Allegiant Travel (ALGT) Competitors

$57.04
-0.95 (-1.64%)
(As of 04/26/2024 ET)

ALGT vs. HA, JBLU, MESA, SKYW, CPA, SNCY, ULCC, VLRS, SAVE, and AZUL

Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include Hawaiian (HA), JetBlue Airways (JBLU), Mesa Air Group (MESA), SkyWest (SKYW), Copa (CPA), Sun Country Airlines (SNCY), Frontier Group (ULCC), Controladora Vuela Compañía de Aviación (VLRS), Spirit Airlines (SAVE), and Azul (AZUL). These companies are all part of the "air transportation, scheduled" industry.

Allegiant Travel vs.

Allegiant Travel (NASDAQ:ALGT) and Hawaiian (NASDAQ:HA) are both small-cap transportation companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, analyst recommendations, risk, profitability, community ranking, institutional ownership and earnings.

Allegiant Travel has higher earnings, but lower revenue than Hawaiian. Hawaiian is trading at a lower price-to-earnings ratio than Allegiant Travel, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegiant Travel$2.51B0.42$117.60M$6.329.03
Hawaiian$2.72B0.23-$260.49M-$5.79-2.12

Allegiant Travel has a beta of 1.58, indicating that its share price is 58% more volatile than the S&P 500. Comparatively, Hawaiian has a beta of 2.39, indicating that its share price is 139% more volatile than the S&P 500.

In the previous week, Hawaiian had 22 more articles in the media than Allegiant Travel. MarketBeat recorded 28 mentions for Hawaiian and 6 mentions for Allegiant Travel. Allegiant Travel's average media sentiment score of 0.30 beat Hawaiian's score of -0.07 indicating that Allegiant Travel is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegiant Travel
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hawaiian
3 Very Positive mention(s)
5 Positive mention(s)
9 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral

Allegiant Travel presently has a consensus target price of $89.75, indicating a potential upside of 57.35%. Hawaiian has a consensus target price of $11.33, indicating a potential downside of 7.63%. Given Allegiant Travel's higher possible upside, equities research analysts clearly believe Allegiant Travel is more favorable than Hawaiian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegiant Travel
2 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Hawaiian
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Allegiant Travel has a net margin of 4.54% compared to Hawaiian's net margin of -10.90%. Allegiant Travel's return on equity of 3.80% beat Hawaiian's return on equity.

Company Net Margins Return on Equity Return on Assets
Allegiant Travel4.54% 3.80% 1.05%
Hawaiian -10.90%-301.69%-8.91%

Allegiant Travel received 96 more outperform votes than Hawaiian when rated by MarketBeat users. Likewise, 59.04% of users gave Allegiant Travel an outperform vote while only 52.36% of users gave Hawaiian an outperform vote.

CompanyUnderperformOutperform
Allegiant TravelOutperform Votes
539
59.04%
Underperform Votes
374
40.96%
HawaiianOutperform Votes
443
52.36%
Underperform Votes
403
47.64%

85.8% of Allegiant Travel shares are owned by institutional investors. Comparatively, 70.2% of Hawaiian shares are owned by institutional investors. 17.5% of Allegiant Travel shares are owned by insiders. Comparatively, 2.8% of Hawaiian shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Allegiant Travel beats Hawaiian on 14 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALGT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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ALGT vs. The Competition

MetricAllegiant TravelAir transportation, scheduled IndustryTransportation SectorNASDAQ Exchange
Market Cap$1.04B$18.75B$10.49B$7.55B
Dividend Yield4.14%3.28%3.77%3.95%
P/E Ratio9.039.2116.0518.00
Price / Sales0.421.6424.4485.76
Price / Cash2.9734.0016.6434.73
Price / Book0.791.961.994.33
Net Income$117.60M$658.46M$632.56M$214.22M
7 Day Performance-8.46%-0.74%1.61%1.88%
1 Month Performance-25.19%-5.62%-2.68%-5.23%
1 Year Performance-41.53%3.04%11.16%8.41%

Allegiant Travel Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HA
Hawaiian
0.3035 of 5 stars
$12.90
-0.5%
$8.00
-38.0%
+56.5%$668.87M$2.72B-2.557,362Earnings Report
Analyst Report
Analyst Revision
JBLU
JetBlue Airways
1.7205 of 5 stars
$6.10
-18.8%
$5.88
-3.7%
-16.8%$2.07B$9.62B-6.4923,388Earnings Report
Analyst Report
Analyst Revision
High Trading Volume
MESA
Mesa Air Group
0.0506 of 5 stars
$0.90
+5.9%
N/A-54.0%$36.89M$498.07M-0.302,303
SKYW
SkyWest
3.4939 of 5 stars
$74.31
+4.1%
$62.25
-16.2%
+206.0%$2.88B$2.94B85.4113,121Earnings Report
Gap Up
CPA
Copa
4.9454 of 5 stars
$100.55
-1.8%
$146.33
+45.5%
+12.4%$3.96B$3.46B7.877,265Short Interest ↓
Positive News
SNCY
Sun Country Airlines
4.3435 of 5 stars
$14.82
-1.5%
$19.60
+32.3%
-26.6%$789.76M$1.05B12.152,783News Coverage
ULCC
Frontier Group
3.2942 of 5 stars
$6.72
-5.5%
$7.78
+15.8%
-31.9%$1.50B$3.59B-112.007,235Upcoming Earnings
VLRS
Controladora Vuela Compañía de Aviación
4.0726 of 5 stars
$8.48
+5.7%
$14.22
+67.8%
-24.0%$744.02M$3.26B121.097,364Analyst Report
High Trading Volume
SAVE
Spirit Airlines
2.0191 of 5 stars
$3.79
-3.1%
$4.91
+29.6%
-79.3%$414.38M$5.36B-0.9313,167Gap Down
AZUL
Azul
1.3496 of 5 stars
$5.81
-1.0%
$12.26
+111.0%
-6.1%$2.45B$3.74B-6.2514,247Short Interest ↑
Gap Up

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This page (NASDAQ:ALGT) was last updated on 4/28/2024 by MarketBeat.com Staff

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