Jet.AI (NASDAQ:JTAI – Get Free Report) is one of 7 publicly-traded companies in the “Air transportation, nonscheduled” industry, but how does it compare to its peers? We will compare Jet.AI to similar businesses based on the strength of its institutional ownership, analyst recommendations, profitability, risk, valuation, dividends and earnings.
Institutional and Insider Ownership
24.7% of Jet.AI shares are owned by institutional investors. Comparatively, 58.6% of shares of all “Air transportation, nonscheduled” companies are owned by institutional investors. 68.8% of Jet.AI shares are owned by company insiders. Comparatively, 26.6% of shares of all “Air transportation, nonscheduled” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a summary of current recommendations and price targets for Jet.AI and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Jet.AI | 0 | 0 | 0 | 0 | N/A |
| Jet.AI Competitors | 8 | 89 | 110 | 0 | 2.49 |
Profitability
This table compares Jet.AI and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Jet.AI | N/A | -40.62% | 6.05% |
| Jet.AI Competitors | -13.81% | -48.35% | -8.30% |
Risk and Volatility
Jet.AI has a beta of 0.21, suggesting that its stock price is 79% less volatile than the S&P 500. Comparatively, Jet.AI’s peers have a beta of 1.06, suggesting that their average stock price is 6% more volatile than the S&P 500.
Valuation & Earnings
This table compares Jet.AI and its peers revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Jet.AI | $21.86 million | $7.18 million | 43.43 |
| Jet.AI Competitors | $1.32 billion | -$45.27 million | 35.39 |
Jet.AI’s peers have higher revenue, but lower earnings than Jet.AI. Jet.AI is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Summary
Jet.AI beats its peers on 6 of the 10 factors compared.
About Jet.AI
Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380 which permits sale of private jet service by the seat instead of by whole aircraft. In addition, the company offers Reroute software, that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances. Further, it is involved in the aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.
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