ALGT vs. SKYW, CPA, JBLU, DAL, UAL, LUV, ALK, ULCC, VLRS, and AZUL
Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include SkyWest (SKYW), Copa (CPA), JetBlue Airways (JBLU), Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV), Alaska Air Group (ALK), Frontier Group (ULCC), Controladora Vuela Compañía de Aviación (VLRS), and Azul (AZUL). These companies are all part of the "air transportation, scheduled" industry.
Allegiant Travel vs.
Allegiant Travel (NASDAQ:ALGT) and SkyWest (NASDAQ:SKYW) are both transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, profitability, valuation, institutional ownership, analyst recommendations, earnings, community ranking, risk and dividends.
SkyWest has a net margin of 7.29% compared to Allegiant Travel's net margin of -1.04%. SkyWest's return on equity of 11.02% beat Allegiant Travel's return on equity.
Allegiant Travel has a beta of 1.67, meaning that its share price is 67% more volatile than the S&P 500. Comparatively, SkyWest has a beta of 1.96, meaning that its share price is 96% more volatile than the S&P 500.
Allegiant Travel pays an annual dividend of $2.40 per share and has a dividend yield of 2.8%. SkyWest pays an annual dividend of $0.56 per share and has a dividend yield of 0.6%. Allegiant Travel pays out -160.0% of its earnings in the form of a dividend. SkyWest pays out 9.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Allegiant Travel is clearly the better dividend stock, given its higher yield and lower payout ratio.
85.8% of Allegiant Travel shares are owned by institutional investors. Comparatively, 81.3% of SkyWest shares are owned by institutional investors. 15.8% of Allegiant Travel shares are owned by insiders. Comparatively, 2.0% of SkyWest shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Allegiant Travel had 3 more articles in the media than SkyWest. MarketBeat recorded 14 mentions for Allegiant Travel and 11 mentions for SkyWest. SkyWest's average media sentiment score of 0.67 beat Allegiant Travel's score of 0.47 indicating that SkyWest is being referred to more favorably in the news media.
Allegiant Travel has higher earnings, but lower revenue than SkyWest. Allegiant Travel is trading at a lower price-to-earnings ratio than SkyWest, indicating that it is currently the more affordable of the two stocks.
Allegiant Travel currently has a consensus target price of $68.00, indicating a potential downside of 19.50%. SkyWest has a consensus target price of $105.75, indicating a potential upside of 3.88%. Given SkyWest's stronger consensus rating and higher possible upside, analysts clearly believe SkyWest is more favorable than Allegiant Travel.
Allegiant Travel received 86 more outperform votes than SkyWest when rated by MarketBeat users. However, 68.22% of users gave SkyWest an outperform vote while only 57.59% of users gave Allegiant Travel an outperform vote.
Summary
SkyWest beats Allegiant Travel on 13 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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This page (NASDAQ:ALGT) was last updated on 12/21/2024 by MarketBeat.com Staff
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