Investing in Allegiant Travel Company (ALGT)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)28.20-45
Intrinsic value (DCF)45.00-12
Graham-Dodd Method68.0333
Graham Formula1.59-97

Company description

ALGT, or Allegiant Travel Company, is a publicly traded company listed under the ticker symbol ALGT. Founded in 1997, Allegiant Travel began as a small, regional airline serving just a few cities in the western United States. However, over the years, the company has expanded significantly and now operates scheduled and charter flights to over 120 destinations in the United States, Canada, and Mexico. With its headquarters in Las Vegas, Nevada, Allegiant Travel has become known for its affordable, no-frills flights that cater to leisure travelers. The company operates a single aircraft type, the Airbus A320, which helps keep its maintenance and operational costs low. As of 2020, the company has a fleet of 98 aircraft, making it one of the largest Airbus operators in the world. In addition to its commercial airline operations, Allegiant Travel also offers vacation packages and hotel booking services through its subsidiary, Allegiant Vacations. The company prides itself on providing travelers with low-cost, safe, and convenient travel options to popular leisure destinations. It also offers various benefits to its passengers, such as no-charge cancellations and the ability to select specific seats on the plane. Over the years, Allegiant Travel has received several accolades for its growth and success, including being named one of the "Best Places to Work" by Forbes in 2018. The company also places a strong emphasis on giving back to the communities it serves, with programs focused