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 $53.03, down 5.25% from the previous day, and has decreased 24.54% in one year. It has underperformed other stocks in the Airlines industry by 0.27 percentage points. Allegiant Travel Co stock is currently +46.96% from its 52-week low of $36.09, and -50.7% from its 52-week high of $107.57.
At the moment, there are 18.34M ALGT shares outstanding. The market value of ALGT is $972.48M. In the last 24 hours, 518,756 ALGT shares were traded.
How to Buy Allegiant Travel Co Stock
Not sure how to invest in Allegiant Travel Co stock? Here's how.
- Figure out where to buy Allegiant Travel Co stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Allegiant Travel Co stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment 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 research website can help you evaluate 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 keep track of your investment in Allegiant Travel Co stock.
Step 1: Figure out where to buy Allegiant Travel Co stock
You will need a brokerage account in order to access the NASDAQ market and buy ALGT shares.
Our recommended brokerage: eToro
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- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy ALGT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on one of the most highly reviewed stock apps, you need to deposit funds:
Watch this video walkthrough if you need help depositing funds into your investment account.
Step 4: Evaluate Allegiant Travel Co stock
Once you have selected the best place to buy Allegiant Travel Co stock, it's critical to analyze their stock prior to buying, so you actually understand the risk and upside.
Allegiant Travel Co Metrics
Fundamentals of ALGT
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on ALGT's stock page.
Is ALGT stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ALGT's intrinsic value.
Using relative valuations metrics:
- ALGT could be undervalued based on its P/B ratio of 0.89x, relative to Airlines industry P/B ratio of 2.75x
You can do more valuation analysis on ALGT's stock here.
A look at ALGT Cashflows and Balance Sheet
Signs that ALGT is not financially healthy:
- 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 3.07.
- ALGT profit margin has gone down from 4.7% to -9.6% in the past year.
- ALGT earnings of -$152.01M is not sufficient to cover its interest payments.
- Total ALGT debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the ALGT balance sheet.
- ALGT's operating cash flow of $338.46M allows it to safely service it's debt of $2.15B.
Is it a good time to buy ALGT stock, according to analysts?
Out of 9 sell side analysts who track ALGT, the consensus analyst rating on Allegiant Travel Co is a Hold
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent ALGT Analyst Forecasts
Christopher Stathoulopoulos, a top 5% analyst from Susquehanna maintains ALGT with a hold rating and raises their ALGT price target from $60.00 to $105.00, on Jan 7, 2025.
Savanthi Syth, a top 10% analyst from Raymond James maintains ALGT with a buy rating and raises their ALGT price target from $75.00 to $110.00, on Dec 30, 2024.
Helane Becker, a bottom 12% analyst from TD Cowen maintains ALGT with a hold rating and raises their ALGT price target from $50.00 to $70.00, on Dec 17, 2024.
Duane Pfennigwerth, a top 13% analyst from Evercore ISI Group maintains ALGT with a hold rating and raises their ALGT price target from $60.00 to $65.00, on Oct 3, 2024.
You can dig deeper into what analysts are forecasting on the Allegiant Travel Co stock forecast page.
ALGT Momentum
Is ALGT Making Money?
Last year, ALGT revenue was $2.51B. In the past 5 year, ALGT's revenue has increased by 6.42% per year. This was slower than the Airlines industry average of 9.99%.
Dig into ALGT's earnings and revenue performance here.
Latest Insiders Trades at ALGT
In the last 12 months, insiders at ALGT have sold more shares than they have bought.
Micah John Richins, President Sunseeker Resorts of ALGT, was the latest ALGT insider to sell. They sold $27,830.25 worth of ALGT shares on Feb 10, 2025.
Learn more about who owns ALGT stock here.
Does ALGT stock generate passive income?
No, Allegiant Travel Co doesn't provide an income stream by paying out dividends.
ALGT Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
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 allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Track your ALGT investment
Now that you own some shares in ALGT, you'll want to keep up with your shares.
Put ALGT on a watchlist to get the latest updates about your ALGT stock.
ALGT Feed
How to Buy Stock in Allegiant Travel Co
To reiterate, here are the 6 steps for buying Allegiant Travel Co stock:
- Figure out where to buy Allegiant Travel Co stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Allegiant Travel Co stock
- Execute your ALGT trade
- Track your ALGT investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Allegiant Travel Co, create your watchlist below.
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