WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsAirlines
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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
$579.78MN/A0.00%N/AN/AN/AN/A
UAL
UNITED AIRLINES HOLDINGS INC
$18.01BN/A0.00%N/AN/AN/AN/A
CPA
COPA HOLDINGS SA
$4.61B3.72%31.80%$1.6100$4.0766%32024-05-312024-06-14
LUV
SOUTHWEST AIRLINES CO
$16.74B2.57%109.10%$0.1800$0.7250%02024-06-182024-07-10
ALGT
ALLEGIANT TRAVEL CO
$998.40M4.38%56.80%$0.6000$2.4074%32024-06-03
RYAAY
RYANAIR HOLDINGS PLC
$28.79B0.76%0.00%$0.9653$0.9714%2
ATSG
AIR TRANSPORT SERVICES GROUP INC
$962.19MN/A0.00%N/AN/AN/AN/A
DAL
DELTA AIR LINES INC
$33.89B0.76%3.80%$0.1000$0.4014%12024-06-04
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
$223.56MN/A0.00%N/AN/AN/AN/A
ALK
ALASKA AIR GROUP INC
$5.49BN/A0.00%$0.3750N/AN/A0
SKYW
SKYWEST INC
$3.09BN/A0.00%$0.1400N/AN/A0
ULCC
FRONTIER GROUP HOLDINGS INC
$1.35BN/A0.00%N/AN/AN/AN/A
AAL
AMERICAN AIRLINES GROUP INC
$9.70BN/A0.00%$0.1000N/AN/A0
SAVE
SPIRIT AIRLINES INC
$421.58M25.97%-22.50%$0.1000$1.00100%0
SRFM
SURF AIR MOBILITY INC
$33.21MN/A0.00%N/AN/AN/AN/A
JBLU
JETBLUE AIRWAYS CORP
$2.08BN/A0.00%N/AN/AN/AN/A
AZUL
AZUL SA
$686.49MN/A0.00%N/AN/AN/AN/A
FLYX
FLYEXCLUSIVE INC
$508.96MN/AN/AN/AN/AN/AN/A
MESA
MESA AIR GROUP INC
$36.81MN/A0.00%N/AN/AN/AN/A
HA
HAWAIIAN HOLDINGS INC
$705.15MN/A0.00%$0.1200N/AN/A0
1

Airline Stocks FAQ

What are the best airline stocks to buy right now in May 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 56, which is 27 points higher than the airline industry average of 29. It passed 19 out of 33 due diligence checks and has strong fundamentals. Sun Country Airlines Holdings has seen its stock lose -38.09% over the past year, underperforming other airline stocks by -45 percentage points.

Sun Country Airlines Holdings has an average 1 year price target of $18.33, an upside of 66.36% from Sun Country Airlines Holdings's current stock price of $11.02.

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 46, which is 17 points higher than the airline industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. United Airlines Holdings has seen its stock return 20.79% over the past year, overperforming other airline stocks by 14 percentage points.

United Airlines Holdings has an average 1 year price target of $63.90, an upside of 16.65% from United Airlines Holdings's current stock price of $54.78.

United Airlines Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering United Airlines Holdings, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% 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 43, which is 14 points higher than the airline industry average of 29. It passed 16 out of 38 due diligence checks and has strong fundamentals. Copa Holdings Sa has seen its stock return 5.03% over the past year, underperforming other airline stocks by -2 percentage points.

Copa Holdings Sa has an average 1 year price target of $155.00, an upside of 41.49% from Copa Holdings Sa's current stock price of $109.55.

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 25.97%, which is 20 percentage points higher than the airline industry average of 6.36%.

Spirit Airlines's dividend payout ratio of -22.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Allegiant Travel Co (NASDAQ:ALGT)


Allegiant Travel Co (NASDAQ:ALGT) has an annual dividend yield of 4.38%, which is -2 percentage points lower than the airline industry average of 6.36%. 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 56.8% indicates that its dividend yield is sustainable for the long-term.

3. Copa Holdings Sa (NYSE:CPA)


Copa Holdings Sa (NYSE:CPA) has an annual dividend yield of 3.72%, which is -3 percentage points lower than the airline industry average of 6.36%. 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 dividend yield is sustainable for the long-term.

Why are airline stocks down?

Airline stocks were down -0.72% in the last day, and up 1.05% 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. 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 71, which is 40 points higher than the airline industry average of 31. It passed 5 out of 7 valuation due diligence checks.

United Airlines Holdings's stock has gained 20.79% in the past year. It has overperformed other stocks in the airline industry by 14 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 40 points higher than the airline industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Sun Country Airlines Holdings's stock has dropped -38.09% in the past year. It has underperformed other stocks in the airline industry by -45 percentage points.

3. Air Transport Services Group (NASDAQ:ATSG)


Air Transport Services Group (NASDAQ:ATSG) is the third most undervalued airline stock based on WallStreetZen's Valuation Score. Air Transport Services Group 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.

Air Transport Services Group's stock has dropped -8.44% in the past year. It has underperformed other stocks in the airline industry by -15 percentage points.

Are airline stocks a good buy now?

42.11% of airline stocks rated by analysts are a strong buy right now. On average, analysts expect airline stocks to rise by 21.99% 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 15.82x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.