Investing in private jet stocks is a lucrative opportunity for those who are interested in the aviation industry. With an increasing demand for private air travel, the private jet industry is expected to grow significantly in the coming years. In this article, we will discuss the top private jet stocks that investors should consider.
Bombardier Inc. (BBD.B.TO)
Bombardier Inc. is a Canadian multinational aerospace and transportation company. The company designs, manufactures, and sells private jets, business jets, and commercial aircraft. Bombardier’s private jet division, Bombardier Business Aircraft, is the third-largest manufacturer of private jets in the world. The company’s stock, BBD.B.TO, is listed on the Toronto Stock Exchange.
Bombardier Inc. has a market capitalization of over $3 billion and has a dividend yield of 0.49%. The company’s stock has a 52-week high of $1.09 and a 52-week low of $0.25. With a price-to-earnings ratio of 4.22, Bombardier Inc. is considered a value stock.
Textron Inc. (TXT)
Textron Inc. is an American industrial conglomerate that produces private jets, business jets, military aircraft, and helicopters. The company’s private jet division, Textron Aviation, is the manufacturer of the popular Citation series of private jets. Textron Inc.’s stock, TXT, is listed on the New York Stock Exchange.
Textron Inc. has a market capitalization of over $11 billion and has a dividend yield of 0.15%. The company’s stock has a 52-week high of $64.31 and a 52-week low of $20.26. With a price-to-earnings ratio of 25.41, Textron Inc. is considered a growth stock.
Embraer S.A. (ERJ)
Embraer S.A. is a Brazilian aerospace conglomerate that produces private jets, business jets, and commercial aircraft. The company’s private jet division, Embraer Executive Jets, is the manufacturer of the Phenom and Legacy series of private jets. Embraer S.A.’s stock, ERJ, is listed on the New York Stock Exchange.
Embraer S.A. has a market capitalization of over $1.9 billion and has a dividend yield of 0.21%. The company’s stock has a 52-week high of $21.89 and a 52-week low of $3.36. With a price-to-earnings ratio of 7.83, Embraer S.A. is considered a value stock.
Dassault Aviation S.A. (AM)
Dassault Aviation S.A. is a French aircraft manufacturer that produces private jets, business jets, and military aircraft. The company’s private jet division, Dassault Falcon, is the manufacturer of the popular Falcon series of private jets. Dassault Aviation S.A.’s stock, AM, is listed on the Euronext Paris stock exchange.
Dassault Aviation S.A. has a market capitalization of over $13 billion and has a dividend yield of 0.44%. The company’s stock has a 52-week high of €1,250 and a 52-week low of €730. With a price-to-earnings ratio of 25.97, Dassault Aviation S.A. is considered a growth stock.
Gulfstream Aerospace Corporation (N/A)
Gulfstream Aerospace Corporation is an American aircraft manufacturer that produces private jets and business jets. The company is a subsidiary of General Dynamics Corporation and does not have a publicly traded stock.
Gulfstream Aerospace Corporation is known for its high-end private jets, including the Gulfstream G650, which is the company’s flagship aircraft. The Gulfstream G650 has a range of over 7,000 nautical miles and can fly at a speed of Mach 0.925.
Conclusion
Investing in private jet stocks can be a profitable opportunity for those who are interested in the aviation industry. Bombardier Inc., Textron Inc., Embraer S.A., and Dassault Aviation S.A. are some of the top private jet stocks that investors should consider. However, investors should conduct their own research and due diligence before investing in any stock.