company background image
ALGT

Allegiant Travel NasdaqGS:ALGT Stock Report

Last Price

US$78.74

Market Cap

US$1.4b

7D

-9.5%

1Y

-61.0%

Updated

28 Sep, 2022

Data

Company Financials +
ALGT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health2/6
Dividends0/6

ALGT Stock Overview

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States.

Allegiant Travel Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Allegiant Travel
Historical stock prices
Current Share PriceUS$78.74
52 Week HighUS$206.83
52 Week LowUS$74.24
Beta1.51
1 Month Change-18.07%
3 Month Change-30.37%
1 Year Change-61.01%
3 Year Change-47.23%
5 Year Change-40.21%
Change since IPO213.70%

Recent News & Updates

Sep 15

Southwest Airlines And Allegiant Air: 2 Airlines To Buy On Cracking Demand And Abnormally High Inflation

Summary As the cost of living increases, travelers might turn more cost-conscious again. Low-cost carriers are positioned well with ancillary service blocks developed during the pandemic to benefit. There are two airlines that stand out on financial metrics as well as management execution. For airlines as well as its consumers these are extremely interesting times, and not always for the good reasons. While demand has been sky-high for air travel as travel restrictions eased, other challenges emerged. Airports have been dealing with staffing shortages forcing airlines in Europe to drastically reduce their capacities and airlines themselves also are facing issues getting and training pilots fast enough and in the quantities needed to translate high demand into revenues to the fullest. The pressures on the airline industry sent average fares significantly higher, but high energy prices also provided a significant cost burden. So, there's a lot going on and recently we're also seeing that there are concerns on softening air fares and on consumer side there are concerns about inflation. In a series of two articles, I will be picking two low-cost airlines and two major airlines names that stand out for me and explain why I prefer those airlines over others in the current macro-economic landscape. Airline Bookings Are Under Pressure, Concerns On Global Economy In a recent news item by Seeking Alpha it was highlighted that weekly data showed that airline bookings had come under pressure in August being 23.6% lower compared to 2019 and pricing was 0.1% lower. It's not an immediately reason for concern as in 2019 there might have been a bump in bookings due to an approaching hurricane. That means that if there's a suitable way to normalize for this, data could have shown that more moderate declines and at the same time in the comparable week in 2019 pricing might have been elevated due to the increase in travel demand for that week. So, while it's hardly possible to make an apples-to-apples comparison because of the evolving nature and complexity of travel patterns and airlines operations, you could say that without a hurricane bookings and pricing would have been softer. However, I do believe that airline investing is not for the faint hearted. Surely, there are profits to be made but airlines are navigating an extremely tough environment at present. On the operations side, training and staffing has resulted in capacity recovery being somewhat slower than airlines initially desired. This sent fares up significantly as travel restrictions have started easing globally. This in turn was offset or partially offset by higher energy prices. So, there's an extremely challenging environment with a web of interdependencies. GDP growth and passenger traffic growth (The Boeing Company) Next to that we have to watch the state of the global economy as well. The slide above is from Boeing's 20-year forecast on GDP and traffic and fleet growth. Obviously a 20-year forecast figure does not tell you much about the near term. However, one thing to keep in mind is that at 2.6% annual GDP growth, the expectations for GDP growth have come down from forecasts of up to 3% in previous years. However, more interestingly is the coupling between traffic growth and GDP growth. In previous years we saw that for each percent in GDP growth traffic would grow by 1.65%. Applying that to the 2.6% annual growth rate, we would see around 4.2% in traffic growth. The traffic growth has often been around 4.5% to 5% and so the current GDP outlooks really seems to be putting a damper on traffic growth, and for every percent in GDP growth, traffic is now only growing by 1.46%. So, it's that coupling that has weakened and could be a cause for concern. Obviously in the GDP numbers a lot of elements are packed. Think about supply chain issues, economic damages from lockdowns, inflation and the current energy prices. That brings us to some elements that will cause doubt on financial performance for airlines. First, as inflation has skyrocketed to more than 8% there are inflationary cost pressures on staff and items like airport handling. That means higher costs for airlines, and with interest rates going up to battle that inflation, interest expenses also will grow for debt financing, a non-operational cost item for airlines. Then we have high oil prices, which are expected to account for 24% of the costs. This is similar to previous years but at a higher cost basis for fuel. So, overall costs have grown. That brings us to the consumer side. Over the course of the pandemic, consumers had the possibility to save money. The government was actively supporting companies so employees could keep getting paid and money was stacking up since there was simply nothing open to spend the money on apart from online shops, which saw logistical challenges. So, as travel markets reopened everybody wanted to travel and since they stacked money for basically the past one or two years paying elevated prices to recommence traveling was the norm. So, the airline cost growth was captured by the premium that the traveler paid and one can wonder whether that will remain the case. What we are seeing is that inflation is still very high and that also hurts the consumer. Whereas they might already have spent their money on more expensive trip, they are now confronted with day-to-day life having become more expensive. Prices at the gas station are still high and energy bills in Europe are skyrocketing. There are plenty of cases where the energy bill has doubled and consumers can expect and likely at the end of the year many households can