Allegiant Travel Net Worth
Allegiant Travel Net Worth Breakdown | ALGT |
Allegiant Travel Net Worth Analysis
Allegiant Travel's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Allegiant Travel's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Allegiant Travel's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Allegiant Travel's net worth analysis. One common approach is to calculate Allegiant Travel's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Allegiant Travel's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Allegiant Travel's net worth. This approach calculates the present value of Allegiant Travel's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Allegiant Travel's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Allegiant Travel's net worth. This involves comparing Allegiant Travel's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Allegiant Travel's net worth relative to its peers.
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To determine if Allegiant Travel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Allegiant Travel's net worth research are outlined below:
| Allegiant Travel appears to be risky and price may revert if volatility continues | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Allegiant Travel Up 24.6 percent Since Last Earnings Report Can It Continue |
Allegiant Travel uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Allegiant Travel. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allegiant Travel's 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 |
Know Allegiant Travel's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Allegiant Travel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Allegiant Travel backward and forwards among themselves. Allegiant Travel's institutional investor refers to the entity that pools money to purchase Allegiant Travel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Balyasny Asset Management Llc | 2024-09-30 | 496.1 K | American Century Companies Inc | 2024-09-30 | 491.6 K | Geode Capital Management, Llc | 2024-09-30 | 364.8 K | Clearbridge Advisors, Llc | 2024-09-30 | 271 K | Charles Schwab Investment Management Inc | 2024-09-30 | 257.5 K | Schonfeld Strategic Advisors Llc | 2024-09-30 | 216.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 215.5 K | Millennium Management Llc | 2024-06-30 | 169.5 K | Katahdin Capital | 2024-09-30 | 157 K | Blackrock Inc | 2024-06-30 | 2.6 M | Vanguard Group Inc | 2024-09-30 | 1.7 M |
Follow Allegiant Travel's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.5 B.Market Cap |
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Project Allegiant Travel's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.09 | 0.08 |
When accessing Allegiant Travel's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Allegiant Travel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Allegiant Travel's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Allegiant Travel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Allegiant Travel. Check Allegiant Travel's Beneish M Score to see the likelihood of Allegiant Travel's management manipulating its earnings.
Evaluate Allegiant Travel's management efficiency
Allegiant Travel has return on total asset (ROA) of 0.0109 % which means that it generated a profit of $0.0109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0197) %, meaning that it created substantial loss on money invested by shareholders. Allegiant Travel's management efficiency ratios could be used to measure how well Allegiant Travel manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.02 in 2024. Return On Capital Employed is likely to drop to 0.06 in 2024. At this time, Allegiant Travel's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 1.3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 74.04 | 77.74 | |
| Tangible Book Value Per Share | 74.04 | 77.74 | |
| Enterprise Value Over EBITDA | 7.55 | 7.93 | |
| Price Book Value Ratio | 1.12 | 1.06 | |
| Enterprise Value Multiple | 7.55 | 7.93 | |
| Price Fair Value | 1.12 | 1.06 | |
| Enterprise Value | 4.2 B | 4.4 B |
At Allegiant Travel, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue 1.2095 | Revenue 2.5 B | Quarterly Revenue Growth (0.01) | Revenue Per Share 139.534 | Return On Equity (0.02) |
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 Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Allegiant Travel Earnings per Share Projection vs Actual
Allegiant Travel Corporate Management
| Robert Neal | Sr Treasurer | Profile | |
| Rebecca Aretos | VP Officer | Profile | |
| Drew Wells | Senior Officer | Profile | |
| Michael Broderick | Senior Transformation | Profile |
Already Invested in Allegiant Travel?
The danger of trading Allegiant Travel is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allegiant Travel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allegiant Travel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allegiant Travel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional 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.