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Best Airline Stocks to Buy Now (2024)
Top airline stocks in 2024 ranked by overall Zen Score. See the best airline stocks to buy now, according to analyst forecasts for the airlines industry.

Industry: Airlines
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CPA
COPA HOLDINGS SA
NYSE
Airlines
$3.73B$88.61-1.01%$1.08B6.93x1.45
RYAAY
RYANAIR HOLDINGS PLC
NASDAQ
Airlines
$25.63B$112.39-0.54%$3.52B12.42x1.26
UAL
UNITED AIRLINES HOLDINGS INC
NASDAQ
Airlines
$15.13B$46.011.97%$8.36B5.15x5.96
DAL
DELTA AIR LINES INC
NYSE
Airlines
$27.13B$42.03-0.33%$8.83B6.00x5.07
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
NASDAQ
Airlines
$590.91M$11.191.82%$206.10M11.78x1.93
ALK
ALASKA AIR GROUP INC
NYSE
Airlines
$4.74B$37.59-0.61%$959.00M21.36x2.63
LUV
SOUTHWEST AIRLINES CO
NYSE
Airlines
$17.79B$29.70-0.37%$1.99B247.50x2.40
SKYW
SKYWEST INC
NASDAQ
Airlines
$3.03B$75.480.09%$736.63M17.35x2.12
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
NYSE
Airlines
$156.76M$5.960.85%$723.10M85.14x20.21
ATSG
AIR TRANSPORT SERVICES GROUP INC
NASDAQ
Airlines
$969.97M$14.75-7.06%$494.90M49.17x1.69
ALGT
ALLEGIANT TRAVEL CO
NASDAQ
Airlines
$743.58M$40.64-0.76%$388.11M-46.18x2.68
ULCC
FRONTIER GROUP HOLDINGS INC
NASDAQ
Airlines
$839.57M$3.74-2.86%$63.00M-12.90x9.94
LTM
LATAM AIRLINES GROUP SA
NYSE
Airlines
N/A$23.78-2.54%$1.30B12.35x31.60
SAVE
SPIRIT AIRLINES INC
NYSE
Airlines
$274.89M$2.510.00%-$252.81M-0.41x10.81
SRFM
SURF AIR MOBILITY INC
NYSE
Airlines
$13.21M$1.038.42%-$234.89M-0.04x-1.82
HA
HAWAIIAN HOLDINGS INC
NASDAQ
Airlines
$886.77M$17.050.06%-$176.98M-2.49x-41.22
AZUL
AZUL SA
NYSE
Airlines
$269.94M$2.32-7.20%$1.11B-0.58x-1.96
MESA
MESA AIR GROUP INC
NASDAQ
Airlines
$48.17M$1.170.00%-$27.73M-0.39x3.57
AAL
AMERICAN AIRLINES GROUP INC
NASDAQ
Airlines
$7.09B$10.800.00%$4.25B-56.84x-14.51
JBLU
JETBLUE AIRWAYS CORP
NASDAQ
Airlines
$1.84B$5.30-1.67%-$149.00M-1.89x4.19
FLYX
FLYEXCLUSIVE INC
NYSEMKT
Airlines
$318.32M$4.09-6.83%-$6.91MN/A-3.35
1

Airline Stocks FAQ

What are the best airline stocks to buy right now in Sep 2024?

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

1. Copa Holdings Sa (NYSE:CPA)


Copa Holdings Sa (NYSE:CPA) is the top airline stock with a Zen Score of 60, which is 34 points higher than the airline industry average of 26. It passed 22 out of 38 due diligence checks and has strong fundamentals. Copa Holdings Sa has seen its stock lose -11.38% over the past year, underperforming other airline stocks by -1 percentage points.

Copa Holdings Sa has an average 1 year price target of $152.17, an upside of 71.73% from Copa Holdings Sa's current stock price of $88.61.

