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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
CPA
COPA HOLDINGS SA
Panama
$4.11B42,039,81464.54%0.00%
RYAAY
RYANAIR HOLDINGS PLC
Ireland
$26.04B2,850,113,8203.62%0.00%
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
United States
$803.10M52,939,83281.20%18.80%Net SellingNet Selling
UAL
UNITED AIRLINES HOLDINGS INC
United States
$28.78B328,875,90078.53%0.49%Net SellingNet Selling
ALK
ALASKA AIR GROUP INC
United States
$6.47B126,944,55988.29%0.80%Net SellingNet Selling
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
Mexico
$199.63M263,014,58318.42%0.00%
DAL
DELTA AIR LINES INC
United States
$39.39B645,281,22176.95%0.34%Net SellingNet Selling
SKYW
SKYWEST INC
United States
$4.55B40,327,81148.80%51.20%Net SellingNet Selling
LUV
SOUTHWEST AIRLINES CO
United States
$19.06B599,737,21975.06%24.94%Net BuyingNet Buying
ULCC
FRONTIER GROUP HOLDINGS INC
United States
$1.52B225,372,31117.33%82.67%Net SellingNet Selling
LTM
LATAM AIRLINES GROUP SA
Chile
N/A302,218,9390.00%0.00%
AAL
AMERICAN AIRLINES GROUP INC
United States
$9.07B657,130,99661.38%2.77%Net SellingNet Selling
SAVE
SPIRIT AIRLINES INC
United States
$295.70M109,518,29629.67%70.33%Net BuyingNet Buying
MESA
MESA AIR GROUP INC
United States
$38.01M41,313,22112.36%4.93%Net Buying
JBLU
JETBLUE AIRWAYS CORP
United States
$2.20B346,876,70672.69%27.31%Net SellingNet Buying
SRFM
SURF AIR MOBILITY INC
United States
$27.58M12,826,52957.06%42.94%Net BuyingNet Buying
ATSG
AIR TRANSPORT SERVICES GROUP INC
United States
$1.45B65,759,90455.10%44.90%Net Buying
ALGT
ALLEGIANT TRAVEL CO
United States
$1.35B18,343,94662.80%37.20%Net SellingNet Selling
AZUL
AZUL SA
Brazil
$311.83M1,264,715,8542.11%0.00%
FLYX
FLYEXCLUSIVE INC
United States
$168.58M77,829,5862.03%81.95%Net Buying

Airline Stocks FAQ

What are the best airline stocks to buy right now in Nov 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 33 points higher than the airline industry average of 27. It passed 22 out of 38 due diligence checks and has strong fundamentals. Copa Holdings Sa has seen its stock return 9.26% over the past year, underperforming other airline stocks by -31 percentage points.

Copa Holdings Sa has an average 1 year price target of $152.17, an upside of 55.61% from Copa Holdings Sa's current stock price of $97.79.

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 26 points higher than the airline industry average of 27. It passed 21 out of 38 due diligence checks and has strong fundamentals. Ryanair Holdings has seen its stock return 7.23% over the past year, underperforming other airline stocks by -33 percentage points.

Ryanair Holdings has an average 1 year price target of $58.80, an upside of 28.72% from Ryanair Holdings's current stock price of $45.68.

Ryanair Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ryanair Holdings, 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.

3. Sun Country Airlines Holdings (NASDAQ:SNCY)


Sun Country Airlines Holdings (NASDAQ:SNCY) is the third best airline stock with a Zen Score of 46, which is 19 points higher than the airline industry average of 27. It passed 15 out of 33 due diligence checks and has strong fundamentals. Sun Country Airlines Holdings has seen its stock return 20.11% over the past year, underperforming other airline stocks by -20 percentage points.

Sun Country Airlines Holdings has an average 1 year price target of $17.25, an upside of 13.71% from Sun Country Airlines Holdings's current stock price of $15.17.

Sun Country Airlines Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Sun Country 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.

What are the airline stocks with highest dividends?

Out of 5 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 14.81%, which is 10 percentage points higher than the airline industry average of 4.5%.

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 4.13%, which is the same as the airline industry average of 4.5%. 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. Ryanair Holdings (NASDAQ:RYAAY)


Ryanair Holdings (NASDAQ:RYAAY) has an annual dividend yield of 2.53%, which is -2 percentage points lower than the airline industry average of 4.5%. Ryanair Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Ryanair Holdings's dividend has not shown consistent growth over the last 10 years.

Ryanair Holdings's dividend payout ratio of 10.7% indicates that its dividend yield is sustainable for the long-term.

Why are airline stocks up?

Airline stocks were up 0.85% in the last day, and up 6.83% over the last week.

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

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 42 points higher than the airline industry average of 29. It passed 5 out of 7 valuation due diligence checks.

United Airlines Holdings's stock has gained 130.05% in the past year. It has overperformed other stocks in the airline industry by 90 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 42 points higher than the airline industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Copa Holdings Sa's stock has gained 9.26% in the past year. It has underperformed other stocks in the airline industry by -31 percentage points.

3. Sun Country Airlines Holdings (NASDAQ:SNCY)


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

Sun Country Airlines Holdings's stock has gained 20.11% in the past year. It has underperformed other stocks in the airline industry by -20 percentage points.

Are airline stocks a good buy now?

44.44% of airline stocks rated by analysts are a strong buy right now. On average, analysts expect airline stocks to rise by 12.2% 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 -59.63x.
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