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.
Spirit Airlines (NYSE:SAVE) and Allegiant Travel (NASDAQ:ALGT) are both small-cap transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, media sentiment, risk, institutional ownership, profitability, community ranking and analyst recommendations.
Spirit Airlines has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500. Comparatively, Allegiant Travel has a beta of 1.66, suggesting that its stock price is 66% more volatile than the S&P 500.
Allegiant Travel has lower revenue, but higher earnings 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.
Allegiant Travel has a net margin of 2.26% compared to Allegiant Travel's net margin of -9.21%. Spirit Airlines' return on equity of 0.50% beat Allegiant Travel's return on equity.
Allegiant Travel received 512 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 58.52% of users gave Allegiant Travel an outperform vote while only 29.35% of users gave Spirit Airlines an outperform vote.
In the previous week, Allegiant Travel had 6 more articles in the media than Spirit Airlines. MarketBeat recorded 24 mentions for Allegiant Travel and 18 mentions for Spirit Airlines. Spirit Airlines' average media sentiment score of 0.02 beat Allegiant Travel's score of -0.19 indicating that Allegiant Travel is being referred to more favorably in the news media.
58.7% of Spirit Airlines shares are owned by institutional investors. Comparatively, 85.8% of Allegiant Travel shares are owned by institutional investors. 0.7% of Spirit Airlines shares are owned by insiders. Comparatively, 17.5% of Allegiant Travel shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Spirit Airlines currently has a consensus price target of $2.64, indicating a potential downside of 10.71%. Allegiant Travel has a consensus price target of $62.13, indicating a potential upside of 17.42%. Given Spirit Airlines' stronger consensus rating and higher possible upside, analysts clearly believe Allegiant Travel is more favorable than Spirit Airlines.
Summary
Allegiant Travel beats Spirit Airlines on 17 of the 18 factors compared between the two stocks.
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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.
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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