Best Airline Stocks To Add to Your Watchlist – July 17th

United Airlines, Joby Aviation, American Airlines Group, Delta Air Lines, RTX, Southwest Airlines, and Zscaler are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are equity shares of publicly traded companies that operate commercial air transportation services. They represent partial ownership in an airline’s assets and future earnings. Because airlines face high fixed costs, variable fuel prices and sensitivity to economic cycles, their stock prices often exhibit greater volatility than those of more diversified industries. 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.

NASDAQ:UAL traded up $2.00 during trading hours on Thursday, reaching $90.47. The stock had a trading volume of 14,069,084 shares, compared to its average volume of 8,381,553. The stock has a market cap of $29.55 billion, a P/E ratio of 8.25, a price-to-earnings-growth ratio of 1.45 and a beta of 1.42. The stock has a 50 day simple moving average of $79.58 and a 200 day simple moving average of $84.10. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.72 and a current ratio of 0.78. United Airlines has a 12-month low of $37.02 and a 12-month high of $116.00.

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 up $0.95 during mid-day trading on Thursday, hitting $17.28. The stock had a trading volume of 45,473,893 shares, compared to its average volume of 15,885,723. The firm has a market cap of $13.68 billion, a P/E ratio of -20.72 and a beta of 2.47. The business has a fifty day moving average price of $8.96 and a 200-day moving average price of $7.74. Joby Aviation has a 52 week low of $4.66 and a 52 week high of $17.85.

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.

Shares of AAL traded up $0.18 during mid-day trading on Thursday, hitting $12.45. The stock had a trading volume of 46,405,880 shares, compared to its average volume of 44,296,260. The firm has a market cap of $8.21 billion, a P/E ratio of 13.83, a PEG ratio of 1.80 and a beta of 1.36. The business has a fifty day moving average price of $11.45 and a 200-day moving average price of $12.87. American Airlines Group has a 52 week low of $8.50 and a 52 week high of $19.10.

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 DAL traded up $0.36 during mid-day trading on Thursday, hitting $55.92. The stock had a trading volume of 5,812,840 shares, compared to its average volume of 9,874,564. The firm has a market cap of $36.51 billion, a P/E ratio of 8.10, a PEG ratio of 1.73 and a beta of 1.49. The business has a fifty day moving average price of $50.11 and a 200-day moving average price of $52.62. Delta Air Lines has a 52 week low of $34.74 and a 52 week high of $69.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.38 and a quick ratio of 0.33.

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 RTX stock traded up $1.02 during trading hours on Thursday, reaching $151.19. The company had a trading volume of 1,309,213 shares, compared to its average volume of 5,264,065. RTX has a one year low of $102.62 and a one year high of $151.83. The business has a fifty day simple moving average of $140.44 and a 200 day simple moving average of $130.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.01 and a quick ratio of 0.75. The firm has a market cap of $201.98 billion, a PE ratio of 44.32, a price-to-earnings-growth ratio of 2.76 and a beta of 0.64.

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 Southwest Airlines stock traded down $0.76 during trading hours on Thursday, reaching $36.65. The company had a trading volume of 5,245,784 shares, compared to its average volume of 11,763,403. Southwest Airlines has a one year low of $23.58 and a one year high of $37.96. The business has a fifty day simple moving average of $32.92 and a 200 day simple moving average of $31.23. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.77 and a quick ratio of 0.72. The firm has a market cap of $20.89 billion, a PE ratio of 43.12, a price-to-earnings-growth ratio of 5.63 and a beta of 1.21.

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 Zscaler stock traded up $0.75 during trading hours on Thursday, reaching $288.51. The company had a trading volume of 352,296 shares, compared to its average volume of 2,279,099. Zscaler has a one year low of $153.45 and a one year high of $318.46. The business has a fifty day simple moving average of $285.59 and a 200 day simple moving average of $229.84. The firm has a market cap of $44.92 billion, a PE ratio of -1,109.71 and a beta of 1.11.