Allegiant Air (NASDAQ: ALGT) is one of 24 publicly-traded companies in the “Air transportation, scheduled” industry, but how does it contrast to its peers? We will compare Allegiant Air to related companies based on the strength of its institutional ownership, analyst recommendations, earnings, dividends, profitability, risk and valuation.

Analyst Recommendations

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This is a breakdown of current ratings for Allegiant Air and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegiant Air 1 6 6 0 2.38
Allegiant Air Competitors 315 1139 1720 143 2.51

Allegiant Air currently has a consensus target price of $163.00, suggesting a potential upside of 10.47%. As a group, “Air transportation, scheduled” companies have a potential upside of 14.96%. Given Allegiant Air’s peers stronger consensus rating and higher possible upside, analysts plainly believe Allegiant Air has less favorable growth aspects than its peers.

Institutional and Insider Ownership

90.4% of Allegiant Air shares are held by institutional investors. Comparatively, 79.5% of shares of all “Air transportation, scheduled” companies are held by institutional investors. 22.0% of Allegiant Air shares are held by company insiders. Comparatively, 3.8% of shares of all “Air transportation, scheduled” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Allegiant Air and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Allegiant Air $1.50 billion $194.90 million 15.45
Allegiant Air Competitors $15.00 billion $1.00 billion 9.86

Allegiant Air’s peers have higher revenue and earnings than Allegiant Air. Allegiant Air is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Allegiant Air and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Allegiant Air 12.96% 31.47% 8.07%
Allegiant Air Competitors 8.44% 24.19% 5.96%

Dividends

Allegiant Air pays an annual dividend of $2.80 per share and has a dividend yield of 1.9%. Allegiant Air pays out 29.3% of its earnings in the form of a dividend. As a group, “Air transportation, scheduled” companies pay a dividend yield of 1.7% and pay out 20.6% of their earnings in the form of a dividend.

Volatility and Risk

Allegiant Air has a beta of 0.07, meaning that its stock price is 93% less volatile than the S&P 500. Comparatively, Allegiant Air’s peers have a beta of 1.16, meaning that their average stock price is 16% more volatile than the S&P 500.

Summary

Allegiant Air peers beat Allegiant Air on 8 of the 15 factors compared.

About Allegiant Air

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 offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. As of February 2, 2018, it operated a fleet of 37 MD-80 aircraft and 53 Airbus A320 series aircraft provided services on 396 routes to 119 cities. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms, ground transportation, and attractions; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company offers leases spare engines to a third party; and offers management solutions to golf courses. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

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