Allegiant Travel Company (ALGT) EPS Estimated At $2.97

April 24, 2018 - By Clifton Ray

Allegiant Travel Company (NASDAQ:ALGT) LogoInvestors sentiment increased to 0.89 in 2017 Q4. Its up 0.09, from 0.8 in 2017Q3. It is positive, as 24 investors sold Allegiant Travel Company shares while 59 reduced holdings. 24 funds opened positions while 50 raised stakes. 14.43 million shares or 4.65% more from 13.79 million shares in 2017Q3 were reported.
Clearbridge Ltd Liability invested 0.28% in Allegiant Travel Company (NASDAQ:ALGT). Fmr Limited Liability Corporation, a Massachusetts-based fund reported 1.92 million shares. Piedmont Invest Limited Liability Corporation has invested 0.01% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT). Timessquare Cap Mgmt Ltd Liability Corporation reported 690,363 shares. Invsts reported 399,089 shares stake. Diamond Hill Capital Mngmt holds 0.31% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT) for 405,316 shares. 2,496 were accumulated by State Of Alaska Department Of Revenue. Ny State Common Retirement Fund accumulated 0.02% or 120,476 shares. D E Shaw And Communication holds 28,439 shares or 0.01% of its portfolio. Voya Investment Mgmt Limited Liability Company reported 0.09% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT). Bryn Mawr Trust stated it has 0.02% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT). Great West Life Assurance Can reported 15,384 shares stake. Barclays Public Llc has invested 0% in Allegiant Travel Company (NASDAQ:ALGT). Credit Suisse Ag holds 5,406 shares. Ameriprise holds 0% or 64,611 shares.

Since October 27, 2017, it had 0 insider buys, and 5 insider sales for $33.65 million activity. $808,188 worth of Allegiant Travel Company (NASDAQ:ALGT) was sold by Sheldon Scott on Friday, October 27. Anderson Gregory Clark had sold 1,650 shares worth $294,114. The insider ELLMER GARY sold 120 shares worth $21,408.

Analysts expect Allegiant Travel Company (NASDAQ:ALGT) to report $2.97 EPS on April, 25 after the close.They anticipate $0.47 EPS change or 18.80 % from last quarter’s $2.5 EPS. ALGT’s profit would be $47.22 million giving it 12.07 P/E if the $2.97 EPS is correct. After having $2.71 EPS previously, Allegiant Travel Company’s analysts see 9.59 % EPS growth. The stock decreased 0.66% or $0.95 during the last trading session, reaching $143.35. About 170,849 shares traded. Allegiant Travel Company (NASDAQ:ALGT) has risen 4.67% since April 24, 2017 and is uptrending. It has underperformed by 6.88% the S&P500.

Allegiant Travel Company (NASDAQ:ALGT) Ratings Coverage

Among 8 analysts covering Allegiant Travel (NASDAQ:ALGT), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Allegiant Travel has $210.0 highest and $142 lowest target. $171’s average target is 19.29% above currents $143.35 stock price. Allegiant Travel had 15 analyst reports since November 13, 2017 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Tuesday, January 9. The rating was maintained by Cowen & Co on Friday, December 1 with “Hold”. Deutsche Bank upgraded the stock to “Buy” rating in Thursday, December 21 report. Stifel Nicolaus maintained the shares of ALGT in report on Wednesday, January 10 with “Hold” rating. The company was maintained on Thursday, February 1 by Imperial Capital. The stock of Allegiant Travel Company (NASDAQ:ALGT) earned “Equal-Weight” rating by Morgan Stanley on Friday, April 6. The firm has “Neutral” rating given on Tuesday, December 5 by Buckingham Research. Morgan Stanley maintained Allegiant Travel Company (NASDAQ:ALGT) rating on Thursday, April 12. Morgan Stanley has “Equal-Weight” rating and $169 target. The firm has “Equal-Weight” rating given on Friday, February 23 by Morgan Stanley. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, February 5.

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 $2.28 billion. The firm offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. It has a 12.02 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.

Allegiant Travel Company (NASDAQ:ALGT) Ratings Chart

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