New Horizon Aircraft (NASDAQ:HOVR – Get Free Report) and Archer Aviation (NYSE:ACHR – Get Free Report) are both small-cap aerospace companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, profitability, institutional ownership and valuation.
Insider and Institutional Ownership
66.0% of New Horizon Aircraft shares are owned by institutional investors. Comparatively, 59.3% of Archer Aviation shares are owned by institutional investors. 27.2% of Archer Aviation shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a summary of recent recommendations and price targets for New Horizon Aircraft and Archer 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 |
Archer Aviation | 0 | 1 | 4 | 0 | 2.80 |
Profitability
This table compares New Horizon Aircraft and Archer 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% |
Archer Aviation | N/A | -133.03% | -88.44% |
Earnings & Valuation
This table compares New Horizon Aircraft and Archer 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 |
Archer Aviation | N/A | N/A | -$457.90 million | ($1.63) | -2.36 |
Risk & Volatility
New Horizon Aircraft has a beta of -0.61, indicating that its stock price is 161% less volatile than the S&P 500. Comparatively, Archer Aviation has a beta of 2.35, indicating that its stock price is 135% more volatile than the S&P 500.
About New Horizon Aircraft
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. 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 Archer Aviation
Archer Aviation Inc., together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. The company is headquartered in San Jose, California.
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