Head-To-Head Contrast: 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 stock? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, profitability, dividends and risk.

Earnings & Valuation

This table compares New Horizon Aircraft and Joby Aviation’s gross 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	3,650.78	-$513.05 million	($0.81)	-6.60

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

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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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	-29.17%	3.03%
Joby Aviation	N/A	-37.85%	-30.90%

Analyst Ratings

This is a summary of current ratings for New Horizon Aircraft and Joby Aviation, as reported 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 price target of $8.00, suggesting a potential upside of 49.53%. Given Joby Aviation’s higher possible upside, analysts plainly believe Joby Aviation is more favorable than New Horizon Aircraft.

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.