New Horizon Aircraft (NASDAQ:HOVR – Get Free Report) and Signature Aviation (OTCMKTS:BBAVY – Get Free Report) are both aerospace companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, earnings and analyst recommendations.
Profitability
This table compares New Horizon Aircraft and Signature Aviation’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
New Horizon Aircraft | N/A | -71.96% | 211.11% |
Signature Aviation | N/A | N/A | N/A |
Valuation & Earnings
This table compares New Horizon Aircraft and Signature Aviation”s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
New Horizon Aircraft | N/A | N/A | -$8.16 million | N/A | N/A |
Signature Aviation | $1.41 billion | 3.24 | -$9.60 million | N/A | N/A |
Institutional and Insider Ownership
66.0% of New Horizon Aircraft shares are owned by institutional investors. 13.6% of New Horizon Aircraft shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Volatility & Risk
New Horizon Aircraft has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500. Comparatively, Signature Aviation has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500.
Analyst Ratings
This is a summary of recent ratings and recommmendations for New Horizon Aircraft and Signature Aviation, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
New Horizon Aircraft | 0 | 0 | 1 | 1 | 3.50 |
Signature Aviation | 0 | 0 | 0 | 0 | 0.00 |
New Horizon Aircraft presently has a consensus price target of $2.00, indicating a potential upside of 181.73%. Given New Horizon Aircraft’s stronger consensus rating and higher probable upside, equities analysts plainly believe New Horizon Aircraft is more favorable than Signature Aviation.
Summary
New Horizon Aircraft beats Signature Aviation on 8 of the 11 factors compared between the two stocks.
About New Horizon Aircraft
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.
About Signature Aviation
Signature Aviation Plc manufactures aircraft parts and provides flight support services. The company was founded by William Fenton and Walter Wilson Cobbett in 1879 and is headquartered in London, the United Kingdom.
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