Contrasting Joby Aviation (JOBY) and The Competition

Joby Aviation (NYSE:JOBY) is one of 39 publicly-traded companies in the “TRANS – AIRLINE” industry, but how does it compare to its peers? We will compare Joby Aviation to related companies based on the strength of its earnings, risk, profitability, institutional ownership, dividends, valuation and analyst recommendations.

Volatility & Risk

Joby Aviation has a beta of 2.47, indicating that its share price is 147% more volatile than the S&P 500. Comparatively, Joby Aviation’s peers have a beta of 9.05, indicating that their average share price is 805% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Joby Aviation and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joby Aviation	1	2	3	0	2.33
Joby Aviation Competitors	771	2103	3153	200	2.45

Joby Aviation presently has a consensus target price of $9.33, suggesting a potential downside of 11.32%. As a group, “TRANS – AIRLINE” companies have a potential upside of 26.78%. Given Joby Aviation’s peers stronger consensus rating and higher probable upside, analysts plainly believe Joby Aviation has less favorable growth aspects than its peers.

Earnings and Valuation

This table compares Joby Aviation and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Joby Aviation	$140,000.00	-$608.03 million	-12.53
Joby Aviation Competitors	$14.09 billion	$574.24 million	1.39

Joby Aviation’s peers have higher revenue and earnings than Joby Aviation. Joby Aviation is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Joby Aviation and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joby Aviation	-447,083.78%	-63.27%	-50.38%
Joby Aviation Competitors	-16,555.38%	20.02%	2.45%

Insider & Institutional Ownership

52.9% of Joby Aviation shares are owned by institutional investors. Comparatively, 52.5% of shares of all “TRANS – AIRLINE” companies are owned by institutional investors. 28.5% of Joby Aviation shares are owned by company insiders. Comparatively, 9.0% of shares of all “TRANS – AIRLINE” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Joby Aviation peers beat Joby Aviation on 11 of the 13 factors compared.

Joby Aviation Company Profile

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.