Copa Holdings Sa stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Copa Holdings Sa, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Ryanair Holdings (NASDAQ:RYAAY)


Ryanair Holdings (NASDAQ:RYAAY) is the second best airline stock with a Zen Score of 53, which is 27 points higher than the airline industry average of 26. It passed 21 out of 38 due diligence checks and has strong fundamentals. Ryanair Holdings has seen its stock return 15.76% over the past year, overperforming other airline stocks by 26 percentage points.

Ryanair Holdings has an average 1 year price target of $151.00, an upside of 34.35% from Ryanair Holdings's current stock price of $112.39.

Ryanair Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ryanair Holdings, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. United Airlines Holdings (NASDAQ:UAL)


United Airlines Holdings (NASDAQ:UAL) is the third best airline stock with a Zen Score of 49, which is 23 points higher than the airline industry average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. United Airlines Holdings has seen its stock lose -4.82% over the past year, overperforming other airline stocks by 6 percentage points.

United Airlines Holdings has an average 1 year price target of $71.20, an upside of 54.75% from United Airlines Holdings's current stock price of $46.01.

United Airlines Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering United Airlines Holdings, 72.73% have issued a Strong Buy rating, 18.18% have issued a Buy, 9.09% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the airline stocks with highest dividends?

Out of 6 airline stocks that have issued dividends in the past year, the 3 airline stocks with the highest dividend yields are:

1. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 23.9%, which is 17 percentage points higher than the airline industry average of 6.5%.

Spirit Airlines's dividend payout ratio of -11.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Copa Holdings Sa (NYSE:CPA)


Copa Holdings Sa (NYSE:CPA) has an annual dividend yield of 5.48%, which is -1 percentage points lower than the airline industry average of 6.5%. Copa Holdings Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Copa Holdings Sa's dividend has shown consistent growth over the last 10 years.

Copa Holdings Sa's dividend payout ratio of 31.8% indicates that its high dividend yield is sustainable for the long-term.

3. Allegiant Travel Co (NASDAQ:ALGT)


Allegiant Travel Co (NASDAQ:ALGT) has an annual dividend yield of 4.43%, which is -2 percentage points lower than the airline industry average of 6.5%. Allegiant Travel Co's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Allegiant Travel Co's dividend has not shown consistent growth over the last 10 years.

Allegiant Travel Co's dividend payout ratio of -272.7% indicates that its high dividend yield might not be sustainable for the long-term.

Why are airline stocks down?

Airline stocks were down -0.59% in the last day, and down -0.79% over the last week.

We couldn't find a catalyst for why airline stocks are down.

What are the most undervalued airline stocks?

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

1. Alaska Air Group (NYSE:ALK)


Alaska Air Group (NYSE:ALK) is the most undervalued airline stock based on WallStreetZen's Valuation Score. Alaska Air Group has a valuation score of 71, which is 43 points higher than the airline industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Alaska Air Group's stock has dropped -7.28% in the past year. It has overperformed other stocks in the airline industry by 3 percentage points.

2. Copa Holdings Sa (NYSE:CPA)


Copa Holdings Sa (NYSE:CPA) is the second most undervalued airline stock based on WallStreetZen's Valuation Score. Copa Holdings Sa has a valuation score of 71, which is 43 points higher than the airline industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Copa Holdings Sa's stock has dropped -11.38% in the past year. It has underperformed other stocks in the airline industry by -1 percentage points.

3. United Airlines Holdings (NASDAQ:UAL)


United Airlines Holdings (NASDAQ:UAL) is the third most undervalued airline stock based on WallStreetZen's Valuation Score. United Airlines Holdings has a valuation score of 71, which is 43 points higher than the airline industry average of 28. It passed 5 out of 7 valuation due diligence checks.

United Airlines Holdings's stock has dropped -4.82% in the past year. It has overperformed other stocks in the airline industry by 6 percentage points.

Are airline stocks a good buy now?

36.84% of airline stocks rated by analysts are a strong buy right now. On average, analysts expect airline stocks to rise by 39.91% 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 42.77x.
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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.