JetBlue Airways (JBLU) Stock Price, News & Analysis

Company Overview

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe. The company was incorporated in 1998 and is based in Long Island City, New York.

Key Stats

• Today's Range: $6.04 to $6.22
• 50-Day Range: $5.63 to $8.05
• 52-Week Range: $4.10 to $8.07
• Volume: 12.12 million shs
• Average Volume: 15.84 million shs
• Market Capitalization: $2.11 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.43
• Consensus Rating: Reduce

JetBlue Airways Stock Analysis - MarketRank™

JetBlue Airways scored higher than 53% of companies evaluated by MarketBeat, and ranked 86th out of 126 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

JetBlue Airways has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 6 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

JetBlue Airways has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for JetBlue Airways are expected to grow in the coming year, from ($0.92) to ($0.44) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of JetBlue Airways is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of JetBlue Airways is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

JetBlue Airways has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

15.51% of the float of JetBlue Airways has been sold short.

Short Interest Ratio / Days to Cover

JetBlue Airways has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in JetBlue Airways has recently decreased by 5.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

JetBlue Airways does not currently pay a dividend.

Dividend Growth

JetBlue Airways does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.2 / 5
• Environmental Score: -6.41

Percentage of Shares Shorted

15.51% of the float of JetBlue Airways has been sold short.

Short Interest Ratio / Days to Cover

JetBlue Airways has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in JetBlue Airways has recently decreased by 5.18%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.44

News Sentiment

JetBlue Airways has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for JetBlue Airways this week, compared to 14 articles on an average week.

Search Interest

Only 22 people have searched for JBLU on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

MarketBeat Follows

Only 13 people have added JetBlue Airways to their MarketBeat watchlist in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, JetBlue Airways insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.18% of the stock of JetBlue Airways is held by insiders.

Percentage Held by Institutions

83.71% of the stock of JetBlue Airways is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

JBLU Stock Analysis - Frequently Asked Questions

How have JBLU shares performed this year?

JetBlue Airways' stock was trading at $5.55 at the beginning of the year. Since then, JBLU stock has increased by 9.7% and is now trading at $6.09.
View the best growth stocks for 2024 here.

How were JetBlue Airways' earnings last quarter?

JetBlue Airways Co. (NASDAQ:JBLU) posted its quarterly earnings data on Tuesday, October, 29th. The transportation company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.10. JetBlue Airways's revenue for the quarter was up .5% compared to the same quarter last year.

Does JetBlue Airways have any subsidiaries?

The following companies are subsidiaries of JetBlue Airways: BlueBermuda Insurance LTD, JBTP LLC, and JetBlue Technology Ventures L.L.C..

Who are JetBlue Airways' major shareholders?

Top institutional shareholders of JetBlue Airways include Donald Smith & CO. Inc. (3.33%), Geode Capital Management LLC (2.15%), Charles Schwab Investment Management Inc. (1.63%) and U S Global Investors Inc. (1.52%). Insiders that own company stock include Robin Hayes and Gerald Alfred Spencer.
View institutional ownership trends.

How do I buy shares of JetBlue Airways?

Shares of JBLU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of JetBlue Airways own?

Based on aggregate information from My MarketBeat watchlists, some other companies that JetBlue Airways investors own include Humana (HUM), American Water Works (AWK), Verizon Communications (VZ), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Airlines
• Current Symbol: NASDAQ:JBLU
• CUSIP: 47714310
• CIK: 1158463
• Web: www.jetblue.com
• Phone: (718) 286-7900
• Fax: 718-709-3621
• Employees: 23,388
• Year Founded: 1999

Price Target and Rating

• Average Stock Price Target: $6.43
• High Stock Price Target: $9.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +5.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-310,000,000.00
• Net Margins: -9.17%
• Pretax Margin: -9.91%
• Return on Equity: -8.35%
• Return on Assets: -1.62%

Debt

• Debt-to-Equity Ratio: 2.98
• Current Ratio: 1.21
• Quick Ratio: 1.18

Sales & Book Value

• Annual Sales: $9.62 billion
• Price / Sales: 0.22
• Cash Flow: $1.44 per share
• Price / Cash Flow: 4.23
• Book Value: $7.62 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 346,880,000
• Free Float: 342,784,000
• Market Cap: $2.11 billion
• Optionable: Optionable
• Beta: 1.92