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NASDAQ: ALGTAllegiant Travel CO (ALGT) stock, explained like you're 5
Allegiant Travel CO trades on the Nasdaq under the ticker ALGT. It is a mid cap company in the air freight/delivery services industry, part of the consumer cyclical sector, with a market value of about 2.1 billion dollars.
- Ticker
- ALGT
- Exchange
- Nasdaq
- Sector
- Consumer Cyclical
- Industry
- Air Freight/Delivery Services
- Size
- Mid cap, about 2.1 billion dollars
Is Allegiant Travel CO a small, medium or large cap company?
No. Allegiant Travel CO is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 2.1 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Allegiant Travel CO makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves ALGT stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- Allegiant Travel (ALGT) Stock Looks Reasonable Following Its 60% Five Year Fall (Simply Wall Street)
- Should Value Investors Buy Allegiant (ALGT) Stock? (Yahoo Finance)
- A Look at Allegiant Travel Co (ALGT) After 3.0% Decline GF Va (GuruFocus)
- Allegiant Travel Company (ALGT) Stock Forecasts (Yahoo Finance)
- ALLEGIANT TRAVEL COMPANY ANNOUNCES EARLY TENDER RESULTS AND RECEIPT OF CONSENTS FROM THE HOLDERS OF A MAJORITY OF THE OUTSTANDING PRINCIPAL AMOUNT OF ITS 7.250% SENIOR SECURED NOTES DUE 2027 (PR Newswire)
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Questions about Allegiant Travel CO stock
What does Allegiant Travel CO do?
Allegiant Travel CO trades on the Nasdaq under the ticker ALGT. It is a mid cap company in the air freight/delivery services industry, part of the consumer cyclical sector, with a market value of about 2.1 billion dollars.
What is the ticker symbol for Allegiant Travel CO?
Allegiant Travel CO trades under the ticker ALGT on the Nasdaq.
What is Allegiant Travel CO's market cap?
Allegiant Travel CO is a mid cap stock with a market cap of about 2.1 billion dollars.
How does Allegiant Travel CO make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves ALGT stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow ALGT stock every day?
Add ALGT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
