Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States.
Allegiant Travel Co stock last closed at $75.21, down 1.36% from the previous day, and has decreased 12.55% in one year. It has underperformed other stocks in the Airlines industry by 0.32 percentage points. Allegiant Travel Co stock is currently +37.07% from its 52-week low of $54.87, and -42.56% from its 52-week high of $130.93.
As of Mar 28, 2024, there are 18.29M ALGT shares outstanding. The market capitalization of ALGT is $1.38B. In the past 24 hours, 163,204 ALGT shares were traded.
How to Buy Allegiant Travel Co Stock
Wondering how to invest in Allegiant Travel Co stock? Here's how.
Figure out where to buy Allegiant Travel Co stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Allegiant Travel Co stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Deposit funds into your investment account: Pick your payment method and add your details.
Evaluate Allegiant Travel Co stock: The Allegiant Travel Co ticker symbol is ALGT. Is Allegiant Travel Co stock a good investment? Should you buy shares of ALGT? How do ALGT's underlying business fundamentals look? Do top analysts think Allegiant Travel Co is a good buy? Why has ALGT's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ALGT is a good stock to buy).
Execute your ALGT trade: Decide if you will purchase ALGT shares at the current market price or use a limit order to purchase ALGT stock at a specific price.
Track your ALGT investment: Create a watchlist to watch your investment in Allegiant Travel Co shares.
Step 1: Figure out where to buy Allegiant Travel Co stock
You need an online brokerage account in order to access the NASDAQ market and buy ALGT shares.
A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in ALGT today.
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Step 4: Evaluate Allegiant Travel Co stock
After you have selected the best place to buy Allegiant Travel Co stock, it's very important to evaluate their stock prior to buying, so you can understand the risk and opportunity.
Allegiant Travel Co shares at a glance
ALGT Price
$75.21
1w %
4.45%
1y %
-12.55%
5y %
-40.68%
P/E
11.9x
P/B
1.04x
P/S
0.54x
PEG
0.11x
Revenue
$2.51B
Earnings
$117.60M
Fore. Rev. Growth
10.31%
Fore. Earn. Growth
120.26%
Market Cap
$1.38B
Next Earnings
May 1, 2024
Next Dividend
N/A
ALGT Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis in less time.
ALGT has $831.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $105.23M.
ALGT profit margin has gone up from 0.1% to 4.7% in the past year.
ALGT has cash burn of 105228000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that ALGT is not financially healthy:
ALGT has a relatively high debt to equity ratio of 2.67.
There are more short-term liabilities than short-term assets on the ALGT balance sheet.
Total ALGT debt is higher than 5 years ago, relative to shareholder equity.
There are more long-term liabilities than short-term assets on the ALGT balance sheet.
Is ALGT stock a Buy, Hold, or Sell, according to analysts?
Out of 6 Wall Street analysts who track ALGT, the consensus analyst rating on ALGT is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest ALGT Analyst Upgrades/Downgrades
Daniel Mckenzie, a top 38% analyst from Seaport Global maintains ALGT with a buy rating and lowers their ALGT price target from $115.00 to $110.00, on Sep 29, 2023.
Last year, ALGT earnings were $117.60M. During the past 5 year, ALGT's earnings have grown by -8.81% per year. This was slower than the Airlines industry average of -6.03%.
Last year, ALGT revenue was $2.51B. Over the past five year, ALGT's revenue has gone up by 8.52% per year. This was faster than the Airlines industry average of 5.2%.
Allegiant Travel Co pays a dividend of 2.39%, compared to the Airlines industry's average dividend yield of 5.6%. If you owned $1,000 of ALGT stock, you would have been paid $23.93 last year.
Allegiant Travel Co dividend payments have not consistently grown over the past decade and have not remained stable.
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Step 5: Execute your ALGT trade
You have two main options:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are generally the best for newer investors.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open button and eToro will place the order.
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How much does it cost to buy one Allegiant Travel Co share?
As of Mar 28, 2024, it costs $75.21 to buy one share of Allegiant Travel Co stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.133 shares of ALGT.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.