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How to buy Allegiant Travel Company shares | $132.56

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Allegiant Travel Company is an airlines business with stocks listed in the US. Allegiant Travel Company shares (ALGT) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was US$132.56 – an increase of 3.9% over the previous week.

How to buy shares in Allegiant Travel Company

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Allegiant Travel Company. Find the share by name or ticker symbol: ALGT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Allegiant Travel Company reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$132.56, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Allegiant Travel Company, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Allegiant Travel Company. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Allegiant Travel Company's share price?

Since the stock market crash in March caused by coronavirus, Allegiant Travel Company's share price has had significant negative movement.

Its last market close was US$132.56, which is 18.60% down on its pre-crash value of US$162.86 and 120.71% up on the lowest point reached during the March crash when the shares fell as low as US$60.06.

If you had bought US$1,000 worth of Allegiant Travel Company shares at the start of February 2020, those shares would have been worth US$432.41 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth US$799.34.

Allegiant Travel Company share price

Use our graph to track the performance of ALGT stocks over time.

Allegiant Travel Company shares at a glance

Information last updated 2020-10-14.
Latest market closeUSD$132.56
52-week rangeUSD$60.06 - USD$183.26
50-day moving average USD$127.7134
200-day moving average USD$106.7612
Target priceUSD$150.92
PE ratio 12.7309
Dividend yield USD$2.8 (3.75%)
Earnings per share (TTM) USD$8.686

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Is it a good time to buy Allegiant Travel Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Allegiant Travel Company price performance over time

Historical closes compared with the close of $132.56 on 2020-10-19

1 week (2020-10-15) 1.74%
1 month (2020-09-22) 4.48%
3 months (2020-07-22) 17.13%
6 months (2020-04-22) 86.49%
1 year (2019-10-22) -13.38%
2 years (2018-10-22) 9.48%
3 years (2017-10-20) -5.52%
5 years (2015-10-22) -34.05%

Is Allegiant Travel Company under- or over-valued?

Valuing Allegiant Travel Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Allegiant Travel Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Allegiant Travel Company's P/E ratio

Allegiant Travel Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Allegiant Travel Company shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Allegiant Travel Company's EBITDA

Allegiant Travel Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$301.5 million (£233 million).

The EBITDA is a measure of a Allegiant Travel Company's overall financial performance and is widely used to measure a its profitability.

Allegiant Travel Company financials

Revenue TTM US$1.4 billion
Operating margin TTM 12.45%
Gross profit TTM US$673.6 million
Return on assets TTM 3.58%
Return on equity TTM -2.81%
Profit margin -1.5%
Book value 46.193
Market capitalisation US$2.1 billion

TTM: trailing 12 months

Shorting Allegiant Travel Company shares

There are currently 1.9 million Allegiant Travel Company shares held short by investors – that's known as Allegiant Travel Company's "short interest". This figure is 4.5% down from 2.0 million last month.

There are a few different ways that this level of interest in shorting Allegiant Travel Company shares can be evaluated.

Allegiant Travel Company's "short interest ratio" (SIR)

Allegiant Travel Company's "short interest ratio" (SIR) is the quantity of Allegiant Travel Company shares currently shorted divided by the average quantity of Allegiant Travel Company shares traded daily (recently around 205471.72489083). Allegiant Travel Company's SIR currently stands at 9.16. In other words for every 100,000 Allegiant Travel Company shares traded daily on the market, roughly 9160 shares are currently held short.

However Allegiant Travel Company's short interest can also be evaluated against the total number of Allegiant Travel Company shares, or, against the total number of tradable Allegiant Travel Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Allegiant Travel Company's short interest could be expressed as 0.12% of the outstanding shares (for every 100,000 Allegiant Travel Company shares in existence, roughly 120 shares are currently held short) or 0.1981% of the tradable shares (for every 100,000 tradable Allegiant Travel Company shares, roughly 198 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Allegiant Travel Company.

Find out more about how you can short Allegiant Travel Company stock.

Allegiant Travel Company share dividends

56%

Dividend payout ratio: 55.78% of net profits

Recently Allegiant Travel Company has paid out, on average, around 55.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Allegiant Travel Company shareholders could enjoy a 3.75% return on their shares, in the form of dividend payments. In Allegiant Travel Company's case, that would currently equate to about $2.8 per share.

Allegiant Travel Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Allegiant Travel Company's most recent dividend payout was on 11 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 February 2020 (the "ex-dividend date").

Allegiant Travel Company share price volatility

Over the last 12 months, Allegiant Travel Company's shares have ranged in value from as little as US$60.06 up to US$183.26. A popular way to gauge a stock's volatility is its "beta".

ALGT.US volatility(beta: 1.54)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Allegiant Travel Company's is 1.5367. This would suggest that Allegiant Travel Company's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Allegiant Travel Company overview

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2020, it operated a fleet of 94 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, advance seat assignments, travel protection products, change fees, priority boarding, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company leases spare engines to a third party; offers management solutions to golf courses; and operates a golf course and family entertainment centers. Allegiant Travel Company was founded in 1997 and is headquartered in Las Vegas, Nevada.

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