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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
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
$784.98M$1.05B$224.94M$72.18M$1.3017.35%N/A319.35%N/A2024-04-25
UAL
UNITED AIRLINES HOLDINGS INC
$16.91B$54.83B$8.07B$2.69B$8.1912.31%5.55%39.05%-0.34%
CPA
COPA HOLDINGS SA
$3.94B$2.97B$743.57M$348.05M$8.5896.37%3.29%733.01%0.07%2024-05-16
ALGT
ALLEGIANT TRAVEL CO
$1.13B$2.51B$535.37M$117.60M$6.329.04%8.52%4,414.29%-8.81%2024-05-01
LUV
SOUTHWEST AIRLINES CO
$17.34B$26.09B$2.41B$465.00M$0.789.56%3.50%-14.29%-28.92%2024-04-25
ATSG
AIR TRANSPORT SERVICES GROUP INC
$828.25M$2.07B$521.05M$60.33M$0.881.23%18.33%-67.41%-5.70%2024-05-02
RYAAY
RYANAIR HOLDINGS PLC
$30.84B$12.11B$2.74B$1.48B$6.49122.00%6.00%N/A-3.32%2024-05-20
DAL
DELTA AIR LINES INC
$30.88B$59.04B$9.39B$5.01B$7.839.34%5.61%163.64%5.43%
ALK
ALASKA AIR GROUP INC
$5.60B$10.43B$895.00M$235.00M$1.848.09%4.76%300.00%-12.32%
AAL
AMERICAN AIRLINES GROUP INC
$9.18B$52.79B$5.52B$822.00M$1.267.79%3.46%530.00%-16.15%2024-04-25
SKYW
SKYWEST INC
$2.74B$2.94B$554.35M$34.34M$0.78-2.31%-1.84%-45.83%-32.09%2024-04-25
HA
HAWAIIAN HOLDINGS INC
$673.20M$2.72B-$103.64M-$260.49M-$5.052.84%-0.87%N/AN/A2024-04-23
SAVE
SPIRIT AIRLINES INC
$441.20M$5.36B-$68.53M-$447.46M-$4.105.80%10.04%N/AN/A2024-05-06
ULCC
FRONTIER GROUP HOLDINGS INC
$1.57B$3.59B$111.00M-$11.00M-$0.057.91%10.73%N/AN/A2024-05-01
AZUL
AZUL SA
$674.78M$3.20B$1.24B-$145.05M-$1.2568.33%5.31%N/AN/A2024-05-09
JBLU
JETBLUE AIRWAYS CORP
$2.41B$9.62B$497.00M-$310.00M-$0.934.99%4.66%N/AN/A2024-04-23
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
$870.14M$2.85B$478.10M-$80.22M-$0.6929.40%18.10%N/AN/A
MESA
MESA AIR GROUP INC
$35.21M$498.07M-$18.58M-$120.12M-$3.04-6.20%-6.08%N/AN/A2024-05-07

Airline Stocks FAQ

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

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 58, which is 24 points higher than the airline industry average of 34. It passed 19 out of 33 due diligence checks and has strong fundamentals. Sun Country Airlines Holdings has seen its stock lose -21.06% over the past year, underperforming other airline stocks by -29 percentage points.

Sun Country Airlines Holdings has an average 1 year price target of $18.33, an upside of 24.46% from Sun Country Airlines Holdings's current stock price of $14.73.

Sun Country Airlines Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Sun Country Airlines Holdings, 66.67% have issued a Strong Buy rating, 0% 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. United Airlines Holdings (NASDAQ:UAL)


United Airlines Holdings (NASDAQ:UAL) is the second best airline stock with a Zen Score of 56, which is 22 points higher than the airline industry average of 34. It passed 18 out of 33 due diligence checks and has strong fundamentals. United Airlines Holdings has seen its stock return 19.47% over the past year, overperforming other airline stocks by 11 percentage points.

United Airlines Holdings has an average 1 year price target of $67.89, an upside of 32.03% from United Airlines Holdings's current stock price of $51.42.

United Airlines Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering United Airlines Holdings, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Copa Holdings Sa (NYSE:CPA)


Copa Holdings Sa (NYSE:CPA) is the third best airline stock with a Zen Score of 55, which is 21 points higher than the airline industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Copa Holdings Sa has seen its stock return 8.9% over the past year, overperforming other airline stocks by 1 percentage points.

Copa Holdings Sa has an average 1 year price target of $155.00, an upside of 55.09% from Copa Holdings Sa's current stock price of $99.94.

Copa Holdings Sa stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Copa Holdings Sa, 100% have issued a Strong Buy rating, 0% 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 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 27.3%, which is 21 percentage points higher than the airline industry average of 6.35%.

Spirit Airlines's dividend payout ratio of -29.3% 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 4.07%, which is -2 percentage points lower than the airline industry average of 6.35%. 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 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Allegiant Travel Co (NASDAQ:ALGT)


Allegiant Travel Co (NASDAQ:ALGT) has an annual dividend yield of 2.91%, which is -3 percentage points lower than the airline industry average of 6.35%. 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 28.5% indicates that its dividend yield is sustainable for the long-term.

Why are airline stocks up?

Airline stocks were up 1.34% in the last day, and down -1.01% over the last week. United Airlines Holdings was the among the top gainers in the airlines industry, gaining 5.5% yesterday.

United Airlines shares are trading higher after multiple analysts raised their price targets on the stock.

What are the most undervalued airline stocks?

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

1. United Airlines Holdings (NASDAQ:UAL)


United Airlines Holdings (NASDAQ:UAL) is the most undervalued airline stock based on WallStreetZen's Valuation Score. United Airlines Holdings has a valuation score of 100, which is 58 points higher than the airline industry average of 42. It passed 7 out of 7 valuation due diligence checks.

United Airlines Holdings's stock has gained 19.47% in the past year. It has overperformed other stocks in the airline industry by 11 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 29 points higher than the airline industry average of 42. It passed 5 out of 7 valuation due diligence checks.

Copa Holdings Sa's stock has gained 8.9% in the past year. It has overperformed other stocks in the airline industry by 1 percentage points.

3. American Airlines Group (NASDAQ:AAL)


American Airlines Group (NASDAQ:AAL) is the third most undervalued airline stock based on WallStreetZen's Valuation Score. American Airlines Group has a valuation score of 71, which is 29 points higher than the airline industry average of 42. It passed 5 out of 7 valuation due diligence checks.

American Airlines Group's stock has gained 5.49% in the past year. It has underperformed other stocks in the airline industry by -3 percentage points.

Are airline stocks a good buy now?

41.18% of airline stocks rated by analysts are a strong buy right now. On average, analysts expect airline stocks to rise by 24.13% 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 14.86x.
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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.