Promising Airline Stocks To Follow Today - June 10th

RTX, American Airlines Group, Zscaler, United Airlines, TransDigm Group, Southwest Airlines, and Delta Air Lines are the seven Airline stocks to watch today, according to MarketBeat's stock screener tool. Airline stocks are shares of ownership in publicly traded airline companies, giving investors a stake in the financial performance of carriers that transport passengers and cargo by air. Their prices are heavily influenced by factors such as fuel costs, labor expenses, regulatory changes, travel demand and geopolitical or health-related disruptions. Because the airline business is capital-intensive and cyclical, these stocks tend to exhibit higher volatility compared with many other sectors. 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 NYSE:RTX traded down $1.59 during trading on Tuesday, reaching $139.39. 1,719,537 shares of the company's stock traded hands, compared to its average volume of 5,357,234. The stock has a market capitalization of $186.21 billion, a P/E ratio of 39.22, a price-to-earnings-growth ratio of 2.11 and a beta of 0.63. RTX has a 12 month low of $99.07 and a 12 month high of $141.33. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.99 and a quick ratio of 0.74. The company has a 50 day moving average of $129.78 and a 200-day moving average of $125.98.

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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.

American Airlines Group stock traded down $0.02 during mid-day trading on Tuesday, hitting $11.75. The company's stock had a trading volume of 18,509,919 shares, compared to its average volume of 41,336,725. The stock's fifty day moving average price is $10.60 and its two-hundred day moving average price is $13.76. The stock has a market capitalization of $7.75 billion, a P/E ratio of 10.31, a P/E/G ratio of 0.21 and a beta of 1.39. American Airlines Group has a twelve month low of $8.50 and a twelve month high of $19.10.

Read Our Latest Research Report on AAL

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 NASDAQ:ZS traded down $1.42 during midday trading on Tuesday, hitting $298.49. 515,496 shares of the stock were exchanged, compared to its average volume of 2,289,862. Zscaler has a 52-week low of $153.45 and a 52-week high of $306.77. The business's fifty day simple moving average is $231.71 and its two-hundred day simple moving average is $210.23. The company has a market capitalization of $46.47 billion, a PE ratio of -1,195.04 and a beta of 1.09.

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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 $0.69 during mid-day trading on Tuesday, reaching $82.78. 1,703,022 shares of the company traded hands, compared to its average volume of 7,567,726. The company's fifty day moving average is $72.26 and its two-hundred day moving average is $87.16. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The stock has a market cap of $27.04 billion, a PE ratio of 8.79, a price-to-earnings-growth ratio of 0.67 and a beta of 1.45.

Read Our Latest Research Report on UAL

TransDigm Group (TDG)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

NYSE:TDG traded down $31.06 during mid-day trading on Tuesday, hitting $1,429.01. 86,408 shares of the company's stock traded hands, compared to its average volume of 261,308. The firm has a 50 day moving average of $1,385.12 and a two-hundred day moving average of $1,339.52. The firm has a market capitalization of $80.26 billion, a price-to-earnings ratio of 50.41, a price-to-earnings-growth ratio of 2.76 and a beta of 1.05. TransDigm Group has a 12 month low of $1,176.31 and a 12 month high of $1,488.54.

Read Our Latest Research Report on TDG

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 $0.71 during trading hours on Tuesday, reaching $34.28. The stock had a trading volume of 3,272,480 shares, compared to its average volume of 10,210,163. Southwest Airlines has a twelve month low of $23.58 and a twelve month high of $36.12. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.85. The business's fifty day moving average is $29.27 and its two-hundred day moving average is $31.16. The company has a market cap of $19.53 billion, a price-to-earnings ratio of 47.60, a PEG ratio of 0.97 and a beta of 1.23.

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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 down $0.14 during trading on Tuesday, reaching $51.06. The stock had a trading volume of 1,622,604 shares, compared to its average volume of 9,598,440. The business's 50-day moving average price is $44.99 and its 200 day moving average price is $54.75. Delta Air Lines has a 52 week low of $34.74 and a 52 week high of $69.98. The stock has a market capitalization of $33.34 billion, a PE ratio of 9.58, a P/E/G ratio of 0.75 and a beta of 1.51. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.37 and a quick ratio of 0.32.

Read Our Latest Research Report on DAL