Allegiant Travel Company Company Profile (NASDAQ:ALGT)

About Allegiant Travel Company (NASDAQ:ALGT)

Allegiant Travel Company logoAllegiant Travel Company is a leisure travel company. The Company is focused on providing travel services and products to residents of under-served cities in the United States. It also provides air transportation under fixed fee flying arrangements. The Company's products and services include scheduled service air transportation, air-related ancillary products and services, third-party ancillary products and services and fixed fee contract air transportation. Its scheduled service air transportation includes scheduled air transportation on limited-frequency non-stop flights between under-served cities and leisure destinations. As of February 1, 2017, its operating fleet consisted of 47 MD-80 aircraft, 34 Airbus A320 series aircraft, and four Boeing 757-200 aircraft, and it was selling travel on 377 routes to 119 cities. The Company's air-related ancillary products and services include providing unbundled air-related services and products in conjunction with air transportation.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Regional Airlines
  • Sub-Industry: Airlines
  • Symbol: NASDAQ:ALGT
  • CUSIP: 01748X10
  • Web:
  • Market Cap: $2.39 billion
  • Outstanding Shares: 16,381,000
Average Prices:
  • 50 Day Moving Avg: $149.60
  • 200 Day Moving Avg: $162.13
  • 52 Week Range: $121.70 - $182.25
  • Trailing P/E Ratio: 12.80
  • Foreward P/E Ratio: 12.63
  • P/E Growth: -4.37
Sales & Book Value:
  • Annual Revenue: $1.39 billion
  • Price / Sales: 1.72
  • Book Value: $30.71 per share
  • Price / Book: 4.75
  • Annual Dividend: $2.80
  • Dividend Yield: 1.9%
  • EBIDTA: $431.56 million
  • Net Margins: 16.11%
  • Return on Equity: 54.38%
  • Return on Assets: 15.02%
  • Debt-to-Equity Ratio: 1.27%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.79%
  • Average Volume: 123,272 shs.
  • Beta: -0.2
  • Short Ratio: 7.9

Frequently Asked Questions for Allegiant Travel Company (NASDAQ:ALGT)

What is Allegiant Travel Company's stock symbol?

Allegiant Travel Company trades on the NASDAQ under the ticker symbol "ALGT."

How often does Allegiant Travel Company pay dividends? What is the dividend yield for Allegiant Travel Company?

Allegiant Travel Company announced a quarterly dividend on Wednesday, April 26th. Investors of record on Friday, May 19th will be given a dividend of $0.70 per share on Friday, June 2nd. This represents a $2.80 annualized dividend and a yield of 1.92%. The ex-dividend date is Wednesday, May 17th. View Allegiant Travel Company's Dividend History.

How were Allegiant Travel Company's earnings last quarter?

Allegiant Travel Company (NASDAQ:ALGT) posted its quarterly earnings results on Tuesday, April, 25th. The company reported $2.50 EPS for the quarter, missing the consensus estimate of $2.58 by $0.08. The company earned $375.80 million during the quarter, compared to analysts' expectations of $374.99 million. Allegiant Travel Company had a net margin of 16.11% and a return on equity of 54.38%. The firm's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $4.29 earnings per share. View Allegiant Travel Company's Earnings History.

When will Allegiant Travel Company make its next earnings announcement?

Allegiant Travel Company is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Allegiant Travel Company.

Where is Allegiant Travel Company's stock going? Where will Allegiant Travel Company's stock price be in 2017?

12 brokerages have issued 12-month price objectives for Allegiant Travel Company's stock. Their forecasts range from $132.00 to $190.00. On average, they expect Allegiant Travel Company's share price to reach $164.70 in the next year. View Analyst Ratings for Allegiant Travel Company.

What are analysts saying about Allegiant Travel Company stock?

