$1.71 EPS Expected for Allegiant Travel Company (ALGT)

January 15, 2018 - By Clifton Ray

 $1.71 EPS Expected for Allegiant Travel Company (ALGT)
Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.42, from 1.22 in 2017Q2. It is negative, as 28 investors sold Allegiant Travel Company shares while 61 reduced holdings. 22 funds opened positions while 49 raised stakes. 13.79 million shares or 4.93% more from 13.14 million shares in 2017Q2 were reported.
Renaissance Technologies Ltd Limited Liability Company has invested 0.16% in Allegiant Travel Company (NASDAQ:ALGT). Northern Trust Corporation owns 167,647 shares or 0.01% of their US portfolio. State Of Alaska Department Of Revenue holds 0.02% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT) for 2,476 shares. Public Employees Retirement Systems Of Ohio stated it has 0.01% in Allegiant Travel Company (NASDAQ:ALGT). Ghp Advisors has 8,927 shares. Eaton Vance reported 7,346 shares. Raymond James And Associates reported 0% stake. Ahl Llp holds 0.1% or 40,448 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 7,700 shares or 0.09% of the stock. Schwab Charles Inv Management has 82,373 shares. Great West Life Assurance Com Can reported 15,884 shares. Moreover, Oppenheimer Asset has 0% invested in Allegiant Travel Company (NASDAQ:ALGT). Rk Asset Ltd Company holds 4.96% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT) for 43,215 shares. Dimensional Fund Limited Partnership, Texas-based fund reported 413,656 shares. 8,300 were accumulated by Bessemer Group Inc Inc.

Since October 27, 2017, it had 0 buys, and 1 sale for $808,188 activity.

Analysts expect Allegiant Travel Company (NASDAQ:ALGT) to report $1.71 EPS on January, 30.They anticipate $0.77 EPS change or 31.05 % from last quarter’s $2.48 EPS. ALGT’s profit would be $27.49M giving it 24.20 P/E if the $1.71 EPS is correct. After having $1.39 EPS previously, Allegiant Travel Company’s analysts see 23.02 % EPS growth. The stock increased 1.44% or $2.35 during the last trading session, reaching $165.5. About 242,678 shares traded or 74.69% up from the average. Allegiant Travel Company (NASDAQ:ALGT) has risen 1.38% since January 15, 2017 and is uptrending. It has underperformed by 15.32% the S&P500.

Allegiant Travel Company (NASDAQ:ALGT) Ratings Coverage

Among 14 analysts covering Allegiant Travel (NASDAQ:ALGT), 4 have Buy rating, 1 Sell and 9 Hold. Therefore 29% are positive. Allegiant Travel had 48 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Allegiant Travel Company (NASDAQ:ALGT) earned “Market Perform” rating by Cowen & Co on Monday, August 1. Stifel Nicolaus maintained it with “Hold” rating and $150.0 target in Wednesday, January 10 report. Barclays Capital downgraded the stock to “Underweight” rating in Friday, April 15 report. Credit Suisse maintained Allegiant Travel Company (NASDAQ:ALGT) on Tuesday, April 12 with “Neutral” rating. As per Tuesday, January 9, the company rating was upgraded by Bank of America. The firm earned “Neutral” rating on Tuesday, November 3 by Credit Suisse. Buckingham Research downgraded Allegiant Travel Company (NASDAQ:ALGT) on Tuesday, December 5 to “Neutral” rating. Citigroup initiated the stock with “Buy” rating in Friday, November 18 report. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, November 30. Cowen & Co maintained Allegiant Travel Company (NASDAQ:ALGT) on Wednesday, December 2 with “Market Perform” rating.

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 $2.66 billion. The firm offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. It has a 17.75 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 recent Allegiant Travel Company (NASDAQ:ALGT) news were published by: Prnewswire.com which released: “Scott Allard Resigns Position As Allegiant Executive Vice President And Chief …” on December 19, 2017. Also Zacks.com published the news titled: “Should Value Investors Consider Allegiant Travel (ALGT) Stock?” on January 11, 2018. Streetinsider.com‘s news article titled: “Form 8-K Allegiant Travel CO For: Jan 05” with publication date: January 05, 2018 was also an interesting one.

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