expect an additional levy that would triple the energy bill. What this means is that savings evaporate or the ability to save up declines and willingness to commit to those more expensive airfares might be on the decline. I'm not saying that airlines are going to go belly up tomorrow, but changes in savings and for consumers might be providing less support to bookings and airfares in the future. LCC Stocks Could Be Providing A Solution Southwest Airlines Boeing 737 (Southwest Airlines) I believe that really no airline is insulated from the reality of reduced consumer purchasing power and airline cost challenges. However, as budgets for air travel might tighten again, I do believe that low-cost carriers or LCCs might have a favorable position. There are a couple of reasons for that. The first one is that LCCs have it in their core of business to keep costs low often at the expense of service. The second reason is that as budgets tighten, LCCs who can offer lower fares are in the spotlight for air travelers. So, there might indeed be people that can no longer afford to fly even on LCCs due to the current cost environment, but I believe there's a bigger group who would like to keep traveling and will opt for traveling on an LCC instead of a mainline carrier. There of course also is a group that will opt to fly less either on LCCs or on mainline carriers, but overall I do believe that the way LCCs manage their business offers opportunities as travelers grow more cost conscious. During the pandemic, LCCs also have worked on adding to their ancillary products which actually further allows travelers to buy in the services they require. Having these blocks of services and comfort that can be purchased allows people to keep traveling even in a challenging environment, giving them the options to buy what they desire. It won't match a mainline experience, but giving travelers some freedom in making things as expensive or cheap as they want is key here. So, which airlines are worthy of investment? That's what I will lay out in this report. So, first of all I want to focus on the US low-cost carriers. Europe has a good number of LCCs as well, but I also would say that in Europe there's a lot more concern on how consumers are going to cope with rising prices of day-to-day living to the extent that affording the primary needs becomes a challenge and even people with well paid jobs are feeling the pain. The list of US LCCs part of this analysis are: Frontier Airlines (ULCC) Southwest Airlines (LUV) JetBlue (JBLU) Sun Country Airlines (SNCY) Spirit Airlines (SAVE) Hawaiian Airlines (considered a low-cost carrier by some) (HA) Allegiant Travel Company (ALGT) Ruling Out Two Airlines From the list of seven airlines, I will already rule out two airlines from the start. These airlines are JetBlue and Spirit Airlines. JetBlue is an airline that really hasn't been able to manage their capacity problems well, I would say, and apart from that, the share prices of these two low-cost carriers are driven by their merger agreement which could take a long time to be finalized. Which Airline Stock Has The Best Papers? So, we are left with five airlines that we're going to be reviewing on various metrics. The first of those metrics are the operating margins. It gives us insight in how profitable the airlines are now with past quarters experiencing unprecedented demand as well as pre-pandemic performance. UL Operating Margin (TTM) data by YCharts Margins pretty much show the V-shaped recovery that we have heard much about during the pandemic and this was most visible with Hawaiian Airlines. Prior to the pandemic the top three low-cost players in terms of margins were as follows: Allegiant Travel Company Southwest Airlines Hawaiian Airlines Sun Country Airlines and Frontier Airlines started trading publicly during the pandemic, so there's no pre-pandemic comparison there. In the recovery phase, things look as follows: Southwest Airlines Sun Country Airlines Allegiant Travel Company So, we see that Allegiant Air Travel as well as Southwest Airlines have proven themselves prior to the pandemic as well as in the recovery phase. Sun Country Airlines also performed well in the recovery phase and the company benefits from a diversified business model including e-commerce driven freighter operations for Amazon (AMZN). Hawaiian Airlines did not make it into the top three and that can be attributed to the specifics for the airline. Tourism is big for Hawaiian Airlines and especially flights to and from Japan, and Japan has been a tough market as entry requirements were strict with a ban on individual tourists and a daily cap on incoming passengers. Relying a bit more on international travel, Hawaiian Airlines has lacked somewhat in the recovery but should definitely not be seen as the lesser airline. ULCC Financial Debt to EBITDA (TTM) data by YCharts The next metric I find useful to take a look at is the debt-to-EBITDA. You could look at just the total debt levels, but that doesn't take into account the scale of the airline. The debt-to-EBITDA tells us in an inverse way how much profit a company generates per unit debt or for the non-inversed metric how much debt a company has per unit earnings. The five-year charge is a painful one to look at because Allegiant Travel Company stretches the axis in both directions, but prior to the pandemic the top three looked as follows (ranked from best to worse): Southwest Airlines Hawaiian Airlines Allegiant Travel Company In the recovery phase things look as follows: Sun Country Airlines Southwest Airlines Allegiant Travel Company In the pre-pandemic era Southwest Airlines was the only airline having a debt-to-EBITDA ratio lower than one and a debt-to-EBITDA up to roughly 1.5x or 2x is what I would consider to be good for airlines. Southwest Airlines and Hawaiian Airlines are the only airlines that would perform up to standard and in the recovery phase we see that metrics have deteriorated for obvious reasons as airlines increased debt to survive. The top three airlines are all having debt-to-EBITDA ratios in excess of 2.5 now, but the bottom two airlines are not even generating provides yet in the twelve-month trailing metric. The next thing I want to have a look at is the credit rating: Airline Fitch Rating Southwest Airlines BBB+ (Negative) Frontier Airlines N/A Hawaiian Airlines B- (Stable) Sun Country Airlines N/A Allegiant Travel Company BB- (Stable)

