Allegiant Travel Future Growth

Future criteria checks 4/6

Allegiant Travel is forecast to grow earnings and revenue by 101.2% and 9.1% per annum respectively while EPS is expected to grow by 101.1% per annum.

Key information

101.2%

Earnings growth rate

101.1%

EPS growth rate

Airlines earnings growth	21.0%
Revenue growth rate	9.1%
Future return on equity	n/a
Analyst coverage	Good
Last updated	26 Aug 2024

Recent future growth updates

Recent updates

Allegiant Air: A Budget Carrier At Budget Prices

Aug 14

More Unpleasant Surprises Could Be In Store For Allegiant Travel Company's (NASDAQ:ALGT) Shares After Tumbling 26%

Aug 13

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

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

Jun 19

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

May 04

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

Feb 03

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

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	3,094	138	N/A	N/A	6
12/31/2025	2,805	77	-179	385	9
12/31/2024	2,499	-47	-180	230	9
6/30/2024	2,499	-14	-346	313	N/A
3/31/2024	2,517	57	-499	375	N/A
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	N/A	417	N/A
12/31/2017	1,511	195	N/A	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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALGT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.5%).

Earnings vs Market: ALGT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ALGT is expected to become profitable in the next 3 years.

Revenue vs Market: ALGT's revenue (9.1% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: ALGT's revenue (9.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ALGT's Return on Equity is forecast to be high in 3 years time

Allegiant Travel Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Allegiant Travel Company Provides Consolidated Earnings Guidance for the Third Quarter of 2024

Consensus EPS estimates increase by 10%

Consensus EPS estimates fall by 14%

Price target decreased by 9.3% to US$65.40

Consensus EPS estimates fall by 49%

Price target decreased by 11% to US$75.67

Recent updates

Allegiant Air: A Budget Carrier At Budget Prices

More Unpleasant Surprises Could Be In Store For Allegiant Travel Company's (NASDAQ:ALGT) Shares After Tumbling 26%

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

New major risk - Financial position

Allegiant Travel Company Provides Consolidated Earnings Guidance for the Third Quarter of 2024

Allegiant Travel Company Announces CEO Changes

Consensus EPS estimates increase by 10%

Investor sentiment improves as stock rises 17%

Consensus EPS estimates fall by 14%

Price target decreased by 9.3% to US$65.40

Investor sentiment deteriorates as stock falls 16%

Allegiant Travel's (NASDAQ:ALGT) Anemic Earnings Might Be Worse Than You Think

Consensus EPS estimates fall by 49%

New major risk - Earnings quality

Executive VP & Chief Marketing Officer recently sold US$1.1m worth of stock

Allegiant Travel Company Stock Fails To Impress: Is There Upside?

New major risk - Financial position

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Allegiant Travel Company, Annual General Meeting, Jun 26, 2024

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