New Horizon Aircraft (NASDAQ:HOVR – Get Free Report) and Joby Aviation (NYSE:JOBY – Get Free Report) are both aerospace companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, profitability, dividends and risk.
Earnings & Valuation
This table compares New Horizon Aircraft and Joby Aviation’s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
New Horizon Aircraft | N/A | N/A | $8.61 million | N/A | N/A |
Joby Aviation | $1.03 million | 3,650.78 | -$513.05 million | ($0.81) | -6.60 |
New Horizon Aircraft has higher earnings, but lower revenue than Joby Aviation.
Insider & Institutional Ownership
Profitability
This table compares New Horizon Aircraft and Joby Aviation’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
New Horizon Aircraft | N/A | -29.17% | 3.03% |
Joby Aviation | N/A | -37.85% | -30.90% |
Analyst Ratings
This is a summary of current ratings for New Horizon Aircraft and Joby Aviation, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
New Horizon Aircraft | 0 | 0 | 0 | 0 | N/A |
Joby Aviation | 1 | 0 | 2 | 0 | 2.33 |
Joby Aviation has a consensus price target of $8.00, suggesting a potential upside of 49.53%. Given Joby Aviation’s higher possible upside, analysts plainly believe Joby Aviation is more favorable than New Horizon Aircraft.
About New Horizon Aircraft
New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
About Joby Aviation
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 Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
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