ALGT vs. SAVE, MESA, CPA, SKYW, JBLU, HA, DAL, UAL, LUV, and ALK
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), Copa (CPA), SkyWest (SKYW), JetBlue Airways (JBLU), Hawaiian (HA), Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV), and Alaska Air Group (ALK). 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 stock? We will compare the two companies based on the strength of their institutional ownership, risk, community ranking, valuation, dividends, analyst recommendations, media sentiment, earnings and profitability.
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.
Spirit Airlines has a beta of 1.41, indicating that its share price is 41% more volatile than the S&P 500. Comparatively, Allegiant Travel has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500.
Allegiant Travel received 512 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 58.91% of users gave Allegiant Travel an outperform vote while only 31.76% of users gave Spirit Airlines an outperform vote.
In the previous week, Spirit Airlines had 2 more articles in the media than Allegiant Travel. MarketBeat recorded 14 mentions for Spirit Airlines and 12 mentions for Allegiant Travel. Spirit Airlines' average media sentiment score of 0.71 beat Allegiant Travel's score of 0.11 indicating that Allegiant Travel is being referred to more favorably in the news media.
Spirit Airlines currently has a consensus price target of $3.57, suggesting a potential downside of 2.15%. Allegiant Travel has a consensus price target of $86.00, suggesting a potential upside of 61.65%. Given Spirit Airlines' stronger consensus rating and higher possible upside, analysts plainly believe Allegiant Travel is more favorable than Spirit Airlines.
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 company insiders. Comparatively, 17.5% of Allegiant Travel shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
Allegiant Travel beats Spirit Airlines on 16 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.
Skip ChartThis 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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