Boeing (NYSE:BA – Get Free Report) and New Horizon Aircraft (NASDAQ:HOVR – Get Free Report) are both aerospace companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, risk, profitability and valuation.
Institutional and Insider Ownership
64.8% of Boeing shares are owned by institutional investors. Comparatively, 66.0% of New Horizon Aircraft shares are owned by institutional investors. 0.2% of Boeing shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Valuation and Earnings
This table compares Boeing and New Horizon Aircraft’s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Boeing | $77.79 billion | 1.32 | -$2.22 billion | ($3.55) | -47.10 |
New Horizon Aircraft | N/A | N/A | $8.61 million | N/A | N/A |
Analyst Ratings
This is a breakdown of current ratings and target prices for Boeing and New Horizon Aircraft, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Boeing | 1 | 7 | 13 | 0 | 2.57 |
New Horizon Aircraft | 0 | 0 | 0 | 0 | N/A |
Boeing presently has a consensus price target of $222.41, suggesting a potential upside of 33.01%. Given Boeing’s higher possible upside, equities research analysts clearly believe Boeing is more favorable than New Horizon Aircraft.
Profitability
This table compares Boeing and New Horizon Aircraft’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Boeing | -2.81% | N/A | -2.55% |
New Horizon Aircraft | N/A | -29.17% | 3.03% |
Summary
Boeing beats New Horizon Aircraft on 5 of the 9 factors compared between the two stocks.
About Boeing
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements, as well as provides fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Company was incorporated in 1916 and is based in Arlington, Virginia.
About New Horizon Aircraft
New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
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