
Allegiant Air's stock price has historically been volatile, with a standard deviation of 55.6% over the past 5 years.
The airline's market capitalization has been steadily increasing, reaching $4.3 billion in 2022.
Allegiant Air's revenue has grown consistently, with a compound annual growth rate (CAGR) of 10.2% from 2017 to 2022.
The airline's operating margin has been around 10% in recent years, indicating a relatively stable financial performance.
Allegiant Air's stock price has been influenced by the COVID-19 pandemic, with a significant decline in 2020 due to reduced travel demand.
The airline has been working to recover from the pandemic, with a focus on cost-cutting measures and revenue growth initiatives.
Financial Performance
Allegiant Air's financial performance has been on the rise in recent years. In 2023, the company's revenue reached $2.51 billion, a 9.04% increase from the previous year.
The company's earnings also saw a significant boost, with a 4508.21% increase to $113.41 million.
Here's a breakdown of Allegiant Air's revenue growth over the past few years:
This increase in revenue is a testament to the company's growing success and expansion in the airline industry.
Investor Information
If you're considering Allegiant Air stock, you should know that its shareholder returns have been impressive, with a 29.5% gain over the past year.
The airline industry as a whole has seen even stronger returns, with a 62% increase over the same period. This means Allegiant Air underperformed its industry peers.
However, if you're looking for a stock that exceeded the market, Allegiant Air is a good option, having outpaced the US Market's 22.7% return over the past year.
Dividend Calendar
The Dividend Calendar is a valuable resource for investors, providing a clear picture of a company's dividend history.
Allegiant Travel Co. has a dividend history dating back to 2009, with the first recorded dividend payment of $0.75 per share in 2010.
To understand the company's dividend trend, let's take a closer look at the dividend calendar. Here's a breakdown of Allegiant Travel Co.'s dividend payments from 2010 to 2023:
As you can see, Allegiant Travel Co.'s dividend payments have ranged from $0.00 to $2.80 per share over the years. The highest dividend payment was in 2019, with a yield of 1.61%.
Shareholder Returns
Shareholder Returns can be a great indicator of a company's performance. ALGT, or the company in question, has seen a 29.5% return over the past year, which is a significant increase.
However, it's worth noting that this return is lower than the industry average, which is 62.0% over the same period. This suggests that ALGT may not be performing as well as its competitors.
Here's a quick comparison of ALGT's returns to the industry and market averages:
This table shows that ALGT has underperformed the industry in the short term, but has still managed to beat the market average over the past year.
Forecast and Estimates
Analysts are predicting a decrease in ALGT stock price by -18.66% to $83.8 in the next 12 months.
The average rating for ALGT stock is "Hold" according to 10 analysts. This suggests a neutral outlook on the stock.
Here are the earnings estimates for the next few quarters:
The revenue estimates for the next few years are also available:
Analyst Forecast
According to 10 analysts, the average rating for ALGT stock is "Hold." This is a conservative stance, indicating that the analysts are not overly optimistic or pessimistic about the stock's performance.
The 12-month stock price forecast is $83.8, which is a decrease of -18.66% from the latest price. This suggests that the analysts expect the stock to decline in value over the next year.
Here's a breakdown of the analysts' estimates:
As you can see, the analysts' estimates for 2025 and 2026 are quite high, with an average estimate of $6.510 USD for 2025 and $8.991 USD for 2026. This suggests that the analysts expect the company to experience significant growth over the next two years.
Calendar
As we dive into the world of forecasting and estimates, it's essential to have a clear understanding of the key events that shape the Allegiant Travel calendar.
Allegiant Travel has several earnings reports scheduled throughout 2025 and 2026.
The first earnings report is expected to be released on February 4, 2025, with an estimated value of 2.074 USD for Q4 2024.
Here's a breakdown of the upcoming earnings reports:
These reports will provide valuable insights into Allegiant Travel's financial performance and help investors make informed decisions.
Frequently Asked Questions
Is Allegiant Air a good stock to buy?
Allegiant Air's stock has a mixed analyst consensus, with 1 buy and 9 hold or sell ratings. Consider reading more about the company's price target of $80.11 and analyst opinions before making a decision.
Did Allegiant stock split?
No, Allegiant Travel stock has not had any splits in its history. This means the company has maintained its original stock price and structure over time.
Is Allegiant a publicly traded company?
Yes, Allegiant is a publicly traded company, with its common stock listed on the NASDAQ Global Market under the symbol ALGT.
Does Allegiant pay dividends?
Yes, Allegiant Travel Company pays dividends, with a dividend yield of 1.31% and a payout of $1.20 per share in the past year.
How much is Allegiant Air worth?
Allegiant Air's market value is approximately $1.67 billion USD. This ranks the airline as the world's 4631st most valuable company by market capitalization.
Featured Images: pexels.com