Promising Airline Stocks To Add to Your Watchlist – March 28th

American Airlines Group, Delta Air Lines, and United Airlines are the three Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are equity shares issued by companies in the aviation industry, representing partial ownership in those firms. These stocks are publicly traded and their values fluctuate based on factors such as fuel prices, demand for air travel, economic conditions, and industry-specific risks. Investors in airline stocks may earn returns through dividends and share price appreciation, but they are also exposed to the cyclical nature and unique challenges of the airline business. 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 down $0.27 on Friday, reaching $10.88. The stock had a trading volume of 25,119,273 shares, compared to its average volume of 35,184,172. The stock has a market cap of $7.15 billion, a P/E ratio of 9.52, a price-to-earnings-growth ratio of 0.21 and a beta of 1.27. The company has a 50-day moving average of $14.78 and a 200 day moving average of $14.45. American Airlines Group has a 12-month low of $9.07 and a 12-month high of $19.10.

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 down $1.88 during midday trading on Friday, hitting $44.27. The company’s stock had a trading volume of 5,312,129 shares, compared to its average volume of 8,849,595. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.32 and a current ratio of 0.37. Delta Air Lines has a 1-year low of $37.29 and a 1-year high of $69.98. The firm’s fifty day moving average price is $59.38 and its 200-day moving average price is $58.18. The firm has a market cap of $28.62 billion, a P/E ratio of 8.29, a P/E/G ratio of 0.75 and a beta of 1.34.

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.

United Airlines stock traded down $2.59 during mid-day trading on Friday, hitting $70.94. 3,104,350 shares of the company’s stock traded hands, compared to its average volume of 7,640,686. United Airlines has a one year low of $37.02 and a one year high of $116.00. The company has a market cap of $23.22 billion, a PE ratio of 7.51, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The firm has a 50 day moving average price of $94.27 and a 200 day moving average price of $86.03. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 1.99.