Jetblue Airways Corp Stock Today

JBLU Stock  USD 7.41  0.08  1.09%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 32

 
100  
 
Zero
Below Average
JetBlue Airways is selling for under 7.41 as of the 28th of March 2024; that is 1.09 percent up since the beginning of the trading day. The stock's last reported lowest price was 7.24. JetBlue Airways has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for JetBlue Airways Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of July 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
12th of April 2002
Category
Industrials
JetBlue Airways Corporation provides air passenger transportation services. The company was incorporated in 1998 and is based in Long Island City, New York. Jetblue Airways operates under Airlines classification in the United States and is traded on NASDAQ Exchange. The company has 339.28 M outstanding shares of which 37.41 M shares are currently shorted by private and institutional investors with about 2.23 trading days to cover. More on JetBlue Airways Corp

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JetBlue Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. JetBlue Airways' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JetBlue Airways or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORobin Hayes
Thematic Ideas
(View all Themes)
Business ConcentrationPassenger Airlines, Transportation, Industrials, SP Small-Cap 600, ARCA Airline, Dow Jones Transportation, Dow Jones Composite, NASDAQ Composite, NASDAQ Composite Total, Airlines, Impulse, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering JetBlue Airways report their recommendations after researching JetBlue Airways' financial statements, talking to executives and customers, or listening in on JetBlue Airways' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering JetBlue Airways Corp. The JetBlue consensus assessment is calculated by taking the average forecast from all of the analysts covering JetBlue Airways.
Financial Strength
Based on the key indicators related to JetBlue Airways' liquidity, profitability, solvency, and operating efficiency, JetBlue Airways Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of JetBlue Airways Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.460.6941
Way Down
Pretty Stable
Total Current Liabilities1.8 B3.6 B
Way Down
Slightly volatile
Non Current Liabilities TotalB6.9 B
Way Down
Slightly volatile
Total Assets7.7 B13.9 B
Way Down
Slightly volatile
Total Current Assets1.4 B2.2 B
Way Down
Slightly volatile
JetBlue Airways' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to JetBlue Airways' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
JetBlue Airways' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of JetBlue Airways' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand JetBlue Airways' financial leverage. It provides some insight into what part of JetBlue Airways' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on JetBlue Airways' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how JetBlue Airways deploys its capital and how much of that capital is borrowed.
Liquidity
JetBlue Airways cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 5.38 B in liabilities with Debt to Equity (D/E) ratio of 1.35, which is about average as compared to similar companies. JetBlue Airways Corp has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist JetBlue Airways until it has trouble settling it off, either with new capital or with free cash flow. So, JetBlue Airways' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like JetBlue Airways Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JetBlue to invest in growth at high rates of return. When we think about JetBlue Airways' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

1.16 Billion
JetBlue Airways Corp (JBLU) is traded on NASDAQ Exchange in USA. It is located in 27-01 Queens Plaza North, Long Island City, NY, United States, 11101 and employs 24,000 people. JetBlue Airways is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate JetBlue Airways's market, we take the total number of its shares issued and multiply it by JetBlue Airways's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. JetBlue Airways Corp conducts business under Passenger Airlines sector and is part of Industrials industry. The entity has 339.28 M outstanding shares of which 37.41 M shares are currently shorted by private and institutional investors with about 2.23 trading days to cover. JetBlue Airways Corp currently holds about 2.48 B in cash with 400 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check JetBlue Airways Probability Of Bankruptcy
Ownership Allocation
JetBlue Airways secures a total of 339.28 Million outstanding shares. The majority of JetBlue Airways Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in JetBlue Airways to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in JetBlue Airways Corp. Please pay attention to any change in the institutional holdings of JetBlue Airways Corp as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check JetBlue Ownership Details

JetBlue Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of JetBlue Airways jumping above the current price in 90 days from now is about 6.53%. The JetBlue Airways Corp probability density function shows the probability of JetBlue Airways stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days JetBlue Airways has a beta of 0.1512. This indicates as returns on the market go up, JetBlue Airways average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JetBlue Airways Corp will be expected to be much smaller as well. Additionally, jetBlue Airways Corp has an alpha of 0.4628, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 7.41HorizonTargetOdds Above 7.41
93.43%90 days
 7.41 
6.53%
Based on a normal probability distribution, the odds of JetBlue Airways to move above the current price in 90 days from now is about 6.53 (This JetBlue Airways Corp probability density function shows the probability of JetBlue Stock to fall within a particular range of prices over 90 days) .

JetBlue Stock Institutional Holders

Institutional Holdings refers to the ownership stake in JetBlue Airways that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of JetBlue Airways' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing JetBlue Airways' value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
3.9 M
Charles Schwab Investment Management Inc2023-12-31
3.9 M
Amvescap Plc.2023-12-31
3.7 M
Primecap Management Company2023-12-31
3.4 M
Northern Trust Corp2023-12-31
3.3 M
Citadel Advisors Llc2023-09-30
M
Bank Of New York Mellon Corp2023-12-31
M
Allianz Asset Management Ag2023-12-31
2.4 M
Barclays Plc2023-12-31
2.2 M
Blackrock Inc2023-12-31
64.8 M
Vanguard Group Inc2023-12-31
37.1 M
View JetBlue Airways Diagnostics

JetBlue Airways Historical Income Statement

JetBlue Airways Corp Income Statement is one of the three primary financial statements used for reporting JetBlue's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of JetBlue Airways Corp revenue and expense. JetBlue Airways Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, JetBlue Airways' Depreciation And Amortization is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 10.1 B in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 181.6 M in 2024. View More Fundamentals

JetBlue Stock Against Markets

Picking the right benchmark for JetBlue Airways stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JetBlue Airways stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JetBlue Airways is critical whether you are bullish or bearish towards JetBlue Airways Corp at a given time. Please also check how JetBlue Airways' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in JetBlue Airways without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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JetBlue Airways Corporate Directors

JetBlue Airways corporate directors refer to members of a JetBlue Airways board of directors. The board of directors generally takes responsibility for the JetBlue Airways' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of JetBlue Airways' board members must vote for the resolution. The JetBlue Airways board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Virginia GambaleIndependent DirectorProfile
Peter BoneparthIndependent DirectorProfile
Sarah OHaganIndependent DirectorProfile
David CheckettsIndependent DirectorProfile

How to buy JetBlue Stock?

Before investing in JetBlue Airways, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in JetBlue Airways. To buy JetBlue Airways stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of JetBlue Airways. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase JetBlue Airways stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located JetBlue Airways Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased JetBlue Airways Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as JetBlue Airways Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy JetBlue Stock please use our How to Invest in JetBlue Airways guide.

Already Invested in JetBlue Airways Corp?

The danger of trading JetBlue Airways Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of JetBlue Airways is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than JetBlue Airways. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JetBlue Airways Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether JetBlue Airways Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JetBlue Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running JetBlue Airways' price analysis, check to measure JetBlue Airways' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JetBlue Airways is operating at the current time. Most of JetBlue Airways' value examination focuses on studying past and present price action to predict the probability of JetBlue Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetBlue Airways' price. Additionally, you may evaluate how the addition of JetBlue Airways to your portfolios can decrease your overall portfolio volatility.
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Is JetBlue Airways' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetBlue Airways. If investors know JetBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetBlue Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(0.93)
Revenue Per Share
28.883
Quarterly Revenue Growth
(0.04)
Return On Assets
(0)
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.