Analyzing Joby Aviation (NYSE:JOBY) and New Horizon Aircraft (NASDAQ:HOVR)

Joby Aviation (NYSE:JOBY) and New Horizon Aircraft (NASDAQ:HOVR) are both transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, dividends, analyst recommendations, profitability, risk, institutional ownership and valuation.

Insider and Institutional Ownership

45.5% of Joby Aviation shares are held by institutional investors. Comparatively, 66.0% of New Horizon Aircraft shares are held by institutional investors. 49.5% of Joby Aviation shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Joby Aviation and New Horizon Aircraft’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joby Aviation	$1.03 million	3,333.47	-$513.05 million	($0.81)	-6.03
New Horizon Aircraft	N/A	N/A	$8.61 million	N/A	N/A

New Horizon Aircraft has lower revenue, but higher earnings than Joby Aviation.

Profitability

This table compares Joby Aviation and New Horizon Aircraft’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joby Aviation	N/A	-37.85%	-30.90%
New Horizon Aircraft	N/A	-137.31%	7.13%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Joby Aviation and New Horizon Aircraft, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joby Aviation	1	0	2	0	2.33
New Horizon Aircraft	0	0	0	0	N/A

Joby Aviation currently has a consensus target price of $8.00, indicating a potential upside of 63.77%. Given Joby Aviation’s higher probable upside, equities research analysts plainly believe Joby Aviation is more favorable than New Horizon Aircraft.

Summary

Joby Aviation beats New Horizon Aircraft on 5 of the 8 factors compared between the two stocks.

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.

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.