Here are some recent quotes from research analysts about Allegiant Travel Company stock:

  • 1. According to Zacks Investment Research, "Las Vegas-based ALLEGIANT TRAVEL COMPANY , is focused on linking travelers in small cities to world-class leisure destinations such as Las Vegas, Nev., Phoenix, Ariz., Fort Lauderdale, Fla., Orlando, Fla. and Tampa/St. Petersburg, Fla. Through its subsidiary, Allegiant Air, LLC, the Company operates a low-cost, high-efficiency, all-jet passenger airline offering air travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services. " (4/14/2017)
  • 2. Imperial Capital analysts commented, "While ALGT now faces a number of operational and cost challenges as it transitions to a single aircraft type from its current mixed fleet, it plans to maintain lower capacity growth of 5–10 percent between FY17 and FY19," analyst Michael Derchin wrote in a note.In addition, the airline attracts leisure customers with low fares then aggressively markets higher-margin vacation packages and ancillary products.,p>Further, Derchin said mid-sized markets offers significant growth opportunity as many of these mid-sized cities, such as Cincinnati and Cleveland, were former hubs of the Big 3 (American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and United Continental Holdings Inc (NYSE: UAL)) that have been "de-hubbed" following consolidation.Meanwhile, Allegiant is transitioning to an all-Airbus fleet over the next few years. The company plans to retire its highly profitable but aging MD-80 fleet by FY19, and is replacing those aircraft with a combination of new and used A320s."Following the MD-80 replacement period, capacity growth is expected to resume between 10 percent and 15 percent per year as a result of ALGT's scalable business model and numerous profitable market opportunities," (10/7/2016)

Who are some of Allegiant Travel Company's key competitors?

Who are Allegiant Travel Company's key executives?

Allegiant Travel Company's management team includes the folowing people:

  • Maurice J. Gallagher Jr., Chairman of the Board, Chief Executive Officer
  • John T. Redmond, President, Director
  • Scott Sheldon, Chief Financial Officer, Executive Vice President
  • Jude I. Bricker, Chief Operating Officer, Executive Vice President
  • Scott M. Allard, Executive Vice President, Chief Information Officer
  • M. Ponder Harrison, Executive Vice President, Chief Marketing Officer
  • Gregory Clark Anderson, Senior Vice President, Treasury and Principal Accounting Officer
  • Montie R. Brewer, Independent Director
  • Gary Ellmer, Independent Director
  • Linda A. Marvin, Independent Director

Who owns Allegiant Travel Company stock?

Allegiant Travel Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.00%), Renaissance Technologies LLC (0.00%), Vanguard Group Inc. (0.00%), FMR LLC (0.00%), TimesSquare Capital Management LLC (0.00%) and Neuberger Berman Group LLC (0.00%). Company insiders that own Allegiant Travel Company stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Jude Bricker, Scott Matthew Allard and Scott Sheldon. View Institutional Ownership Trends for Allegiant Travel Company.

Who sold Allegiant Travel Company stock? Who is selling Allegiant Travel Company stock?

Allegiant Travel Company's stock was sold by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, Westfield Capital Management Co. LP, Weiss Multi Strategy Advisers LLC, JPMorgan Chase & Co., TimesSquare Capital Management LLC, Renaissance Technologies LLC, Muhlenkamp & Co. Inc. and Morgan Stanley. Company insiders that have sold Allegiant Travel Company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Jude Bricker, Scott Matthew Allard and Scott Sheldon. View Insider Buying and Selling for Allegiant Travel Company.

Who bought Allegiant Travel Company stock? Who is buying Allegiant Travel Company stock?

Allegiant Travel Company's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Neuberger Berman Group LLC, Schroder Investment Management Group, Vanguard Group Inc., Bank of America Corp DE, Dimensional Fund Advisors LP, Parametric Portfolio Associates LLC and Alliancebernstein L.P.. View Insider Buying and Selling for Allegiant Travel Company.

How do I buy Allegiant Travel Company stock?

Shares of Allegiant Travel Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Allegiant Travel Company's stock price today?

One share of Allegiant Travel Company stock can currently be purchased for approximately $145.95.

MarketBeat Community Rating for Allegiant Travel Company (NASDAQ ALGT)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  486
MarketBeat's community ratings are surveys of what our community members think about Allegiant Travel Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Allegiant Travel Company (NASDAQ:ALGT) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $164.70 (12.85% upside)

