Global Crossing Airlines Group (OTCMKTS:JETMF) & Joby Aviation (NYSE:JOBY) Head-To-Head Survey

Global Crossing Airlines Group (OTCMKTS:JETMF) and Joby Aviation (NYSE:JOBY) are both transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, analyst recommendations, profitability and institutional ownership.

Institutional & Insider Ownership

18.5% of Global Crossing Airlines Group shares are held by institutional investors. Comparatively, 52.9% of Joby Aviation shares are held by institutional investors. 31.7% of Global Crossing Airlines Group shares are held by insiders. Comparatively, 32.4% of Joby Aviation shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Global Crossing Airlines Group and Joby Aviation’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Global Crossing Airlines Group	-1.96%	N/A	-2.07%
Joby Aviation	N/A	-71.29%	-54.53%

Volatility and Risk

Global Crossing Airlines Group has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500. Comparatively, Joby Aviation has a beta of 2.52, indicating that its share price is 152% more volatile than the S&P 500.

Earnings & Valuation

This table compares Global Crossing Airlines Group and Joby Aviation”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Global Crossing Airlines Group	$223.75 million	0.23	-$11.47 million	($0.08)	-9.81
Joby Aviation	$140,000.00	106,092.61	-$608.03 million	($1.07)	-16.22

Global Crossing Airlines Group has higher revenue and earnings than Joby Aviation. Joby Aviation is trading at a lower price-to-earnings ratio than Global Crossing Airlines Group, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings and price targets for Global Crossing Airlines Group and Joby Aviation, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Global Crossing Airlines Group	0	0	0	0	0.00
Joby Aviation	3	4	1	0	1.75

Joby Aviation has a consensus target price of $12.00, indicating a potential downside of 30.84%. Given Joby Aviation’s stronger consensus rating and higher probable upside, analysts plainly believe Joby Aviation is more favorable than Global Crossing Airlines Group.

Summary

Joby Aviation beats Global Crossing Airlines Group on 8 of the 14 factors compared between the two stocks.

About Global Crossing Airlines Group

Global Crossing Airlines Group Inc. operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services. The company also leases office space; operates its ticket counters; and maintains a maintenance office for its maintenance staff and for storage of aircraft records, spare parts, and consumables. As of December 31, 2023, its fleet consisted of eleven passenger aircraft and three cargo aircraft. Global Crossing Airlines Group Inc. is based in Miami, Florida.

About Joby Aviation

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 Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.