Airline Stocks To Watch Now - July 23rd

RTX, American Airlines Group, Joby Aviation, United Airlines, Southwest Airlines, Delta Air Lines, and Zscaler are the seven Airline stocks to watch today, according to MarketBeat's stock screener tool. Airline stocks are shares of publicly traded companies whose primary business is the operation of passenger and cargo air transportation services. Their market value is influenced by factors such as fuel costs, travel demand, economic conditions and government regulations. Investors buy and sell these stocks to gain exposure to the growth and profitability of the airline industry, while also assuming its operational and external risks. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Shares of RTX stock traded up $5.64 during trading on Wednesday, reaching $154.81. The company's stock had a trading volume of 3,515,049 shares, compared to its average volume of 5,293,216. The company has a current ratio of 1.01, a quick ratio of 0.75 and a debt-to-equity ratio of 0.60. RTX has a fifty-two week low of $103.62 and a fifty-two week high of $155.32. The company has a 50-day moving average price of $141.35 and a two-hundred day moving average price of $131.70. The firm has a market cap of $206.82 billion, a PE ratio of 45.35, a P/E/G ratio of 2.82 and a beta of 0.64.

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American Airlines Group (AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

Shares of AAL stock traded up $0.21 during mid-day trading on Wednesday, reaching $12.71. The stock had a trading volume of 35,744,594 shares, compared to its average volume of 44,739,498. The firm's 50 day simple moving average is $11.52 and its 200 day simple moving average is $12.71. The firm has a market cap of $8.38 billion, a PE ratio of 14.09, a P/E/G ratio of 1.82 and a beta of 1.36. American Airlines Group has a one year low of $8.50 and a one year high of $19.10.

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Joby Aviation (JOBY)

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.

JOBY stock traded up $0.45 during midday trading on Wednesday, reaching $17.06. 15,189,632 shares of the stock were exchanged, compared to its average volume of 16,623,606. The company has a fifty day moving average price of $9.40 and a 200 day moving average price of $7.87. The stock has a market capitalization of $13.50 billion, a PE ratio of -20.43 and a beta of 2.47. Joby Aviation has a 52 week low of $4.66 and a 52 week high of $18.55.

Read Our Latest Research Report on JOBY

United Airlines (UAL)

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.

Shares of United Airlines stock traded up $0.42 during trading on Wednesday, hitting $91.20. The company's stock had a trading volume of 1,920,226 shares, compared to its average volume of 7,669,547. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. United Airlines has a 52 week low of $37.02 and a 52 week high of $116.00. The company has a market capitalization of $29.52 billion, a PE ratio of 9.14, a P/E/G ratio of 1.55 and a beta of 1.42. The company has a fifty day simple moving average of $80.11 and a two-hundred day simple moving average of $83.85.

Read Our Latest Research Report on UAL

Southwest Airlines (LUV)

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

Shares of NYSE:LUV traded up $0.40 during midday trading on Wednesday, hitting $37.57. The company had a trading volume of 4,612,973 shares, compared to its average volume of 10,298,851. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.77 and a quick ratio of 0.72. The stock has a market cap of $21.41 billion, a price-to-earnings ratio of 44.17, a price-to-earnings-growth ratio of 5.59 and a beta of 1.21. The business's 50-day simple moving average is $33.13 and its 200-day simple moving average is $31.24. Southwest Airlines has a twelve month low of $23.58 and a twelve month high of $37.96.

Read Our Latest Research Report on LUV

Delta Air Lines (DAL)

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.

Shares of Delta Air Lines stock traded up $0.94 during trading hours on Wednesday, reaching $56.61. 2,872,048 shares of the company's stock were exchanged, compared to its average volume of 9,841,984. The firm has a market capitalization of $36.96 billion, a price-to-earnings ratio of 8.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.49. Delta Air Lines has a 52-week low of $34.74 and a 52-week high of $69.98. The company has a current ratio of 0.38, a quick ratio of 0.33 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average of $50.42 and a 200-day moving average of $52.46.

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Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

Shares of ZS traded down $3.37 during mid-day trading on Wednesday, hitting $282.34. 399,765 shares of the company's stock were exchanged, compared to its average volume of 2,059,820. Zscaler has a twelve month low of $153.45 and a twelve month high of $318.46. The stock has a market cap of $43.96 billion, a price-to-earnings ratio of -1,083.38 and a beta of 1.11. The firm has a fifty day moving average of $289.52 and a two-hundred day moving average of $233.09.

Read Our Latest Research Report on ZS