Symbol: ALGT
Current Price: $38.97
Exchange: NMS
Industry Group: Transportation-Airline
Overall Rating: (99 = A+)
Stock's Diagnosis
Technical Rating (98 = A+) Group's Technical Rating (94 = A)
Fundamental Rating (79 = B-) Group's Fundamental Rating (46 = D)
Attractiveness Rating (99 = A+)
Allegiant Travel Company's Rank within the Transportation-Airline Group
worst best
Overall Rank: 1st out of 30 stocks
worst best
Technical Rank: 1st out of 30 stocks
worst best
Fundamental Rank: 8th out of 30 stocks
worst best
Attractiveness Rank: 1st out of 30 stocks
Note: There are cases where two or more stocks have the same Rank within an Industry Group. This reflects that the companies had an equal rating after computing and weighting all components in the category.
Top 5 Companies in the Transportation-Airline Group Stocks Above $10 - Sorted By Best Overall Rating
Allegiant Travel Company ALGT
Republic Airways Holdngs RJET
Ryanair Hldgs Plc Adr RYAAY
Alaska Air Group Inc ALK
Copa Holdings Sa CPA
Earnings Per Share (EPS) Rating Relative Price Strength (RS) Rating Industry Group Relative Strength (Grp RS) Rating Sales + Profit Margins + ROE (SMR) Rating Accumulation/ Distribution (Acc/Dis) Rating
47 99 A+ B A+
Vital Statistics
Industry Group Rank (1-197) 2 % Off 52 Week Price High -10%
Daily Graphs Timeliness A 52 Week Price High $43.10
Alpha 0.42 52 Week Price Low $15.89
Beta 0.99 3 Year Earnings Per Share Rate 65%
Up/Down Volume 1.3 3 Year Sales Rate 60%
Performance Industry Group Performance
% Change Year To Date 21% % Change Year To Date -45%
% Change in Last 12 Months 23% % Change in Last 12 Months -52%
% Change in Last 4 Weeks 15% % Change in Last 4 Weeks -8%
Stock Performance vs. Index* Group Performance vs. Index*
% Change vs Index,
Year To Date 67% % Change vs Index,
Year To Date 1%
% Change vs. Index,
in Last 12 Months 69% % Change vs. Index,
in Last 12 Months -6%
% Change vs. Index,
in Last 4 Weeks 21% % Change vs. Index,
in Last 4 Weeks -2%
Stock Checkup Analysis:
Allegiant Travel Company receives an overall rating of A+, which is in the 99th percentile of all stocks in the database. The overall rating is calculated using five proprietary ratings that measure each stock's Technical and Fundamental qualities and the Technical and Fundamental qualities of the industry group that it resides in, as well as a rating on the stock's current price attractiveness.
Allegiant Travel Company receives a Technical Rating of 98, which places it 1st out of 30 stocks in the Transportation-Airline group.
Allegiant Travel Company receives a Fundamental Rating of 79, which places it 8th out of 30 stocks in the Transportation-Airline group.
Allegiant Travel Company receives an Attractiveness Rating of 99, placing it 1st out of 30 stocks in its group.
The Transportation-Airline group's technical rating of A ranks it in the 94th percentile of the 197 different Industry Groups. The Transportation-Airline group's fundamental rating is D, ranking it in the 46th percentile of all groups.
Stocks surged late Friday on reports that President-elect Obama had tapped New York Federal Reserve President Timothy Geithner to be the next Treasury secretary.
The Nasdaq rebounded to gain 5.2%. The S&P 500 soared 6.3%, the NYSE composite 6.6%, the Dow industrials 6.5%.
Geithner, named by several media outlets as the new head of the Treasury, was the Fed's point man on the Bear Stearns and AIG (AIG) rescue deals.
That news, combined with the market being heavily sold in the past few days, opened the door for a big rally. The Dow's 10.4% loss over the previous two sessions was its biggest drop in more than 20 years.
Friday's gains pared some big losses for the week.
Still, the Nasdaq closed with a weekly loss of 8.7%. The Dow dropped 5.3%, the S&P 500 8.4%, the NYSE composite 9%.
Despite Friday's big price gains, investors showed a curious lack of conviction.
Volume ended mixed. It fell 4% on the Nasdaq, albeit compared with Thursday's elevated levels. NYSE volume climbed 4%. Friday was an options-expiration day, which typically boosts trading.
Market breadth was also less than expected, given the big overall price gains. Winners beat losers by about a modest 9-to-5 ratio on the Nasdaq. NYSE gainers outpaced decliners by less than 2-to-1.
Also keep in mind that this was just one up day. Some investors may have been temporarily emboldened here and there over the past few weeks, as the market has mixed in some big gains with its stream of losses.
History tells us not to get too excited about an outlier here or there. Most of the biggest single-day gains in Wall Street history have occurred during bear markets.
Overall, fear continues to hang over the market. The put-call ratio hit 1.14 on Friday, despite the session's big advance.
That was down just slightly from a 1.21 reading Thursday. Any number above 1 suggests elevated levels of investor fear.
Another sign of trepidation has been the action in the bond market. Bond prices have shot up, yanking yields down as a result.
The yield on the three-month Treasury bill, often seen as the safest place to stash money short-term, remained barely above zero.
That's a telltale sign that shell-shocked investors are willing to take literally zero return for their money — so long as they're not losing large amounts in the beleaguered stock market.
Financial stocks continued to feel the pain, despite the broad market's gains. Citigroup (C) plunged 20% in massive volume, as the bank sector and credit markets remained under pressure.
On the tech side, Dell (DELL) fell 51 cents, or 5%, to 9.30 in rapid turnover. After Thursday's close, the PC maker reported weaker sales and earnings results that still beat analysts' views.
Also late Thursday, apparel chain Gap (GPS) reported its quarterly earnings results, topping earnings estimates but missing sales views. The stock vaulted 27%.
Energy stocks also gained ground, thanks to an uptick in energy prices. Crude oil advanced 51 cents to $49.93 a barrel.
That triggered hefty gains for bellwether energy stocks such as Exxon Mobil (XOM) and Chevron (CVX).
Smaller names also perked up. World Fuel Services (INT) bounced 4.38, or 17%, to 30.49 in nearly double its normal trade. The vendor of aviation, marine and land fuel bounced back after a 17% loss on Thursday.
Still, a number of top-rated stocks also turned lower.
ManTech International (MANT) shed 1.79 to 47.27 as volume swelled to more than six times its usual level. The provider of IT services to government agencies tried to rally above its 200-day moving average before turning sharply lower.
Celgene (CELG) dropped 3.54, or 7%, to 47.50 in twice its typical turnover. The biotech slumped for the sixth straight session after recently running into resistance at its 50-day moving average. It closed near a 52-week trough.
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