Allegiant Travel Future Growth

Future criteria checks 4/6

Allegiant Travel is forecast to grow earnings and revenue by 20.4% and 8.3% per annum respectively. EPS is expected to grow by 20.3% per annum. Return on equity is forecast to be 12.4% in 3 years.

Key information

20.4%

Earnings growth rate

20.3%

EPS growth rate

Airlines earnings growth	16.1%
Revenue growth rate	8.3%
Future return on equity	12.4%
Analyst coverage	Good
Last updated	11 Apr 2024

Recent future growth updates

Recent updates

Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Mar 29

Here's What's Concerning About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Feb 23

At US$76.26, Is Allegiant Travel Company (NASDAQ:ALGT) Worth Looking At Closely?

Feb 08

Is Allegiant Travel (NASDAQ:ALGT) A Risky Investment?

Sep 25

Is It Time To Consider Buying Allegiant Travel Company (NASDAQ:ALGT)?

Sep 07

Here's Why We Think Allegiant Travel (NASDAQ:ALGT) Might Deserve Your Attention Today

Aug 06

Investors Could Be Concerned With Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Jul 23

Here's What's Concerning About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Nov 02

Allegiant Travel (NASDAQ:ALGT) Use Of Debt Could Be Considered Risky

Oct 10

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

Sep 15

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

Aug 30

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

Aug 22

Allegiant Travel announces $500M senior note offering

Aug 10

Some Investors May Be Worried About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Aug 04

Allegiant Travel expects to report Q2 earnings below estimates

Jul 25

These 4 Measures Indicate That Allegiant Travel (NASDAQ:ALGT) Is Using Debt Extensively

Jul 12

Allegiant Travel Surges: A Look At Results

May 27

Earnings and Revenue Growth Forecasts

NasdaqGS:ALGT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,199	186	N/A	N/A	4
12/31/2025	2,989	151	-317	535	8
12/31/2024	2,698	79	-462	430	8
12/31/2023	2,510	113	-447	423	N/A
9/30/2023	2,510	168	-349	451	N/A
6/30/2023	2,505	146	-293	422	N/A
3/31/2023	2,451	65	-234	342	N/A
12/31/2022	2,302	2	-228	303	N/A
9/30/2022	2,187	-39	-96	386	N/A
6/30/2022	2,086	46	-16	361	N/A
3/31/2022	1,929	135	242	546	N/A
12/31/2021	1,708	150	283	538	N/A
9/30/2021	1,458	110	82	331	N/A
6/30/2021	1,199	42	118	363	N/A
3/31/2021	860	-144	80	296	N/A
12/31/2020	990	-184	-47	235	N/A
9/30/2020	1,205	-96	42	398	N/A
6/30/2020	1,440	-24	-2	441	N/A
3/31/2020	1,799	139	-130	388	N/A
12/31/2019	1,841	229	-65	442	N/A
9/30/2019	1,792	210	-23	388	N/A
6/30/2019	1,749	182	-31	351	N/A
3/31/2019	1,694	162	-44	344	N/A
12/31/2018	1,667	160	22	357	N/A
9/30/2018	1,634	201	-142	379	N/A
6/30/2018	1,592	209	-174	411	N/A
3/31/2018	1,557	208	-174	417	N/A
12/31/2017	1,511	195	-190	391	N/A
9/30/2017	1,468	154	N/A	341	N/A
6/30/2017	1,451	176	N/A	354	N/A
3/31/2017	1,393	188	N/A	333	N/A
12/31/2016	1,379	219	N/A	348	N/A
9/30/2016	1,337	234	N/A	406	N/A
6/30/2016	1,303	233	N/A	391	N/A
3/31/2016	1,280	227	N/A	363	N/A
12/31/2015	1,261	219	N/A	365	N/A
9/30/2015	1,229	168	N/A	342	N/A
6/30/2015	1,195	138	N/A	353	N/A
3/31/2015	1,164	117	N/A	325	N/A
12/31/2014	1,137	86	N/A	270	N/A
9/30/2014	1,097	99	N/A	242	N/A
6/30/2014	1,060	102	N/A	203	N/A
3/31/2014	1,026	94	N/A	196	N/A
12/31/2013	996	92	N/A	197	N/A
9/30/2013	981	89	N/A	198	N/A
6/30/2013	969	89	N/A	201	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALGT's forecast earnings growth (20.4% per year) is above the savings rate (2.3%).

