Allegiant Travel (NASDAQ:ALGT) is scheduled to be putting up its quarterly earnings results after the current market closes on Wednesday, February 3rd. Analysts expect Allegiant Journey to post earnings of ($2.40) per share for the quarter. Person that want to hear to the company’s earnings convention contact can do so using this url.
Allegiant Travel (NASDAQ:ALGT) very last posted its earnings benefits on Monday, November 2nd. The transportation company described ($4.28) earnings for every share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($5.14) by $.86. Allegiant Travel experienced a unfavorable return on equity of 8.83% and a negative web margin of 7.86%. The firm had revenue of $200.98 million for the quarter, when compared to analyst estimates of $192.19 million. On typical, analysts expect Allegiant Travel to post $-11 EPS for the latest fiscal yr and $5 EPS for the upcoming fiscal year.
ALGT opened at $187.98 on Wednesday. The stock’s 50-working day relocating regular rate is $182.93 and its 200 day transferring common rate is $144.82. Allegiant Travel has a 12-month very low of $60.06 and a 12-month significant of $197.13. The business has a present ratio of 1.22, a swift ratio of 1.19 and a financial debt-to-fairness ratio of 1.99. The agency has a current market cap of $3.08 billion, a price tag-to-earnings ratio of -31.17 and a beta of 1.71.
A number of equities analysts lately issued stories on the firm. Raymond James reissued a “hold” score on shares of Allegiant Travel in a investigation notice on Tuesday, December 1st. Deutsche Financial institution Aktiengesellschaft reduced Allegiant Travel from a “buy” rating to a “hold” ranking and enhanced their value focus on for the corporation from $145.00 to $180.00 in a investigate report on Friday, December 11th. Lender of America reduced Allegiant Journey from a “buy” rating to a “neutral” score in a investigate report on Friday, January 8th. Barclays elevated Allegiant Vacation from an “underweight” ranking to an “overweight” ranking and increased their value goal for the company from $100.00 to $150.00 in a investigation report on Monday, Oct 12th. Ultimately, Morgan Stanley elevated their price tag target on Allegiant Vacation from $175.00 to $190.00 and gave the enterprise an “overweight” score in a investigation report on Monday, December 14th. Just one research analyst has rated the stock with a promote score, 5 have presented a hold score and seven have presented a buy score to the company’s stock. Allegiant Journey presently has a consensus ranking of “Hold” and a consensus price goal of $160.46.
In other information, Director Linda A. Marvin bought 1,000 shares of the firm’s inventory in a transaction dated Tuesday, November 24th. The inventory was marketed at an typical rate of $168.86, for a whole transaction of $168,860.00. Also, CFO Gregory Clark Anderson marketed 3,850 shares of the firm’s stock in a transaction dated Friday, November 6th. The inventory was bought at an regular selling price of $136.46, for a overall value of $525,371.00. Insiders have offered a complete of 86,818 shares of enterprise inventory truly worth $13,590,073 in the final 3 months. Corporate insiders very own 19.60% of the company’s stock.
About Allegiant Vacation
Allegiant Travel Corporation, a leisure vacation business, offers vacation services and solutions to citizens of less than-served cities in the United States. The corporation gives scheduled air transportation on limited-frequency, nonstop flights in between below-served metropolitan areas and leisure places. As of February 14, 2020, it operated a fleet of 94 Airbus A320 collection aircraft.
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