Best Airline Stocks To Follow Now - November 6th

Key Points

• Five stocks flagged by MarketBeat: United Airlines, American Airlines, Delta Air Lines, Honeywell Aerospace, and Southwest Airlines ranked among airline stocks with the highest recent dollar trading volume.
• All five shares were higher in Friday midday trading. Delta rose $2.14 to $87.50, United gained $2.09 to $112.58, and Honeywell Aerospace advanced $2.88 to $152.47.
• The companies’ financial profiles vary: American Airlines reported a negative P/E ratio of -18.12, while Honeywell Aerospace had a P/E of 81.56; United’s debt-to-equity ratio was 1.38, compared with 0.42 for Delta.

United Airlines, American Airlines Group, Delta Air Lines, Honeywell Aerospace, and Southwest Airlines are the five Airline stocks to watch today, according to MarketBeat's stock screener tool. Airline stocks are shares of publicly traded companies that operate passenger or cargo airlines, giving investors partial ownership in those businesses. Their prices can be affected by travel demand, fuel costs, competition, economic conditions, and other factors that influence airline profits. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

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.

UAL traded up $2.09 during midday trading on Friday, hitting $112.58. The company had a trading volume of 1,542,723 shares, compared to its average volume of 5,685,431. The company has a quick ratio of 0.68, a current ratio of 0.75 and a debt-to-equity ratio of 1.38. The stock's 50 day moving average price is $107.32 and its 200 day moving average price is $108.21. The company has a market capitalization of $36.58 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 1.48 and a beta of 1.38. United Airlines has a 52 week low of $84.64 and a 52 week high of $138.77.

Read Our Latest Research Report on UAL

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 NASDAQ:AAL traded up $0.30 during midday trading on Friday, reaching $13.23. The company had a trading volume of 12,951,102 shares, compared to its average volume of 76,645,094. American Airlines Group has a 52-week low of $10.09 and a 52-week high of $18.79. The company's 50 day moving average price is $12.89 and its 200 day moving average price is $13.52. The stock has a market cap of $8.77 billion, a P/E ratio of -18.12 and a beta of 1.45.

Read Our Latest Research Report on AAL

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 NYSE DAL traded up $2.14 during mid-day trading on Friday, hitting $87.50. The company had a trading volume of 1,591,268 shares, compared to its average volume of 8,432,214. The company has a market capitalization of $57.57 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 1.59 and a beta of 1.43. Delta Air Lines has a 1 year low of $55.27 and a 1 year high of $95.68. The stock's 50-day moving average price is $80.67 and its 200-day moving average price is $77.02. The company has a current ratio of 0.40, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42.

Read Our Latest Research Report on DAL

Honeywell Aerospace (HONA)

Honeywell Aerospace Inc. manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.

Shares of NASDAQ:HONA traded up $2.88 on Friday, reaching $152.47. 596,063 shares of the company traded hands, compared to its average volume of 3,566,958. The business has a 50-day simple moving average of $159.41. The stock has a market capitalization of $48.34 billion and a PE ratio of 81.56. Honeywell Aerospace has a 52 week low of $147.40 and a 52 week high of $297.50.

Read Our Latest Research Report on HONA

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.

Southwest Airlines stock traded up $0.41 during mid-day trading on Friday, hitting $44.85. The company had a trading volume of 1,862,632 shares, compared to its average volume of 7,375,397. The stock's 50 day moving average price is $41.07 and its two-hundred day moving average price is $43.52. The company has a current ratio of 0.47, a quick ratio of 0.40 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $21.96 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 0.67 and a beta of 1.23. Southwest Airlines has a 12 month low of $30.84 and a 12 month high of $55.11.

Read Our Latest Research Report on LUV

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