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 February 2, 2018, it operated a fleet of 37 MD-80 aircraft and 53 Airbus A320 series aircraft provided services on 396 routes to 119 cities. 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
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 Ratio15.09
Forward P/E Ratio13.33
P/E Growth0.43
Sales & Book Value
Annual Sales$1.50 billion
Price / Sales1.55
Cash Flow$17.12 per share
Price / Cash8.42
Book Value$34.08 per share
Price / Book4.23
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
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 announced a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 18th will be given a dividend of $0.70 per share on Friday, June 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Thursday, May 17th. 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 buyback plan on Thursday, July 27th 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.
How were Allegiant Travel's earnings last quarter?
Allegiant Travel (NASDAQ:ALGT) announced its quarterly earnings data on Wednesday, April, 25th. The transportation company reported $3.42 EPS for the quarter, beating the Zacks' consensus estimate of $3.01 by $0.41. The transportation company had revenue of $425.44 million for the quarter, compared to analyst estimates of $424.10 million. Allegiant Travel had a return on equity of 32.61% and a net margin of 13.42%. Allegiant Travel's revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company posted $2.50 EPS. 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 (EPS) guidance of $10.00-12.00 for the period, compared to the Thomson Reuters consensus estimate of $10.92.
What price target have analysts set for ALGT?
13 Wall Street analysts have issued 1-year target prices for Allegiant Travel's shares. Their predictions range from $119.00 to $193.00. On average, they expect Allegiant Travel's share price to reach $164.3564 in the next twelve months. View Analyst Ratings for Allegiant Travel.
Who are some of Allegiant Travel's key competitors?
Some companies that are related to Allegiant Travel include Alaska Air Group (ALK), Intl Cons Airl/S (ICAGY), LATAM Airlines Group (LTM), CATHAY Pac AIRW/S (CPCAY), JetBlue Airways (JBLU), easyJet (EJTTF), Azul (AZUL), Copa (CPA), Air France-KLM (AFLYY), SkyWest (SKYW), Hawaiian (HA), Gol Linhas Aereas Inteligentes (GOL), Avianca (AVH), Controladora Vuela Co Avcn SA CV (VLRS) and Great Lakes Aviation (GLUX).
Who are Allegiant Travel's key executives?
Allegiant Travel's management team includes the folowing people:
- Mr. Maurice J. Gallagher Jr., Chairman and Chief Exec. Officer (Age 68)
- Mr. John T. Redmond, Pres and Director (Age 60)
- Mr. Scott D. Sheldon, CFO, COO & Exec. VP (Age 40)
- Mr. Gregory Clark Anderson CPA, Principal Accounting Officer, Sr. VP of Treasury and Sec. (Age 36)
- Mr. Robert P. Wilson III, Sr. VP & Interim Chief Information Officer
Has Allegiant Travel been receiving favorable news coverage?
News headlines about ALGT stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Allegiant Travel earned a coverage optimism score of 0.07 on Accern's scale. They also assigned media stories about the transportation company an impact score of 45.49 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Allegiant Travel's major shareholders?
Allegiant Travel's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.93%), Wasatch Advisors Inc. (4.73%), Neuberger Berman Group LLC (4.20%), Franklin Resources Inc. (4.00%), Dimensional Fund Advisors LP (2.63%) and Diamond Hill Capital Management Inc. (2.49%). 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 selling Allegiant Travel stock?
ALGT stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Sei Investments Co., Dimensional Fund Advisors LP, JPMorgan Chase & Co., Franklin Resources Inc., Diamond Hill Capital Management Inc., Victory Capital Management Inc. and Jupiter Asset Management Ltd.. Company insiders that have sold Allegiant Travel company stock in the last year include Gary Ellmer, Gregory Clark Anderson, Maurice J Gallagher Jr and Scott Sheldon. View Insider Buying and Selling for Allegiant Travel.
Which institutional investors are buying Allegiant Travel stock?
ALGT stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Matarin Capital Management LLC, Neuberger Berman Group LLC, First Pacific Advisors LLC, New York State Common Retirement Fund, Wesbanco Bank Inc., BlackRock Inc. and Prudential Financial Inc.. 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 $144.15.
How big of a company is Allegiant Travel?
Allegiant Travel has a market capitalization of $2.36 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 (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.
