Comparing New Horizon Aircraft (NASDAQ:HOVR) & Joby Aviation (NYSE:JOBY)

New Horizon Aircraft (NASDAQ:HOVR) and Joby Aviation (NYSE:JOBY) are both aerospace companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.

Earnings and Valuation

This table compares New Horizon Aircraft and Joby Aviation’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
New Horizon Aircraft	N/A	N/A	$8.61 million	N/A	N/A
Joby Aviation	$1.03 million	3,333.47	-$513.05 million	($0.81)	-6.03

New Horizon Aircraft has higher earnings, but lower revenue than Joby Aviation.

Analyst Ratings

This is a breakdown of current ratings and price targets for New Horizon Aircraft and Joby Aviation, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
New Horizon Aircraft	0	0	0	0	N/A
Joby Aviation	1	0	2	0	2.33

Joby Aviation has a consensus target price of $8.00, indicating a potential upside of 63.77%. Given Joby Aviation’s higher probable upside, analysts clearly believe Joby Aviation is more favorable than New Horizon Aircraft.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
New Horizon Aircraft	N/A	-137.31%	7.13%
Joby Aviation	N/A	-37.85%	-30.90%

Insider & Institutional Ownership

66.0% of New Horizon Aircraft shares are owned by institutional investors. Comparatively, 45.5% of Joby Aviation shares are owned by institutional investors. 49.5% of Joby Aviation shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Joby Aviation beats New Horizon Aircraft on 5 of the 8 factors compared between the two stocks.

About New Horizon Aircraft

New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.

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.