ALGT
Allegiant Travel Company
ALGT has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over ALGT overall, supported by stronger valuation and stronger modeled upside.
ALGT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Under pressure | |
| Weak |
ALGT's revenue and profitability are currently healthy, but its cash flow and balance sheet are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ALGT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $31.52 | -66% |
| Forward | 13x | $92.51 | — |
| Fair | 17x | $57.07 | -38% |
| Current | 28x | $92.51 | — |
| Expensive | 52x | $174 | +88% |
Historical ranges are pointers, not guarantees.
ALGT's PE is in its fair range at 28x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ALGT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for ALGT, but weaker profitability. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ALGT on the outlook, with more favorable profitability expectations.
ALGT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.05 | +110% |
| Q3 2026 | $3.35 | +$19.77 |
| Q2 2026 | $1.50 | +$17.56 |
| Q1 2026 | -$1.91 | +$9.78 |
| Q4 2025 | -$2.48 | +$11.01 |
| Q3 2025 | -$16.42 | -$14.89 |
| Q2 2025 | -$16.06 | -$15.14 |
| Q1 2025 | -$11.69 | -473% |
| Q4 2024 | -$13.49 | -314% |
ALGT has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
ALGT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $961.6M | +71% |
| Q2 2026 | $943.5M | +37% |
| Q1 2026 | $732.4M | +4.8% |
| Q4 2025 | $656.2M | +4.5% |
| Q3 2025 | $561.9M | 0% |
| Q2 2025 | $689.4M | +3.5% |
| Q1 2025 | $699.1M | +6.5% |
| Q4 2024 | $627.7M | +2.7% |
ALGT's revenue has grown year over year for four quarters in a row: $962M last quarter, up 71% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.1% | +6 points |
| Q2 2026 | 2.2% | +12 points |
| Q1 2026 | 11% | +1.8 points |
| Q4 2025 | 10% | +52 points |
| Q3 2025 | -4.8% | -0.1 points |
| Q2 2025 | -9.8% | -15 points |
| Q1 2025 | 9.3% | +7 points |
| Q4 2024 | -42% | -44 points |
ALGT has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
ALGT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$264.1M | -$128.8M |
| Q2 2026 | -$74.6M | -$28.1M |
| Q1 2026 | $222.6M | +90% |
| Q4 2025 | $90.4M | +276% |
| Q3 2025 | -$135.3M | -$110.9M |
| Q2 2025 | -$46.5M | -280% |
| Q1 2025 | $116.9M | +225% |
| Q4 2024 | $24M | +$91.5M |
ALGT has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
ALGT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +18% | +4.1M shares |
| 1 year | +50% | +8.9M shares |
| 3 years | +52% | +9.3M shares |
| 5 years | +52% | +9.2M shares |
| Available history | +68% | +10.9M shares |
ALGT has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.6M |
| Q2 2026 | $783,000 |
| Q1 2026 | $55,000 |
| Q4 2025 | $632,000 |
| Q3 2025 | $1.5M |
| Q2 2025 | $350,000 |
| Q1 2025 | $11.1M |
| Q4 2024 | $886,000 |
ALGT spent $8M buying back its own shares over the past year, down 42% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ALGT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.8x | High |
| Q2 2026 | 5.9x | High |
| Q1 2026 | 5.1x | High |
| Q4 2025 | 5.7x | High |
| Q1 2025 | 25.7x | High |
| Q4 2024 | 97.4x | High |
| Q3 2024 | 6.7x | High |
| Q2 2024 | 7.0x | High |
ALGT's net debt is about 5.8 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ALGT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.6 | Neutral |
| Stochastic | 52.5 | Neutral |
ALGT's weekly RSI is 57 (neutral) and its Stochastic is 53 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
ALGT PE vs Industrials Sector
| Metric | ALGT | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 24x | 15% above |
| PE % | 63 | 58 | 5 pts above |
ALGT is trading at 28x earnings, a 15% premium to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ALGT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $78.0 | 19% above |
| 20 week MA | $86.4 | 7.1% above |
| 50 week MA | $88.0 | 5.1% above |
| 100 week MA | $76.4 | 21% above |
| 200 week MA | $76.8 | 20% above |
ALGT has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
ALGT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $177.4 | $179.2 | +1% |
| 2021 | $179.2 | $190.2 | +6.1% |
| 2022 | $190.2 | $65.7 | -65% |
| 2023 | $65.7 | $82.6 | +26% |
| 2024 | $82.6 | $91.1 | +10% |
| 2025 | $91.1 | $84.7 | -7.1% |
| 2026 YTD | $84.7 | $92.5 | +9.3% |
ALGT has finished higher in four of the last six years. It's up 9.3% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over ALGT on returns for 2026, with the stronger performance.