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: $2.09071 billion
  • Outstanding Shares: 16,197,000
Average Prices:
  • 50 Day Moving Avg: $121.52
  • 200 Day Moving Avg: $141.23
  • 52 Week Range: $111.54 - $182.25
  • Trailing P/E Ratio: 12.20
  • Foreward P/E Ratio: 11.67
  • P/E Growth: -3.59
Sales & Book Value:
  • Annual Revenue: $1.44 billion
  • Price / Sales: 1.46
  • Book Value: $28.37 per share
  • Price / Book: 4.59
  • Annual Dividend: $2.80
  • Dividend Yield: 2.2%
  • EBIDTA: $426.21 million
  • Net Margins: 12.23%
  • Return on Equity: 37.66%
  • Return on Assets: 10.41%
  • Debt-to-Equity Ratio: 1.66%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.85%
  • Average Volume: 147,880 shs.
  • Beta: -0.01
  • Short Ratio: 7.19

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 declared a quarterly dividend on Monday, August 7th. Stockholders of record on Friday, August 18th will be given a dividend of $0.70 per share on Tuesday, September 5th. This represents a $2.80 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Wednesday, August 16th. View Allegiant Travel Company's Dividend History.

How will Allegiant Travel Company's stock buyback program work?

Allegiant Travel Company announced that its Board of Directors has authorized a share buyback plan on Thursday, July 27th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 4.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

How were Allegiant Travel Company's earnings last quarter?

Allegiant Travel Company (NASDAQ:ALGT) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $2.94 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.96 by $0.02. The company had revenue of $400.60 million for the quarter, compared to analyst estimates of $399.58 million. Allegiant Travel Company had a net margin of 12.23% and a return on equity of 37.66%. The business's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.68 EPS. 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 Wednesday, October, 25th 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 1-year price targets for Allegiant Travel Company's stock. Their forecasts range from $130.00 to $186.00. On average, they expect Allegiant Travel Company's share price to reach $148.00 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, "Even though shares of Allegiant have underperformed its industry so far this year, we remain positive on the improved scenario with respect to total revenue per available seat miles (TRASM). The metric improved 3.1% in the second quarter aided by the shift of Easter into April. Additionally, we are impressed by Allegiant’s efforts to reward shareholders. The company’s efforts to modernize its fleet are also encouraging. However, we remain mindful of the high labor costs, which hurt the bottom line in the second quarter. Consequently, earnings contracted 20.11% on a year-over-year basis and also missed the Zacks Consensus Estimate. High costs are expected to limit bottom-line growth in the third quarter as well." (7/28/2017)
  • 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, Interim 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
  • Charles W. Pollard, Independent Director

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 BlackRock Inc. (9.52%), Vanguard Group Inc. (7.27%), Renaissance Technologies LLC (7.01%), FMR LLC (6.26%), Wasatch Advisors Inc. (4.44%) and TimesSquare Capital Management LLC (4.18%). Company insiders that own Allegiant Travel Company stock include Gary Ellmer, Gregory Clark Anderson, 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 Franklin Resources Inc., Renaissance Technologies LLC, Schroder Investment Management Group, Prudential Financial Inc., TIAA CREF Investment Management LLC, Alliancebernstein L.P., Citigroup Inc. and Wasatch Advisors Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Capital Research Global Investors, FMR LLC, TimesSquare Capital Management LLC, Investment Counselors of Maryland LLC, New York State Common Retirement Fund, Mutual of America Capital Management LLC, Goldman Sachs Group Inc. and Coatue Management LLC. 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 $130.10.

