Joby Aviation (NYSE:JOBY) & New Horizon Aircraft (NASDAQ:HOVR) Head to Head Analysis

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

Insider & Institutional Ownership

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

Profitability

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

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

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joby Aviation	$1.03 million	3,125.34	-$513.05 million	($0.81)	-5.65
New Horizon Aircraft	N/A	N/A	$8.61 million	N/A	N/A

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

Analyst Recommendations

This is a summary of current ratings and target prices for Joby Aviation and New Horizon Aircraft, as reported by MarketBeat.

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

Joby Aviation presently has a consensus price target of $8.00, suggesting a potential upside of 75.05%. Given Joby Aviation’s higher possible upside, equities research analysts clearly believe Joby Aviation is more favorable than New Horizon Aircraft.

Summary

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

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.

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.