Critical Survey: Joby Aviation (NYSE:JOBY) versus flyExclusive (NYSE:FLYX)

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

Institutional & Insider Ownership

13.0% of flyExclusive shares are owned by institutional investors. Comparatively, 52.8% of Joby Aviation shares are owned by institutional investors. 90.1% of flyExclusive shares are owned by insiders. Comparatively, 20.4% of Joby Aviation shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings for flyExclusive and Joby Aviation, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
flyExclusive	0	0	1	1	3.50
Joby Aviation	3	4	2	0	1.89

flyExclusive currently has a consensus target price of $7.00, suggesting a potential upside of 426.32%. Joby Aviation has a consensus target price of $13.81, suggesting a potential upside of 125.51%. Given flyExclusive’s stronger consensus rating and higher probable upside, research analysts clearly believe flyExclusive is more favorable than Joby Aviation.

Volatility & Risk

flyExclusive has a beta of 0.26, indicating that its stock price is 74% less volatile than the S&P 500. Comparatively, Joby Aviation has a beta of 2.68, indicating that its stock price is 168% more volatile than the S&P 500.

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
flyExclusive	$403.89 million	0.34	-$46.83 million	($0.79)	-1.68
Joby Aviation	$53.42 million	113.41	-$929.84 million	($0.99)	-6.19

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
flyExclusive	-20.19%	N/A	-13.69%
Joby Aviation	-755.11%	-55.29%	-37.72%

Summary

flyExclusive beats Joby Aviation on 11 of the 15 factors compared between the two stocks.

About flyExclusive

flyExclusive, Inc., through its subsidiary, LGM Enterprises, LLC., owns and operates private jets in North America. It also offers jet charter services; and aircraft maintenance, repair, overhaul (MRO) operations, and interior and exterior refurbishment services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services. The company is headquartered in Kinston, North Carolina.

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.