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Best Airline Stocks to Buy Now (2022)
Top airline stocks in 2022 ranked by overall Zen Score. See the best airline stocks to buy now, according to analyst forecasts for the airlines industry.

Industry: Airlines
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
NASDAQ
Airlines
$1.39B$23.93-0.13%$164.12M20.45x1.88
ALGT
ALLEGIANT TRAVEL CO
NASDAQ
Airlines
$2.39B$132.06-7.29%$432.99M17.06x2.46
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
NYSE
Airlines
$1.55B$14.02-1.48%$608.42M15.41x11.73
LUV
SOUTHWEST AIRLINES CO
NYSE
Airlines
$24.74B$41.73-3.80%$2.54B42.58x2.58
ALK
ALASKA AIR GROUP INC
NYSE
Airlines
$5.57B$44.21-4.84%$1.12B11.88x2.91
CPA
COPA HOLDINGS SA
NYSE
Airlines
$2.79B$66.49-2.75%$370.51M64.55x2.27
ULCC
FRONTIER GROUP HOLDINGS INC
NASDAQ
Airlines
$1.92B$8.84-2.43%-$129.00M-14.03x9.11
DAL
DELTA AIR LINES INC
NYSE
Airlines
$23.86B$37.22-5.82%$3.90B46.53x23.66
JBLU
JETBLUE AIRWAYS CORP
NASDAQ
Airlines
$3.15B$9.83-3.91%$416.00M-16.95x2.84
UAL
UNITED AIRLINES HOLDINGS INC
NASDAQ
Airlines
$13.58B$41.57-7.13%$1.66B-6.79x18.05
SKYW
SKYWEST INC
NASDAQ
Airlines
$1.20B$23.72-5.72%$685.94M12.82x2.12
SAVE
SPIRIT AIRLINES INC
NYSE
Airlines
$1.99B$18.35-5.22%-$178.40M-3.55x3.48
RYAAY
RYANAIR HOLDINGS PLC
NASDAQ
Airlines
$19.15B$84.87-2.34%-$283.06M-15.78x1.65
CEA
CHINA EASTERN AIRLINES CORP LTD
NYSE
Airlines
$5.42B$16.54-1.92%-$1.66B-2.90x4.32
ZNH
CHINA SOUTHERN AIRLINES CO LTD
NYSE
Airlines
$6.56B$25.87-0.58%-$1.37B-4.42x3.52
HA
HAWAIIAN HOLDINGS INC
NASDAQ
Airlines
$795.06M$15.49-5.61%-$13.25M-3.83x9.63
AZUL
AZUL SA
NYSE
Airlines
$4.00B$12.94-6.10%$254.21M-124.42x-2.01
MESA
MESA AIR GROUP INC
NASDAQ
Airlines
$94.67M$2.62-4.73%$38.74M-1.55x2.13
AAL
AMERICAN AIRLINES GROUP INC
NASDAQ
Airlines
$10.07B$15.50-7.46%$1.17B-4.22x-8.54
GOL
GOL INTELLIGENT AIRLINES INC
NYSE
Airlines
$9.88B$6.22-4.89%-$757.70M-28.53x-1.68

Airline Stocks FAQ

What are the best airline stocks to buy right now in May 2022?

According to Zen Score, the 3 best airline stocks to buy right now are:

1. SUN COUNTRY AIRLINES HOLDINGS (NASDAQ:SNCY)


SUN COUNTRY AIRLINES HOLDINGS (NASDAQ:SNCY) is the top airline stock with a Zen Score of 63, which is 32 points higher than the airline industry average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. SUN COUNTRY AIRLINES HOLDINGS has seen its stock lose -31.29% over the past year, overperforming other airline stocks by 3 percentage points.

SUN COUNTRY AIRLINES HOLDINGS has an average 1 year price target of $41.33, an upside of 72.72% from SUN COUNTRY AIRLINES HOLDINGS's current stock price of $23.93.

SUN COUNTRY AIRLINES HOLDINGS stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering SUN COUNTRY AIRLINES HOLDINGS, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. ALLEGIANT TRAVEL (NASDAQ:ALGT)


ALLEGIANT TRAVEL (NASDAQ:ALGT) is the second best airline stock with a Zen Score of 50, which is 19 points higher than the airline industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. ALLEGIANT TRAVEL has seen its stock lose -40.43% over the past year, underperforming other airline stocks by -6 percentage points.

ALLEGIANT TRAVEL has an average 1 year price target of $236.67, an upside of 79.21% from ALLEGIANT TRAVEL's current stock price of $132.06.

ALLEGIANT TRAVEL stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering ALLEGIANT TRAVEL, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV (NYSE:VLRS)


CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV (NYSE:VLRS) is the third best airline stock with a Zen Score of 47, which is 16 points higher than the airline industry average of 31. It passed 16 out of 33 due diligence checks and has strong fundamentals. CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV has seen its stock lose -18.77% over the past year, overperforming other airline stocks by 15 percentage points.

CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV has an average 1 year price target of $26.00, an upside of 85.45% from CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV's current stock price of $14.02.

CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Are airline stocks a good buy now?

40% of airline stocks rated by analysts are a buy right now. On average, analysts expect airline stocks to rise by 64.87% over the next year.

What is the average p/e ratio of the airlines industry?

The average P/E ratio of the airlines industry is 8.31x.

What are the most undervalued airline stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued airline stocks right now are:

1. ALLEGIANT TRAVEL (NASDAQ:ALGT)


ALLEGIANT TRAVEL (NASDAQ:ALGT) is the most undervalued airline stock based on WallStreetZen's Valuation Score. ALLEGIANT TRAVEL has a valuation score of 86, which is 50 points higher than the airline industry average of 36. It passed 6 out of 7 valuation due diligence checks.

ALLEGIANT TRAVEL's stock has dropped -40.43% in the past year. It has underperformed other stocks in the airline industry by -6 percentage points.

2. SUN COUNTRY AIRLINES HOLDINGS (NASDAQ:SNCY)


SUN COUNTRY AIRLINES HOLDINGS (NASDAQ:SNCY) is the second most undervalued airline stock based on WallStreetZen's Valuation Score. SUN COUNTRY AIRLINES HOLDINGS has a valuation score of 71, which is 35 points higher than the airline industry average of 36. It passed 5 out of 7 valuation due diligence checks.

SUN COUNTRY AIRLINES HOLDINGS's stock has dropped -31.29% in the past year. It has overperformed other stocks in the airline industry by 3 percentage points.

3. ALASKA AIR GROUP (NYSE:ALK)


ALASKA AIR GROUP (NYSE:ALK) is the third most undervalued airline stock based on WallStreetZen's Valuation Score. ALASKA AIR GROUP has a valuation score of 57, which is 21 points higher than the airline industry average of 36. It passed 4 out of 7 valuation due diligence checks.

ALASKA AIR GROUP's stock has dropped -36.16% in the past year. It has underperformed other stocks in the airline industry by -2 percentage points.

Why are airline stocks down?

Airline stocks were down -4.6% in the last day, and down -7.59% over the last week. AMERICAN AIRLINES GROUP was the among the top losers in the airlines industry, dropping -7.46% yesterday.

Shares of airlines are trading lower. The sector has been under pressure amid economic slowdown concerns, which have weighed on discretionary sectors. Continued COVID-19 uncertainty and emerging headlines of the Monkeypox could also weigh on travel outlook.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.