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Allegiant Travel (ALGT) Competitors

$52.85
-1.48 (-2.72%)
(As of 06/18/2024 ET)

ALGT vs. SAVE, MESA, SKYW, JBLU, HA, DAL, LUV, UAL, ALK, and CPA

Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include Spirit Airlines (SAVE), Mesa Air Group (MESA), SkyWest (SKYW), JetBlue Airways (JBLU), Hawaiian (HA), Delta Air Lines (DAL), Southwest Airlines (LUV), United Airlines (UAL), Alaska Air Group (ALK), and Copa (CPA). These companies are all part of the "air transportation, scheduled" industry.

Allegiant Travel vs.

Allegiant Travel (NASDAQ:ALGT) and Spirit Airlines (NYSE:SAVE) are both small-cap transportation companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment and risk.

Allegiant Travel received 512 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 58.91% of users gave Allegiant Travel an outperform vote while only 31.76% of users gave Spirit Airlines an outperform vote.

CompanyUnderperformOutperform
Allegiant TravelOutperform Votes
539
58.91%
Underperform Votes
376
41.09%
Spirit AirlinesOutperform Votes
27
31.76%
Underperform Votes
58
68.24%

In the previous week, Allegiant Travel had 1 more articles in the media than Spirit Airlines. MarketBeat recorded 4 mentions for Allegiant Travel and 3 mentions for Spirit Airlines. Spirit Airlines' average media sentiment score of 1.22 beat Allegiant Travel's score of 0.77 indicating that Spirit Airlines is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegiant Travel
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Spirit Airlines
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

85.8% of Allegiant Travel shares are owned by institutional investors. Comparatively, 58.7% of Spirit Airlines shares are owned by institutional investors. 17.5% of Allegiant Travel shares are owned by insiders. Comparatively, 0.7% of Spirit Airlines shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Allegiant Travel has higher earnings, but lower revenue than Spirit Airlines. Spirit Airlines 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$2.51B0.38$117.60M$3.1616.72
Spirit Airlines$5.36B0.08-$447.46M-$4.44-0.83

Allegiant Travel presently has a consensus target price of $77.57, indicating a potential upside of 46.78%. Spirit Airlines has a consensus target price of $3.57, indicating a potential downside of 3.61%. Given Allegiant Travel's stronger consensus rating and higher probable upside, equities analysts plainly believe Allegiant Travel is more favorable than Spirit Airlines.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegiant Travel
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Spirit Airlines
4 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Allegiant Travel has a net margin of 2.26% compared to Spirit Airlines' net margin of -9.21%. Allegiant Travel's return on equity of 0.50% beat Spirit Airlines' return on equity.

Company Net Margins Return on Equity Return on Assets
Allegiant Travel2.26% 0.50% 0.14%
Spirit Airlines -9.21%-34.64%-4.53%

Allegiant Travel has a beta of 1.65, indicating that its stock price is 65% more volatile than the S&P 500. Comparatively, Spirit Airlines has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.

Summary

Allegiant Travel beats Spirit Airlines on 16 of the 18 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$963.46M$18.28B$9.77B$8.47B
Dividend Yield4.68%2.99%4.14%4.10%
P/E Ratio16.7210.1020.7018.01
Price / Sales0.381.5222.8765.63
Price / Cash2.636.168.1529.03
Price / Book0.732.002.014.26
Net Income$117.60M$672.79M$615.52M$215.55M
7 Day Performance-0.99%-0.91%-1.97%-2.17%
1 Month Performance-0.25%-4.23%-3.91%-3.84%
1 Year Performance-55.55%-19.40%10.76%0.39%

Allegiant Travel Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SAVE
Spirit Airlines
0.3894 of 5 stars
$3.46
-0.9%
$3.57
+3.2%
-78.2%$378.87M$5.36B-0.7813,167Positive News
High Trading Volume
MESA
Mesa Air Group
0.4578 of 5 stars
$1.10
-6.8%
N/A-38.5%$45.03M$498.07M-0.272,303Positive News
Gap Up
SKYW
SkyWest
3.0804 of 5 stars
$76.78
-1.5%
$76.67
-0.1%
+110.4%$3.09B$2.94B27.7213,121Gap Down
JBLU
JetBlue Airways
1.8844 of 5 stars
$5.45
-1.3%
$5.75
+5.5%
-29.8%$1.85B$9.62B-2.2123,388Short Interest ↓
HA
Hawaiian
0.3639 of 5 stars
$12.84
-1.2%
$11.33
-11.7%
+29.7%$665.74M$2.72B-2.227,362Short Interest ↓
DAL
Delta Air Lines
4.9114 of 5 stars
$48.72
-2.9%
$59.85
+22.9%
+15.9%$31.44B$58.05B6.26100,000Analyst Revision
Positive News
High Trading Volume
LUV
Southwest Airlines
3.0823 of 5 stars
$28.38
-0.1%
$29.88
+5.3%
-17.0%$16.98B$26.09B45.0574,806Analyst Forecast
UAL
United Airlines
4.8951 of 5 stars
$49.69
-4.6%
$70.89
+42.7%
-7.3%$16.34B$53.72B6.1410,300Gap Down
ALK
Alaska Air Group
4.8219 of 5 stars
$40.33
-1.7%
$56.60
+40.4%
-17.7%$5.12B$10.43B21.5726,043Short Interest ↓
CPA
Copa
4.8618 of 5 stars
$95.42
-0.6%
$157.17
+64.7%
-14.1%$3.76B$3.46B6.867,625Analyst Forecast
Short Interest ↑

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This page (NASDAQ:ALGT) was last updated on 6/19/2024 by MarketBeat.com Staff

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