Allegiant Travel Stock Fair Value – ALLEGIANT TRAVEL Soars to New Heights as Industrials Sector Reaches 2023 High
January 31, 2023
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Allegiant Travel Stock Fair Value – ALLEGIANT TRAVEL ($NASDAQ:ALGT), a low-cost American airline company, is soaring to new heights as the Industrials sector continues to reach highs not seen since 2023. The US Global Jets ETF experienced an impressive surge at the start of the year, with some predicting a pause in the rally, however the Industrials sector is now experiencing another peak, surpassing prices seen during the second quarter of 2020. The spectacular rise of ALLEGIANT has been attributed to its low-cost, no-frills approach to air travel. The airline’s no-nonsense approach to air travel has also made it popular with business travelers looking to save money on flights. The airline has also been praised for its commitment to customer service.
The airline also prides itself on providing a safe and comfortable experience, with all flights operated by experienced, professional pilots and cabin crew. ALLEGIANT is also committed to environmental sustainability. The airline has made a number of eco-friendly changes, such as investing in more fuel-efficient aircraft and reducing its carbon footprint. The rise of ALLEGIANT TRAVEL is testament to the success that can be achieved through a combination of offering low fares, excellent customer service and an unwavering commitment to environmental sustainability. The airline’s recent surge in the Industrials sector is another sign that it is here to stay.
Share Price
The industrial sector has recently reached a 2023 high and ALLEGIANT TRAVEL has soared to new heights. Although news sentiment for the company has been mostly negative so far, ALLEGIANT TRAVEL has seen an increase in their stock prices. On Thursday, ALLEGIANT TRAVEL opened at $85.2 and closed at $84.3. ALLEGIANT TRAVEL is a leader in the industrials sector and has been able to withstand unfavorable news sentiment and remain competitive. As industrial companies reach new highs, ALLEGIANT TRAVEL has been able to benefit from the surge in the sector and maintain their stock prices above $84. The company has also seen an increase in sales over the last few years, which has helped to bolster their stock prices.
ALLEGIANT TRAVEL is continuing to expand their operations and innovate new products and services that will help them stay ahead of the competition. The company is well-positioned to capitalize on the current trend and continue to be a leader in the industry. Investors are confident that ALLEGIANT TRAVEL will continue to be successful, despite the negative news sentiment that has been surrounding the company recently. With their innovative products and services, ALLEGIANT TRAVEL is positioned to remain a leader in the industry for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Allegiant Travel. More…
| Total Revenues | Net Income | Net Margin |
| 2.19k | -39.47 | 0.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Allegiant Travel. More…
| Operations | Investing | Financing |
| 386.42 | -415.57 | 64.38 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Allegiant Travel. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.41k | 3.22k | 64.96 |
Key Ratios Snapshot
Some of the financial key ratios for Allegiant Travel are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.9% | -37.3% | 2.0% |
| FCF Margin | ROE | ROA |
| -0.5% | 2.3% | 0.6% |
VI Analysis – Allegiant Travel Stock Fair Value
This potential is made easier to understand with the help of the VI app. The app’s calculations show the intrinsic value of ALLEGIANT TRAVEL’s shares at around $216.1. However, currently the company’s stock is trading at $84.3, which is a discount of 61%. This indicates that the stock is currently undervalued and is an attractive buying opportunity. The app also offers additional insights into the company’s financials, such as its balance sheet, income statement, and cash flow statement. This helps investors better understand the company and make more informed decisions about its stock. Furthermore, it also provides data on similar companies to enable comparison and contrast. Overall, the VI app provides a simple and easy way to analyse ALLEGIANT TRAVEL’s fundamentals and assess its long-term potential. It also offers valuable insight into the company’s financials and competitive landscape, helping investors make well-informed decisions about the stock. More…
VI Peers
The competition among Allegiant Travel Co, Korean Air Lines Co Ltd, Cebu Air Inc, and InterGlobe Aviation Ltd is fierce. All four companies are striving to provide the best possible service to their customers. Each company has its own strengths and weaknesses, and it is up to the customer to decide which airline best meets their needs.
– Korean Air Lines Co Ltd ($KOSE:003490)
Korean Air Lines Co Ltd is a major airline company headquartered in Seoul, South Korea. It is the flag carrier of South Korea and operates a fleet of over 150 aircraft. The company has a market cap of 7.89T as of 2022 and a Return on Equity of 20.57%. Korean Air Lines is one of the world’s largest airlines and is a member of the SkyTeam alliance. The company offers a wide array of domestic and international flight routes and provides a high level of customer service.
– Cebu Air Inc ($PSE:CEB)
Cebu Air Inc is a leading low-cost carrier in the Philippines. It has a strong presence in the domestic market and offers services to over 60 destinations across the country. The company has a market cap of 22.34B as of 2022 and a Return on Equity of -580.13%. Cebu Air is committed to providing affordable, convenient, and reliable air travel services to its customers. It has a modern fleet of aircraft and a strong network of domestic and international routes. The company is continuously expanding its operations and has plans to further grow its market share in the coming years.
– InterGlobe Aviation Ltd ($BSE:539448)
InterGlobe Aviation Ltd, the owner of India’s largest airline by market share, IndiGo, has a market cap of 672.27B as of 2022. The company has a strong financial performance, with a return on equity of 16.73%. IndiGo is a low-cost carrier that offers affordable air travel to passengers in India and across the world. The company has a fleet of over 250 aircraft and operates more than 1,200 flights daily. InterGlobe Aviation is a publicly traded company listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Summary
ALLEGIANT TRAVEL has been flying high in recent years, reaching a 2023 high in the industrials sector. With the stock price up significantly year-over-year, investors have been closely monitoring the company’s performance. Analysts have noted strong fundamentals, such as a healthy balance sheet, positive cash flow and steady revenue growth.
The company also has a strong competitive advantage in its low-cost airfare business model. Going forward, investors will be watching for earnings growth and additional expansion into new markets to determine whether ALLEGIANT TRAVEL is a viable long-term investment.
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