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ALGT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
86.410
Open
80.000
VWAP
84.15
Vol
871.33K
Mkt Cap
2.31B
Low
80.000
Amount
73.32M
EV/EBITDA(TTM)
6.56
Total Shares
26.88M
EV
3.04B
EV/OCF(TTM)
6.53
P/S(TTM)
0.55
Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company operates through Airline segment. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. Its scheduled service air transportation provides scheduled air transportation on limited-frequency, nonstop flights predominantly between under-served cities and leisure destinations. Its ancillary air-related products and services provide unbundled air-related services and products in with air transportation. Its third party products and services offer third party travel products such as hotel rooms, rental cars, and travel insurance from a third party insurer for sale to our passengers.
Show More

Events Timeline

(ET)
2026-05-18
09:20:00
Allegiant Selects Navan as Employee Travel Management Platform
select
2026-04-30 (ET)
2026-04-30
16:10:00
Allegiant Expects Q2 Capacity to Decrease 6.5% Year-over-Year
select
2026-04-30
16:10:00
Allegiant Travel Reports Q1 Revenue of $732.4M, Exceeding Expectations
select
2026-04-20 (ET)
2026-04-20
16:10:00
Allegiant Travel Expands Board to 11 Members
select
2026-04-15 (ET)
2026-04-15
17:10:00
Allegiant Travel and Sun Country Airlines Approved by DOT
select

News

PRnewswire
8.5
06-09PRnewswire
PinnedAllegiant Travel Company Launches $500 Million Senior Secured Notes Offering
  • Offering Size: Allegiant Travel Company has commenced a private offering of $500 million in Senior Secured Notes due 2031, aimed at optimizing its capital structure and reducing financing costs.
  • Guarantee Structure: All subsidiaries, except for Dustland, LLC and certain insignificant subsidiaries, will guarantee the Notes, ensuring investor protection, while the Notes will be secured by a substantial portion of the Company's and Guarantors' assets, enhancing security.
  • Use of Proceeds: The net proceeds from the Notes will be used to fully refinance the existing $403 million 7.25% Senior Secured Notes and the remaining balance for general corporate purposes, aiming to improve financial flexibility and operational efficiency.
  • Market Positioning: Allegiant, through Allegiant Air and Sun Country Airlines, serves approximately 22 million customers across 650 routes, committed to providing affordable travel options, enhancing customer experience, and driving long-term value growth.
seekingalpha
8.5
06-10seekingalpha
Allegiant Travel Company Upsizes $650M Senior Secured Notes Offering
  • Upsized Offering: Allegiant Travel Company increased its bond offering from $500 million to $650 million, with a coupon rate of 7.125%, reflecting strong market demand and enhancing its capital structure.
  • Clear Use of Proceeds: The proceeds from the bond issuance will be used to fully repay existing debt along with related interest and fees, with remaining funds allocated for general corporate purposes, thereby optimizing the company's financial position and supporting future operational needs.
  • Asset Backing: The new bonds and related guarantees will be secured by most of the company's and guarantors' assets, excluding aircraft, engines, and real estate, which enhances the security of the bonds and reduces investor risk.
  • Issuance Timeline: These bonds are expected to be issued on June 24, 2026, and the financing plan will support the company's future financial flexibility, helping it maintain a competitive edge in the challenging airline market.
PRnewswire
8.5
06-10PRnewswire
Allegiant Travel Company Issues $650 Million in Senior Secured Notes
  • Increased Offering Size: Allegiant Travel Company has agreed to sell $650 million of 7.125% Senior Secured Notes at an offering price of 99.479%, increasing the offering size by $150 million from the previously announced $500 million, indicating strong market demand for its financing needs.
  • Guarantee Structure: The Notes will be guaranteed by all subsidiaries except for Dustland, LLC and certain insignificant subsidiaries, with collateral covering nearly all of the company's properties and assets, enhancing the security and attractiveness of the offering.
  • Clear Use of Proceeds: The company plans to use the net proceeds from the Notes to fully refinance its existing $403 million 7.25% Senior Secured Notes and related costs, with the remaining funds allocated for general corporate purposes, ensuring financial flexibility and operational stability.
  • Compliance and Market Positioning: The Notes are not registered under the Securities Act of 1933 and are being offered only to qualified institutional buyers, reflecting the company's cautious approach to compliance while also indicating its positioning in the capital markets.
Newsfilter
8.5
06-10Newsfilter
Allegiant Sells $650 Million Senior Secured Notes
  • Increased Offering Size: Allegiant Travel Company has raised the offering size of its 7.125% Senior Secured Notes from $500 million to $650 million, reflecting strong market interest in its financing needs, with issuance expected on June 24, 2026, thereby enhancing the company's capital structure.
  • Robust Guarantee Structure: The notes will be guaranteed by the company and most of its subsidiaries, ensuring investor rights, with collateral covering nearly all properties and assets except for specific items like aircraft and real estate, which enhances the security of the debt.
  • Clear Use of Proceeds: The company plans to use the net proceeds from the notes to fully refinance its existing $403 million 7.25% Senior Secured Notes and related costs, which will help reduce financial costs and optimize its capital structure, thereby improving financial flexibility.
  • Defined Market Positioning: By focusing on qualified institutional buyers through this private offering, Allegiant reinforces its positioning in the capital markets, further solidifying its competitive advantage in the airline travel industry, serving approximately 22 million customers annually.
seekingalpha
8.5
06-09seekingalpha
Allegiant Travel Initiates $403M Bond Buyback Offer
  • Bond Buyback Initiative: Allegiant Travel has initiated a tender offer to repurchase $403 million of senior secured notes due in 2027, aiming to optimize its capital structure and reduce financial risk.
  • Covenant Amendments: The company is also soliciting bondholder consent to amend most restrictive covenants and modify certain default provisions, which is intended to enhance financial flexibility and support future financing efforts.
  • Financing Conditions: The tender offer and consent solicitation are contingent upon several conditions, including the successful completion of planned debt financing, indicating a cautious approach to financial management by the company.
  • Flexibility Retention: Allegiant Travel reserves the right to extend, modify, or terminate either process at any time before the expiration deadline, demonstrating its ability to adapt to market changes effectively.
PRnewswire
8.5
06-09PRnewswire
Allegiant Initiates Tender Offer for Senior Secured Notes
  • Tender Offer Announcement: Allegiant Travel Company has announced a cash tender offer to repurchase its outstanding $403 million 7.250% Senior Secured Notes, aimed at optimizing its capital structure and reducing financial costs, thereby enhancing financial flexibility.
  • Proposed Amendments: The tender offer includes proposed amendments to the indenture governing the notes, which aim to eliminate most restrictive covenants and certain events of default, facilitating greater flexibility in future financing activities and improving market competitiveness.
  • Early Tender Incentive: Holders who validly tender their notes by June 23, 2026, will be eligible for a total consideration of $1,005 per $1,000 principal amount, which includes $955 for the notes and a $50 early tender premium, a strategy designed to incentivize participation and increase the likelihood of a successful offer.
  • Future Redemption Plans: Should any notes remain unpurchased by August 15, 2026, Allegiant may opt to redeem all outstanding notes by notifying the trustee, reflecting the company's proactive approach to debt management aimed at maintaining investor confidence and optimizing its capital structure.
Wall Street analysts forecast ALGT stock price to rise
12 Analyst Rating
Wall Street analysts forecast ALGT stock price to rise
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
65.00
Averages
104.75
High
130.00
Current: 0.000
sliders
Low
65.00
Averages
104.75
High
130.00
BofA
Neutral
maintain
$90 -> $100
AI Analysis
2026-06-02
Reason
BofA
Price Target
$90 -> $100
AI Analysis
2026-06-02
maintain
Neutral
Reason
BofA raised the firm's price target on Allegiant Travel to $100 from $90 and keeps a Neutral rating on the shares. The firm is updating estimates post the Sun Country acquisition closing on May 13, the analyst tells investors.
UBS
Neutral
maintain
$90 -> $93
2026-03-23
Reason
UBS
Price Target
$90 -> $93
2026-03-23
maintain
Neutral
Reason
UBS raised the firm's price target on Allegiant Travel (ALGT) to $93 from $90 and keeps a Neutral rating on the shares. Jet fuel prices have risen toward $5/gallon on the Gulf Coast, prompting a preference for higher-quality airlines like Delta Air Lines (DAL) and United Airlines (UAL) with stronger margins, while carriers with idiosyncratic demand drivers like Southwest Airlines (LUV) may also fare relatively well, the analyst tells investors in a research note. Despite March RASM gains largely driven by favorable demand-supply conditions, elevated fuel costs are expected to weigh on Q2 earnings, even as fare increases contribute more to revenue, the firm says.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ALGT
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Valuation Metrics

