JBLU vs. ALGT, SKYW, HA, SAVE, MESA, CPA, ALK, AZUL, ULCC, and VLRS
Should you be buying JetBlue Airways stock or one of its competitors? The main competitors of JetBlue Airways include Allegiant Travel (ALGT), SkyWest (SKYW), Hawaiian (HA), Spirit Airlines (SAVE), Mesa Air Group (MESA), Copa (CPA), Alaska Air Group (ALK), Azul (AZUL), Frontier Group (ULCC), and Controladora Vuela Compañía de Aviación (VLRS). These companies are all part of the "air transportation, scheduled" industry.
Allegiant Travel (NASDAQ:ALGT) and JetBlue Airways (NASDAQ:JBLU) are both small-cap transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, media sentiment, valuation, community ranking, risk and analyst recommendations.
Allegiant Travel has higher earnings, but lower revenue than JetBlue Airways. JetBlue Airways is trading at a lower price-to-earnings ratio than Allegiant Travel, indicating that it is currently the more affordable of the two stocks.
In the previous week, JetBlue Airways had 14 more articles in the media than Allegiant Travel. MarketBeat recorded 22 mentions for JetBlue Airways and 8 mentions for Allegiant Travel. Allegiant Travel's average media sentiment score of 0.43 beat JetBlue Airways' score of 0.31 indicating that JetBlue Airways is being referred to more favorably in the news media.
JetBlue Airways received 187 more outperform votes than Allegiant Travel when rated by MarketBeat users. Likewise, 61.68% of users gave JetBlue Airways an outperform vote while only 58.91% of users gave Allegiant Travel an outperform vote.
Allegiant Travel has a net margin of 2.26% compared to Allegiant Travel's net margin of -8.79%. JetBlue Airways' return on equity of 0.50% beat Allegiant Travel's return on equity.
Allegiant Travel has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500. Comparatively, JetBlue Airways has a beta of 1.89, indicating that its share price is 89% more volatile than the S&P 500.
Allegiant Travel currently has a consensus target price of $86.00, indicating a potential upside of 73.95%. JetBlue Airways has a consensus target price of $5.68, indicating a potential upside of 4.32%. Given JetBlue Airways' stronger consensus rating and higher possible upside, research analysts clearly believe Allegiant Travel is more favorable than JetBlue Airways.
85.8% of Allegiant Travel shares are held by institutional investors. Comparatively, 83.7% of JetBlue Airways shares are held by institutional investors. 17.5% of Allegiant Travel shares are held by company insiders. Comparatively, 1.2% of JetBlue Airways shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Allegiant Travel beats JetBlue Airways on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding JBLU and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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