Ratio | 2.49 | |||
| Maximum Drawdown | 16.1 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 4.88 | |||
| Downside Variance | 8.05 | |||
| Semi Variance | 4.39 | |||
| Expected Short fall | (2.49) | |||
| Skewness | 0.4708 | |||
| Kurtosis | 1.4 |
Consider Allegiant Travel's intraday indicators
Allegiant Travel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allegiant Travel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 8511.98 | |||
| Daily Balance Of Power | 0.2194 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 103.82 | |||
| Day Typical Price | 103.9 | |||
| Price Action Indicator | 0.6 | |||
| Period Momentum Indicator | 0.7 |
Allegiant Travel Corporate Filings
| 7th of January 2025 Other Reports | ViewVerify | |
8K | 31st of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Allegiant Stock media impact
Far too much social signal, news, headlines, and media speculation about Allegiant Travel that are available to investors today. That information is available publicly through Allegiant media outlets and privately through word of mouth or via Allegiant internal channels. However, regardless of the origin, that massive amount of Allegiant data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Allegiant Travel news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Allegiant Travel relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Allegiant Travel's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Allegiant Travel alpha.
Allegiant Travel Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Allegiant Travel can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Allegiant Travel Historical Investor Sentiment
Investor biases related to Allegiant Travel's public news can be used to forecast risks associated with an investment in Allegiant. The trend in average sentiment can be used to explain how an investor holding Allegiant can time the market purely based on public headlines and social activities around Allegiant Travel. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Allegiant Travel's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allegiant Travel and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Allegiant Travel news discussions. The higher the estimate score, the more favorable the investor's outlook on Allegiant Travel.
Allegiant Travel Maximum Pain Price Across April 17th 2025 Option Contracts
Allegiant Travel's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Allegiant Travel close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Allegiant Travel's options.
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.