SkyWest (NASDAQ:SKYW) & Joby Aviation (NYSE:JOBY) Financial Contrast

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

Risk & Volatility

SkyWest has a beta of 1.66, suggesting that its stock price is 66% more volatile than the S&P 500. Comparatively, Joby Aviation has a beta of 2.56, suggesting that its stock price is 156% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for SkyWest and Joby Aviation, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SkyWest	0	2	5	1	2.88
Joby Aviation	3	5	1	0	1.78

SkyWest presently has a consensus price target of $127.17, indicating a potential upside of 28.84%. Joby Aviation has a consensus price target of $13.43, indicating a potential downside of 12.04%. Given SkyWest’s stronger consensus rating and higher probable upside, equities analysts clearly believe SkyWest is more favorable than Joby Aviation.

Earnings & Valuation

This table compares SkyWest and Joby Aviation”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SkyWest	$3.53 billion	1.12	$322.96 million	$10.48	9.42
Joby Aviation	$140,000.00	99,429.61	-$608.03 million	($1.34)	-11.39

SkyWest has higher revenue and earnings than Joby Aviation. Joby Aviation is trading at a lower price-to-earnings ratio than SkyWest, indicating that it is currently the more affordable of the two stocks.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
SkyWest	10.92%	17.14%	6.07%
Joby Aviation	N/A	-77.03%	-55.91%

Insider & Institutional Ownership

81.3% of SkyWest shares are held by institutional investors. Comparatively, 52.9% of Joby Aviation shares are held by institutional investors. 2.0% of SkyWest shares are held by company insiders. Comparatively, 28.5% of Joby Aviation shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

SkyWest beats Joby Aviation on 12 of the 15 factors compared between the two stocks.

About SkyWest

SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest employs nearly 17,000 employees.

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.