ALGT

Allegiant Travel Co.

Consumer


Presented:03/09/2018
Price:$174.30
Cap:$2.77B
Current Price:$59.30
Cap:$1.09B

Presented

Date03/09/2018
Price$174.30
Market Cap$2.77B
Ent Value$3.20B
P/E Ratio14.58x
Book Value$34.11
Div Yield1.49%
Shares O/S15.88M
Ave Daily Vol154,842
Short Int11.13%

Current

Price$59.30
Market Cap$1.09B
Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation; air-related travel services and product; third party travel products, and fixed fee contract air transportation. The company was founded in 1997 and is headquartered in Las Vegas, NV.

Publicly traded companies mentioned herein: Allegiant Travel Co (ALGT), Spirit Airlines Inc (SAVE)

Highlights

The presenter is long shares of Allegiant (ALGT), an ultra low-cost carrier operating in niche US markets. He sees ALGT emerging from a fleet transition that will see earnings inflect after two years of stagnant and/or declining margins. A “formulaic” EPS growth model, targeting $12.00 in 2018, $16.00 in 2019, and $20.00 in 2020, should drive upside to $240 - $300 given a mid-teens multiple.

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Idea Discussion

Commentor 1 - 2 weeks ago

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