ALGT vs. HA, MESA, JBLU, SKYW, CPA, VLRS, ULCC, SNCY, SAVE, and AZUL
Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include Hawaiian (HA), Mesa Air Group (MESA), JetBlue Airways (JBLU), SkyWest (SKYW), Copa (CPA), Controladora Vuela Compañía de Aviación (VLRS), Frontier Group (ULCC), Sun Country Airlines (SNCY), Spirit Airlines (SAVE), and Azul (AZUL). These companies are all part of the "air transportation, scheduled" industry.
Hawaiian (NASDAQ:HA) and Allegiant Travel (NASDAQ:ALGT) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, community ranking, dividends, institutional ownership, media sentiment, valuation and risk.
Hawaiian has a beta of 2.37, indicating that its stock price is 137% more volatile than the S&P 500. Comparatively, Allegiant Travel has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500.
In the previous week, Hawaiian had 11 more articles in the media than Allegiant Travel. MarketBeat recorded 22 mentions for Hawaiian and 11 mentions for Allegiant Travel. Hawaiian's average media sentiment score of 0.24 beat Allegiant Travel's score of 0.22 indicating that Allegiant Travel is being referred to more favorably in the news media.
Hawaiian currently has a consensus target price of $11.33, indicating a potential downside of 16.73%. Allegiant Travel has a consensus target price of $86.00, indicating a potential upside of 62.33%. Given Hawaiian's stronger consensus rating and higher probable upside, analysts plainly believe Allegiant Travel is more favorable than Hawaiian.
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.
Allegiant Travel received 96 more outperform votes than Hawaiian when rated by MarketBeat users. Likewise, 58.91% of users gave Allegiant Travel an outperform vote while only 52.36% of users gave Hawaiian an outperform vote.
Allegiant Travel has a net margin of 2.26% compared to Allegiant Travel's net margin of -10.90%. Hawaiian's return on equity of 0.50% beat Allegiant Travel's return on equity.
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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Allegiant Travel beats Hawaiian on 15 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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