ALGT vs. HA, SAVE, MESA, SKYW, CPA, JBLU, DAL, UAL, LUV, and ALK
Should you be buying Allegiant Travel stock or one of its competitors? The main competitors of Allegiant Travel include Hawaiian (HA), Spirit Airlines (SAVE), Mesa Air Group (MESA), SkyWest (SKYW), Copa (CPA), JetBlue Airways (JBLU), 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.
Allegiant Travel vs.
Hawaiian (NASDAQ:HA) and Allegiant Travel (NASDAQ:ALGT) are both small-cap transportation companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, valuation, media sentiment, analyst recommendations, profitability, earnings, dividends, community ranking and institutional ownership.
Allegiant Travel has lower revenue, but higher earnings than Hawaiian. Allegiant Travel is trading at a lower price-to-earnings ratio than Hawaiian, indicating that it is currently the more affordable of the two stocks.
Allegiant Travel has a net margin of -1.04% compared to Hawaiian's net margin of -12.80%. Allegiant Travel's return on equity of 0.63% beat Hawaiian's return on equity.
Hawaiian has a beta of 2.4, meaning that its stock price is 140% more volatile than the S&P 500. Comparatively, Allegiant Travel has a beta of 1.61, meaning that its stock price is 61% more volatile than the S&P 500.
Hawaiian presently has a consensus price target of $16.00, suggesting a potential downside of 11.11%. Allegiant Travel has a consensus price target of $70.11, suggesting a potential downside of 3.56%. Given Allegiant Travel's higher possible upside, analysts plainly believe Allegiant Travel is more favorable than Hawaiian.
Hawaiian pays an annual dividend of $0.48 per share and has a dividend yield of 2.7%. Allegiant Travel pays an annual dividend of $2.40 per share and has a dividend yield of 3.3%. Hawaiian pays out -8.3% of its earnings in the form of a dividend. Allegiant Travel pays out -160.0% 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.
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 company insiders. Comparatively, 15.8% of Allegiant Travel shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
In the previous week, Allegiant Travel had 24 more articles in the media than Hawaiian. MarketBeat recorded 37 mentions for Allegiant Travel and 13 mentions for Hawaiian. Allegiant Travel's average media sentiment score of 0.21 beat Hawaiian's score of 0.16 indicating that Allegiant Travel is being referred to more favorably in the news media.
Allegiant Travel received 96 more outperform votes than Hawaiian when rated by MarketBeat users. Likewise, 57.83% of users gave Allegiant Travel an outperform vote while only 52.24% of users gave Hawaiian an outperform vote.
Summary
Allegiant Travel beats Hawaiian on 15 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:ALGT) was last updated on 11/21/2024 by MarketBeat.com Staff
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