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Best Airline Stocks to Buy Now (2023)
Top airline stocks in 2023 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
$1.08B$18.550.27%$95.98M142.69x2.00
LUV
SOUTHWEST AIRLINES CO
NYSE
Airlines
$21.20B$35.70-3.17%$2.79B25.50x2.29
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
NYSE
Airlines
$1.25B$11.28-0.79%$608.42M12.40x11.73
CPA
COPA HOLDINGS SA
NYSE
Airlines
$3.87B$92.320.50%$370.51M89.63x2.27
SKYW
SKYWEST INC
NASDAQ
Airlines
$1.01B$20.000.70%$720.65M8.13x2.11
ALK
ALASKA AIR GROUP INC
NYSE
Airlines
$6.51B$51.320.53%$594.00M125.17x2.80
UAL
UNITED AIRLINES HOLDINGS INC
NASDAQ
Airlines
$16.17B$49.45-1.65%$3.23B-21.04x13.08
ULCC
FRONTIER GROUP HOLDINGS INC
NASDAQ
Airlines
$2.70B$12.380.00%-$117.00M-19.97x8.07
RYAAY
RYANAIR HOLDINGS PLC
NASDAQ
Airlines
$21.69B$95.61-0.95%$384.85M-88.86x1.73
ALGT
ALLEGIANT TRAVEL CO
NASDAQ
Airlines
$1.55B$84.26-0.05%$243.64M-37.12x2.71
JBLU
JETBLUE AIRWAYS CORP
NASDAQ
Airlines
$2.70B$8.35-0.71%$130.00M-5.25x2.80
HA
HAWAIIAN HOLDINGS INC
NASDAQ
Airlines
$628.25M$12.220.91%-$112.72M-2.21x11.12
DAL
DELTA AIR LINES INC
NYSE
Airlines
$25.15B$39.22-0.41%$3.45B326.83x14.82
CEA
CHINA EASTERN AIRLINES CORP LTD
NYSE
Airlines
$6.87B$20.980.72%-$1.66B-3.68x4.32
SAVE
SPIRIT AIRLINES INC
NYSE
Airlines
$2.19B$20.161.31%-$19.34M-5.95x3.72
AZUL
AZUL SA
NYSE
Airlines
$2.22B$7.180.84%$254.21M-69.04x-2.01
AAL
AMERICAN AIRLINES GROUP INC
NASDAQ
Airlines
$10.79B$16.612.15%$2.22B-6.67x-9.44
MESA
MESA AIR GROUP INC
NASDAQ
Airlines
$101.67M$2.803.90%-$117.87M-0.55x2.62
ZNH
CHINA SOUTHERN AIRLINES CO LTD
NYSE
Airlines
$8.88B$35.020.32%-$1.37B-5.98x3.52
GOL
GOL INTELLIGENT AIRLINES INC
NYSE
Airlines
$5.01B$3.15-1.87%-$757.70M-14.45x-1.68

Airline Stocks FAQ

What are the best airline stocks to buy right now in Jan 2023?

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 52, which is 24 points higher than the airline industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals. Sun Country Airlines Holdings has seen its stock lose -24.59% over the past year, underperforming other airline stocks by -7 percentage points.

Sun Country Airlines Holdings has an average 1 year price target of $25.43, an upside of 37.08% from Sun Country Airlines Holdings's current stock price of $18.55.

Sun Country Airlines Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Sun Country Airlines Holdings, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Southwest Airlines Co (NYSE:LUV)


Southwest Airlines Co (NYSE:LUV) is the second best airline stock with a Zen Score of 52, which is 24 points higher than the airline industry average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Southwest Airlines Co has seen its stock lose -18.33% over the past year.

Southwest Airlines Co has an average 1 year price target of $46.89, an upside of 31.34% from Southwest Airlines Co's current stock price of $35.70.

Southwest Airlines Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Southwest Airlines Co, 45.45% have issued a Strong Buy rating, 9.09% have issued a Buy, 45.45% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Volaris (NYSE:VLRS)


Volaris (NYSE:VLRS) is the third best airline stock with a Zen Score of 45, which is 17 points higher than the airline industry average of 28. It passed 15 out of 33 due diligence checks and has strong fundamentals. Volaris has seen its stock lose -34.53% over the past year, underperforming other airline stocks by -17 percentage points.

Volaris has an average 1 year price target of $20.04, an upside of 77.69% from Volaris's current stock price of $11.28.

Volaris stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Volaris, 71.43% have issued a Strong Buy rating, 28.57% have issued a Buy, 0% 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 2 airline stocks that have issued dividends in the past year, the 2 airline stocks with the highest dividend yields are:

1. Southwest Airlines Co (NYSE:LUV)


Southwest Airlines Co (NYSE:LUV) has an annual dividend yield of 0.5%, which is the same as the airline industry average of 0.5%. Southwest Airlines Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Southwest Airlines Co's dividend has shown consistent growth over the last 10 years.

Southwest Airlines Co's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 0.5%, which is the same as the airline industry average of 0.5%.

Spirit Airlines's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

Why are airline stocks down?

Airline stocks were down -0.2% in the last day, and up 2.06% over the last week. Southwest Airlines Co was the among the top losers in the airlines industry, dropping -3.17% yesterday.

Southwest Airlines shares are trading lower after the company reported worse-than-expected Q4 earnings. The company said results were impacted by December operational disruptions.

What are the most undervalued airline stocks?

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

1. Skywest (NASDAQ:SKYW)


Skywest (NASDAQ:SKYW) is the most undervalued airline stock based on WallStreetZen's Valuation Score. Skywest has a valuation score of 57, which is 26 points higher than the airline industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Skywest's stock has dropped -47.22% in the past year. It has underperformed other stocks in the airline industry by -29 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 57, which is 26 points higher than the airline industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Sun Country Airlines Holdings's stock has dropped -24.59% in the past year. It has underperformed other stocks in the airline industry by -7 percentage points.

3. Southwest Airlines Co (NYSE:LUV)


Southwest Airlines Co (NYSE:LUV) is the third most undervalued airline stock based on WallStreetZen's Valuation Score. Southwest Airlines Co has a valuation score of 57, which is 26 points higher than the airline industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Southwest Airlines Co's stock has dropped -18.33% in the past year. It has performed in line with other stocks in the airline industry.

Are airline stocks a good buy now?

30% of airline stocks rated by analysts are a strong buy right now. On average, analysts expect airline stocks to rise by 26.24% 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 51.55x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.