Aug 30

Allegiant reports rise in passengers, traffic & capacity for July vs. pre-pandemic levels

Allegiant Travel (NASDAQ:ALGT) on Tuesday reported a rise in passengers, traffic and capacity for July 2022 compared to July 2019 from before the COVID-19 pandemic. ALGT posted preliminary numbers that showed it flew 1.94M total system passengers in July compared to 1.75M in July 2019. ALGT said July preliminary traffic, or revenue passenger miles, for scheduled service rose 15.4% from July 2019 to 1.71B. ALGT's July preliminary capacity, or available seat miles, for total system gained 11.6% from July 2019 to 1.93B. Scheduled service load factor for July was 90.5%, compared to 88.2% for July 2019. ALGT said its estimated average fuel cost per gallon for July was $4.05. Allegiant (ALGT) stock +2.9% to $98.87 in afternoon trading

Aug 22
Is There Now An Opportunity In Allegiant Travel Company (NASDAQ:ALGT)?

Is There Now An Opportunity In Allegiant Travel Company (NASDAQ:ALGT)?

Allegiant Travel Company ( NASDAQ:ALGT ), is not the largest company out there, but it saw significant share price...

Shareholder Returns

ALGTUS AirlinesUS Market
7D-9.5%-12.2%-5.8%
1Y-61.0%-40.3%-22.1%

Return vs Industry: ALGT underperformed the US Airlines industry which returned -40.3% over the past year.

Return vs Market: ALGT underperformed the US Market which returned -22.1% over the past year.

Price Volatility

Is ALGT's price volatile compared to industry and market?
ALGT volatility
ALGT Average Weekly Movement5.9%
Airlines Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: ALGT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ALGT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19975,226John Redmondhttps://www.allegiantair.com

Allegiant Travel Company, a leisure travel company, provides 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 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft.

Allegiant Travel Fundamentals Summary

How do Allegiant Travel's earnings and revenue compare to its market cap?
ALGT fundamental statistics
Market CapUS$1.42b
Earnings (TTM)US$45.67m
Revenue (TTM)US$2.09b

31.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALGT income statement (TTM)
RevenueUS$2.09b
Cost of RevenueUS$1.65b
Gross ProfitUS$438.84m
Other ExpensesUS$393.18m
EarningsUS$45.67m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.54
Gross Margin21.03%
Net Profit Margin2.19%
Debt/Equity Ratio159.2%

How did ALGT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ALGT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALGT?

Other financial metrics that can be useful for relative valuation.

ALGT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA10x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does ALGT's PE Ratio compare to its peers?

