SAVE vs. HA, SNCY, ALGT, ULCC, PTSI, OSG, CPLP, WLFC, CLCO, and SMHI
Should you be buying Spirit Airlines stock or one of its competitors? The main competitors of Spirit Airlines include Hawaiian (HA), Sun Country Airlines (SNCY), Allegiant Travel (ALGT), Frontier Group (ULCC), P.A.M. Transportation Services (PTSI), Overseas Shipholding Group (OSG), Capital Product Partners (CPLP), Willis Lease Finance (WLFC), Cool (CLCO), and SEACOR Marine (SMHI). These companies are all part of the "transportation" sector.
Hawaiian (NASDAQ:HA) and Spirit Airlines (NYSE:SAVE) are both small-cap transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, community ranking, dividends, valuation, analyst recommendations, profitability, media sentiment and risk.
Hawaiian presently has a consensus price target of $11.33, indicating a potential downside of 9.41%. Spirit Airlines has a consensus price target of $4.91, indicating a potential upside of 32.27%. Given Hawaiian's higher possible upside, analysts plainly believe Spirit Airlines is more favorable than Hawaiian.
70.2% of Hawaiian shares are owned by institutional investors. Comparatively, 58.7% of Spirit Airlines shares are owned by institutional investors. 2.8% of Hawaiian shares are owned by insiders. Comparatively, 0.6% of Spirit Airlines shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Spirit Airlines has a net margin of -8.34% compared to Spirit Airlines' net margin of -10.90%. Hawaiian's return on equity of -26.38% beat Spirit Airlines' return on equity.
Hawaiian received 416 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 52.36% of users gave Hawaiian an outperform vote while only 33.33% of users gave Spirit Airlines an outperform vote.
Hawaiian has a beta of 2.37, meaning that its share price is 137% more volatile than the S&P 500. Comparatively, Spirit Airlines has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.
Hawaiian has higher earnings, but lower revenue than Spirit Airlines. Hawaiian is trading at a lower price-to-earnings ratio than Spirit Airlines, indicating that it is currently the more affordable of the two stocks.
In the previous week, Hawaiian had 12 more articles in the media than Spirit Airlines. MarketBeat recorded 25 mentions for Hawaiian and 13 mentions for Spirit Airlines. Hawaiian's average media sentiment score of 0.32 beat Spirit Airlines' score of 0.26 indicating that Spirit Airlines is being referred to more favorably in the news media.
Summary
Hawaiian beats Spirit Airlines on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SAVE 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 NYSE 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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