Allegiant Travel Company Company Profile (NASDAQ:ALGT)

About Allegiant Travel Company (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
  • Exchange: NASDAQ
  • Symbol: ALGT
  • CUSIP: 01748X10
Key Metrics:
  • Previous Close: $162.15
  • 50 Day Moving Average: $159.33
  • 200 Day Moving Average: $162.01
  • 52-Week Range: $121.70 - $182.25
  • Trailing P/E Ratio: 12.50
  • Foreward P/E Ratio: 13.34
  • P/E Growth: -51.40
  • Market Cap: $2.71B
  • Outstanding Shares: 16,379,000
  • Beta: -0.2
Profitability:
  • Net Margins: 16.11%
  • Return on Equity: 54.38%
  • Return on Assets: 15.02%
Debt:
  • Debt-to-Equity Ratio: 1.27%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.79%

Analyst Ratings

Consensus Ratings for Allegiant Travel Company (NASDAQ:ALGT) (?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $168.25 (1.94% upside)

Analysts' Ratings History for Allegiant Travel Company (NASDAQ:ALGT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017Stifel NicolausReiterated RatingHold$173.00LowView Rating Details
4/12/2017Imperial CapitalLower Price TargetIn -> In-Line$182.00 -> $170.00LowView Rating Details
2/1/2017Cowen and CompanyBoost Price TargetMarket Perform$160.00 -> $162.00N/AView 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
4/9/2016Deutsche Bank AGReiterated RatingBuyN/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
4/27/2015CRT CapitalDowngradeBuy -> Fair Value$220.00 -> $185.00N/AView Rating Details
(Data available from 4/24/2015 forward)

Earnings

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$2.56N/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)

Estimates

Earnings Estimates for Allegiant Travel Company (NASDAQ:ALGT)
2017 EPS Consensus Estimate: $10.14
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$2.58$2.58$2.58
Q2 20171$2.96$2.96$2.96
Q3 20171$2.32$2.32$2.32
Q4 20171$2.28$2.28$2.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Allegiant Travel Company (NASDAQ:ALGT)
Most Recent Dividend:3/15/2017
Annual Dividend:$2.80
Dividend Yield:1.70%
Payout Ratio:21.21% (Trailing 12 Months of Earnings)
26.85% (Based on This Year's Estimates)
22.64% (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
2/1/2017quarterly$0.701.62%3/1/20173/3/20173/15/2017
11/14/2016quarterly$0.701.74%11/21/201611/23/201612/6/2016
8/8/2016quarterly$0.702.18%8/17/20168/19/20169/6/2016
4/28/2016quarterly$0.701.69%5/18/20165/20/20166/3/2016
2/24/2016Quarterly$0.303/2/20163/4/20163/17/2016
2/18/2016quarterly$0.300.76%3/2/20163/4/20163/15/2016
11/12/2015quarterly$0.300.65%11/19/201511/23/201512/4/2015
8/7/2015quarterly$0.300.55%8/18/20158/20/20159/4/2015
5/11/2015quarterly$0.250.6%5/18/20155/20/20156/4/2015
1/29/2015quarterly$0.250.55%3/2/20153/4/20153/17/2015
12/3/2014special$2.5012/17/201412/19/20141/6/2015
11/14/2013special$2.2512/11/201312/13/20131/3/2014
(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
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)