MarketBeat Community Rating for Allegiant Travel Company (NASDAQ ALGT)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  576
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) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $148.00 (13.76% upside)

Analysts' Ratings History for Allegiant Travel Company (NASDAQ:ALGT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/22/2017Stifel NicolausReiterated RatingHold$135.00N/AView Rating Details
9/14/2017Barclays PLCReiterated RatingSell$130.00LowView Rating Details
8/30/2017Cowen and CompanyLower Price TargetMarket Perform -> Market Perform$150.00 -> $136.00HighView Rating Details
8/17/2017Morgan StanleyLower Price TargetEqual Weight$139.00 -> $133.00HighView Rating Details
7/27/2017Deutsche Bank AGReiterated RatingHold$153.00 -> $130.00MediumView Rating Details
7/12/2017SidotiReiterated RatingBuy$183.00 -> $186.00LowView Rating Details
6/30/2017Bank of America CorporationLower Price TargetNeutral$175.00 -> $165.00MediumView Rating Details
5/9/2017Imperial CapitalLower Price TargetIn -> In-Line$155.00 -> $148.00LowView Rating Details
11/30/2016Credit Suisse GroupSet Price TargetHold$132.00N/AView Rating Details
11/21/2016Wolfe ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
11/18/2016Citigroup Inc.Initiated 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
1/28/2016Evercore ISIUpgradeHold -> BuyN/AView Rating Details
(Data available from 9/24/2015 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
10/24/2017$1.91N/AView Earnings Details
7/26/2017Q2 2017$2.96$2.94$399.58 million$400.60 millionViewN/AView Earnings Details
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: $9.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$2.58$2.58$2.58
Q2 20171$2.92$2.92$2.92
Q3 20171$1.56$1.56$1.56
Q4 20171$2.15$2.15$2.15
(Data provided by Zacks Investment Research)


