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Best Airport Stocks to Buy Now (2024)
Top airport stocks in 2024 ranked by overall Zen Score. See the best airport stocks to buy now, according to analyst forecasts for the airports & air services industry.

Industry: Airports & Air Services
Ticker
Company
Price
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
PAC
PACIFIC AIRPORT GROUP
$154.29N/AN/A15.67x17.86x5.16x7.53xN/A$469.22M5.98%$1.03B20.36$9.05B9.66
ASR
SOUTHEAST AIRPORT GROUP
$303.74N/AN/A14.85x18.89x5.87x3.37xN/A$726.05M7.97%$2.70B90.09$8.92B8.55
CAAP
CORPORACION AMERICA AIRPORTS SA
$16.40$48.54-66.22%11.01xN/A1.91x3.69x0.14x$347.02M12.96%$724.98M4.44$3.65B4.72
OMAB
CENTRAL NORTH AIRPORT GROUP
$76.12$57.1133.30%16.96x13.54x5.54x7.91x0.82x$115.49M3.14%$464.70M9.63$4.07B10.83
BLDE
BLADE AIR MOBILITY INC
$3.63N/AN/A-4.78x-20.17x1.19x1.17xN/A-$34.32M-12.87%$234.30M3.19$269.33M-5.34
JOBY
JOBY AVIATION INC
$4.61N/AN/A-5.84x-7.95x2,305.00x3.13xN/A-$344.43M-11.54%$1.03B1.60$2.24B-4.64
ASLE
AERSALE CORP
$6.77N/AN/A-61.55xN/A1.04x0.79xN/A-$171.06M-49.26%$445.02M8.68$412.63M138.28
UP
WHEELS UP EXPERIENCE INC
$2.74N/AN/A-0.74x-0.34x0.29x19.62xN/A-$637.88M-176.09%$97.40M0.74$1.95B-5.06
SOAR
VOLATO GROUP INC
$2.40N/AN/A-0.69xN/A0.50x4.76xN/A-$31.03M-84.79%$14.75M0.97$42.35M-0.86
JTAI
JETAI INC
$0.70N/AN/A-0.35xN/A0.36x-2.17xN/A-$3.79M-85.45%-$3.94M-0.62$8.57M-0.72
SRFM
SURF AIR MOBILITY INC
$0.39N/AN/A-0.06xN/A0.25x-0.40xN/A-$72.15M-473.58%-$77.49M-1.96$73.24M-0.30
FLYX
FLYEXCLUSIVE INC
$4.70N/AN/AN/AN/A0.73x-10.78xN/A-$67.58M-18.60%-$33.73M-0.44$714.15M13.15

Airport Stocks FAQ

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

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

1. Pacific Airport Group (NYSE:PAC)


Pacific Airport Group (NYSE:PAC) is the top airport stock with a Zen Score of 49, which is 22 points higher than the airport industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Pacific Airport Group has seen its stock lose -21.11% over the past year, underperforming other airport stocks by -8 percentage points.

Pacific Airport Group has an average 1 year price target of $155.00, an upside of 0.46% from Pacific Airport Group's current stock price of $154.29.

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

2. Southeast Airport Group (NYSE:ASR)


Southeast Airport Group (NYSE:ASR) is the second best airport stock with a Zen Score of 46, which is 19 points higher than the airport industry average of 27. It passed 17 out of 38 due diligence checks and has strong fundamentals. Southeast Airport Group has seen its stock lose -0.04% over the past year, overperforming other airport stocks by 13 percentage points.

Southeast Airport Group has an average 1 year price target of $274.00, a downside of -9.79% from Southeast Airport Group's current stock price of $303.74.

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

3. Corporacion America Airports Sa (NYSE:CAAP)


Corporacion America Airports Sa (NYSE:CAAP) is the third best airport stock with a Zen Score of 43, which is 16 points higher than the airport industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Corporacion America Airports Sa has seen its stock return 43.86% over the past year, overperforming other airport stocks by 57 percentage points.

Corporacion America Airports Sa has an average 1 year price target of $21.00, an upside of 28.05% from Corporacion America Airports Sa's current stock price of $16.40.

Corporacion America Airports Sa stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Corporacion America Airports 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 airport stocks with highest dividends?

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

1. Pacific Airport Group (NYSE:PAC)


Pacific Airport Group (NYSE:PAC) has an annual dividend yield of 5.54%, which is 1 percentage points higher than the airport industry average of 4.28%. Pacific Airport Group's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Pacific Airport Group's dividend has shown consistent growth over the last 10 years.

Pacific Airport Group's dividend payout ratio of 73.4% indicates that its high dividend yield is sustainable for the long-term.

2. Southeast Airport Group (NYSE:ASR)


Southeast Airport Group (NYSE:ASR) has an annual dividend yield of 3.74%, which is -1 percentage points lower than the airport industry average of 4.28%. Southeast Airport Group's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Southeast Airport Group's dividend has shown consistent growth over the last 10 years.

Southeast Airport Group's dividend payout ratio of 55.6% indicates that its dividend yield is sustainable for the long-term.

3. Central North Airport Group (NASDAQ:OMAB)


Central North Airport Group (NASDAQ:OMAB) has an annual dividend yield of 3.56%, which is -1 percentage points lower than the airport industry average of 4.28%. Central North Airport Group's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Central North Airport Group's dividend has not shown consistent growth over the last 10 years.

Central North Airport Group's dividend payout ratio of 87.7% indicates that its dividend yield is sustainable for the long-term.

Why are airport stocks down?

Airport stocks were down -1.68% in the last day, and down -6.14% over the last week.

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

What are the most undervalued airport stocks?

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

1. Corporacion America Airports Sa (NYSE:CAAP)


Corporacion America Airports Sa (NYSE:CAAP) is the most undervalued airport stock based on WallStreetZen's Valuation Score. Corporacion America Airports Sa has a valuation score of 57, which is 43 points higher than the airport industry average of 14. It passed 4 out of 7 valuation due diligence checks.

Corporacion America Airports Sa's stock has gained 43.86% in the past year. It has overperformed other stocks in the airport industry by 57 percentage points.

2. Central North Airport Group (NASDAQ:OMAB)


Central North Airport Group (NASDAQ:OMAB) is the second most undervalued airport stock based on WallStreetZen's Valuation Score. Central North Airport Group has a valuation score of 29, which is 15 points higher than the airport industry average of 14. It passed 2 out of 7 valuation due diligence checks.

Central North Airport Group's stock has dropped -15.63% in the past year. It has underperformed other stocks in the airport industry by -3 percentage points.

3. Southeast Airport Group (NYSE:ASR)


Southeast Airport Group (NYSE:ASR) is the third most undervalued airport stock based on WallStreetZen's Valuation Score. Southeast Airport Group has a valuation score of 29, which is 15 points higher than the airport industry average of 14. It passed 2 out of 7 valuation due diligence checks.

Southeast Airport Group's stock has dropped -0.04% in the past year. It has overperformed other stocks in the airport industry by 13 percentage points.

Are airport stocks a good buy now?

87.5% of airport stocks rated by analysts are a strong buy right now. On average, analysts expect airport stocks to rise by 1.79% over the next year.

What is the average p/e ratio of the airports & air services industry?

The average P/E ratio of the airports & air services industry is 10.37x.
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.