Allegiant Travel (NASDAQ:ALGT)’s traded shares stood at 0.38 million during the last session, with the company’s beta value hitting 1.65. At the close of trading, the stock’s price was $73.50, to imply a decrease of -1.50% or -$1.12 in intraday trading. The ALGT share’s 52-week high remains $107.57, putting it -46.35% down since that peak but still an impressive 50.91% since price per share fell to its 52-week low of $36.08.
Analysts have given a consensus recommendation of Hold for Allegiant Travel (ALGT), translating to a mean rating of 2.86. Of 8 analyst(s) looking at the stock, 1 analyst(s) give ALGT a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.96.
Allegiant Travel (NASDAQ:ALGT) trade information
After registering a -1.50% downside in the last session, Allegiant Travel (ALGT) has traded red over the past five days. The 5-day price performance for the stock is -9.97%, and -28.89% over 30 days. With these gigs, the year-to-date price performance is -21.91%.
The extremes give us $83 and $83 for target low and target high price respectively. As such, ALGT has been trading -12.93% off suggested target high and -12.93% from its likely low.
Allegiant Travel (ALGT) estimates and forecasts
The rating firms project that company’s revenue will grow 13.21% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 705.5M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 768.04M.Earnings reports from the last fiscal year show that sales brought in 656.41M and 666.28M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.48% before jumping 15.27% in the following quarter.
ALGT Dividends
Allegiant Travel has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Allegiant Travel has a forward dividend ratio of 0.60, with the share yield ticking at 0.82% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.78 million shares, or about 10.1015% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $89.63 million.
We also have iShares Core S&P Smallcap ETF and ETF Series Solutions-U.S. Global Jets ETF as the top two Mutual Funds with the largest holdings of the Allegiant Travel (ALGT) shares. Going by data provided on Dec 31, 2024 , iShares Core S&P Smallcap ETF holds roughly 947.76 shares. This is just over 5.17% of the total shares, with a market valuation of $69.66 million. Data from the same date shows that the other fund manager holds a little less at 741.43, or 4.04% of the shares, all valued at about 54.5 million.
