Best Airline Stocks Worth Watching – January 30th

American Airlines Group, Southwest Airlines, United Airlines, RTX, Delta Air Lines, Despegar.com, and Zscaler are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares of ownership in publicly-traded companies that operate airlines, transporting passengers and cargo via airplanes. The value of airline stocks can fluctuate based on factors such as fuel prices, demand for air travel, competition, and overall economic conditions. Investors may buy and sell airline stocks to potentially profit from changes in the airline industry. 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 down $0.33 on Thursday, hitting $17.01. 20,930,217 shares of the stock traded hands, compared to its average volume of 32,715,104. The business’s fifty day simple moving average is $16.88 and its 200 day simple moving average is $13.38. American Airlines Group has a 1 year low of $9.07 and a 1 year high of $19.10. The firm has a market cap of $11.17 billion, a P/E ratio of 51.59, a price-to-earnings-growth ratio of 0.97 and a beta of 1.35.

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.

Southwest Airlines stock traded up $0.01 during mid-day trading on Thursday, reaching $31.66. The stock had a trading volume of 7,193,318 shares, compared to its average volume of 7,841,931. The company has a 50-day moving average price of $33.01 and a two-hundred day moving average price of $30.40. Southwest Airlines has a one year low of $23.58 and a one year high of $36.12. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.88 and a quick ratio of 0.83. The company has a market capitalization of $18.99 billion, a price-to-earnings ratio of -452.20, a PEG ratio of 3.30 and a beta of 1.14.

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 down $0.15 during trading hours on Thursday, hitting $108.12. The company’s stock had a trading volume of 1,436,513 shares, compared to its average volume of 6,804,859. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.72. The company has a market cap of $35.56 billion, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 0.77 and a beta of 1.44. The company’s 50 day simple moving average is $100.23 and its two-hundred day simple moving average is $72.59. United Airlines has a 12 month low of $37.02 and a 12 month high of $116.00.

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 $2.56 on Thursday, reaching $127.69. The stock had a trading volume of 1,021,772 shares, compared to its average volume of 4,463,786. The stock has a market cap of $169.96 billion, a P/E ratio of 36.47, a price-to-earnings-growth ratio of 1.99 and a beta of 0.81. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 0.99. RTX has a 1 year low of $88.90 and a 1 year high of $132.43. The company has a 50 day simple moving average of $118.79 and a 200 day simple moving average of $118.93.

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 $0.25 during trading on Thursday, hitting $68.68. The company’s stock had a trading volume of 1,603,405 shares, compared to its average volume of 8,733,451. The company has a 50-day moving average of $63.41 and a 200-day moving average of $53.70. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.37 and a quick ratio of 0.32. The firm has a market cap of $44.32 billion, a price-to-earnings ratio of 12.88, a P/E/G ratio of 0.79 and a beta of 1.35. Delta Air Lines has a 12 month low of $37.29 and a 12 month high of $69.98.

Despegar.com (DESP)

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business.

Shares of Despegar.com stock traded down $0.05 on Thursday, hitting $19.18. 3,472,915 shares of the company’s stock were exchanged, compared to its average volume of 2,428,142. Despegar.com has a 1 year low of $8.06 and a 1 year high of $19.55. The company has a 50-day simple moving average of $18.28 and a 200-day simple moving average of $14.75.

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.

NASDAQ:ZS traded up $0.81 during mid-day trading on Thursday, hitting $202.44. 303,218 shares of the company traded hands, compared to its average volume of 1,466,157. The stock’s fifty day moving average price is $194.83 and its 200-day moving average price is $187.81. Zscaler has a one year low of $153.45 and a one year high of $259.61. The firm has a market cap of $31.06 billion, a price-to-earnings ratio of -808.15 and a beta of 0.87.