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How to Buy Allegiant Travel Co Stock

Allegiant Travel Co

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 $52.85, down 2.72% from the previous day, and has decreased 57.5% in one year. It has underperformed other stocks in the Airlines industry by 0.43 percentage points. Allegiant Travel Co stock is currently +12.7% from its 52-week low of $46.90, and -59.63% from its 52-week high of $130.93.

As of Jun 18, 2024, there are 18.23M ALGT shares outstanding. The market capitalization of ALGT is $963.58M. In the past 24 hours, 363,309 ALGT shares were traded.

How to Buy Allegiant Travel Co Stock

Wondering how to invest in Allegiant Travel Co stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. 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).
  5. 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.
  6. 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 3: Deposit funds into your investment account

Now that you have opened your account on the best stock trading app for beginners, you need to deposit funds:

Watch the video below to see the process of transferring money into your brokerage account.

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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
$52.85
1w %
-0.25%
1y %
-57.5%
5y %
-62.88%
P/E
16.67x
P/B
0.73x
P/S
0.37x
PEG
0.35x
Revenue
$2.52B
Earnings
$60.53M
Fore. Rev. Growth
8.71%
Fore. Earn. Growth
52.9%
Market Cap
$963.58M
Next Earnings
Jun 26, 2024
Next Dividend
N/A

ALGT Due Diligence Checks

WallStreetZen was designed to help average investors do better fundamental analysis in less time.

You can see all of the due diligence checks on ALGT's stock page.

What is the fair value of ALGT stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ALGT's fair value.

Using relative valuations ratios:

  • ALGT may be overvalued based on its P/E ratio of 16.67x, relative to Airlines industry P/E ratio of 15.49x
  • ALGT may be undervalued based on its P/B ratio of 0.73x, relative to Airlines industry P/B ratio of 2.78x
  • ALGT could be undervalued based on its PEG ratio of 0.35x

You can do more valuation research on ALGT's stock here.

ALGT Financials at a glance

Signs that ALGT is financially healthy:

  • ALGT has $826.73M in cash and short term investments. This is sufficient to cover its annual cash burn of $154.80M.
  • ALGT has cash burn of 154802000. It has sufficient cash and short-term investments to cover this for at least one year.

Signs that ALGT is not financially healthy:

  • Total ALGT debt is higher than 5 years ago, relative to shareholder equity.
  • ALGT profit margin has gone down from 2.7% to 2.4% in the past year.
  • There are more long-term liabilities than short-term assets on the ALGT balance sheet.
  • ALGT has a relatively high debt to equity ratio of 2.73.
  • There are more short-term liabilities than short-term assets on the ALGT balance sheet.

Is ALGT stock a Buy, Hold, or Sell, according to analysts?

Out of 5 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.

You can dig deeper into what analysts are saying on the Allegiant Travel Co stock forecast page.

ALGT Technicals

SMA10
53.14
SMA20
51.78
SMA50
55.36
SMA100
64.76
SMA200
69.91
MACD
-0.53
MACD Signal
-0.98
MACD Histogram
0.45
RSI
48
Stochastic %K
57.35
Stochastic %D
61.93
StochRSI %K
68.78
StochRSI %D
77.4

Is ALGT Growing Revenue?

Last year, ALGT earnings were $60.53M. In the past five year, ALGT's earnings have grown by -20.72% per year. This was slower than the Airlines industry average of -3.2%.

Last year, ALGT revenue was $2.52B. Over the past five year, ALGT's revenue has gone up by 8.24% per year. This was faster than the Airlines industry average of 7.15%.

You can analyze ALGT's earnings and revenue performance here.

Who is buying/selling ALGT?

In the last year, insiders at ALGT have sold more shares than they have bought.

Robert Paul Wilson Iii, EVP and CIO of ALGT, was the latest ALGT insider to sell. They sold $39,750.00 worth of ALGT stock on Jun 4, 2024.

Get more info about who owns ALGT stock here.

Can I rely on ALGT as an income stream?

Allegiant Travel Co pays a dividend of 4.54%, compared to the Airlines industry's average dividend yield of 6.17%. If you owned $1,000 worth of ALGT stock, you would have been paid $45.41 in the past year.

Allegiant Travel Co dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more info about Allegiant Travel Co dividend yield and history here.

What do other investors have to say about ALGT?

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Step 5: Execute your ALGT trade

There are 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 usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.

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Step 6: Track your ALGT investment

Now that you own some ALGT shares, you'll want to keep up with your investment.

Start a watchlist to track the latest developments regarding your ALGT stock.

ALGT Feed

How to Buy Stock in Allegiant Travel Co

To summarize, here are the 6 steps you need to take to buy Allegiant Travel Co stock right now:

  1. Figure out where to buy Allegiant Travel Co stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Allegiant Travel Co stock
  5. Execute your ALGT trade
  6. Track your ALGT investment

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Allegiant Travel Co, hit the button below to create your watchlist.

NASDAQ: ALGT
$52.85-1.48 (-2.72%)
Updated Jun 18, 2024
Open eToro Account
NASDAQ: ALGT
$52.85-1.48 (-2.72%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Allegiant Travel Co share?

As of Jun 18, 2024, it costs $52.85 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 0.189 shares of ALGT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Allegiant Travel Co stock?

According to 5 Wall Street analysts who monitor Allegiant Travel Co, their consensus recommendation is to hold Allegiant Travel Co stock.

What is the best way to buy Allegiant Travel Co stock?

One way to place an order for Allegiant Travel Co stock is with a brokerage account.
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.