Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Allegiant Travel (NASDAQ: ALGT) closed the day trading at $60.76 down -3.20% from the previous closing price of $62.77. In other words, the price has decreased by -$3.20 from its previous closing price. On the day, 0.82 million shares were traded.
Ratios:
For a better understanding of ALGT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 342.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 1.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on December 17, 2024, Reiterated its Hold rating but revised its target price to $70 from $50 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when Morgan Sandra Douglass sold 350 shares for $80.77 per share. The transaction valued at 28,270 led to the insider holds 11,650 shares of the business.
GALLAGHER MAURICE J JR sold 28,319 shares of ALGT for $2,391,686 on Nov 25 ’24. The Executive Chairman now owns 2,147,730 shares after completing the transaction at $84.46 per share. On Nov 26 ’24, another insider, GALLAGHER MAURICE J JR, who serves as the Executive Chairman of the company, sold 10,382 shares for $81.17 each. As a result, the insider received 842,657 and left with 2,137,348 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.03.
Stock Price History:
Over the past 52 weeks, ALGT has reached a high of $107.57, while it has fallen to a 52-week low of $36.08. The 50-Day Moving Average of the stock is -32.41%, while the 200-Day Moving Average is calculated to be -6.12%.
Shares Statistics:
A total of 18.41M shares are outstanding, with a floating share count of 14.12M. Insiders hold about 23.02% of the company’s shares, while institutions hold 84.37% stake in the company.