Headlines

Headline Trends for Allegiant Travel Company (NASDAQ:ALGT)
Latest Headlines for Allegiant Travel Company (NASDAQ:ALGT)
Source:
DateHeadline
americanbankingnews.com logoAllegiant Travel Company (ALGT) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - April 23 at 7:02 AM
americanbankingnews.com logoFavorable Media Coverage Extremely Likely to Impact Allegiant Travel Company (ALGT) Stock Price
www.americanbankingnews.com - April 22 at 9:13 AM
finance.yahoo.com logoAllegiant Travel (ALGT) Q1 Earnings: Is Disappointment in Store?
finance.yahoo.com - April 21 at 8:30 PM
americanbankingnews.com logoSomewhat Negative News Coverage Extremely Likely to Impact Allegiant Travel Company (ALGT) Stock Price
www.americanbankingnews.com - April 19 at 8:28 AM
americanbankingnews.com logoAllegiant Travel Company (ALGT) Earns Coverage Optimism Rating of -0.04
www.americanbankingnews.com - April 16 at 9:30 AM
americanbankingnews.com logoAllegiant Travel Company (ALGT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 14 at 4:48 PM
americanbankingnews.com logoQ1 2017 EPS Estimates for Allegiant Travel Company (ALGT) Cut by Analyst
www.americanbankingnews.com - April 14 at 9:08 AM
americanbankingnews.com logoImperial Capital Lowers Allegiant Travel Company (ALGT) Price Target to $170.00
www.americanbankingnews.com - April 13 at 11:52 PM
americanbankingnews.com logoAllegiant Travel Company (ALGT) Receiving Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - April 13 at 1:34 PM
americanbankingnews.com logoAllegiant Travel Company to Post Q2 2017 Earnings of $2.96 Per Share, Imperial Capital Forecasts (ALGT)
www.americanbankingnews.com - April 13 at 9:05 AM
seekingalpha.com logoAllegiant reports March and Q1 traffic
seekingalpha.com - April 11 at 8:15 AM
finance.yahoo.com logoAllegiant Reports March 2017 Traffic
finance.yahoo.com - April 10 at 8:27 PM
americanbankingnews.com logoAllegiant Travel Company (ALGT) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - April 8 at 10:22 PM
americanbankingnews.com logo$382.98 Million in Sales Expected for Allegiant Travel Company (ALGT) This Quarter
www.americanbankingnews.com - April 7 at 8:45 PM
finance.yahoo.com logoAllegiant Travel Company Schedules First Quarter 2017 Earnings Call
finance.yahoo.com - April 7 at 7:49 AM
finance.yahoo.com logoETFs with exposure to Allegiant Travel Co. : April 5, 2017
finance.yahoo.com - April 7 at 7:49 AM
americanbankingnews.com logoAllegiant Travel Company (ALGT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 6 at 9:58 AM
americanbankingnews.com logoZacks: Brokerages Expect Allegiant Travel Company (ALGT) to Announce $3.04 EPS
www.americanbankingnews.com - April 5 at 8:25 PM
seekingalpha.com logoAllegiant Travel: This Ultra-Low Cost Carrier Can Fly Even Higher
seekingalpha.com - March 28 at 8:29 PM
biz.yahoo.com logoALLEGIANT TRAVEL CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal
biz.yahoo.com - March 28 at 8:29 PM
americanbankingnews.com logoAllegiant Travel Company (ALGT) Director Sells $93,960.00 in Stock
www.americanbankingnews.com - March 27 at 10:49 PM
bizjournals.com logoDayton director: Modernization projects crucial for airport’s future
www.bizjournals.com - March 27 at 6:53 AM
finance.yahoo.com logoToday's charts: Airline stocks drop on Morgan Stanley downgrade; Snap soars on bullish call; Nike shares sink
finance.yahoo.com - March 22 at 3:29 PM
bizjournals.com logoWhy Denver is surging in popularity at CVG
www.bizjournals.com - March 21 at 10:20 AM
bizjournals.com logoCincinnati is surging in popularity as an air destination from Denver
www.bizjournals.com - March 21 at 10:20 AM
americanbankingnews.com logoAllegiant Travel Company (ALGT) EVP Jude Bricker Sells 4,421 Shares
www.americanbankingnews.com - March 20 at 7:52 PM
bizjournals.com logoConcord aviation director leaving for Myrtle Beach area
www.bizjournals.com - March 9 at 3:31 PM
us.rd.yahoo.com logoAllegiant Reports February 2017 Traffic
us.rd.yahoo.com - March 7 at 3:27 PM
us.rd.yahoo.com logo4:40 pm Allegiant Travel reports preliminary Feb traffic results with unit revenue as expected and issues Q1/Q2 capacity guidance
us.rd.yahoo.com - March 7 at 3:27 PM
streetinsider.com logoAllegiant Travel (ALGT) Reports 7% YoY Traffic Increase for February 2017 - StreetInsider.com
www.streetinsider.com - March 7 at 5:25 AM
finance.yahoo.com logoNew Features: Individual Portfolio Tracker and Value Screens Tracker
finance.yahoo.com - March 3 at 8:44 PM
seekingalpha.com logoAllegiant Travel Company: Investors Should Expect A Rough Landing
seekingalpha.com - March 2 at 8:44 PM
finance.yahoo.com logoALLEGIANT TRAVEL CO Financials
finance.yahoo.com - March 2 at 3:43 PM
nasdaq.com logoAllegiant Travel Company (ALGT) Ex-Dividend Date Scheduled for March 01, 2017 - Nasdaq
www.nasdaq.com - March 1 at 8:13 AM
seekingalpha.com logoAllegiant Travel Company goes ex-dividend tomorrow
seekingalpha.com - February 28 at 8:55 AM
finance.yahoo.com logoAllegiant Announces Five New Routes in Time for Summer Vacation
finance.yahoo.com - February 28 at 8:55 AM
bizjournals.com logoAirline adds a new direct flight at Dayton International Airport
www.bizjournals.com - February 28 at 8:55 AM
nasdaq.com logoEx-Dividend Reminder: Allegiant Travel, Knight Transportation and Nielsen Holdings - Nasdaq
www.nasdaq.com - February 27 at 3:37 PM
biz.yahoo.com logoALLEGIANT TRAVEL CO Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 3:40 PM
finance.yahoo.com logoCan Allegiant Travel be Good Choice for Value Investors?
finance.yahoo.com - February 23 at 3:28 PM
finance.yahoo.com logoAllegiant Reports January 2017 Traffic
finance.yahoo.com - February 6 at 8:32 PM
finance.yahoo.com logo5:22 pm Allegiant Travel reports Jan total system traffic with RPMs +12.5% and ASMs +16.9% and issues capacity guidance
finance.yahoo.com - February 6 at 8:32 PM

