(ALGT) Allegiant Travel - Overview
Sector: Industrials | Industry: Airlines | Exchange: NASDAQ (USA) | Market Cap: 2.158m USD | Total Return: 60.6% in 12m
Avg Turnover: 56.6M
Qual. Beats: 0
Rev. Trend: 87.0%
Qual. Beats: 2
Warnings
Interest Coverage Ratio 0.6 is critical
Altman Z'' 1.00 < 1.0 - financial distress zone
Choppy
Tailwinds
No distinct edge detected
Allegiant Travel Company (NASDAQ: ALGT) is an integrated leisure travel provider focused on connecting underserved regional markets in the United States to major vacation destinations. Its business model utilizes a low-frequency, nonstop flight schedule designed to minimize competition from major hub-and-spoke carriers while reducing operational overhead. As of early 2026, the company maintains a fleet composed primarily of Airbus A320 and Boeing 737 series aircraft.
The company generates significant revenue through unbundled ancillary services, including baggage fees, seat assignments, and onboard sales. Beyond air transportation, Allegiant operates as a travel packager by retailing third-party hotel rooms and rental cars, and it maintains diversified assets such as a golf course. This ultra-low-cost carrier (ULCC) strategy relies on stimulating demand in price-sensitive markets where direct service was previously unavailable. For a deeper look at the companys valuation metrics and financial health, consider reviewing the data available on ValueRay.
- Ancillary revenue growth per passenger offsets base fare volatility
- Boeing 737 MAX delivery delays constrain planned fleet modernization
- Sunseeker Resort operational performance impacts non-airline segment profitability
- Jet fuel price fluctuations drive significant shifts in operating margins
- Low-frequency scheduling in underserved markets maintains high load factors
| Net Income: -34.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.45 > 1.0 |
| NWC/Revenue: -4.21% < 20% (prev -4.70%; Δ 0.49% < -1%) |
| CFO/TA 0.11 > 3% & CFO 466.4m > Net Income -34.3m |
| Net Debt (1.01b) to EBITDA (325.9m): 3.11 < 3 |
| Current Ratio: 0.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (18.2m) vs 12m ago 1.09% < -2% |
| Gross Margin: 30.87% > 18% (prev 0.28%; Δ 3.06k% > 0.5%) |
| Asset Turnover: 59.20% > 50% (prev 56.73%; Δ 2.47% > 0%) |
| Interest Coverage Ratio: 0.57 > 6 (EBITDA TTM 325.9m / Interest Expense TTM 127.6m) |
| A: -0.03 (Total Current Assets 1.07b - Total Current Liabilities 1.18b) / Total Assets 4.41b |
| B: 0.23 (Retained Earnings 1.00b / Total Assets 4.41b) |
| C: 0.02 (EBIT TTM 72.5m / Avg Total Assets 4.46b) |
| D: 0.30 (Book Value of Equity 1.00b / Total Liabilities 3.32b) |
| Altman-Z'' = 1.00 = BB |
| DSRI: 0.56 (Receivables 49.7m/85.6m, Revenue 2.64b/2.56b) |
| GMI: 0.90 (GM 30.87% / 27.84%) |
| AQI: 0.91 (AQ_t 0.05 / AQ_t-1 0.05) |
| SGI: 1.03 (Revenue 2.64b / 2.56b) |
| TATA: -0.11 (NI -34.3m - CFO 466.4m) / TA 4.41b) |
| Beneish M = -3.62 (Cap -4..+1) = AAA |
As of May 29, 2026, the stock is trading at USD 90.73 with a total of 424,765 shares traded.
Over the past week, the price has changed by +17.69%,
over one month by +16.60%,
over three months by -11.18% and
over the past year by +60.57%.
Allegiant Travel has received a consensus analysts rating of 3.82. Therefore, it is recommended to buy ALGT.
- StrongBuy: 4
- Buy: 1
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 99.8 | 10% |
P/E Forward = 16.9205
P/S = 0.8176
P/B = 1.9691
P/EG = 0.8493
Revenue TTM = 2.64b USD
EBIT TTM = 72.5m USD
EBITDA TTM = 325.9m USD
Long Term Debt = 1.67b USD (from longTermDebt, last quarter)
Short Term Debt = 131.7m USD (from shortTermDebt, last quarter)
Debt = 1.92b USD (from shortLongTermDebtTotal, last quarter) + Leases 62.0m
Net Debt = 1.01b USD (calculated: Debt 1.92b - CCE 902.2m)
Enterprise Value = 3.17b USD (2.16b + Debt 1.92b - CCE 902.2m)
Interest Coverage Ratio = 0.57 (Ebit TTM 72.5m / Interest Expense TTM 127.6m)
EV/FCF = 17.54x (Enterprise Value 3.17b / FCF TTM 180.8m)
FCF Yield = 5.70% (FCF TTM 180.8m / Enterprise Value 3.17b)
FCF Margin = 6.85% (FCF TTM 180.8m / Revenue TTM 2.64b)
Net Margin = -1.30% (Net Income TTM -34.3m / Revenue TTM 2.64b)
Gross Margin = 30.87% ((Revenue TTM 2.64b - Cost of Revenue TTM 1.82b) / Revenue TTM)
Gross Margin QoQ = 65.42% (prev 19.15%)
Tobins Q-Ratio = 0.72 (Enterprise Value 3.17b / Total Assets 4.41b)
Interest Expense / Debt = 6.66% (Interest Expense 127.6m / Debt 1.92b)
Taxrate = 35.66% (23.5m / 66.0m)
NOPAT = 46.7m (EBIT 72.5m * (1 - 35.66%))
Current Ratio = 0.91 (Total Current Assets 1.07b / Total Current Liabilities 1.18b)
Debt / Equity = 1.75 (Debt 1.92b / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = 3.11 (Net Debt 1.01b / EBITDA 325.9m)
Debt / FCF = 5.61 (Net Debt 1.01b / FCF TTM 180.8m)
Total Stockholder Equity = 1.06b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.77% (Net Income -34.3m / Total Assets 4.41b)
RoE = -3.25% (Net Income TTM -34.3m / Total Stockholder Equity 1.06b)
RoCE = 2.66% (EBIT 72.5m / Capital Employed (Equity 1.06b + L.T.Debt 1.67b))
RoIC = 1.48% (NOPAT 46.7m / Invested Capital 3.16b)
WACC = 9.45% (E(2.16b)/V(4.07b) * Re(14.04%) + D(1.92b)/V(4.07b) * Rd(6.66%) * (1-Tc(0.36)))
Discount Rate = 14.04% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 77.78 | Cagr: 0.75%
[DCF] Terminal Value 74.48% ; FCFF base≈156.2m ; Y1≈179.1m ; Y5≈263.5m
[DCF] Fair Price = 85.84 (EV 3.32b - Net Debt 1.01b = Equity 2.31b / Shares 26.9m; r=9.45% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.67 | # QB: 0
Revenue Correlation: 87.05 | Revenue CAGR: 1.83% | SUE: 1.67 | # QB: 2
EPS current Quarter (2026-06-30): EPS=-0.38 | Chg30d=-123.76% | Revisions=-17% | Analysts=11
EPS next Quarter (2026-09-30): EPS=-1.85 | Chg30d=+7.80% | Revisions=-17% | Analysts=11
EPS current Year (2026-12-31): EPS=4.16 | Chg30d=+0.67% | Revisions=-17% | GrowthEPS=+9.5% | GrowthRev=+9.2%
EPS next Year (2027-12-31): EPS=9.95 | Chg30d=+0.45% | Revisions=+17% | GrowthEPS=+139.1% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: -17%