SAVE vs. ULCC, ALGT, HA, VLRS, SNCY, MESA, DAL, RYAAY, UAL, and LUV
Should you be buying Spirit Airlines stock or one of its competitors? The main competitors of Spirit Airlines include Frontier Group (ULCC), Allegiant Travel (ALGT), Hawaiian (HA), Controladora Vuela Compañía de Aviación (VLRS), Sun Country Airlines (SNCY), Mesa Air Group (MESA), Delta Air Lines (DAL), Ryanair (RYAAY), United Airlines (UAL), and Southwest Airlines (LUV). These companies are all part of the "air transportation, scheduled" industry.
Spirit Airlines (NYSE:SAVE) and Frontier Group (NASDAQ:ULCC) are both small-cap transportation companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, media sentiment, valuation, profitability, community ranking, dividends, risk and analyst recommendations.
Frontier Group has a net margin of -0.67% compared to Spirit Airlines' net margin of -9.21%. Frontier Group's return on equity of 3.62% beat Spirit Airlines' return on equity.
Frontier Group has lower revenue, but higher earnings than Spirit Airlines. Frontier Group is trading at a lower price-to-earnings ratio than Spirit Airlines, indicating that it is currently the more affordable of the two stocks.
Frontier Group received 13 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 41.24% of users gave Frontier Group an outperform vote while only 31.76% of users gave Spirit Airlines an outperform vote.
58.7% of Spirit Airlines shares are owned by institutional investors. 0.7% of Spirit Airlines shares are owned by insiders. Comparatively, 81.5% of Frontier Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Spirit Airlines currently has a consensus price target of $3.57, indicating a potential downside of 2.95%. Frontier Group has a consensus price target of $7.28, indicating a potential upside of 38.97%. Given Frontier Group's stronger consensus rating and higher probable upside, analysts plainly believe Frontier Group is more favorable than Spirit Airlines.
Spirit Airlines has a beta of 1.41, indicating that its stock price is 41% more volatile than the S&P 500. Comparatively, Frontier Group has a beta of 2.63, indicating that its stock price is 163% more volatile than the S&P 500.
In the previous week, Spirit Airlines had 8 more articles in the media than Frontier Group. MarketBeat recorded 20 mentions for Spirit Airlines and 12 mentions for Frontier Group. Frontier Group's average media sentiment score of 0.17 beat Spirit Airlines' score of 0.00 indicating that Frontier Group is being referred to more favorably in the news media.
Summary
Frontier Group beats Spirit Airlines on 14 of the 18 factors compared between the two stocks.
Get Spirit Airlines News Delivered to You Automatically
Sign up to receive the latest news and ratings for SAVE and its competitors with MarketBeat's FREE daily newsletter.
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.
Spirit Airlines Competitors List
Related Companies and Tools