Analysts' Ratings History for Allegiant Travel Company (NASDAQ:ALGT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Imperial CapitalLower Price TargetIn -> In-Line$155.00 -> $148.00LowView Rating Details
4/26/2017Bank of America CorpDowngradeBuy -> Neutral$205.00 -> $175.00HighView Rating Details
4/26/2017Deutsche Bank AGDowngradeBuy -> Hold$190.00 -> $153.00HighView Rating Details
4/26/2017Cowen and CompanyLower Price TargetMarket Perform -> Market Perform$162.00 -> $157.00HighView Rating Details
4/19/2017Stifel NicolausReiterated RatingHold$173.00LowView Rating Details
12/16/2016Morgan StanleyReiterated RatingEqual WeightN/AView Rating Details
12/15/2016Barclays PLCInitiated CoverageUnderweight$166.00N/AView Rating Details
11/30/2016Credit Suisse Group AGSet Price TargetHold$132.00N/AView Rating Details
11/21/2016Wolfe ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
11/18/2016Citigroup IncInitiated CoverageBuy$185.00N/AView Rating Details
10/27/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
9/23/2016Buckingham ResearchUpgradeNeutral -> Buy$168.00N/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralN/AView Rating Details
1/28/2016SidotiUpgradeNeutral -> BuyN/AView Rating Details
1/28/2016Evercore ISIUpgradeHold -> BuyN/AView Rating Details
7/22/2015Royal Bank of CanadaUpgradeSector Perform -> Outperform$225.00N/AView Rating Details
(Data available from 5/29/2015 forward)


Earnings History for Allegiant Travel Company (NASDAQ:ALGT)
Earnings by Quarter for Allegiant Travel Company (NASDAQ:ALGT)
Earnings History by Quarter for Allegiant Travel Company (NASDAQ:ALGT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017Q1 2017$2.58$2.50$374.99 million$375.80 millionViewN/AView Earnings Details
1/31/2017Q416$2.40$2.48$333.25 million$335.90 millionViewListenView Earnings Details
10/26/2016Q316$2.66$2.75$84.35 million$33.50 millionViewListenView Earnings Details
7/29/2016Q216$3.55$3.68$343.11 million$344.90 millionViewListenView Earnings Details
4/27/2016Q116$4.28$4.29$340.97 million$348.60 millionViewListenView Earnings Details
1/27/2016Q415$3.14$3.38$311.67 million$310.90 millionViewListenView Earnings Details
10/21/2015Q315$2.63$2.62$299.18 million$300.00 millionViewListenView Earnings Details
7/29/2015Q215$3.13$3.18$321.24 million$322.10 millionViewListenView Earnings Details
4/22/2015Q115$3.59$3.74$322.51 million$329.24 millionViewListenView Earnings Details
1/28/2015Q414$1.41$1.83$271.54 million$279.00 millionViewListenView Earnings Details
10/22/2014Q314$0.88$0.80$263.20 million$265.00 millionViewListenView Earnings Details
7/23/2014Q214$1.72$1.86$287.92 million$290.50 millionViewListenView Earnings Details
4/23/2014Q114$1.77$1.86$301.79 million$302.50 millionViewListenView Earnings Details
1/29/2014Q413$0.93$0.94$239.64 million$238.50 millionViewListenView Earnings Details
10/23/2013Q313$0.90$0.91$226.71 million$228.90 millionViewListenView Earnings Details
7/23/2013Q2 2013$1.36$1.34$258.37 million$255.90 millionViewListenView Earnings Details
4/24/2013Q1 2013$1.45$1.65$265.92 million$273.00 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.72$0.76$226.09 million$222.80 millionViewN/AView Earnings Details
10/24/2012$0.75$0.87ViewN/AView Earnings Details
8/1/2012$1.22$1.30ViewN/AView Earnings Details
4/25/2012$0.99$1.12ViewN/AView Earnings Details
2/1/2012$0.56$0.56ViewN/AView Earnings Details
10/26/2011$0.45$0.49ViewN/AView Earnings Details
8/1/2011$0.58$0.62ViewN/AView Earnings Details
4/28/2011$0.87$0.89ViewN/AView Earnings Details
1/31/2011$0.70$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Allegiant Travel Company (NASDAQ:ALGT)
2017 EPS Consensus Estimate: $8.81
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$2.58$2.58$2.58
Q2 20171$2.66$2.66$2.66
Q3 20171$1.76$1.76$1.76
Q4 20171$1.81$1.81$1.81
(Data provided by Zacks Investment Research)


Current Dividend Information for Allegiant Travel Company (NASDAQ:ALGT)
Next Dividend:6/2/2017
Annual Dividend:$2.80
Dividend Yield:1.92%
Payout Ratio:21.21% (Trailing 12 Months of Earnings)
29.26% (Based on This Year's Estimates)
24.22% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Allegiant Travel Company (NASDAQ:ALGT)

