Financial Analysis: New Horizon Aircraft (NASDAQ:HOVR) versus Signature Aviation (OTCMKTS:BBAVY)

New Horizon Aircraft (NASDAQ:HOVRGet Free Report) and Signature Aviation (OTCMKTS:BBAVYGet Free Report) are both aerospace companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, analyst recommendations, institutional ownership, valuation, earnings and profitability.

Analyst Recommendations

This is a summary of current recommendations for New Horizon Aircraft and Signature Aviation, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Horizon Aircraft 0 0 1 1 3.50
Signature Aviation 0 0 0 0 0.00

New Horizon Aircraft presently has a consensus price target of $2.00, indicating a potential upside of 227.87%. Given New Horizon Aircraft’s stronger consensus rating and higher possible upside, analysts clearly believe New Horizon Aircraft is more favorable than Signature Aviation.

Earnings & Valuation

This table compares New Horizon Aircraft and Signature Aviation”s top-line 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 -$8.16 million N/A N/A
Signature Aviation $1.41 billion 3.24 -$9.60 million N/A N/A

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

Risk and Volatility

New Horizon Aircraft has a beta of 0.76, indicating that its share price is 24% less volatile than the S&P 500. Comparatively, Signature Aviation has a beta of 1.74, indicating that its share price is 74% more volatile than the S&P 500.

Institutional and Insider Ownership

66.0% of New Horizon Aircraft shares are held by institutional investors. 13.6% of New Horizon Aircraft shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

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

Net Margins Return on Equity Return on Assets
New Horizon Aircraft N/A -71.96% 211.11%
Signature Aviation N/A N/A N/A

Summary

New Horizon Aircraft beats Signature Aviation on 8 of the 11 factors compared between the two stocks.

About New Horizon Aircraft

(Get Free Report)

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

About Signature Aviation

(Get Free Report)

Signature Aviation Plc manufactures aircraft parts and provides flight support services. The company was founded by William Fenton and Walter Wilson Cobbett in 1879 and is headquartered in London, the United Kingdom.

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