Social

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, February 1st. Stockholders of record on Friday, March 3rd will be given a dividend of $0.70 per share on Wednesday, March 15th. This represents a $2.80 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, March 1st.

How were Allegiant Travel Company's earnings last quarter?

Allegiant Travel Company (NASDAQ:ALGT) posted its earnings results on Tuesday, January, 31st. The company reported $2.48 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.40 by $0.08. The company had revenue of $335.90 million for the quarter, compared to analysts' expectations of $333.25 million. Allegiant Travel Company had a net margin of 16.11% and a return on equity of 54.38%. The business's revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.38 EPS.

When will Allegiant Travel Company make its next earnings announcement?

Allegiant Travel Company is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

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

11 brokerages have issued 1 year target prices for Allegiant Travel Company's stock. Their forecasts range from $132.00 to $190.00. On average, they anticipate Allegiant Travel Company's share price to reach $168.25 in the next year.

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)

Are investors shorting Allegiant Travel Company?

Allegiant Travel Company saw a drop in short interest in March. As of March 15th, there was short interest totalling 709,047 shares, a drop of 0.8% from the February 28th total of 714,692 shares. Based on an average daily volume of 100,765 shares, the days-to-cover ratio is currently 7.0 days.

Who owns Allegiant Travel Company stock?

Allegiant Travel Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nationwide Fund Advisors (0.49%), Capital Investment Services of America Inc. (0.42%), RK Asset Management LLC (0.29%), Midas Management Corp (0.08%), Nisa Investment Advisors LLC (0.05%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Allegiant Travel Company stock include Gary Ellmer, John Redmond, Jude Bricker, Scott Matthew Allard and Scott Sheldon.

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 Capstone Asset Management Co., Nisa Investment Advisors LLC and Bank of Montreal Can. Company insiders that have sold Allegiant Travel Company stock in the last year include Gary Ellmer, Jude Bricker, Scott Matthew Allard and Scott Sheldon.

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

Allegiant Travel Company's stock was bought by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc., Nationwide Fund Advisors, Americafirst Capital Management LLC, James Investment Research Inc., Louisiana State Employees Retirement System, State of Alaska Department of Revenue and RK Asset Management LLC.

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.

How much does a share of Allegiant Travel Company stock cost?

One share of Allegiant Travel Company stock can currently be purchased for approximately $165.05.

Allegiant Travel Company (ALGT) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff