JBLU vs. ALGT, SKYW, CPA, ALK, ULCC, SAVE, VLRS, SNCY, AZUL, and GOL
Should you be buying JetBlue Airways stock or one of its competitors? The main competitors of JetBlue Airways include Allegiant Travel (ALGT), SkyWest (SKYW), Copa (CPA), Alaska Air Group (ALK), Frontier Group (ULCC), Spirit Airlines (SAVE), Controladora Vuela Compañía de Aviación (VLRS), Sun Country Airlines (SNCY), Azul (AZUL), and Gol Linhas Aéreas Inteligentes (GOL). These companies are all part of the "air transportation, scheduled" industry.
JetBlue Airways 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 institutional ownership, valuation, risk, earnings, media sentiment, dividends, profitability, community ranking and analyst recommendations.
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 currently has a consensus price target of $104.42, suggesting a potential upside of 4.56%. JetBlue Airways has a consensus price target of $8.65, suggesting a potential upside of 26.65%. Given JetBlue Airways' higher probable upside, analysts plainly 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.
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, Allegiant Travel had 1 more articles in the media than JetBlue Airways. MarketBeat recorded 7 mentions for Allegiant Travel and 6 mentions for JetBlue Airways. JetBlue Airways' average media sentiment score of 0.82 beat Allegiant Travel's score of 0.75 indicating that JetBlue Airways is being referred to more favorably in the news 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 has a beta of 1.61, suggesting that its stock price is 61% more volatile than the S&P 500. Comparatively, JetBlue Airways has a beta of 1.58, suggesting that its stock price is 58% more volatile than the S&P 500.
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 JBLU and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia 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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JetBlue Airways Competitors List
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