ALGT PE Ratio vs Peers
The above table shows the PE ratio for ALGT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average37.3x
SNCY Sun Country Airlines Holdings
101.1x102.1%US$832.0m
SKYW SkyWest
9.7x11.4%US$830.1m
CPA Copa Holdings
10.1x13.0%US$2.6b
ALK Alaska Air Group
24.6x40.6%US$5.0b
ALGT Allegiant Travel
31x88.6%US$1.4b

Price-To-Earnings vs Peers: ALGT is good value based on its Price-To-Earnings Ratio (31x) compared to the peer average (37.3x).


Price to Earnings Ratio vs Industry

How does ALGT's PE Ratio compare vs other companies in the Global Airlines Industry?

Price-To-Earnings vs Industry: ALGT is expensive based on its Price-To-Earnings Ratio (31x) compared to the Global Airlines industry average (10x)


Price to Earnings Ratio vs Fair Ratio

What is ALGT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALGT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31x
Fair PE Ratio74.5x

Price-To-Earnings vs Fair Ratio: ALGT is good value based on its Price-To-Earnings Ratio (31x) compared to the estimated Fair Price-To-Earnings Ratio (74.5x).


Share Price vs Fair Value

What is the Fair Price of ALGT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ALGT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ALGT's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is Allegiant Travel forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


88.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALGT's forecast earnings growth (88.6% per year) is above the savings rate (1.9%).

Earnings vs Market: ALGT's earnings (88.6% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: ALGT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALGT's revenue (11.7% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: ALGT's revenue (11.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALGT's Return on Equity is forecast to be low in 3 years time (17.1%).


Discover growth companies

Past Performance

How has Allegiant Travel performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALGT has a large one-off gain of $40.6M impacting its June 30 2022 financial results.

Growing Profit Margin: ALGT's current net profit margins (2.2%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: ALGT's earnings have declined by 27.2% per year over the past 5 years.

Accelerating Growth: ALGT's earnings growth over the past year (7.5%) exceeds its 5-year average (-27.2% per year).

Earnings vs Industry: ALGT earnings growth over the past year (7.5%) exceeded the Airlines industry 0.7%.


Return on Equity

High ROE: ALGT's Return on Equity (3.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Allegiant Travel's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALGT's short term assets ($1.4B) exceed its short term liabilities ($918.2M).

Long Term Liabilities: ALGT's short term assets ($1.4B) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: ALGT's net debt to equity ratio (61%) is considered high.

Reducing Debt: ALGT's debt to equity ratio has reduced from 191.2% to 159.2% over the past 5 years.

Debt Coverage: ALGT's debt is not well covered by operating cash flow (18.4%).

Interest Coverage: ALGT's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Allegiant Travel current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Allegiant Travel Dividend Yield vs Market
How does Allegiant Travel dividend yield compare to the market?
SegmentDividend Yield
Company (Allegiant Travel)0%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Airlines)3.3%
Analyst forecast in 3 Years (Allegiant Travel)0%

Notable Dividend: Unable to evaluate ALGT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ALGT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALGT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALGT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: ALGT is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ALGT has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

John Redmond (63 yo)

8.42yrs

Tenure

Mr. John T. Redmond had been an Interim Chief Executive Officer of Allegiant Travel Company since June 01, 2022. He serves as Chief Executive Officer at Allegiant Travel Company since 2022. He had been the...


