RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Allegiant Travel Stock

Allegiant Travel P/E 2024

Allegiant Travel P/E

-179.49

Ticker

ALGT

ISIN

US01748X1028

WKN

A0LFDN

As of Sep 22, 2024, Allegiant Travel's P/E ratio was -179.49, a -1,261.75% change from the 15.45 P/E ratio recorded in the previous year.

The Allegiant Travel P/E history

Allegiant Travel Aktienanalyse

What does Allegiant Travel do?

The company Allegiant Travel Co is a travel company based in Las Vegas, Nevada. The company was founded in 1997 and has experienced strong expansion in recent years. Allegiant Travel Co operates an airline called Allegiant Air, which was established in 2003. The airline specializes in offering affordable flights to tourist destinations throughout North America. Allegiant Air currently operates over 100 aircraft and offers flights to over 120 destinations in the United States, Canada, and Mexico. The airline is headquartered in Las Vegas and also has operational bases in other cities such as Orlando, Florida and Bellingham, Washington. The business model of Allegiant Air focuses on low costs, allowing for flights to be offered at affordable prices. The airline prioritizes direct flights to be faster and more efficient. In addition to the airline, Allegiant Travel Co also operates a travel events company and an online travel agency. The company offers a variety of travel options, including hotel reservations, car rentals, leisure activities, and package vacations. The company leverages its extensive networks and relationships in the travel industry to provide its customers with the best deals. Collaboration with local tourism organizations in the destinations where Allegiant flies is also essential. The company's business model is based on a combination of low-complexity travel and low costs. By combining flights, hotels, and other travel services into packages that can be easily and quickly booked online, customers can save a lot of time, money, and stress on their travels. The company also focuses on optimizing infrastructure and technology to minimize costs. Allegiant Travel Co is divided into various divisions. The largest division is the airline Allegiant Air, which offers a variety of services including passenger and cargo flights, as well as charter flights. The company also offers flexible plans that allow customers to change their travel itinerary or make changes to their flight dates to meet their needs. The company's travel events company also organizes sports events, business trips, and group tours. Additionally, the company offers special deals for veterans and military personnel and works closely with travel insurance companies to provide customized insurance packages to its customers. Overall, Allegiant Travel Co is an excellent company that specializes in the low-cost market. The company has established a strong position in the North American market and has also expanded internationally. With its combination of an airline, travel events company, online travel agency, and close relationships and collaborations with local tourism organizations, Allegiant Travel Co is an outstanding provider of travel options for customers. Allegiant Travel ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Allegiant Travel's P/E Ratio

The Price to Earnings (P/E) Ratio of Allegiant Travel is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Allegiant Travel's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Allegiant Travel is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Allegiant Travel’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Allegiant Travel stock

What is the price-to-earnings ratio of Allegiant Travel?

The price-earnings ratio of Allegiant Travel is currently -179.49.

How has the price-earnings ratio of Allegiant Travel changed compared to last year?

The price-to-earnings ratio of Allegiant Travel has increased by -1,261.75% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Allegiant Travel high compared to other companies?

Yes, the price-to-earnings ratio of Allegiant Travel is high compared to other companies.

How does an increase in the price-earnings ratio of Allegiant Travel affect the company?

An increase in the price-earnings ratio of Allegiant Travel would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Allegiant Travel affect the company?

A decrease in the price-earnings ratio of Allegiant Travel would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Allegiant Travel?

Some factors that influence the price-earnings ratio of Allegiant Travel are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Allegiant Travel pay?

Over the past 12 months, Allegiant Travel paid a dividend of 1.2 USD . This corresponds to a dividend yield of about 2.62 %. For the coming 12 months, Allegiant Travel is expected to pay a dividend of 1.2 USD.

What is the dividend yield of Allegiant Travel?

The current dividend yield of Allegiant Travel is 2.62 %.

When does Allegiant Travel pay dividends?

Allegiant Travel pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Allegiant Travel?

Allegiant Travel paid dividends every year for the past 4 years.

What is the dividend of Allegiant Travel?

For the upcoming 12 months, dividends amounting to 1.2 USD are expected. This corresponds to a dividend yield of 2.62 %.

In which sector is Allegiant Travel located?

Allegiant Travel is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Allegiant Travel kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Allegiant Travel from 6/3/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Allegiant Travel pay the last dividend?

The last dividend was paid out on 6/3/2024.

What was the dividend of Allegiant Travel in the year 2023?

In the year 2023, Allegiant Travel distributed 0 USD as dividends.

In which currency does Allegiant Travel pay out the dividend?

The dividends of Allegiant Travel are distributed in USD.

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Andere Kennzahlen von Allegiant Travel

Our stock analysis for Allegiant Travel Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Allegiant Travel Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.