120.42 +0.91 (0.76%)
After hours: 4:11PM EST
|Bid||118.74 x 800|
|Ask||124.49 x 1300|
|Day's Range||118.92 - 122.58|
|52 Week Range||98.18 - 181.45|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||9.63|
|Earnings Date||Jan 30, 2019|
|Forward Dividend & Yield||2.80 (2.34%)|
|1y Target Est||146.85|
Year-over-year rise in fuel prices might affect JetBlue's (JBLU) Q4 earnings. However, strong passenger revenues are anticipated to lift the top line and in turn, aid overall results.
Strong demand for air travel boosts Copa Holdings' (CPA) December traffic. Load factor declines due to capacity expansion outweighing traffic growth..
Strong demand for air travel should result in an uptick in passenger revenues at Alaska Air Group (ALK) in fourth-quarter 2018. However, one has to be mindful of capacity-related woes.
High costs might mar American Airlines' (AAL) Q4 results. However, the headwind is likely to be countered by strong passenger revenues.
The reputation of U.S. airlines took a beating last year amid several high-profile incidents that garnered international headlines. But heading into the holiday travel season, the number of official complaints lodged against U.S. air carriers actually saw a slight decrease compared to a year ago.
# Allegiant Travel Co ### NASDAQ/NGS:ALGT View full report here! ## Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for ALGT with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on December 28. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $3.24 billion over the last one-month into ETFs that hold ALGT are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Phoenix-Mesa Gateway Airport had its best year ever in 2018, breaking its previous high-water mark for passenger traffic set in 2012 by more than 10 percent. The Valley’s secondary airport, located in southeast Mesa, recorded 1,531,648 passengers traveling through during 2018. Just for December, Gateway saw 142,667 passengers, more than a 14 percent increase compared with December 2017.
The Delta (DAL) stock declines in pre-market trading despite reporting better-than-expected earnings in Q4. This was due to the lackluster EPS guidance for Q1.
GRAND RAPIDS, Mich., Jan. 15, 2019 /PRNewswire/ -- State and local officials joined executives from Allegiant Travel Company (ALGT) today as the company announced plans to establish a two-aircraft base at Gerald R. Ford International Airport in Grand Rapids, Michigan. The Las Vegas-based company is investing more than $42 million to establish its new base of operations, which will house two Airbus aircraft. The company, which focuses on linking travelers in small-to-medium cities to world-class leisure destinations, plans to begin its base operations at Gerald R. Ford International Airport on June 4, 2019.
After five years of recruiting, Raleigh-Durham International Airport has lured an investment from Spirit Airlines.
Sluggish demand for air travel leads to a decline in Allegiant's (ALGT) December traffic. However, load factor improves as capacity decline was more than traffic deterioration.
Strong freight revenues and a lower effective tax rate are anticipated to drive J.B. Hunt's (JBHT) Q4 results. However, debt level is high.
American Airlines Group Inc. trimmed its profit guidance for 2018, raising concerns that U.S. carriers are falling short of revenue expectations and sending shares down across the sector. Delta Air Lines Inc. last week also trimmed its fourth-quarter revenue outlook, a result of slower-than-expected sales of pricey last-minute holiday tickets. Shares in American fell 4.1%, shares in United Continental Holdings Group Inc. fell 2.85%, and shares in Southwest Airlines Co. edged down 0.2%.
Moody's Investors Service ("Moody's") affirmed Allegiant Travel Company's ("Allegiant") Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), and SGL-3 Speculative Grade Liquidity rating, and assigned a Ba3 rating to the announced senior secured term loan B due 2024. The ratings reflect Moody's belief that Allegiant will sustain a competitive, mid-teens operating margin in upcoming years. The lower aircraft operating costs should help mitigate pressure on other costs, to preserve, if not grow, operating margins and operating cash flow in upcoming years.
United Continental's (UAL) unit United Airlines' load factor rises for the eighth time on the trot in December owing to traffic growth outpacing capacity expansion.
LAS VEGAS , Jan. 9, 2019 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2018. Scheduled Service December 2018 December 2017 ...