Best Airline Stocks Worth Watching – July 28th

American Airlines Group, Joby Aviation, RTX, United Airlines, Delta Air Lines, Southwest Airlines, and Zscaler are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares of publicly traded companies that operate passenger and cargo air transportation services. Their market performance is influenced by factors such as fuel prices, passenger demand, regulatory changes and broader economic cycles. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

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 up $0.05 during mid-day trading on Monday, hitting $11.55. The company’s stock had a trading volume of 30,211,611 shares, compared to its average volume of 55,775,348. The firm’s 50 day moving average is $11.53 and its 200 day moving average is $12.55. The company has a market cap of $7.61 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 1.88 and a beta of 1.36. American Airlines Group has a 52-week low of $8.50 and a 52-week high of $19.10.

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 $0.57 during midday trading on Monday, hitting $17.53. 16,849,804 shares of the company traded hands, compared to its average volume of 19,591,035. The business has a 50 day simple moving average of $10.41 and a 200-day simple moving average of $8.13. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of -20.89 and a beta of 2.47. Joby Aviation has a twelve month low of $4.66 and a twelve month high of $18.55.

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 $0.86 during mid-day trading on Monday, reaching $156.02. The stock had a trading volume of 1,223,870 shares, compared to its average volume of 5,406,539. 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 firm has a market cap of $208.84 billion, a PE ratio of 34.29, a P/E/G ratio of 2.89 and a beta of 0.64. RTX has a one year low of $112.27 and a one year high of $157.33. The firm’s 50 day simple moving average is $143.48 and its 200 day simple moving average is $133.04.

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.

Shares of NASDAQ UAL traded up $1.86 during midday trading on Monday, hitting $92.97. The stock had a trading volume of 1,817,003 shares, compared to its average volume of 8,323,812. United Airlines has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.70 and a quick ratio of 0.65. The firm has a market cap of $30.10 billion, a P/E ratio of 9.27, a price-to-earnings-growth ratio of 1.18 and a beta of 1.42. The company’s 50-day simple moving average is $81.31 and its 200 day simple moving average is $83.51.

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.

NYSE:DAL traded up $0.60 on Monday, reaching $55.46. The company’s stock had a trading volume of 2,635,849 shares, compared to its average volume of 11,112,094. The firm has a market cap of $36.21 billion, a PE ratio of 8.04, a PEG ratio of 1.70 and a beta of 1.49. The business’s 50-day moving average price is $50.84 and its two-hundred day moving average price is $52.28. Delta Air Lines has a 1-year low of $34.74 and a 1-year high of $69.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.33 and a current ratio of 0.38.

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 NYSE:LUV traded down $0.54 during midday trading on Monday, reaching $32.67. The company had a trading volume of 4,153,138 shares, compared to its average volume of 12,002,689. The company has a quick ratio of 0.49, a current ratio of 0.56 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average price is $33.52 and its 200 day moving average price is $31.32. The stock has a market cap of $18.62 billion, a PE ratio of 49.51, a P/E/G ratio of 5.12 and a beta of 1.21. Southwest Airlines has a 1-year low of $23.58 and a 1-year high of $37.96.

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 $2.05 on Monday, hitting $288.24. The stock had a trading volume of 398,723 shares, compared to its average volume of 2,235,566. Zscaler has a twelve month low of $153.45 and a twelve month high of $318.46. The business’s 50 day moving average is $291.76 and its two-hundred day moving average is $235.46. The stock has a market cap of $44.88 billion, a price-to-earnings ratio of -1,108.57 and a beta of 1.11.