Allegiant Travel Stock Analysis
| ALGT Stock | USD 57.50 4.06 7.60% |
Allegiant Travel is overvalued with Real Value of 53.47 and Hype Value of 56.22. The main objective of Allegiant Travel stock analysis is to determine its intrinsic value, which is an estimate of what Allegiant Travel is worth, separate from its market price. There are two main types of Allegiant Travel's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Allegiant Travel's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Allegiant Travel's stock to identify patterns and trends that may indicate its future price movements.
The Allegiant Travel stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Allegiant Travel is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Allegiant Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Allegiant Travel's ongoing operational relationships across important fundamental and technical indicators.
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Allegiant Stock Analysis Notes
About 17.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.84. Some equities with similar Price to Book (P/B) outperform the market in the long run. Allegiant Travel last dividend was issued on the 14th of May 2024. Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada. Allegiant Travel operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5226 people. For more info on Allegiant Travel please contact John Redmond at 702 851 7300 or go to https://www.allegiantair.com.Allegiant Travel Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Allegiant Travel's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Allegiant Travel or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Allegiant Travel generated a negative expected return over the last 90 days | |
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Crexendo, Inc. Q1 2024 Earnings Call Transcript |
Allegiant Travel Upcoming and Recent Events
Earnings reports are used by Allegiant Travel to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allegiant Travel previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Allegiant Travel Thematic Classifications
In addition to having Allegiant Travel stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Allegiant Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 974.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allegiant Travel's market, we take the total number of its shares issued and multiply it by Allegiant Travel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Allegiant Profitablity
Allegiant Travel's profitability indicators refer to fundamental financial ratios that showcase Allegiant Travel's ability to generate income relative to its revenue or operating costs. If, let's say, Allegiant Travel is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Allegiant Travel's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Allegiant Travel's profitability requires more research than a typical breakdown of Allegiant Travel's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04. Technical Drivers
As of the 14th of May 2024, Allegiant Travel shows the Risk Adjusted Performance of (0.1), mean deviation of 1.8, and Standard Deviation of 2.47. Allegiant Travel technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Allegiant Travel, which can be compared to its peers. Please confirm Allegiant Travel standard deviation and value at risk to decide if Allegiant Travel is priced correctly, providing market reflects its regular price of 57.5 per share. Given that Allegiant Travel has information ratio of (0.20), we suggest you to validate Allegiant Travel's prevailing market performance to make sure the company can sustain itself at a future point.Allegiant Travel Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Allegiant Travel middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Allegiant Travel. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Allegiant Travel Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allegiant Travel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allegiant Travel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allegiant Travel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Allegiant Travel Outstanding Bonds
Allegiant Travel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Allegiant Travel uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Allegiant bonds can be classified according to their maturity, which is the date when Allegiant Travel has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Allegiant Travel Predictive Daily Indicators
Allegiant Travel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allegiant Travel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 57.5 | |||
| Day Typical Price | 57.5 | |||
| Price Action Indicator | 2.03 | |||
| Period Momentum Indicator | 4.06 |
Allegiant Travel Forecast Models
Allegiant Travel's time-series forecasting models are one of many Allegiant Travel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allegiant Travel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Allegiant Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Allegiant Travel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allegiant shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Allegiant Travel. By using and applying Allegiant Stock analysis, traders can create a robust methodology for identifying Allegiant entry and exit points for their positions.
Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada. Allegiant Travel operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5226 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Allegiant Travel to your portfolios without increasing risk or reducing expected return.Did you try this?
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Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegiant Travel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Allegiant Stock please use our How to Invest in Allegiant Travel guide.Note that the Allegiant Travel information on this page should be used as a complementary analysis to other Allegiant Travel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Allegiant Stock analysis
When running Allegiant Travel's price analysis, check to measure Allegiant Travel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.
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Is Allegiant Travel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegiant Travel. If investors know Allegiant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegiant Travel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Allegiant Travel is measured differently than its book value, which is the value of Allegiant that is recorded on the company's balance sheet. Investors also form their own opinion of Allegiant Travel's value that differs from its market value or its book value, called intrinsic value, which is Allegiant Travel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegiant Travel's market value can be influenced by many factors that don't directly affect Allegiant Travel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegiant Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegiant Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegiant Travel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.