Leadership Team

Experienced Management: ALGT's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: ALGT's board of directors are seasoned and experienced ( 11.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALGT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NasdaqGS:ALGT Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
07 Sep 22SellUS$36,562Scott DeAngeloIndividual378US$96.73
07 Sep 22SellUS$43,140Robert WilsonIndividual446US$96.73
25 Aug 22SellUS$182,068Robert WilsonIndividual1,800US$101.15
03 Aug 22SellUS$98,474Gregory AndersonIndividual858US$114.77
03 Aug 22SellUS$104,901Scott SheldonIndividual914US$114.77
17 May 22SellUS$135,126Robert WilsonIndividual900US$150.14
10 Mar 22SellUS$319,845Maurice GallagherIndividual2,193US$145.85
04 Mar 22SellUS$65,992Robert WilsonIndividual418US$157.88
25 Feb 22SellUS$217,563Gregory AndersonIndividual1,243US$175.03
10 Feb 22SellUS$226,625Gary EllmerIndividual1,225US$185.00
09 Feb 22SellUS$446,720Gregory AndersonIndividual2,499US$182.50
08 Feb 22SellUS$72,000Robert WilsonIndividual400US$180.00
07 Feb 22SellUS$1,882,075Scott SheldonIndividual11,000US$173.29
04 Feb 22SellUS$428,975Scott DeAngeloIndividual2,500US$171.59
04 Feb 22SellUS$305,940Rebecca AretosIndividual1,771US$172.75
02 Feb 22SellUS$83,137Gregory AndersonIndividual477US$174.29
02 Feb 22SellUS$100,392Scott SheldonIndividual576US$174.29
02 Feb 22SellUS$53,333Robert WilsonIndividual306US$174.29
02 Feb 22SellUS$48,976Scott DeAngeloIndividual281US$174.29
02 Feb 22SellUS$15,163Rebecca AretosIndividual87US$174.29
30 Dec 21SellUS$859,178Gregory AndersonIndividual4,496US$191.10
30 Dec 21SellUS$903,704Scott SheldonIndividual4,729US$191.10
30 Dec 21SellUS$376,655Robert WilsonIndividual1,971US$191.10
30 Dec 21SellUS$327,925Scott DeAngeloIndividual1,716US$191.10
30 Dec 21SellUS$63,445Rebecca AretosIndividual332US$191.10
26 Oct 21SellUS$33,207Rebecca AretosIndividual182US$182.45

Ownership Breakdown

What is the ownership structure of ALGT?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders2,826,60815.0%
Institutions16,071,85985.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 85.35% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
13.48%
BlackRock, Inc.
2,425,962$191.0m2.97%no data
13.28%
Maurice Gallagher
2,389,548$188.2m0%no data
9.19%
The Vanguard Group, Inc.
1,655,062$130.3m0.35%no data
7.39%
T. Rowe Price Group, Inc.
1,330,668$104.8m220.52%0.01%
4.39%
Neuberger Berman Investment Advisers LLC
790,325$62.2m-2.25%0.06%
3.4%
State Street Global Advisors, Inc.
612,427$48.2m-4.81%no data
3.31%
U.S. Global Investors, Inc.
595,985$46.9m-3.39%1.77%
2.79%
Diamond Hill Capital Management, Inc.
501,312$39.5m1.4%0.18%
2.68%
Macquarie Investment Management Business Trust
482,002$38.0m3.02%0.04%
2.41%
Channing Capital Management, LLC
433,246$34.1m30.04%1.23%
2.2%
Dimensional Fund Advisors LP
396,518$31.2m13%0.01%
2.2%
Par Capital Management, Inc.
395,500$31.1m-1.13%1.07%
2.2%
Balyasny Asset Management L.P.
395,496$31.1m17.59%0.14%
2.04%
Franklin Resources, Inc.
367,742$29.0m-0.04%0.01%
1.91%
Nationwide Fund Advisors
344,051$27.1m-1.29%0.2%
1.73%
Fort Washington Investment Advisors, Inc.
311,606$24.5m0.88%0.2%
1.67%
Marshall Wace LLP
299,852$23.6m143.99%0.06%
1.54%
Geode Capital Management, LLC
276,748$21.8m0.99%no data
1.36%
John Redmond
244,323$19.2m12.08%no data
1.26%
GW&K Investment Management, LLC
226,238$17.8m-6.27%0.2%
1.19%
Broad Run Investment Management, LLC
214,309$16.9m-2.34%1.61%
1.18%
Morgan Stanley, Investment Banking and Brokerage Investments
212,075$16.7m61.73%no data
0.96%
BNY Mellon Asset Management
173,019$13.6m3.67%no data
0.87%
Northern Trust Global Investments
156,306$12.3m-2.33%no data
0.73%
Royal London Asset Management Limited
131,796$10.4m-1.8%0.02%

Company Information

Allegiant Travel Company's employee growth, exchange listings and data sources


Key Information

  • Name: Allegiant Travel Company
  • Ticker: ALGT
  • Exchange: NasdaqGS
  • Founded: 1997
  • Industry: Airlines
  • Sector: Transportation
  • Implied Market Cap: US$1.417b
  • Shares outstanding: 18.00m
  • Website: https://www.allegiantair.com

Number of Employees


Location

  • Allegiant Travel Company
  • 1201 North Town Center Drive
  • Las Vegas
  • Nevada
  • 89144
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALGTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 2006
AGHDB (Deutsche Boerse AG)YesCommon StockDEEURDec 2006

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.