NASDAQ:ALGT - Allegiant Travel Stock Price, News, & Analysis

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$119.44 -1.05 (-0.87 %)
(As of 01/16/2019 08:00 AM ET)
Previous Close$120.49
Today's Range$118.25 - $123.00
52-Week Range$98.18 - $181.45
Volume107,000 shs
Average Volume234,760 shs
Market Capitalization$1.95 billion
P/E Ratio12.51
Dividend Yield2.32%
Beta0.71
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.

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Industry, Sector and Symbol

Industry Air transportation, scheduled
Sub-IndustryAirlines
SectorTransportation
Current SymbolNASDAQ:ALGT
CUSIP01748X10
Phone702-851-7300

Debt

Current Ratio0.53
Quick Ratio0.50

Price-To-Earnings

Sales & Book Value

Annual Sales$1.50 billion
Price / Sales1.28
Cash Flow$17.2104 per share
Price / Cash Flow6.94
Book Value$34.08 per share
Price / Book3.50

Profitability

Net Income$194.90 million
Net Margins12.42%
Return on Assets7.08%

Miscellaneous

Employees3,951
Market Cap$1.95 billion
OptionableOptionable

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, October 25th. Investors of record on Friday, November 23rd will be given a dividend of $0.70 per share on Wednesday, December 5th. This represents a $2.80 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Wednesday, November 21st. View Allegiant Travel's Dividend History.

How will Allegiant Travel's stock buyback program work?

Allegiant Travel declared that its Board of Directors has initiated a share repurchase plan on Thursday, July 27th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

How were Allegiant Travel's earnings last quarter?

Allegiant Travel (NASDAQ:ALGT) issued its quarterly earnings data on Wednesday, October, 24th. The transportation company reported $0.94 EPS for the quarter, missing the Zacks' consensus estimate of $0.96 by $0.02. The transportation company earned $393.11 million during the quarter, compared to analyst estimates of $390.30 million. Allegiant Travel had a return on equity of 26.83% and a net margin of 12.42%. Allegiant Travel's quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the company posted $1.39 earnings per share. View Allegiant Travel's Earnings History.

When is Allegiant Travel's next earnings date?

Allegiant Travel is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Allegiant Travel.

What guidance has Allegiant Travel issued on next quarter's earnings?

Allegiant Travel updated its FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $9.00-10.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.63. Allegiant Travel also updated its FY 2018 guidance to $9.00-10.00 EPS.

What price target have analysts set for ALGT?

9 equities research analysts have issued 12-month target prices for Allegiant Travel's stock. Their predictions range from $117.00 to $180.00. On average, they anticipate Allegiant Travel's stock price to reach $147.6667 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for Allegiant Travel.

What is the consensus analysts' recommendation for Allegiant Travel?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiant Travel in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegiant Travel.

What are Wall Street analysts saying about Allegiant Travel stock?

Here are some recent quotes from research analysts about Allegiant Travel stock:
  • 1. According to Zacks Investment Research, "Allegiant is being aided by constant efforts to modernize its fleet. In line with its fleet-modernization efforts, the carrier is not only adding new and more efficient planes but retiring old ones. Allegiant aims to maintain an all-airbus fleet by year-end and increase efficiences. The company intends to improve the flying experience of passengers by maintaining a single-fleet type. Additionally, Allegiant's efforts to reward shareholders in the form of share buybacks and dividend payments are encouraging. The Zacks Consensus Estimate for current-quarter earnings has increased 3.6% over the last 60 days. This reflects the positivity surrounding the stock. Despite such positives, we are concerned about the company's high debt levels. In fact, shares of the company have underperformed the industry it belongs to in the past year." (12/31/2018)
  • 2. Stifel Nicolaus analysts commented, "Dunkin’ Brands (DNKN) announced 2Q18 (June) pro forma EPS of $0.77, which beat our Street-matching $0.74 estimate. Aggressive buybacks added $0.02 to EPS relative to our pre-release model, with the remaining $0.01 beat due to a revenue beat." (7/26/2018)

Has Allegiant Travel been receiving favorable news coverage?

Media coverage about ALGT stock has trended positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allegiant Travel earned a news impact score of 2.2 on InfoTrie's scale. They also gave news coverage about the transportation company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of Allegiant Travel's key competitors?

Who are Allegiant Travel's key executives?

Allegiant Travel's management team includes the folowing people:
  • Mr. Maurice J. Gallagher Jr., Chairman & CEO (Age 69)
  • Mr. John T. Redmond, Pres & Director (Age 60)
  • Mr. Scott D. Sheldon, Exec. VP, CFO & COO (Age 41)
  • Mr. Gregory Clark Anderson, Sr. VP, Treasury, Principal Accounting Officer & Sec. (Age 37)
  • Mr. Robert P. Wilson III, Exec. VP & Chief Information Officer

Who are Allegiant Travel's major shareholders?

Allegiant Travel's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Capital Investment Services of America Inc. (0.38%), RK Asset Management LLC (0.23%), Louisiana State Employees Retirement System (0.03%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Allegiant Travel stock include Gary Ellmer, Gregory Clark Anderson, John Redmond, Jude Bricker, Maurice J Gallagher Jr, Robert Paul Wilson III and Scott Sheldon. View Institutional Ownership Trends for Allegiant Travel.

Which major investors are selling Allegiant Travel stock?

ALGT stock was sold by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc., RK Asset Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Maurice J Gallagher Jr, Robert Paul Wilson III and Scott Sheldon. View Insider Buying and Selling for Allegiant Travel.

Which major investors are buying Allegiant Travel stock?

ALGT stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for Allegiant Travel.

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 $119.44.

How big of a company is Allegiant Travel?

Allegiant Travel has a market capitalization of $1.95 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.

What is Allegiant Travel's official website?

The official website for Allegiant Travel is http://www.allegiantair.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  380 (Vote Outperform)
Underperform Votes:  455 (Vote Underperform)
Total Votes:  835
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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