SAVE vs. HA, VLRS, SNCY, ALGT, ULCC, YELLQ, OSG, CLCO, PWFL, and SMHI
Should you be buying Spirit Airlines stock or one of its competitors? The main competitors of Spirit Airlines include Hawaiian (HA), Controladora Vuela Compañía de Aviación (VLRS), Sun Country Airlines (SNCY), Allegiant Travel (ALGT), Frontier Group (ULCC), Yellow (YELLQ), Overseas Shipholding Group (OSG), Cool (CLCO), PowerFleet (PWFL), and SEACOR Marine (SMHI). These companies are all part of the "transportation" sector.
Spirit Airlines (NYSE:SAVE) and Hawaiian (NASDAQ:HA) are both small-cap transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, valuation, analyst recommendations, media sentiment, community ranking, dividends, risk, institutional ownership and earnings.
Hawaiian has lower revenue, but higher earnings than Spirit Airlines. Hawaiian is trading at a lower price-to-earnings ratio than Spirit Airlines, indicating that it is currently the more affordable of the two stocks.
Spirit Airlines currently has a consensus price target of $4.91, suggesting a potential upside of 33.17%. Hawaiian has a consensus price target of $11.33, suggesting a potential downside of 8.75%. Given Spirit Airlines' higher possible upside, research analysts plainly believe Spirit Airlines is more favorable than Hawaiian.
In the previous week, Spirit Airlines had 1 more articles in the media than Hawaiian. MarketBeat recorded 20 mentions for Spirit Airlines and 19 mentions for Hawaiian. Hawaiian's average media sentiment score of 0.14 beat Spirit Airlines' score of 0.11 indicating that Hawaiian is being referred to more favorably in the news media.
Hawaiian received 416 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 52.36% of users gave Hawaiian an outperform vote while only 33.33% of users gave Spirit Airlines an outperform vote.
Spirit Airlines has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500. Comparatively, Hawaiian has a beta of 2.39, meaning that its stock price is 139% more volatile than the S&P 500.
Spirit Airlines has a net margin of -8.34% compared to Hawaiian's net margin of -9.59%. Spirit Airlines' return on equity of -26.38% beat Hawaiian's return on equity.
58.7% of Spirit Airlines shares are owned by institutional investors. Comparatively, 70.2% of Hawaiian shares are owned by institutional investors. 0.6% of Spirit Airlines shares are owned by company insiders. Comparatively, 2.8% of Hawaiian shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Hawaiian beats Spirit Airlines on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SAVE 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 NYSE 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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