Best Airline Stocks Worth Watching – November 8th

by · The Markets Daily

American Airlines Group, United Airlines, Delta Air Lines, Honeywell Aerospace, Southwest Airlines, Joby Aviation, and Alaska Air Group are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares of publicly traded companies that provide passenger or cargo air travel. Their prices can be influenced by factors such as fuel costs, travel demand, competition, economic conditions, and disruptions to air service. 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.

NASDAQ:AAL traded up $0.25 during trading hours on Friday, reaching $13.18. The company’s stock had a trading volume of 52,423,853 shares, compared to its average volume of 63,450,752. The stock has a 50 day moving average price of $12.88 and a two-hundred day moving average price of $13.51. The company has a market capitalization of $8.73 billion, a P/E ratio of -18.05 and a beta of 1.45. American Airlines Group has a 12 month low of $10.09 and a 12 month high of $18.79.

Read Our Latest Research Report on AAL

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 up $2.25 on Friday, reaching $112.74. The company had a trading volume of 5,081,692 shares, compared to its average volume of 5,405,718. 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 firm has a market capitalization of $36.63 billion, a PE ratio of 10.31, a PEG ratio of 1.44 and a beta of 1.38. United Airlines has a 52-week low of $84.64 and a 52-week high of $138.77. The firm’s 50 day simple moving average is $107.33 and its 200-day simple moving average is $108.23.

Read Our Latest Research Report on UAL

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 stock traded up $2.00 during trading on Friday, reaching $87.36. 6,120,664 shares of the company traded hands, compared to its average volume of 6,979,010. The business has a 50 day simple moving average of $80.80 and a 200 day simple moving average of $77.12. Delta Air Lines has a 12 month low of $55.27 and a 12 month high of $95.68. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.40. The company has a market capitalization of $57.48 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 1.56 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 Honeywell Aerospace stock traded up $3.33 on Friday, reaching $152.92. The stock had a trading volume of 2,610,503 shares, compared to its average volume of 3,426,422. The firm’s 50 day moving average price is $159.26. The stock has a market cap of $48.48 billion and a PE ratio of 81.78. Honeywell Aerospace has a 1 year low of $147.40 and a 1 year 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.

Shares of LUV traded up $0.02 during midday trading on Friday, hitting $44.46. 6,105,473 shares of the company’s stock traded hands, compared to its average volume of 6,586,221. 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 stock has a market capitalization of $21.77 billion, a price-to-earnings ratio of 21.37, a price-to-earnings-growth ratio of 0.64 and a beta of 1.23. Southwest Airlines has a 1 year low of $30.84 and a 1 year high of $55.11. The firm’s fifty day moving average is $41.16 and its 200-day moving average is $43.54.

Read Our Latest Research Report on LUV

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 $0.64 on Friday, hitting $5.93. 32,597,603 shares of the company’s stock were exchanged, compared to its average volume of 21,505,844. Joby Aviation has a 12-month low of $4.43 and a 12-month high of $17.10. The firm has a 50 day moving average price of $5.73 and a two-hundred day moving average price of $8.44. 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 cap of $5.87 billion, a P/E ratio of -8.13 and a beta of 2.84.

Read Our Latest Research Report on JOBY

Alaska Air Group (ALK)

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.

NYSE:ALK traded up $0.33 during mid-day trading on Friday, hitting $39.03. 2,348,767 shares of the company’s stock traded hands, compared to its average volume of 4,479,759. The company has a fifty day moving average of $38.77 and a 200 day moving average of $43.87. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.42 and a current ratio of 0.46. Alaska Air Group has a twelve month low of $32.33 and a twelve month high of $60.63. The company has a market capitalization of $4.35 billion, a P/E ratio of -11.12 and a beta of 1.43.

Read Our Latest Research Report on ALK

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