Dividend History by Quarter for Allegiant Travel Company (NASDAQ:ALGT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Allegiant Travel Company (NASDAQ:ALGT)
Insider Ownership Percentage: 21.00%
Institutional Ownership Percentage: 79.27%
Insider Trades by Quarter for Allegiant Travel Company (NASDAQ:ALGT)
Institutional Ownership by Quarter for Allegiant Travel Company (NASDAQ:ALGT)
Insider Trades by Quarter for Allegiant Travel Company (NASDAQ:ALGT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/23/2017Gregory Clark AndersonSVPSell1,500$142.08$213,120.00View SEC Filing  
5/22/2017Gary EllmerDirectorSell135$142.91$19,292.85View SEC Filing  
3/24/2017Gary EllmerDirectorSell580$162.00$93,960.00View SEC Filing  
3/17/2017Jude BrickerEVPSell4,421$158.67$701,480.07View SEC Filing  
12/28/2016Gary EllmerDirectorSell285$165.76$47,241.60View SEC Filing  
12/8/2016Scott Matthew AllardInsiderSell1,838$170.73$313,801.74View SEC Filing  
11/10/2016Scott SheldonCFOSell2,596$153.70$399,005.20View SEC Filing  
8/12/2015John RedmondDirectorSell6,000$224.77$1,348,620.00View SEC Filing  
6/23/2015Gary EllmerDirectorSell520$178.82$92,986.40View SEC Filing  
2/13/2015Scott Matthew AllardInsiderSell1,338$178.69$239,087.22View SEC Filing  
12/4/2014Jude BrickerSVPSell3,042$144.73$440,268.66View SEC Filing  
9/19/2014Scott SheldonCFOSell2,093$125.01$261,645.93View SEC Filing  
9/18/2014Scott Matthew AllardInsiderSell4,513$125.32$565,569.16View SEC Filing  
8/22/2014Andrew C LevyCOOSell25,305$125.11$3,165,908.55View SEC Filing  
8/21/2014Andrew C LevyCOOSell7,335$125.21$918,415.35View SEC Filing  
7/30/2014Gary EllmerDirectorSell1,000$118.60$118,600.00View SEC Filing  
9/17/2013Andrew LevyPresidentSell25,000$98.69$2,467,250.00View SEC Filing  
8/6/2013Gary EllmerDirectorSell1,500$97.52$146,280.00View SEC Filing  
6/26/2013Scott SheldonCFOSell6,963$106.60$742,255.80View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Allegiant Travel Company (NASDAQ:ALGT)
Latest Headlines for Allegiant Travel Company (NASDAQ:ALGT)
DateHeadline logoAllegiant Travel COO Jude Bricker Resigns; Scott Sheldon Named Interim COO - May 28 at 3:29 PM logoAllegiant Travel - Caution Warranted As Margin Pressure Intensifies, Capex Requirements Remain Elevated - May 27 at 1:44 AM logoAllegiant Travel (ALGT) COO Jude Bricker to Resign - May 27 at 1:44 AM logoJude Bricker To Leave Position As Allegiant EVP And Chief Operating Officer - May 26 at 8:43 PM logoAllegiant announces second executive departure this month - May 26 at 7:18 PM logo"Allegiant Honors" Program Supports U.S. Military & Veterans With Select Free Services - May 25 at 3:56 PM logoGary Ellmer Sells 135 Shares of Allegiant Travel Company (ALGT) Stock - May 23 at 8:34 PM logoAllegiant Travel Company (ALGT) Receives Consensus Recommendation of "Hold" from Analysts - May 23 at 8:22 PM logoAllegiant Travel Company (ALGT) SVP Sells $213,120.00 in Stock - May 23 at 8:19 PM logoAllegiant Travel Co. : ALGT-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 18, 2017 - May 18 at 12:17 PM logoU.S. laptop ban could cost economy $500,000,000 a year - May 14 at 3:31 PM logoEquities Analysts Set Expectations for Allegiant Travel Company's Q3 2017 Earnings (ALGT) - May 11 at 10:08 AM logoBrokers Issue Forecasts for Allegiant Travel Company's FY2017 Earnings (ALGT) - May 10 at 9:59 AM logoHawaiian Airlines Reports 7.6% Air Traffic Rise in April - May 8 at 11:11 AM logoCapacity increases 19% at Allegiant Travel - May 5 at 8:29 PM logoAllegiant Reports April 2017 Traffic - May 4 at 8:30 PM logoAllegiant Travel Company (ALGT) Receiving