Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. As of May 23, 2018, it operated a fleet of 99 Airbus aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms, ground transportation, and attractions; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company offers leases spare engines to a third party; and offers management solutions to golf courses. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Air transportation, scheduled
Sub-IndustryAirlines
SectorTransportation
SymbolNASDAQ:ALGT
CUSIP01748X10
Phone702-851-7300
Debt
Debt-to-Equity Ratio1.64
Current Ratio0.92
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio14.55
Forward P/E Ratio13.21
P/E Growth0.49
Sales & Book Value
Annual Sales$1.50 billion
Price / Sales1.49
Cash Flow$16.8485 per share
Price / Cash8.25
Book Value$34.08 per share
Price / Book4.08
Profitability
EPS (Most Recent Fiscal Year)$9.55
Net Income$194.90 million
Net Margins13.42%
Return on Equity32.61%
Return on Assets8.20%
Miscellaneous
Employees3,951
Outstanding Shares16,150,000
Market Cap$2,312.54
Allegiant Travel (NASDAQ:ALGT) Frequently Asked Questions
What is Allegiant Travel's stock symbol?
Allegiant Travel trades on the NASDAQ under the ticker symbol "ALGT."
How often does Allegiant Travel pay dividends? What is the dividend yield for Allegiant Travel?
Allegiant Travel declared a quarterly dividend on Thursday, April 26th. Investors of record on Friday, May 18th will be paid a dividend of $0.70 per share on Friday, June 1st. This represents a $2.80 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Thursday, May 17th. View Allegiant Travel's Dividend History.
How will Allegiant Travel's stock buyback program work?
Allegiant Travel announced that its board has authorized a share repurchase program on Thursday, July 27th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.
How were Allegiant Travel's earnings last quarter?
Allegiant Travel (NASDAQ:ALGT) released its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $3.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.41. The transportation company earned $425.44 million during the quarter, compared to analysts' expectations of $424.10 million. Allegiant Travel had a net margin of 13.42% and a return on equity of 32.61%. Allegiant Travel's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.50 earnings per share. View Allegiant Travel's Earnings History.
When is Allegiant Travel's next earnings date?
What guidance has Allegiant Travel issued on next quarter's earnings?
Allegiant Travel updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.92.
What price target have analysts set for ALGT?
12 equities research analysts have issued 12 month price objectives for Allegiant Travel's shares. Their forecasts range from $117.00 to $193.00. On average, they anticipate Allegiant Travel's stock price to reach $159.5920 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Ratings for Allegiant Travel.
What is the consensus analysts' recommendation for Allegiant Travel?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Allegiant Travel's key competitors?
Some companies that are related to Allegiant Travel include easyJet (EJTTF), Alaska Air Group (ALK), Intl Cons Airl/S (ICAGY), China Southern Airlines (ZNH), LATAM Airlines Group (LTM), CATHAY Pac AIRW/S (CPCAY), JetBlue Airways (JBLU), Azul (AZUL), Copa (CPA), Air France-KLM (AFLYY), SkyWest (SKYW), Hawaiian (HA), Gol Linhas Aereas Inteligentes (GOL), Controladora Vuela Co Avcn SA CV (VLRS) and Avianca (AVH).
Who are Allegiant Travel's key executives?
Allegiant Travel's management team includes the folowing people:
- Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 68)
- Mr. John T. Redmond, Pres & Director (Age 59)
- Mr. Scott D. Sheldon, Exec. VP, CFO & COO (Age 40)
- Mr. Gregory Clark Anderson, Sr. VP, Treasury, Principal Accounting Officer & Sec. (Age 36)
- Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer
Has Allegiant Travel been receiving favorable news coverage?
Media coverage about ALGT stock has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Allegiant Travel earned a news impact score of 0.08 on Accern's scale. They also assigned media stories about the transportation company an impact score of 45.35 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Allegiant Travel's major shareholders?
Allegiant Travel's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Capital Investment Services of America Inc. (0.42%). Company insiders that own Allegiant Travel stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Jude Bricker, Maurice J Gallagher Jr, Scott Matthew Allard and Scott Sheldon. View Institutional Ownership Trends for Allegiant Travel.
Which institutional investors are buying Allegiant Travel stock?
How do I buy shares of Allegiant Travel?
Shares of ALGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Allegiant Travel's stock price today?
One share of ALGT stock can currently be purchased for approximately $139.00.
How big of a company is Allegiant Travel?
Allegiant Travel has a market capitalization of $2.31 billion and generates $1.50 billion in revenue each year. The transportation company earns $194.90 million in net income (profit) each year or $9.55 on an earnings per share basis. Allegiant Travel employs 3,951 workers across the globe.
How can I contact Allegiant Travel?
Allegiant Travel's mailing address is 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144. The transportation company can be reached via phone at 702-851-7300.
MarketBeat Community Rating for Allegiant Travel (NASDAQ ALGT)
MarketBeat's community ratings are surveys of what our community members think about Allegiant Travel and other stocks. Vote "Outperform" if you believe ALGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
