Analysts See $4.67 EPS for Allegiant Travel Company (ALGT)

Allegiant Travel Company (NASDAQ:ALGT) Logo
Investors sentiment increased to 1.56 in Q1 2019. Its up 0.20, from 1.36 in 2018Q4. It improved, as 17 investors sold Allegiant Travel Company shares while 45 reduced holdings. 33 funds opened positions while 64 raised stakes. 12.74 million shares or 4.24% less from 13.30 million shares in 2018Q4 were reported.
Renaissance Techs Ltd Liability Co holds 0.01% or 112,300 shares in its portfolio. Metropolitan Life Insurance Com holds 0% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT) for 2,599 shares. State Of Tennessee Treasury Department has 0.01% invested in Allegiant Travel Company (NASDAQ:ALGT). Cibc World accumulated 3,845 shares. Verition Fund Mgmt Ltd holds 0.08% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT) for 15,082 shares. Par Mngmt reported 1.63M shares. Us Natl Bank De reported 0% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT). Oregon Employees Retirement Fund has 0.01% invested in Allegiant Travel Company (NASDAQ:ALGT). Pub Employees Retirement Association Of Colorado, a Colorado-based fund reported 227 shares. Fmr Limited Liability holds 0.01% in Allegiant Travel Company (NASDAQ:ALGT) or 413,108 shares. Fuller Thaler Asset holds 0% in Allegiant Travel Company (NASDAQ:ALGT) or 105 shares. New York-based New Amsterdam Lc Ny has invested 0.92% in Allegiant Travel Company (NASDAQ:ALGT). Texas Permanent School Fund stated it has 8,733 shares or 0.02% of all its holdings. Thrivent For Lutherans invested in 9,752 shares or 0% of the stock. Diamond Hill Cap Mngmt holds 0.4% or 564,669 shares.

Analysts expect Allegiant Travel Company (NASDAQ:ALGT) to report $4.67 EPS on July, 24.They anticipate $1.57 EPS change or 50.65 % from last quarter’s $3.1 EPS. ALGT’s profit would be $76.05M giving it 7.96 P/E if the $4.67 EPS is correct. After having $3.98 EPS previously, Allegiant Travel Company’s analysts see 17.34 % EPS growth. The stock increased 2.89% or $4.17 during the last trading session, reaching $148.67. About 109,459 shares traded. Allegiant Travel Company (NASDAQ:ALGT) has declined 9.51% since July 14, 2018 and is downtrending. It has underperformed by 13.94% the S&P500.

Allegiant Travel Company (NASDAQ:ALGT) Ratings Coverage

Among 4 analysts covering Allegiant Travel (NASDAQ:ALGT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Allegiant Travel had 9 analyst reports since February 1, 2019 according to SRatingsIntel. Imperial Capital upgraded the shares of ALGT in report on Friday, February 1 to “Outperform” rating. The rating was maintained by Morgan Stanley on Monday, May 20 with “Equal-Weight”. As per Tuesday, July 9, the company rating was maintained by Citigroup. The firm earned “Buy” rating on Wednesday, March 20 by Imperial Capital. Deutsche Bank maintained it with “Buy” rating and $160 target in Friday, March 1 report.

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 has market cap of $2.42 billion. The firm offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. It has a 14.71 P/E ratio. As of February 1, 2017, it operated a fleet of 47 MD-80 aircraft, 34 Airbus A320 series aircraft, and 4 Boeing 757-200 aircraft provided services on 377 routes to 119 cities.

More notable recent Allegiant Travel Company (NASDAQ:ALGT) news were published by: Nasdaq.com which released: “Allegiant Travel Company (ALGT) Ex-Dividend Date Scheduled for June 13, 2019 – Nasdaq” on June 12, 2019, also Seekingalpha.com with their article: “Air fares bounce back in May – Seeking Alpha” published on June 12, 2019, Finance.Yahoo.com published: “The Zacks Analyst Blog Highlights: Spirit, SkyWest, Azul and Allegiant – Yahoo Finance” on February 13, 2019. More interesting news about Allegiant Travel Company (NASDAQ:ALGT) were released by: Prnewswire.com and their article: “Allegiant Travel Company Schedules First Quarter 2019 Earnings Call – PRNewswire” published on April 11, 2019 as well as Prnewswire.com‘s news article titled: “Allegiant Announces Aircraft Base in Grand Rapids, New Jobs and Future Growth Opportunities – PRNewswire” with publication date: January 15, 2019.

Allegiant Travel Company (NASDAQ:ALGT) Ratings Chart

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