Top Airline Stocks To Follow Today – August 16th

RTX, Transdigm Group, American Airlines Group, United Airlines, 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 whose primary business is operating commercial air transportation. By purchasing these stocks, investors acquire partial ownership in airlines and participate in their financial performance, including revenues from passenger fares, cargo services, and ancillary fees. Like other equities, airline stocks’ values fluctuate based on factors such as fuel costs, passenger demand, economic cycles, and regulatory developments. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

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 down $1.04 during trading on Friday, hitting $154.04. 4,593,662 shares of the stock traded hands, compared to its average volume of 4,988,229. The company has a quick ratio of 0.75, a current ratio of 1.01 and a debt-to-equity ratio of 0.60. The stock has a market cap of $206.19 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 2.86 and a beta of 0.69. The firm’s fifty day moving average is $149.54 and its 200-day moving average is $136.40. RTX has a 52 week low of $112.27 and a 52 week high of $158.79.

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.

Shares of Transdigm Group stock traded down $24.13 during trading on Friday, hitting $1,388.60. 496,373 shares of the stock traded hands, compared to its average volume of 356,001. The stock has a market cap of $78.25 billion, a price-to-earnings ratio of 46.09, a PEG ratio of 2.92 and a beta of 1.07. The firm’s fifty day moving average is $1,503.15 and its 200-day moving average is $1,412.93. Transdigm Group has a 52 week low of $1,183.60 and a 52 week high of $1,623.82.

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.

AAL stock traded up $0.35 during trading on Friday, hitting $13.17. 49,587,886 shares of the company traded hands, compared to its average volume of 69,075,064. The firm has a market capitalization of $8.69 billion, a PE ratio of 16.46, a P/E/G ratio of 2.92 and a beta of 1.43. American Airlines Group has a 1 year low of $8.50 and a 1 year high of $19.10. The company has a 50-day moving average of $11.67 and a 200-day moving average of $12.01.

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.

UAL stock traded up $1.79 during trading on Friday, hitting $100.93. 6,340,378 shares of the company traded hands, compared to its average volume of 5,702,525. The firm has a market capitalization of $32.67 billion, a PE ratio of 10.11, a P/E/G ratio of 1.28 and a beta of 1.48. United Airlines has a 1 year low of $40.96 and a 1 year high of $116.00. The company has a 50-day moving average of $85.29 and a 200-day moving average of $82.29. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70.

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 down $0.79 during trading on Friday, hitting $16.58. 37,017,421 shares of the company traded hands, compared to its average volume of 36,805,464. Joby Aviation has a 1 year low of $4.70 and a 1 year high of $20.95. The company has a 50-day moving average of $13.46 and a 200-day moving average of $9.09. The firm has a market capitalization of $13.13 billion, a PE ratio of -15.50 and a beta of 2.52.