Promising Airline Stocks To Add to Your Watchlist - November 5th

Key Points

• MarketBeat’s high-trading-volume airline watchlist includes United Airlines, American Airlines, Delta Air Lines, Honeywell Aerospace, Joby Aviation, Southwest Airlines, and Ryanair.
• All seven stocks traded lower on Thursday. Joby was at $5.01, while the other shares ranged from American Airlines at $12.80 to Honeywell Aerospace at $153.03; the companies span major carriers, an aerospace supplier, and an electric-aircraft developer.

United Airlines, American Airlines Group, Delta Air Lines, Honeywell Aerospace, Joby Aviation, Southwest Airlines, and Ryanair are the seven Airline stocks to watch today, according to MarketBeat's stock screener tool. Airline stocks are shares of publicly traded companies that transport passengers or cargo by air. For investors, their performance can be affected by travel demand, fuel and labor costs, debt, regulation, and broader economic conditions. 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.

Shares of NASDAQ UAL traded down $6.17 during mid-day trading on Thursday, reaching $109.59. 2,472,317 shares of the company's stock were exchanged, compared to its average volume of 5,686,982. The firm has a market capitalization of $35.61 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 1.37 and a beta of 1.38. United Airlines has a twelve month low of $84.64 and a twelve month high of $138.77. The company has a current ratio of 0.75, a quick ratio of 0.68 and a debt-to-equity ratio of 1.38. The business has a fifty day simple moving average of $107.41 and a 200 day simple moving average of $108.22.

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.

AAL stock traded down $0.83 during midday trading on Thursday, reaching $12.80. 19,259,346 shares of the stock were exchanged, compared to its average volume of 76,745,750. The company has a fifty day moving average price of $12.91 and a 200 day moving average price of $13.53. American Airlines Group has a 52 week low of $10.09 and a 52 week high of $18.79. The stock has a market capitalization of $8.48 billion, a PE ratio of -17.50 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.

DAL traded down $4.29 during trading on Thursday, hitting $84.95. 2,838,797 shares of the company's stock were exchanged, compared to its average volume of 8,440,373. Delta Air Lines has a fifty-two week low of $55.27 and a fifty-two week high of $95.68. The business's 50 day moving average is $80.63 and its two-hundred day moving average is $76.94. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.42. The stock has a market cap of $55.89 billion, a P/E ratio of 16.94, a PEG ratio of 1.49 and a beta of 1.43.

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 HONA stock traded down $3.36 on Thursday, reaching $153.03. The company's stock had a trading volume of 1,129,572 shares, compared to its average volume of 3,570,536. The company has a 50 day simple moving average of $159.70. Honeywell Aerospace has a 12-month low of $149.19 and a 12-month high of $297.50. The firm has a market cap of $48.52 billion and a P/E ratio of 81.61.

Read Our Latest Research Report on HONA

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.

Shares of JOBY traded down $0.04 during trading hours on Thursday, hitting $5.01. The company had a trading volume of 24,204,175 shares, compared to its average volume of 30,118,068. Joby Aviation has a 52-week low of $4.43 and a 52-week high of $17.10. The firm has a fifty day moving average price of $5.79 and a 200-day moving average price of $8.54. The company has a debt-to-equity ratio of 0.40, a quick ratio of 17.98 and a current ratio of 17.98. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of -5.04 and a beta of 2.84.

Read Our Latest Research Report on JOBY

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 down $2.28 during mid-day trading on Thursday, reaching $44.14. 1,625,891 shares of the company's stock traded hands, compared to its average volume of 7,380,915. The company has a quick ratio of 0.40, a current ratio of 0.47 and a debt-to-equity ratio of 0.51. Southwest Airlines has a 12-month low of $30.84 and a 12-month high of $55.11. The company has a market cap of $21.61 billion, a price-to-earnings ratio of 21.15, a PEG ratio of 0.63 and a beta of 1.23. The stock has a 50 day moving average of $40.99 and a two-hundred day moving average of $43.52.

Read Our Latest Research Report on LUV

Ryanair (RYAAY)

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.

NASDAQ RYAAY traded down $1.66 during trading on Thursday, reaching $57.39. 1,027,307 shares of the company's stock traded hands, compared to its average volume of 1,524,759. The company's 50 day simple moving average is $54.19 and its two-hundred day simple moving average is $59.67. Ryanair has a 12-month low of $51.02 and a 12-month high of $74.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.17 and a quick ratio of 0.79. The firm has a market cap of $29.72 billion, a price-to-earnings ratio of 14.55, a price-to-earnings-growth ratio of 4.84 and a beta of 1.22.

Read Our Latest Research Report on RYAAY

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