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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Introducing MarketBeat All Access (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Introducing MarketBeat All Access (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Introducing MarketBeat All Access (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:ALGT

Allegiant Travel (ALGT) Competitors

$104.69
+7.44 (+7.65%)
(As of 06/2/2023 ET)
Compare
Today's Range
$99.57
$105.09
50-Day Range
$84.61
$109.03
52-Week Range
$62.94
$150.16
Volume
198,385 shs
Average Volume
156,777 shs
Market Capitalization
$1.93 billion
P/E Ratio
28.92
Dividend Yield
N/A
Price Target
$104.42

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.

Company Net Margins Return on Equity Return on Assets
Allegiant Travel 2.71% 9.23% 2.51%
JetBlue Airways -3.07% -3.54% -0.93%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegiant Travel$2.30 billion0.84$2.49 million$3.6228.92
JetBlue Airways$9.75 billion0.24-$362 million-$0.91-7.89

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegiant Travel
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
JetBlue Airways
4 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

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.

CompanyUnderperformOutperform
Allegiant TravelOutperform Votes
533
59.96%
Underperform Votes
356
40.04%
JetBlue AirwaysOutperform Votes
724
62.74%
Underperform Votes
430
37.26%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegiant Travel
1 Sell rating(s)
9 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.15
JetBlue Airways
0 Sell rating(s)
8 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

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.
Skip Chart

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.
Skip Chart

ALGT vs. The Competition

MetricAllegiant TravelAir transportation, scheduled IndustryTransportation SectorNASDAQ Exchange
Market Cap$1.93B$14.19B$8.03B$6.27B
Dividend YieldN/A2.77%8.65%6.35%
P/E Ratio28.9217.3625.8714.81
Price / Sales0.841.5912.1688.26
Price / Cash7.0614.5513.00108.45
Price / Book1.522.151.896.95
Net Income$2.49M-$6.58M$737.18M$193.49M
7 Day Performance4.84%4.76%1.70%2.28%
1 Month Performance-3.98%6.85%1.59%5.08%
1 Year Performance-28.45%-6.93%-2.78%1.68%

Allegiant Travel Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
JBLU
JetBlue Airways
1.8308 of 5 stars
$6.81
-0.3%
$8.65
+27.0%
-31.8%$2.23B$9.16B-7.4820,901Short Interest ↓
News Coverage
Positive News
SKYW
SkyWest
1.4522 of 5 stars
$30.33
-0.2%
$20.75
-31.6%
+22.2%$1.35B$3.00B46.6613,582
CPA
Copa
1.9915 of 5 stars
$106.23
-0.9%
$123.67
+16.4%
+51.7%$4.19B$3.26B9.457,265Ex-Dividend
ALK
Alaska Air Group
2.5808 of 5 stars
$45.21
+0.2%
$63.86
+41.3%
-2.7%$5.78B$9.65B98.2825,469Short Interest ↑
News Coverage
ULCC
Frontier Group
2.49 of 5 stars
$8.23
+0.4%
$16.42
+99.5%
-10.7%$1.80B$3.33B26.556,470Insider Selling
News Coverage
SAVE
Spirit Airlines
2.0205 of 5 stars
$14.99
+1.2%
$24.14
+61.1%
-27.0%$1.64B$5.07B-3.5312,025News Coverage
VLRS
Controladora Vuela Compañía de Aviación
2.2427 of 5 stars
$13.59
-1.2%
$19.90
+46.4%
-3.5%$1.19B$2.85B-27.737,364
SNCY
Sun Country Airlines
2.0172 of 5 stars
$18.60
+1.3%
$23.78
+27.8%
-11.6%$1.05B$894.44M21.382,510
GOL
Gol Linhas Aéreas Inteligentes
2.316 of 5 stars
$3.15
-5.7%
$4.77
+51.3%
-39.1%$659.39M$2.94B-0.9914,816Gap Down
AZUL
Azul
1.2895 of 5 stars
$9.52
-0.9%
$9.78
+2.8%
-6.2%$4.01B$17.23B-1.6414,247Analyst Report
Gap Up

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This page (NASDAQ:ALGT) was last updated on 6/3/2023 by MarketBeat.com Staff

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