Promising Airline Stocks To Research – August 7th

Joby Aviation, Zscaler, RTX, American Airlines Group, and Transdigm Group are the five Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares of ownership in publicly traded companies that operate passenger or cargo air transportation services. Holding these shares gives investors a claim on the airline’s assets, earnings and any dividends it may distribute. Their performance is highly sensitive to factors such as fuel prices, economic cycles, regulatory changes and fluctuations in travel demand. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

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 down $2.00 during mid-day trading on Thursday, hitting $16.94. 30,117,409 shares of the company’s stock were exchanged, compared to its average volume of 20,759,199. The company has a market cap of $13.41 billion, a price-to-earnings ratio of -20.16 and a beta of 2.52. The stock’s 50-day moving average is $11.96 and its 200-day moving average is $8.60. Joby Aviation has a fifty-two week low of $4.70 and a fifty-two week high of $20.95.

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.

ZS traded down $19.82 on Thursday, hitting $269.50. 1,542,385 shares of the company were exchanged, compared to its average volume of 2,212,962. Zscaler has a twelve month low of $153.45 and a twelve month high of $318.46. The firm has a 50-day moving average price of $297.05 and a two-hundred day moving average price of $240.24. The company has a market cap of $41.96 billion, a price-to-earnings ratio of -1,034.19, a price-to-earnings-growth ratio of 252.79 and a beta of 1.06.

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 traded down $1.49 during midday trading on Thursday, reaching $154.26. The stock had a trading volume of 1,979,027 shares, compared to its average volume of 5,354,016. 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 company’s fifty day simple moving average is $147.09 and its two-hundred day simple moving average is $134.95. The company has a market cap of $206.48 billion, a price-to-earnings ratio of 33.84, a PEG ratio of 2.88 and a beta of 0.69. RTX has a 1-year low of $112.27 and a 1-year high of $158.79.

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 $0.13 during midday trading on Thursday, reaching $11.61. The company’s stock had a trading volume of 25,803,142 shares, compared to its average volume of 56,563,090. The company has a market cap of $7.66 billion, a P/E ratio of 14.55, a P/E/G ratio of 2.64 and a beta of 1.43. The business has a 50-day simple moving average of $11.53 and a 200-day simple moving average of $12.26. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10.

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 up $1.56 during midday trading on Thursday, hitting $1,402.78. 195,468 shares of the company were exchanged, compared to its average volume of 284,455. The company has a market capitalization of $78.79 billion, a PE ratio of 46.54, a price-to-earnings-growth ratio of 2.86 and a beta of 1.07. Transdigm Group has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The company has a fifty day simple moving average of $1,509.60 and a 200 day simple moving average of $1,409.75.