New Horizon Aircraft (NASDAQ:HOVR – Get Free Report) and Spire Global (NYSE:SPIR – Get Free Report) are both small-cap aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.
Earnings and Valuation
This table compares New Horizon Aircraft and Spire Global”s 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 | $5.20 million | N/A | N/A |
| Spire Global | $110.45 million | 2.08 | -$102.82 million | $0.49 | 14.32 |
Insider and Institutional Ownership
66.0% of New Horizon Aircraft shares are owned by institutional investors. Comparatively, 20.0% of Spire Global shares are owned by institutional investors. 10.8% of New Horizon Aircraft shares are owned by insiders. Comparatively, 14.7% of Spire Global shares are owned 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.
Analyst Recommendations
This is a breakdown of current ratings and target prices for New Horizon Aircraft and Spire Global, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| New Horizon Aircraft | 1 | 0 | 1 | 1 | 2.67 |
| Spire Global | 1 | 1 | 2 | 0 | 2.25 |
New Horizon Aircraft currently has a consensus target price of $11.00, indicating a potential upside of 587.50%. Spire Global has a consensus target price of $14.33, indicating a potential upside of 104.32%. Given New Horizon Aircraft’s stronger consensus rating and higher possible upside, research analysts plainly believe New Horizon Aircraft is more favorable than Spire Global.
Risk and Volatility
New Horizon Aircraft has a beta of 2.94, suggesting that its stock price is 194% more volatile than the S&P 500. Comparatively, Spire Global has a beta of 2.43, suggesting that its stock price is 143% more volatile than the S&P 500.
Profitability
This table compares New Horizon Aircraft and Spire Global’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| New Horizon Aircraft | N/A | -230.87% | 4.72% |
| Spire Global | 40.97% | -125.66% | -25.24% |
Summary
New Horizon Aircraft beats Spire Global on 8 of the 13 factors compared between the two stocks.
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.
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.
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