Airline Stocks Worth Watching – April 15th

American Airlines Group, RTX, United Airlines, TransDigm Group, Delta Air Lines, Zscaler, and Southwest Airlines are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares that represent ownership in companies operating within the airline industry, including carriers that provide domestic, regional, and international air transportation services. Their performance is influenced by factors such as fuel costs, regulatory environments, economic conditions, and changes in travel demand, making them sensitive to market fluctuations and industry-specific challenges. 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 $0.30 during trading hours on Tuesday, reaching $9.88. 29,914,363 shares of the company’s stock traded hands, compared to its average volume of 37,623,449. The firm has a 50-day simple moving average of $12.71 and a 200 day simple moving average of $14.37. American Airlines Group has a 52-week low of $8.50 and a 52-week high of $19.10. The firm has a market cap of $6.49 billion, a PE ratio of 8.66, a PEG ratio of 0.21 and a beta of 1.17.

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.

RTX traded up $0.22 during trading on Tuesday, hitting $129.36. 1,943,386 shares of the company’s stock traded hands, compared to its average volume of 5,485,467. RTX has a 12-month low of $99.07 and a 12-month high of $136.17. The company’s 50 day simple moving average is $128.56 and its two-hundred day simple moving average is $123.68. The stock has a market capitalization of $172.71 billion, a price-to-earnings ratio of 36.44, a PEG ratio of 2.11 and a beta of 0.58. The company has a current ratio of 0.99, a quick ratio of 0.74 and a debt-to-equity ratio of 0.63.

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 traded up $2.06 during trading hours on Tuesday, hitting $67.75. The company’s stock had a trading volume of 3,671,116 shares, compared to its average volume of 7,950,592. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. United Airlines has a 12 month low of $37.02 and a 12 month high of $116.00. The stock has a market cap of $22.18 billion, a price-to-earnings ratio of 7.18, a P/E/G ratio of 0.67 and a beta of 1.19. The business’s 50-day moving average price is $82.35 and its 200-day moving average price is $87.47.

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.

NYSE TDG traded up $24.98 on Tuesday, reaching $1,362.11. 105,166 shares of the stock traded hands, compared to its average volume of 250,543. The company has a fifty day moving average price of $1,336.02 and a 200-day moving average price of $1,322.97. The company has a market cap of $76.39 billion, a price-to-earnings ratio of 48.05, a PEG ratio of 2.76 and a beta of 1.08. TransDigm Group has a 12 month low of $1,176.31 and a 12 month high of $1,451.32.

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 $0.82 during trading hours on Tuesday, hitting $41.12. 3,480,681 shares of the stock were exchanged, compared to its average volume of 9,279,080. The company has a market cap of $26.58 billion, a PE ratio of 7.71, a PEG ratio of 0.75 and a beta of 1.23. Delta Air Lines has a 12 month low of $34.74 and a 12 month high of $69.98. 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 firm has a fifty day moving average price of $51.80 and a 200-day moving average price of $57.66.

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.

Zscaler stock traded up $4.29 during midday trading on Tuesday, hitting $203.73. 458,403 shares of the company were exchanged, compared to its average volume of 1,972,285. Zscaler has a fifty-two week low of $153.45 and a fifty-two week high of $217.84. The business has a fifty day simple moving average of $200.77 and a two-hundred day simple moving average of $195.68. The firm has a market capitalization of $31.52 billion, a PE ratio of -814.93 and a beta of 1.12.

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 $0.61 during mid-day trading on Tuesday, hitting $26.17. The stock had a trading volume of 3,029,509 shares, compared to its average volume of 9,839,895. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.85. The firm’s 50 day moving average is $30.33 and its 200 day moving average is $31.44. The stock has a market capitalization of $15.02 billion, a price-to-earnings ratio of 36.34, a PEG ratio of 0.97 and a beta of 0.94. Southwest Airlines has a twelve month low of $23.58 and a twelve month high of $36.12.