Promising Airline Stocks To Watch Now - July 24th

American Airlines Group, Southwest Airlines, United Airlines, RTX, and Joby Aviation 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 air transportation services. Investing in these stocks gives shareholders partial ownership in airlines, whose performance is influenced by factors like fuel costs, regulatory changes, and travel demand. Because the industry is sensitive to economic cycles and external events, airline stocks can be more volatile compared to stocks in other sectors. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

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 $1.07 during midday trading on Thursday, reaching $11.61. 71,685,519 shares of the stock traded hands, compared to its average volume of 55,541,469. The firm has a fifty day moving average price of $11.54 and a two-hundred day moving average price of $12.71. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 1.85 and a beta of 1.36. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10.

Read Our Latest Research Report on AAL

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 down $4.44 during trading on Thursday, reaching $33.00. The company had a trading volume of 21,740,212 shares, compared to its average volume of 11,861,109. Southwest Airlines has a twelve month low of $23.58 and a twelve month high of $37.96. The firm has a market capitalization of $18.81 billion, a PE ratio of 38.95, a price-to-earnings-growth ratio of 5.64 and a beta of 1.21. The firm's fifty day moving average is $33.48 and its 200 day moving average is $31.34. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.72 and a current ratio of 0.77.

Read Our Latest Research Report on LUV

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 UAL stock traded up $0.28 during trading hours on Thursday, reaching $90.71. 3,812,169 shares of the stock traded hands, compared to its average volume of 8,367,252. The firm has a market capitalization of $29.36 billion, a PE ratio of 9.11, a PEG ratio of 1.51 and a beta of 1.42. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 1.56. The business has a fifty day moving average price of $80.78 and a 200 day moving average price of $83.92. United Airlines has a 1-year low of $37.02 and a 1-year high of $116.00.

Read Our Latest Research Report on UAL

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.

RTX stock traded down $0.50 during trading hours on Thursday, hitting $155.99. The company had a trading volume of 1,772,979 shares, compared to its average volume of 5,418,280. The firm's fifty day moving average is $142.15 and its 200-day moving average is $132.07. RTX has a fifty-two week low of $109.45 and a fifty-two week high of $157.24. The firm has a market capitalization of $208.40 billion, a P/E ratio of 34.24, a price-to-earnings-growth ratio of 2.79 and a beta of 0.64. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.01 and a quick ratio of 0.75.

Read Our Latest Research Report on RTX

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 NYSE JOBY traded down $0.07 during trading hours on Thursday, hitting $17.53. 14,762,214 shares of the stock were exchanged, compared to its average volume of 19,375,408. The company's 50 day moving average is $9.99 and its 200 day moving average is $8.05. The firm has a market capitalization of $13.88 billion, a P/E ratio of -20.84 and a beta of 2.47. Joby Aviation has a one year low of $4.66 and a one year high of $18.55.

Read Our Latest Research Report on JOBY

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