Airline Stocks To Watch Now – June 28th

RTX, Zscaler, and Southwest Airlines are the three Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks represent equity shares of publicly traded companies that provide passenger and cargo air transportation services. They tend to be cyclical and sensitive to factors such as fuel prices, travel demand, regulatory changes and broader economic conditions, which can make them more volatile than the broader market. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Shares of RTX stock traded up $1.97 during mid-day trading on Friday, hitting $144.64. 9,172,767 shares of the stock were exchanged, compared to its average volume of 5,399,646. The company has a 50-day simple moving average of $134.87 and a 200 day simple moving average of $128.29. The company has a current ratio of 1.01, a quick ratio of 0.75 and a debt-to-equity ratio of 0.60. RTX has a twelve month low of $99.07 and a twelve month high of $149.26. The stock has a market capitalization of $193.23 billion, a price-to-earnings ratio of 42.42, a price-to-earnings-growth ratio of 2.58 and a beta of 0.63.

Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

Shares of ZS traded up $1.47 during mid-day trading on Friday, hitting $315.32. The company had a trading volume of 2,548,504 shares, compared to its average volume of 2,062,259. The business’s 50-day simple moving average is $263.30 and its 200-day simple moving average is $219.83. Zscaler has a 1-year low of $153.45 and a 1-year high of $317.26. The stock has a market cap of $49.10 billion, a PE ratio of -1,212.77 and a beta of 1.09.

Southwest Airlines (LUV)

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

Shares of LUV traded up $0.71 during mid-day trading on Friday, hitting $32.23. The company had a trading volume of 21,618,943 shares, compared to its average volume of 10,274,485. The business’s 50-day simple moving average is $30.93 and its 200-day simple moving average is $31.08. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 0.44. Southwest Airlines has a 1-year low of $23.58 and a 1-year high of $36.12. The stock has a market cap of $18.37 billion, a PE ratio of 37.92, a P/E/G ratio of 4.48 and a beta of 1.23.