ALGT vs. JBLU, SKYW, CPA, ALK, ULCC, SAVE, VLRS, SNCY, GOL, and AZUL
Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include JetBlue Airways (JBLU), SkyWest (SKYW), Copa (CPA), Alaska Air Group (ALK), Frontier Group (ULCC), Spirit Airlines (SAVE), Controladora Vuela Compañía de Aviación (VLRS), Sun Country Airlines (SNCY), Gol Linhas Aéreas Inteligentes (GOL), and Azul (AZUL). These companies are all part of the "air transportation, scheduled" industry.
Allegiant Travel vs.
Allegiant Travel (NASDAQ:ALGT) and JetBlue Airways (NASDAQ:JBLU) are both transportation companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, earnings, dividends, profitability, risk, valuation, analyst recommendations and community ranking.
Allegiant Travel has a beta of 1.62, indicating that its stock price is 62% more volatile than the S&P 500. Comparatively, JetBlue Airways has a beta of 1.58, indicating that its stock price is 58% more volatile than the S&P 500.
Allegiant Travel has a net margin of 2.71% compared to JetBlue Airways' net margin of -3.07%. Allegiant Travel's return on equity of 9.23% beat JetBlue Airways' return on equity.
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 6 more articles in the media than Allegiant Travel. MarketBeat recorded 12 mentions for JetBlue Airways and 6 mentions for Allegiant Travel. Allegiant Travel's average media sentiment score of 0.62 beat JetBlue Airways' score of 0.53 indicating that Allegiant Travel is being referred to more favorably in the media.
JetBlue Airways received 191 more outperform votes than Allegiant Travel when rated by MarketBeat users. Likewise, 62.74% of users gave JetBlue Airways an outperform vote while only 59.96% of users gave Allegiant Travel an outperform vote.
Allegiant Travel presently has a consensus price target of $104.42, suggesting a potential downside of 0.26%. JetBlue Airways has a consensus price target of $8.65, suggesting a potential upside of 20.47%. Given JetBlue Airways' higher possible upside, analysts clearly believe JetBlue Airways is more favorable than Allegiant Travel.
85.8% of Allegiant Travel shares are held by institutional investors. Comparatively, 66.3% of JetBlue Airways shares are held by institutional investors. 15.1% of Allegiant Travel shares are held by insiders. Comparatively, 0.5% of JetBlue Airways shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Summary
Allegiant Travel beats JetBlue Airways on 13 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.
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.
Allegiant Travel Competitors List
Related Companies and Tools
