ALLEGIANT TRAVEL COMPANY
At today's price, ALLEGIANT TRAVEL COMPANY (ALGT) is priced for -4.8% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
Trailing earnings are cycle-depressed, so the price reads against mid-cycle margins, and even there the market is paying only about 10 times normalized operating income, below what a 5 percent annual profit decline would warrant. The surprise is the turn already underway. First-quarter 2026 operating margin reached 14.9 percent, the best first quarter since the pandemic, on a 16.4 percent jump in unit revenue and a near 20 percent rise in average base fare. Allegiant sold the money-losing Suns
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230 institutional managers reported holding ALGT in 13F filings for the quarter ended 2026-03-31. 40 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 1.6M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (2.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ALGT's share count grew 6.7% over the past five years even with $79.66M spent on repurchases. It stopped paying its dividend within the past year. Cash returned over the past three years: $34.32M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at ALGT over the trailing three years. Absence is a fact about the company, not a signal. 11 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ALGT's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-08 | -5.3% | -31.0% |
| 2023-11-09 | -0.7% | +38.8% |
| 2024-03-01 | -0.8% | -22.7% |
| 2024-05-10 | -5.7% | -7.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ALGT's latest 8-K filings: 2026-06-30 (items 8.01); 2026-06-29 (items 1.01, 2.03, 8.01, 9.01); 2026-06-26 (items 5.07); 2026-06-10 (items 8.01, 9.01); 2026-06-09 (items 7.01, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.