Earnings vs Market: ALGT's earnings (20.4% per year) are forecast to grow faster than the US market (14.4% per year).

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

Revenue vs Market: ALGT's revenue (8.3% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: ALGT's revenue (8.3% 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 (12.4%).

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Allegiant Travel Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 11% to US$75.67

Consensus EPS estimates fall by 16%

Consensus EPS estimates fall by 10%, revenue upgraded

Price target decreased by 8.7% to US$101

Price target decreased by 9.8% to US$106

Price target decreased by 7.2% to US$114

Recent updates

Price target decreased by 11% to US$75.67

Consensus EPS estimates fall by 16%

Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Here's What's Concerning About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Allegiant Travel Company Announces Ten New Routes

Consensus EPS estimates fall by 10%, revenue upgraded

At US$76.26, Is Allegiant Travel Company (NASDAQ:ALGT) Worth Looking At Closely?

Full year 2023 earnings: EPS exceeds analyst expectations

Allegiant Travel Company Announces Quarterly Dividend, Payable on March 1, 2024

Insufficient new directors

Allegiant Announces Twelve New Nonstop Routes to Popular Vacation Destinations

Allegiant Travel Company Relocate Its Nashville International Airport's Operations

Price target decreased by 8.7% to US$101

Price target decreased by 9.8% to US$106

Price target decreased by 7.2% to US$114

Allegiant Travel Company Announces Resignation of John Redmond as Member of the Board of Directors

Is Allegiant Travel (NASDAQ:ALGT) A Risky Investment?

Allegiant Travel Company (NasdaqGS:ALGT) entered into a definitive agreement to acquire Boston Logan and Newark Liberty International Airports from Spirit Airlines, Inc. (NYSE:SAVE).

Is It Time To Consider Buying Allegiant Travel Company (NASDAQ:ALGT)?

Consensus EPS estimates fall by 11%

Independent Director recently sold US$210k worth of stock

Consensus EPS estimates increase by 12%

New major risk - Earnings quality

Upcoming dividend of US$0.60 per share at 2.1% yield

Here's Why We Think Allegiant Travel (NASDAQ:ALGT) Might Deserve Your Attention Today

New minor risk - Dividend sustainability

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.5% to US$127

Allegiant Travel Company Declares Annual Cash Dividend, Payable on September 1, 2023

Investors Could Be Concerned With Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Allegiant Announces Six New Routes with One-Way Fares as Low as $40

Allegiant Travel Company(NasdaqGS:ALGT) dropped from Russell 2000 Growth-Defensive Index

Allegiant Travel (NASDAQ:ALGT) Has A Somewhat Strained Balance Sheet

President recently sold US$403k worth of stock

Allegiant Travel Company Unveils Special Livery Dedicated to Insomniac Fans

Insider recently sold US$116k worth of stock

Insider notifies of intention to sell stock

Price target increased by 9.2% to US$111

Allegiant Travel Company Revises Operating Guidance for the Full Year 2023

What Does Allegiant Travel Company's (NASDAQ:ALGT) Share Price Indicate?

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 12%

Executive VP & Chief Marketing Officer recently sold US$142k worth of stock

Allegiant Announces Eight New Routes

Insider recently sold US$200k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Allegiant Travel Company Provides Operating and Earnings Guidance for the Full Year 2023

Allegiant Travel Company Announces Executive Changes

Allegiant Travel Company Announces Executive Changes

Executive VP & Chief Marketing Officer notifies of intention to sell stock

Price target decreased to US$98.00

Price target decreased to US$101

Allegiant Announces Two New Nonstop Routes to Nashville

Price target decreased to US$111

Insufficient new directors

Price target decreased to US$111

Third quarter 2022 earnings: EPS misses analyst expectations

Allegiant Travel Company Provides Earnings Guidance for the Fourth Quarter 2022

Insufficient new directors

Here's What's Concerning About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Price target decreased to US$134

Investor sentiment deteriorated over the past week

Allegiant Travel (NASDAQ:ALGT) Use Of Debt Could Be Considered Risky

Executive VP & Chief Marketing Officer notifies of intention to sell stock

Consensus forecasts updated

Investor sentiment deteriorated over the past week

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

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