Allegiant Travel (ALGT) Competitors

$57.99
-1.08 (-1.83%)
(As of 04/25/2024 ET)

ALGT vs. HA, MESA, JBLU, SKYW, CPA, ULCC, SNCY, 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), Mesa Air Group (MESA), JetBlue Airways (JBLU), SkyWest (SKYW), Copa (CPA), Frontier Group (ULCC), Sun Country Airlines (SNCY), 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 better stock? We will contrast the two companies based on the strength of their dividends, risk, earnings, analyst recommendations, valuation, community ranking, media sentiment, institutional ownership and profitability.

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%-207.99%-8.84%

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 company insiders. Comparatively, 2.8% of Hawaiian shares are owned 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.

In the previous week, Hawaiian had 17 more articles in the media than Allegiant Travel. MarketBeat recorded 22 mentions for Hawaiian and 5 mentions for Allegiant Travel. Allegiant Travel's average media sentiment score of 0.54 beat Hawaiian's score of 0.01 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian
3 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
5 Negative mention(s)
1 Very Negative mention(s)
Neutral

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%

Allegiant Travel currently has a consensus target price of $89.75, suggesting a potential upside of 54.77%. Hawaiian has a consensus target price of $11.33, suggesting a potential downside of 6.49%. Given Allegiant Travel's higher possible upside, research analysts plainly 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 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$6.329.18
Hawaiian$2.72B0.23-$260.49M-$5.79-2.09

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.

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$1.06B$19.87B$10.21B$7.44B
Dividend Yield3.89%3.15%3.77%3.94%
P/E Ratio9.1810.9815.5618.39
Price / Sales0.421.6522.8390.24
Price / Cash3.1633.9516.6635.26
Price / Book0.802.212.024.27
Net Income$117.60M$658.46M$624.02M$213.82M
7 Day Performance-6.12%-0.55%1.46%0.96%
1 Month Performance-20.91%-3.26%-2.22%-4.23%
1 Year Performance-41.96%3.53%9.74%7.79%

Allegiant Travel Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HA
Hawaiian
0.3074 of 5 stars
$13.25
-0.2%
$8.00
-39.6%
+48.6%$687.01M$2.72B-2.627,362Earnings Report
Analyst Report
MESA
Mesa Air Group
0.0615 of 5 stars
$0.80
-1.2%
N/A-57.5%$32.75M$498.07M-0.272,303
JBLU
JetBlue Airways
1.7235 of 5 stars
$6.53
-3.8%
$5.75
-11.9%
-13.3%$2.22B$9.62B-6.9523,388Earnings Report
Analyst Report
Gap Down
SKYW
SkyWest
3.2093 of 5 stars
$66.69
-0.3%
$62.25
-6.7%
+196.4%$2.69B$2.94B76.6613,121
CPA
Copa
4.9733 of 5 stars
$95.77
-0.5%
$146.33
+52.8%
+10.5%$3.78B$3.46B7.497,265Short Interest ↓
Positive News
ULCC
Frontier Group
2.4657 of 5 stars
$6.50
-3.8%
$7.78
+19.7%
-32.3%$1.45B$3.59B-108.337,235Upcoming Earnings
Gap Down
SNCY
Sun Country Airlines
4.3139 of 5 stars
$14.15
-1.0%
$19.60
+38.5%
-25.1%$754.05M$1.05B11.602,783
VLRS
Controladora Vuela Compañía de Aviación
4.0263 of 5 stars
$7.07
-2.1%
$14.22
+101.3%
-26.1%$620.24M$3.26B100.947,364Earnings Report
Analyst Report
SAVE
Spirit Airlines
2.0107 of 5 stars
$4.11
-7.6%
$4.93
+19.9%
-78.7%$449.96M$5.36B-1.0013,167Gap Down
AZUL
Azul
1.6909 of 5 stars
$6.04
-3.5%
$12.56
+108.1%
-10.9%$2.54B$3.74B-6.4914,247Short Interest ↑
Gap Down
High Trading Volume

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This page (NASDAQ:ALGT) was last updated on 4/25/2024 by MarketBeat.com Staff

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