The current forward P/E ratio for Allegiant Travel Co (ALGT.O) is 18.25, compared to its 5-year average forward P/E of 31.74. For a more detailed relative valuation and DCF analysis to assess Allegiant Travel Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
31.74
Current PE
18.25
Overvalued PE
86.81
Undervalued PE
-23.34

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
6.87
Current EV/EBITDA
5.38
Overvalued EV/EBITDA
8.98
Undervalued EV/EBITDA
4.75

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.72
Current PS
0.72
Overvalued PS
1.14
Undervalued PS
0.31

Financials

AI Analysis
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Quarterly

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Whales Holding ALGT

E
Emerald Advisers, LLC
Holding
ALGT
+23.74%
3M Return
H
Heartland Advisors, Inc.
Holding
ALGT
+13.03%
3M Return
D
Donald Smith & Co., Inc.
Holding
ALGT
+10.21%
3M Return
P
Par Capital Management, Inc.
Holding
ALGT
+9.75%
3M Return
A
azValor Asset Management SGIIC, S.A.U.
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ALGT
+0.08%
3M Return

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Frequently Asked Questions

What is Allegiant Travel Co (ALGT) stock price today?

The current price of ALGT is 86.04 USD — it has increased 7.35

What is Allegiant Travel Co (ALGT)'s business?

Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company operates through Airline segment. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. Its scheduled service air transportation provides scheduled air transportation on limited-frequency, nonstop flights predominantly between under-served cities and leisure destinations. Its ancillary air-related products and services provide unbundled air-related services and products in with air transportation. Its third party products and services offer third party travel products such as hotel rooms, rental cars, and travel insurance from a third party insurer for sale to our passengers.

What is the price predicton of ALGT Stock?

Wall Street analysts forecast ALGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALGT is104.75 USD with a low forecast of 65.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Allegiant Travel Co (ALGT)'s revenue for the last quarter?

Allegiant Travel Co revenue for the last quarter amounts to 732.43M USD, increased 4.77

What is Allegiant Travel Co (ALGT)'s earnings per share (EPS) for the last quarter?

Allegiant Travel Co. EPS for the last quarter amounts to 2.30 USD, increased 32.95

How many employees does Allegiant Travel Co (ALGT). have?

Allegiant Travel Co (ALGT) has 5616 emplpoyees as of June 12 2026.

What is Allegiant Travel Co (ALGT) market cap?

Today ALGT has the market capitalization of 2.31B USD.