Current Dividend Information for Allegiant Travel Company (NASDAQ:ALGT)
Most Recent Dividend:9/5/2017
Annual Dividend:$2.80
Dividend Yield:2.15%
Payout Ratio:26.24% (Trailing 12 Months of Earnings)
30.24% (Based on This Year's Estimates)
25.11% (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: 82.39%
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 Company (ALGT) Rating Reiterated by Stifel Nicolaus - September 23 at 9:38 PM logoCan Spirit Airlines’ Passenger Demand Keep Up with Capacity Growth? - September 22 at 7:41 PM logoAllegiant Travel Co. breached its 50 day moving average in a Bullish Manner : ALGT-US : September 21, 2017 - September 22 at 2:37 PM logoAllegiant Travel Co. : ALGT-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 18, 2017 - September 18 at 4:07 PM logoAllegiant Travel's (ALGT) "Sell" Rating Reaffirmed at Barclays PLC - September 14 at 9:35 AM logoTampa International Airport aims to be fully operational by the weekend (Video) - September 12 at 3:57 PM logoHow Allegiant flights are being affected at St. Pete-Clearwater International - September 12 at 3:57 PM logoHere's the latest on Tampa Bay's airports after Hurricane Irma - September 11 at 4:35 PM logoETFs with exposure to Allegiant Travel Co. : September 9, 2017 - September 9 at 2:19 AM logoIrma updates: Frontier, Southwest cancel weekend Tampa International flights - September 8 at 4:08 PM logoAirline stocks bounce as Hurricane Irma’s downgrade helps offset Southwest’s warning - September 8 at 4:08 PM logoAllegiant Travel updates on traffic - September 7 at 3:43 PM logoAllegiant Travel Co. :ALGT-US: Earnings Analysis: Q2, 2017 By the Numbers : September 7, 2017 - September 7 at 3:43 PM logoAllegiant Reports August 2017 Traffic - September 7 at 3:43 PM logoSt. Pete-Clearwater Airport closing because of Hurricane Irma - September 7 at 3:43 PM logoValuEngine Lowers Allegiant Travel Company (ALGT) to Hold - September 3 at 10:46 PM logoAllegiant Travel Company (ALGT) Receives Consensus Rating of "Hold" from Analysts - September 2 at 8:46 PM logoWhy Hold Strategy is Apt for Alaska Air Group (ALK) Now - September 1 at 4:17 PM logo[$$] Harvey Likely to Weigh on Houston's Commercial Property Market for Months - August 30 at 4:37 PM logoAllegiant Travel Company (ALGT) PT Lowered to $136.00 - August 30 at 10:28 AM logoAllegiant Travel updates on capex plans - August 29 at 9:08 PM logoAllegiant Travel (ALGT) Down 17.5% Since Earnings Report: Can It Rebound? - August 29 at 4:02 PM logoAllegiant Announces Sunseeker Resorts, Transformational Waterfront Development On Florida's Gulf Coast - August 29 at 4:02 PM logo[$$] Allegiant Air Ventures Into Real Estate - August 29 at 4:02 PM logoAllegiant Travel Company Schedules Call To Discuss Hotel Initiative - August 28 at 8:53 PM logoAllegiant Air ending service to Pennsylvania city from St. Pete-Clearwater - August 28 at 3:52 PM logoAllegiant adds new routes from Louisville and Columbus, Ohio - August 24 at 8:47 PM logoAllegiant Travel Company (ALGT) Rating Lowered to Strong Sell at BidaskClub - August 22 at 11:18 PM logoAllegiant Travel (ALGT) Slips to 52-Week Low: Here's Why - August 18 at 3:53 PM logoAllegiant Travel (ALGT) Slips to 52-Week Low: Here's Why - August 18 at 3:53 PM logoAllegiant Travel Company (ALGT) PT Lowered to $133.00 at Morgan Stanley - August 17 at 11:28 AM logoIs Allegiant Travel (ALGT) a Great Stock for Value Investors? - August 11 at 4:12 PM logoQ3 2017 EPS Estimates for Allegiant Travel Company (NASDAQ:ALGT) Decreased by Imperial Capital - August 10 at 12:10 PM logoSee what the IHS Markit Score report has to say about Allegiant Travel Co. - August 9 at 8:58 PM logoQ4 2017 EPS Estimates for Allegiant Travel Company Lifted by Analyst (NASDAQ:ALGT) - August 9 at 11:22 AM logoAllegiant Travel Company (NASDAQ:ALGT) Receives Consensus Recommendation of "Hold" from Brokerages - August 8 at 8:40 PM logoAllegiant Travel Company (NASDAQ:ALGT) Announces $0.70 Quarterly Dividend - August 8 at 9:46 AM logoAllegiant Travel (ALGT) Traffic Increases 2.7%, Capacity Up 3.6% - August 7 at 9:42 PM logoAllegiant Reports July 2017 Traffic - August 7 at 4:40 PM logoZacks: Analysts Anticipate Allegiant Travel Company (NASDAQ:ALGT) Will Announce Quarterly Sales of $354.80 Million - August 4 at 9:56 AM logoAirlines: Being on time costs way more money - August 2 at 3:37 PM logoZacks: Brokerages Anticipate Allegiant Travel Company (NASDAQ:ALGT) Will Announce Earnings of $1.57 Per Share - August 2 at 7:18 AM logoWhat Do You Want, Cheap Airfare or an On-Time Flight? - July 31 at 3:50 PM logoFPA Capital Comments on Allegiant Travel - July 29 at 2:23 AM logoAllegiant Travel Company (ALGT) Stock Rating Lowered by Zacks Investment Research - July 29 at 12:23 AM logoAllegiant (ALGT) Misses Q2 Earnings Estimates, Stock Falls - July 28 at 4:20 PM logoAllegiant Travel Co. breached its 50 day moving average in a Bearish Manner : ALGT-US : July 28, 2017 - July 28 at 4:20 PM logoAllegiant Travel Company (NASDAQ:ALGT) Earns Hold Rating from Deutsche Bank AG - July 27 at 10:26 PM logoAllegiant Travel is Now Oversold (ALGT) - July 27 at 8:22 PM logoEdited Transcript of ALGT earnings conference call or presentation 26-Jul-17 8:30pm GMT - July 27 at 3:19 PM



Allegiant Travel Company (ALGT) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff