On Monday, Allegiant Travel (NASDAQ: ALGT) opened higher 6.22% from the last session, before settling in for the closing price of $79.09. Price fluctuations for ALGT have ranged from $36.08 to $85.91 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 16.10%. Company’s average yearly earnings per share was noted -86.43% at the time writing. With a float of $15.31 million, this company’s outstanding shares have now reached $18.27 million.
Let’s determine the extent of company efficiency that accounts for 5643 employees. In terms of profitability, gross margin is 11.13%, operating margin of 3.34%, and the pretax margin is -1.14%.
Allegiant Travel (ALGT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of Allegiant Travel is 16.54%, while institutional ownership is 87.97%. The most recent insider transaction that took place on Nov 25 ’24, was worth 2,391,682. Before that another transaction happened on Oct 23 ’24, when Company’s COO sold 635 for $62.69, making the entire transaction worth $39,808. This insider now owns 16,353 shares in total.
Allegiant Travel (ALGT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.2) by 0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.94 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -86.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.24% during the next five years compared to -8.85% drop over the previous five years of trading.
Allegiant Travel (NASDAQ: ALGT) Trading Performance Indicators
Check out the current performance indicators for Allegiant Travel (ALGT). In the past quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 5.67 in one year’s time.
Technical Analysis of Allegiant Travel (ALGT)
Looking closely at Allegiant Travel (NASDAQ: ALGT), its last 5-days average volume was 0.43 million, which is a jump from its year-to-date volume of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 81.73%. Additionally, its Average True Range was 3.85.
During the past 100 days, Allegiant Travel’s (ALGT) raw stochastic average was set at 94.24%, which indicates a significant increase from 85.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.90% in the past 14 days, which was higher than the 64.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.12, while its 200-day Moving Average is $57.45. However, in the short run, Allegiant Travel’s stock first resistance to watch stands at $86.80. Second resistance stands at $89.59. The third major resistance level sits at $92.24. If the price goes on to break the first support level at $81.36, it is likely to go to the next support level at $78.71. Now, if the price goes above the second support level, the third support stands at $75.92.
Allegiant Travel (NASDAQ: ALGT) Key Stats
There are currently 18,344K shares outstanding in the company with a market cap of 1.62 billion. Presently, the company’s annual sales total 2,510 M according to its annual income of 117,600 K. Last quarter, the company’s sales amounted to 562,200 K and its income totaled -36,790 K.
