Comparing New Horizon Aircraft (NASDAQ:HOVR) & Spire Global (NYSE:SPIR)

Spire Global (NYSE:SPIR) and New Horizon Aircraft (NASDAQ:HOVR) are both small-cap aerospace companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, analyst recommendations, profitability, institutional ownership and earnings.

Volatility and Risk

Spire Global has a beta of 2.44, suggesting that its share price is 144% more volatile than the S&P 500. Comparatively, New Horizon Aircraft has a beta of 2.99, suggesting that its share price is 199% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Spire Global and New Horizon Aircraft, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Spire Global	1	2	2	0	2.20
New Horizon Aircraft	1	0	1	1	2.67

Spire Global presently has a consensus target price of $11.10, indicating a potential upside of 42.42%. New Horizon Aircraft has a consensus target price of $11.00, indicating a potential upside of 574.85%. Given New Horizon Aircraft’s stronger consensus rating and higher possible upside, analysts plainly believe New Horizon Aircraft is more favorable than Spire Global.

Earnings & Valuation

This table compares Spire Global and New Horizon Aircraft”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spire Global	$110.45 million	2.34	-$102.82 million	$0.38	20.51
New Horizon Aircraft	N/A	N/A	$5.20 million	N/A	N/A

New Horizon Aircraft has lower revenue, but higher earnings than Spire Global.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Spire Global	40.08%	-80.89%	-25.80%
New Horizon Aircraft	N/A	-230.87%	4.72%

Institutional & Insider Ownership

20.0% of Spire Global shares are held by institutional investors. Comparatively, 66.0% of New Horizon Aircraft shares are held by institutional investors. 14.7% of Spire Global shares are held by company insiders. Comparatively, 10.8% of New Horizon Aircraft shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

New Horizon Aircraft beats Spire Global on 7 of the 13 factors compared between the two stocks.

About Spire Global

Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data to power applications, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety and route optimization; and space-based data, AI-powered insights, and predictive weather analytics for accurate weather forecasting. It serves maritime, weather, aviation, and space services industries. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. is headquartered in Vienna, Virginia.

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 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.