Promising Airline Stocks To Watch Now – March 12th

American Airlines Group, United Airlines, Delta Air Lines, Southwest Airlines, Expedia Group, TransDigm Group, and Zscaler are the seven Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares representing ownership in companies that operate aircraft for passenger and cargo transportation. Investors in these stocks gain exposure to the performance of the airline industry, which can be affected by factors such as fuel prices, economic conditions, and overall travel demand. 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.

Shares of AAL traded down $0.47 during midday trading on Wednesday, reaching $10.99. 42,281,861 shares of the company were exchanged, compared to its average volume of 40,289,449. The stock has a 50-day moving average price of $16.33 and a 200-day moving average price of $14.44. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 9.64, a P/E/G ratio of 0.21 and a beta of 1.27. American Airlines Group has a 1-year low of $9.07 and a 1-year high of $19.10.

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 stock traded down $4.56 during mid-day trading on Wednesday, hitting $71.50. 6,352,952 shares of the company were exchanged, compared to its average volume of 7,627,257. 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 twelve month low of $37.02 and a twelve month high of $116.00. The firm has a fifty day simple moving average of $100.88 and a 200 day simple moving average of $84.01. The company has a market capitalization of $23.41 billion, a PE ratio of 7.60, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41.

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.

Delta Air Lines stock traded down $1.67 during midday trading on Wednesday, hitting $45.01. The stock had a trading volume of 7,759,292 shares, compared to its average volume of 8,669,204. The business has a fifty day moving average price of $63.19 and a 200 day moving average price of $57.99. Delta Air Lines has a 12 month low of $37.29 and a 12 month high of $69.98. The stock has a market cap of $29.10 billion, a P/E ratio of 8.46, a P/E/G ratio of 0.75 and a beta of 1.34. The company has a current ratio of 0.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.92.

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 $0.39 during trading on Wednesday, reaching $29.96. The stock had a trading volume of 8,353,601 shares, compared to its average volume of 9,028,376. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.85 and a current ratio of 0.92. The stock has a market cap of $17.75 billion, a PE ratio of 41.64, a P/E/G ratio of 0.97 and a beta of 1.10. Southwest Airlines has a one year low of $23.58 and a one year high of $36.12. The firm’s 50 day moving average price is $31.28 and its two-hundred day moving average price is $31.19.

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Shares of Expedia Group stock traded down $1.65 during trading hours on Wednesday, reaching $162.10. The company’s stock had a trading volume of 1,130,897 shares, compared to its average volume of 1,889,908. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $20.89 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. Expedia Group has a one year low of $107.25 and a one year high of $207.73. The company’s 50 day simple moving average is $186.44 and its 200 day simple moving average is $171.45.

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.

Shares of NYSE:TDG traded down $0.54 on Wednesday, hitting $1,319.33. The company’s stock had a trading volume of 114,276 shares, compared to its average volume of 255,277. The stock’s 50-day moving average is $1,322.16 and its two-hundred day moving average is $1,327.00. TransDigm Group has a 12 month low of $1,163.82 and a 12 month high of $1,451.32. The company has a market capitalization of $73.99 billion, a price-to-earnings ratio of 46.58, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38.

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 NASDAQ ZS traded down $1.04 during mid-day trading on Wednesday, hitting $198.32. The company had a trading volume of 613,719 shares, compared to its average volume of 1,866,336. Zscaler has a 12 month low of $153.45 and a 12 month high of $217.84. The firm has a market cap of $30.43 billion, a P/E ratio of -793.98 and a beta of 0.88. The business’s 50-day simple moving average is $197.39 and its 200-day simple moving average is $191.62.