Value Investing Philosophy And Allegiant Travel (NASDAQ: ALGT)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

ALGT belongs to the Industrials sector of the NASDAQ while operating in the Airlines industry. The current market capitalization of Allegiant Travel is $900.20M. A total of 1.27 million shares were traded on the day, compared to an average of 416.45K shares.

In the most recent transaction, WILSON ROBERT PAUL III sold 750 shares of ALGT for 53.00 per share on Jun 04 ’24. After the transaction, the EVP and CIO now owns 74,948 company shares. In a previous transaction on May 30 ’24, Wilper Keny Frank sold 1,000 shares at 51.00 per share. ALGT shares that COO owns now total 9,422.

Among the insiders who sold shares, Wilper Keny Frank disposed of 875 shares on May 15 ’24 at a per-share price of $56.50. This resulted in the COO holding 10,422 shares of ALGT after the transaction. In another insider transaction, WILSON ROBERT PAUL III sold 4,600 shares at $54.00 per share on May 10 ’24. Company shares held by the EVP and CIO now total 75,698.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Allegiant Travel pays an annual dividend of $2.40, resulting in a dividend yield of 4.86%, and it has a price to earnings (P/E) ratio of 15.65. ALGT’s most recent ex-dividend date was 5/14/2024 when it declared a $0.60 quarterly dividend that was paid in cash on 6/3/2024. Previously, the company paid the dividend on 3/1/2024 with an ex-dividend date of 2/14/2024. The ALGT stock dividend was $0.60 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALGT has a high of $129.89 and a low of $43.91.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ALGT’s latest balance sheet shows that the firm has $1.18B in Cash & Short Term Investments as of fiscal 2021. There were $1.88B in debt and $663.04M in liabilities at the time. Its Book Value Per Share was $72.32, while its Total Shareholder’s Equity was $1.22B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALGT is Buy with a score of 3.00.

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