With 1.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.38 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $54.9 whereas the lowest price it dropped to was $52.73. The 52-week range on ALGT shows that it touched its highest point at $107.57 and its lowest point at $36.08 during that stretch. It currently has a 1-year price target of $97.92. With its current market cap of 994.48 million, ALGT has annualized dividend of $0.60 while the current yield stands at 1.11%. ALGT paid its most recent dividend on 1715644800, while the ex-dividend date for that was 1715644800. Beta for the stock currently stands at 1.55.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALGT was down-trending over the past week, with a drop of -10.75%, but this was down by -36.06% over a month. Three-month performance dropped to -34.49% while six-month performance rose 31.40%. The stock lost -22.67% in the past year, while it has lost -42.38% so far this year. A look at the trailing 12-month EPS for ALGT yields -13.38 with Next year EPS estimates of 9.18. For the next quarter, that number is 1.77. This implies an EPS growth rate of 194.37% for this year and 25.70% for next year.
Float and Shares Shorts:
At present, 18.41 million ALGT shares are outstanding with a float of 14.12 million shares on hand for trading. On 2025-02-28, short shares totaled 1.35 million, which was 736.0 higher than short shares on 1738281600. In addition to Mr. Maurice J. Gallagher Jr. as the firm’s Executive Chairman, Mr. Gregory Clark Anderson CPA serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.85582 of ALGT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, ALGT reported revenue of $627705000.0 and operating income of $64150000.0. The EBITDA in the recently reported quarter was $138568000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALGT since 8 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALGT analysts setting a high price target of 125.0 and a low target of 73.0, the average target price over the next 12 months is 97.91667. Based on these targets, ALGT could surge 130.5% to reach the target high and rise by 34.61% to reach the target low. Reaching the average price target will result in a growth of 80.56% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.57573 being high and $1.90208 being low. For ALGT, this leads to a yearly average estimate of $2.40732. Based on analyst estimates, the high estimate for the next quarter is $3.6 and the low estimate is $2.34. The average estimate for the next quarter is thus $2.92.
