Best Airline Stocks To Research – March 20th

As of March 20th, investors should keep an eye on five notable airline stocks: RTX, Southwest Airlines, American Airlines Group, Delta Air Lines, and United Airlines. These stocks have demonstrated significant trading volume recently, highlighting their relevance in the market.

RTX (RTX)

RTX Corporation is a key player in the aerospace and defense sector, supplying various systems and services for both commercial and military clients. The company operates primarily through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace focuses on providing aerospace defense products and service solutions for a wide range of aircraft.

On Thursday, RTX shares dipped by $1.00, reaching a price of $134.32 with a trading volume of 1,258,550 shares. This compares to the average trading volume of 5,368,063. RTX holds a market capitalization of $179.33 billion, with a P/E ratio of 37.84 and a beta of 0.78. The stock has fluctuated between a low of $94.08 and a high of $136.01 over the past year.

Southwest Airlines (LUV)

Southwest Airlines Co. is a recognized passenger airline company, offering scheduled transportation services across the United States and some near-international destinations. As of the end of 2023, the airline operated a fleet of 817 Boeing 737 aircraft, servicing 121 locations in the U.S. and several countries, such as Mexico and Jamaica.

On Thursday, Southwest Airlines' shares increased by $0.43 to $34.03, with a total of 4,851,375 shares exchanging hands against an average of 9,001,796. The company has a market cap of $20.17 billion and a price-to-earnings ratio of 47.27, alongside a beta of 1.10. Over the past year, its stock price has ranged from $23.58 to $36.12.

American Airlines Group (AAL)

American Airlines Group Inc. serves as a network air carrier operating scheduled flights for both passengers and cargo from multiple hubs throughout the United States and internationally. Its extensive network includes major hubs in cities like Chicago, New York, and Miami.

American Airlines’ stock fell by $0.17 on Thursday, closing at $11.32 with a trading volume of 14,544,072 shares. The company has a market capitalization of $7.44 billion and a P/E ratio of 9.92. Over the past year, shares have been priced between $9.07 and $19.10.

Delta Air Lines (DAL)

Delta Air Lines, Inc. is known for providing scheduled air transport services for both passengers and cargo, operating domestically in the U.S. and internationally. Its operational network includes several major U.S. hubs and key international locations.

Delta's stock experienced a decline of $0.44 on Thursday, reaching $47.31. The trading volume was 2,698,796 shares, against the average of 8,751,901. With a market capitalization of $30.59 billion, Delta maintains a low P/E ratio of 8.87, indicative of its stock performance within the industry. Its shares have varied in price from $37.29 to $69.98 in the last year.

United Airlines (UAL)

United Airlines Holdings, Inc. offers comprehensive air transportation services spanning various continents, including North America, Asia, and Europe. The airline operates both mainline and regional fleets, catering to a diverse clientele for passenger and cargo transportation.

On Thursday, United Airlines’ shares declined by $0.60, falling to $73.83 with a trading volume of 1,640,987 shares compared to the average of 7,621,690. The company has a market capitalization of $24.17 billion and a P/E ratio of 7.82. Over the last year, UAL's stock has hovered between $37.02 and $116.00.

Investors interested in airline stocks should closely monitor these companies for potential investment opportunities as market conditions evolve.

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