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
|Historical stock prices|
|Current Share Price||US$104.20|
|52 Week High||US$215.48|
|52 Week Low||US$102.99|
|1 Month Change||-7.75%|
|3 Month Change||-26.40%|
|1 Year Change||-46.49%|
|3 Year Change||-26.95%|
|5 Year Change||-16.20%|
|Change since IPO||315.14%|
Recent News & Updates
Some Investors May Be Worried About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
|ALGT||US Airlines||US Market|
Return vs Industry: ALGT underperformed the US Airlines industry which returned -21.5% over the past year.
Return vs Market: ALGT underperformed the US Market which returned -13% over the past year.
|ALGT Average Weekly Movement||7.1%|
|Airlines Industry Average Movement||8.2%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.2%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: ALGT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ALGT's weekly volatility (7%) has been stable over the past year.
About the Company
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
|ALGT fundamental statistics|
Is ALGT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ALGT income statement (TTM)|
|Cost of Revenue||US$1.65b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.54|
|Net Profit Margin||2.19%|
How did ALGT perform over the long term?See historical performance and comparison
Is ALGT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is ALGT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ALGT's PE Ratio compare to its peers?
|ALGT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SNCY Sun Country Airlines Holdings
CPA Copa Holdings
ALK Alaska Air Group
ALGT Allegiant Travel
Price-To-Earnings vs Peers: ALGT is good value based on its Price-To-Earnings Ratio (41.1x) compared to the peer average (45.6x).
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 (41.1x) compared to the US Airlines industry average (20.4x)
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.
|Current PE Ratio||41.1x|
|Fair PE Ratio||71.6x|
Price-To-Earnings vs Fair Ratio: ALGT is good value based on its Price-To-Earnings Ratio (41.1x) compared to the estimated Fair Price-To-Earnings Ratio (71.6x).
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.
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How is Allegiant Travel forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALGT's forecast earnings growth (85.1% per year) is above the savings rate (1.9%).
Earnings vs Market: ALGT's earnings (85.1% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: ALGT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALGT's revenue (14% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: ALGT's revenue (14% 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 (20%).
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How has Allegiant Travel performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
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%) underperformed the Airlines industry 26.9%.
Return on Equity
High ROE: ALGT's Return on Equity (3.8%) is considered low.
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How is Allegiant Travel's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
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).
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What is Allegiant Travel current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
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.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Redmond (63 yo)
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...
Experienced Management: ALGT's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: ALGT's board of directors are seasoned and experienced ( 11.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Allegiant Travel Company's employee growth, exchange listings and data sources
- Name: Allegiant Travel Company
- Ticker: ALGT
- Exchange: NasdaqGS
- Founded: 1997
- Industry: Airlines
- Sector: Transportation
- Implied Market Cap: US$1.876b
- Shares outstanding: 18.00m
- Website: https://www.allegiantair.com
Number of Employees
- Allegiant Travel Company
- 1201 North Town Center Drive
- Las Vegas
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/09 00:00|
|End of Day Share Price||2022/08/09 00:00|
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.