Frontier Group (NASDAQ:ULCC) versus Joby Aviation (NYSE:JOBY) Head to Head Comparison

Joby Aviation (NYSE:JOBY) and Frontier Group (NASDAQ:ULCC) are both industrials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, valuation, dividends, profitability and analyst recommendations.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Joby Aviation and Frontier Group, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joby Aviation	4	4	2	0	1.80
Frontier Group	3	6	0	0	1.67

Joby Aviation presently has a consensus target price of $12.39, indicating a potential upside of 147.04%. Frontier Group has a consensus target price of $6.29, indicating a potential upside of 13.97%. Given Joby Aviation’s stronger consensus rating and higher possible upside, analysts plainly believe Joby Aviation is more favorable than Frontier Group.

Earnings & Valuation

This table compares Joby Aviation and Frontier Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joby Aviation	$53.42 million	92.86	-$929.84 million	($0.99)	-5.07
Frontier Group	$3.72 billion	0.34	-$137.00 million	($1.68)	-3.28

Frontier Group has higher revenue and earnings than Joby Aviation. Joby Aviation is trading at a lower price-to-earnings ratio than Frontier Group, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Joby Aviation and Frontier Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joby Aviation	-755.11%	-55.29%	-37.72%
Frontier Group	-9.29%	-35.54%	-1.62%

Insider and Institutional Ownership

52.8% of Joby Aviation shares are owned by institutional investors. 20.4% of Joby Aviation shares are owned by company insiders. Comparatively, 48.0% of Frontier Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk & Volatility

Joby Aviation has a beta of 2.66, suggesting that its stock price is 166% more volatile than the S&P 500. Comparatively, Frontier Group has a beta of 2.64, suggesting that its stock price is 164% more volatile than the S&P 500.

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 Frontier Group

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.