Somewhat Negative Press Coverage, Study Finds - May 4 at 9:41 AM logoSomewhat Favorable News Coverage Very Likely to Affect Allegiant Travel Company (ALGT) Stock Price - May 1 at 11:45 AM logoAllegiant Travel Company (ALGT) Forecasted to Post Q2 2017 Earnings of $2.66 Per Share - May 1 at 8:37 AM logoImperial Capital Reaffirms In-Line Rating for Allegiant Travel Company (ALGT) - April 30 at 12:45 PM logoAllegiant Travel Company (ALGT) Expected to Post Quarterly Sales of $397.67 Million - April 29 at 10:14 AM logoAllegiant Travel Company (ALGT) Given Consensus Rating of "Hold" by Brokerages - April 29 at 1:13 AM logoEquities Analysts Set Expectations for Allegiant Travel Company's FY2018 Earnings (ALGT) - April 28 at 11:54 PM logoAllegiant Travel Co. – Value Analysis (NASDAQ:ALGT) : April 28, 2017 - April 28 at 9:24 PM logoConfidence in Allegiant Travel fades - April 28 at 4:24 PM logoSomewhat Negative Press Coverage Extremely Likely to Impact Allegiant Travel Company (ALGT) Stock Price - April 28 at 11:02 AM logoAllegiant Travel Co. breached its 50 day moving average in a Bearish Manner : ALGT-US : April 27, 2017 - April 27 at 3:49 PM logoZacks: Analysts Expect Allegiant Travel Company (ALGT) Will Announce Earnings of $3.04 Per Share - April 27 at 8:46 AM logoAllegiant Travel Stock Tumbling on Earnings Miss - April 27 at 1:43 AM logoAllegiant Travel's (ALGT) CEO Maurice Gallagher on Q1 2017 Results - Earnings Call Transcript - April 26 at 8:41 PM logoAllegiant Travel Company (ALGT) Declares $0.70 Quarterly Dividend - April 26 at 5:50 PM logoAllegiant Travel Company (ALGT) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS - April 26 at 1:04 PM logoAllegiant Travel Company First Quarter 2017 Financial results - April 26 at 7:23 AM logoEdited Transcript of ALGT earnings conference call or presentation 25-Apr-17 8:30pm GMT - April 26 at 7:23 AM logoAllegiant Travel misses 1Q profit forecasts - April 25 at 5:06 PM logoSomewhat Negative News Coverage Very Likely to Impact Allegiant Travel Company (ALGT) Stock Price - April 25 at 2:31 PM logoAllegiant Travel Company (ALGT) Set to Announce Earnings on Tuesday - April 23 at 7:02 AM logoFavorable Media Coverage Extremely Likely to Impact Allegiant Travel Company (ALGT) Stock Price - April 22 at 9:13 AM logoAllegiant Travel (ALGT) Q1 Earnings: Is Disappointment in Store? - April 21 at 8:30 PM logoSomewhat Negative News Coverage Extremely Likely to Impact Allegiant Travel Company (ALGT) Stock Price - April 19 at 8:28 AM logoAllegiant Travel Company (ALGT) Earns Coverage Optimism Rating of -0.04 - April 16 at 9:30 AM logoAllegiant Travel Company (ALGT) Stock Rating Lowered by Zacks Investment Research - April 14 at 4:48 PM logoQ1 2017 EPS Estimates for Allegiant Travel Company (ALGT) Cut by Analyst - April 14 at 9:08 AM logoImperial Capital Lowers Allegiant Travel Company (ALGT) Price Target to $170.00 - April 13 at 11:52 PM logoAllegiant Travel Company (ALGT) Receiving Somewhat Positive Press Coverage, Analysis Finds - April 13 at 1:34 PM logoAllegiant Travel Company to Post Q2 2017 Earnings of $2.96 Per Share, Imperial Capital Forecasts (ALGT) - April 13 at 9:05 AM logoAllegiant reports March and Q1 traffic - April 11 at 8:15 AM logoAllegiant Reports March 2017 Traffic - April 10 at 8:27 PM logoAllegiant Travel Company (ALGT) Sees Significant Decrease in Short Interest - April 8 at 10:22 PM logo$382.98 Million in Sales Expected for Allegiant Travel Company (ALGT) This Quarter - April 7 at 8:45 PM



Allegiant Travel Company (ALGT) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff