Airline Stocks To Consider – April 24th

American Airlines Group, Alaska Air Group, United Airlines, Zscaler, Southwest Airlines, Delta Air Lines, and RTX are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares of publicly traded companies whose primary business is providing air transportation for passengers and cargo. Their prices tend to be influenced by factors such as fuel costs, economic cycles, travel demand, regulatory changes, and geopolitical events. Investors often view them as cyclical and sensitive to external shocks, making thorough industry and macroeconomic analysis essential before investing. 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.

NASDAQ AAL traded up $0.22 during trading on Thursday, hitting $9.54. 32,346,350 shares of the company traded hands, compared to its average volume of 38,498,492. American Airlines Group has a 12 month low of $8.50 and a 12 month high of $19.10. The business has a fifty day simple moving average of $11.72 and a 200 day simple moving average of $14.24. The company has a market capitalization of $6.27 billion, a P/E ratio of 8.36, a PEG ratio of 0.21 and a beta of 1.17.

Alaska Air Group (ALK)

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.

NYSE:ALK traded down $4.33 during trading hours on Thursday, hitting $41.79. 5,267,801 shares of the company traded hands, compared to its average volume of 2,603,455. The firm has a 50-day moving average of $55.46 and a 200 day moving average of $57.85. The company has a current ratio of 0.61, a quick ratio of 0.58 and a debt-to-equity ratio of 1.04. Alaska Air Group has a twelve month low of $32.62 and a twelve month high of $78.08. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of 13.76, a P/E/G ratio of 0.43 and a beta of 1.37.

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.

NASDAQ:UAL traded up $0.50 during mid-day trading on Thursday, hitting $68.53. The company’s stock had a trading volume of 3,076,923 shares, compared to its average volume of 7,548,466. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The company has a market capitalization of $22.46 billion, a price-to-earnings ratio of 7.26, a P/E/G ratio of 0.67 and a beta of 1.19. United Airlines has a fifty-two week low of $37.02 and a fifty-two week high of $116.00. The stock has a fifty day moving average of $76.95 and a 200-day moving average of $87.53.

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 up $9.36 during midday trading on Thursday, hitting $209.95. The company had a trading volume of 873,777 shares, compared to its average volume of 1,973,802. The company has a market capitalization of $32.48 billion, a PE ratio of -839.66 and a beta of 1.12. Zscaler has a twelve month low of $153.45 and a twelve month high of $217.84. The firm’s 50-day simple moving average is $199.38 and its 200-day simple moving average is $196.76.

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.

NYSE LUV traded up $0.11 during trading on Thursday, reaching $25.63. 6,799,140 shares of the stock traded hands, compared to its average volume of 9,967,131. The firm has a market cap of $14.71 billion, a price-to-earnings ratio of 35.62, a price-to-earnings-growth ratio of 0.97 and a beta of 0.94. The company has a quick ratio of 0.85, a current ratio of 0.92 and a debt-to-equity ratio of 0.49. The stock’s 50-day moving average price is $29.58 and its 200 day moving average price is $31.17. Southwest Airlines has a fifty-two week low of $23.58 and a fifty-two week high of $36.12.

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.

Shares of NYSE:DAL traded up $0.37 during mid-day trading on Thursday, reaching $41.77. 3,693,813 shares of the stock were exchanged, compared to its average volume of 9,248,402. The stock’s 50 day simple moving average is $48.23 and its 200-day simple moving average is $57.13. The company has a quick ratio of 0.32, a current ratio of 0.37 and a debt-to-equity ratio of 0.92. The company has a market cap of $27.27 billion, a P/E ratio of 7.84, a P/E/G ratio of 0.75 and a beta of 1.23. Delta Air Lines has a one year low of $34.74 and a one year high of $69.98.

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 up $0.29 during trading on Thursday, hitting $120.57. 1,126,649 shares of the stock were exchanged, compared to its average volume of 5,496,426. RTX has a 1-year low of $99.07 and a 1-year high of $136.17. The stock has a market capitalization of $160.98 billion, a price-to-earnings ratio of 33.96, a price-to-earnings-growth ratio of 2.11 and a beta of 0.58. The company has a fifty day moving average price of $128.29 and a 200-day moving average price of $123.75. The company has a current ratio of 0.99, a quick ratio of 0.74 and a debt-to-equity ratio of 0.63.