Allegiant Travel (NASDAQ:ALGT – Get Free Report) and Qantas Airways (OTCMKTS:QUBSF – Get Free Report) are both industrials companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, earnings, institutional ownership, risk, profitability, valuation and analyst recommendations.
Analyst Ratings
This is a breakdown of current recommendations for Allegiant Travel and Qantas Airways, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Allegiant Travel | 1 | 5 | 9 | 0 | 2.53 |
| Qantas Airways | 0 | 0 | 0 | 0 | 0.00 |
Allegiant Travel currently has a consensus price target of $127.00, suggesting a potential upside of 48.10%. Given Allegiant Travel’s stronger consensus rating and higher possible upside, research analysts clearly believe Allegiant Travel is more favorable than Qantas Airways.
Valuation & Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Allegiant Travel | $2.61 billion | 0.90 | -$44.70 million | $1.41 | 60.82 |
| Qantas Airways | N/A | N/A | N/A | ($1.28) | -5.45 |
Qantas Airways has lower revenue, but higher earnings than Allegiant Travel. Qantas Airways is trading at a lower price-to-earnings ratio than Allegiant Travel, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Allegiant Travel and Qantas Airways’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Allegiant Travel | 0.90% | 10.83% | 2.75% |
| Qantas Airways | N/A | N/A | N/A |
Insider and Institutional Ownership
85.8% of Allegiant Travel shares are held by institutional investors. Comparatively, 23.1% of Qantas Airways shares are held by institutional investors. 12.8% of Allegiant Travel shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Allegiant Travel beats Qantas Airways on 11 of the 11 factors compared between the two stocks.
About Allegiant Travel
Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
About Qantas Airways
Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passenger flying, and air cargo and express freight services; and customer loyalty recognition programs. The company operates a fleet of aircraft under the Qantas and Jetstar brands. Qantas Airways Limited was founded in 1920 and is based in Mascot, Australia.
Receive News & Ratings for Allegiant Travel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegiant Travel and related companies with MarketBeat.com's FREE daily email newsletter.
