Allegiant Travel (ALGT) Competitors

$54.37
+0.69 (+1.29%)
(As of 05/2/2024 ET)

ALGT vs. HA, JBLU, MESA, SKYW, CPA, SNCY, ULCC, VLRS, SAVE, and AZUL

Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include Hawaiian (HA), JetBlue Airways (JBLU), Mesa Air Group (MESA), SkyWest (SKYW), Copa (CPA), Sun Country Airlines (SNCY), Frontier Group (ULCC), Controladora Vuela Compañía de Aviación (VLRS), Spirit Airlines (SAVE), and Azul (AZUL). These companies are all part of the "air transportation, scheduled" industry.

Allegiant Travel vs.

Hawaiian (NASDAQ:HA) and Allegiant Travel (NASDAQ:ALGT) are both small-cap transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, dividends, community ranking, media sentiment, risk, analyst recommendations, valuation and institutional ownership.

In the previous week, Hawaiian had 16 more articles in the media than Allegiant Travel. MarketBeat recorded 28 mentions for Hawaiian and 12 mentions for Allegiant Travel. Hawaiian's average media sentiment score of 0.32 beat Allegiant Travel's score of 0.11 indicating that Allegiant Travel is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hawaiian
2 Very Positive mention(s)
7 Positive mention(s)
13 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Allegiant Travel
4 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Allegiant Travel has a net margin of 4.54% compared to Allegiant Travel's net margin of -10.90%. Hawaiian's return on equity of 3.80% beat Allegiant Travel's return on equity.

Company Net Margins Return on Equity Return on Assets
Hawaiian-10.90% -301.69% -8.91%
Allegiant Travel 4.54%3.80%1.05%

Allegiant Travel received 96 more outperform votes than Hawaiian when rated by MarketBeat users. Likewise, 59.04% of users gave Allegiant Travel an outperform vote while only 52.36% of users gave Hawaiian an outperform vote.

CompanyUnderperformOutperform
HawaiianOutperform Votes
443
52.36%
Underperform Votes
403
47.64%
Allegiant TravelOutperform Votes
539
59.04%
Underperform Votes
374
40.96%

Hawaiian has a beta of 2.37, meaning that its share price is 137% more volatile than the S&P 500. Comparatively, Allegiant Travel has a beta of 1.63, meaning that its share price is 63% more volatile than the S&P 500.

70.2% of Hawaiian shares are owned by institutional investors. Comparatively, 85.8% of Allegiant Travel shares are owned by institutional investors. 2.8% of Hawaiian 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 will outperform the market over the long term.

Allegiant Travel has lower revenue, but higher earnings than Hawaiian. Hawaiian 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
Hawaiian$2.72B0.24-$260.49M-$5.79-2.17
Allegiant Travel$2.51B0.39$117.60M$6.328.60

Hawaiian presently has a consensus target price of $11.33, suggesting a potential downside of 9.77%. Allegiant Travel has a consensus target price of $89.75, suggesting a potential upside of 65.07%. Given Hawaiian's stronger consensus rating and higher possible upside, analysts plainly believe Allegiant Travel is more favorable than Hawaiian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hawaiian
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Allegiant Travel
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.13

Summary

Allegiant Travel beats Hawaiian on 15 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.
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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.
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ALGT vs. The Competition

MetricAllegiant TravelAir transportation, scheduled IndustryTransportation SectorNASDAQ Exchange
Market Cap$991.17M$20.47B$9.74B$7.54B
Dividend Yield4.40%3.36%3.71%3.98%
P/E Ratio8.6010.0416.7818.74
Price / Sales0.391.7125.5690.21
Price / Cash2.8035.0616.5635.59
Price / Book0.751.901.954.31
Net Income$117.60M$685.24M$639.00M$214.33M
7 Day Performance-4.68%0.25%0.72%1.48%
1 Month Performance-17.50%-2.41%-2.10%-3.38%
1 Year Performance-50.13%0.60%11.99%8.97%

Allegiant Travel Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HA
Hawaiian
0.361 of 5 stars
$12.90
-0.5%
$8.00
-38.0%
+56.8%$668.87M$2.72B-2.557,362Gap Down
JBLU
JetBlue Airways
1.7494 of 5 stars
$6.10
-18.8%
$5.88
-3.7%
-18.7%$2.07B$9.62B-6.4923,388Gap Down
High Trading Volume
MESA
Mesa Air Group
0.0454 of 5 stars
$0.90
+5.9%
N/A-56.4%$36.89M$498.07M-0.302,303Gap Up
SKYW
SkyWest
3.3339 of 5 stars
$74.31
+4.1%
$62.25
-16.2%
+173.5%$2.88B$2.94B85.4113,121Earnings Report
CPA
Copa
4.9416 of 5 stars
$100.55
-1.8%
$146.33
+45.5%
+12.1%$3.96B$3.46B7.877,265Short Interest ↓
Positive News
SNCY
Sun Country Airlines
4.3917 of 5 stars
$14.82
-1.5%
$19.60
+32.3%
-22.4%$789.76M$1.05B12.152,783Upcoming Earnings
ULCC
Frontier Group
3.1327 of 5 stars
$6.72
-5.5%
$7.78
+15.8%
-36.6%$1.50B$3.59B-112.007,235News Coverage
Gap Up
VLRS
Controladora Vuela Compañía de Aviación
3.9137 of 5 stars
$8.48
+5.7%
$14.22
+67.8%
-30.3%$744.02M$3.26B121.097,364Gap Up
High Trading Volume
SAVE
Spirit Airlines
1.9995 of 5 stars
$3.79
-3.1%
$4.91
+29.6%
-78.2%$414.38M$5.36B-0.9313,167Upcoming Earnings
AZUL
Azul
1.472 of 5 stars
$5.81
-1.0%
$12.26
+111.0%
-7.4%$2.45B$3.74B-6.2514,247Gap Up

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This page (NASDAQ:ALGT) was last updated on 5/3/2024 by MarketBeat.com Staff

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