Finny logo
Finny logo
Dibs:
Dibs:
0

JetBlue Airways (JBLU): Worth Buying Now?

11:01 am ET, 11 Apr 2018

The JetBlue Airways (NASDAQ: JBLU) stock witnessed a 14% year-to-date decline (visit Finstead and type “JBLU YTD return” to get the latest return).

There are some interesting developments about this stock, so what is the price prediction?

JetBlue is New York's Hometown Airline, carrying over 40 million customers per year to 101 cities.

Compared to previous March 2017, its traffic grew by 7.3% with a capacity increase of 3.3%. Analysts anticipate a 6.1% growth in revenue per available seat mile (RASM). The holiday calendar positively impacted RASM by 2.0 net benefit from calendar placement, including 2.5 from Easter.

JetBlue backs JetSuite and is increasing its investment in this private jet company. One of the world's biggest carrier, Qatar Airways has taken a minority stake in JetSuite.The investment is substantial and will help with JetSuite’s expansion.

Based on Finstead Research, the JetBlue Airways stock has an average price target of almost $24. It has a price upside of almost 26%.

JBLU has fairly low valuation compared to its peers. It is ahead of Hawaiian Holdings (HA) only.

The high Short Share of Float for JBLU indicates potential volatility in the upcoming days.

JetBlue Airways Corporation (JBLU) Stock Guide

Updated at: 9:23 pm ET, 12 Jan 2021

Before we start: if you're looking for JBLU stock price, you can quickly find it out by visiting Finny and typing "JBLU quote". If you're looking for a quick scoop on JBLU stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "JBLU". You'll get all this info in one place. Or you can just type "JBLU news" to get the latest stock news.

Looking to buy or sell JetBlue Airways Corporation (JBLU)? Interested in getting the full scoop on JBLU, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this JBLU stock guide, we'll address key questions about JBLU, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are JBLU earnings?
2. When is JBLU earnings date?
3. What is JBLU stock forecast (i.e., prediction)?
4. JBLU buy or sell? What is JBLU Finny Score?
5. What are the reasons to buy JBLU? Why should I buy JBLU stock?
6. What are the reasons to sell JBLU? Why should I sell JBLU stock?
7. What are JBLU key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are JBLU earnings?

JBLU trailing 12-month earnings per share (EPS) is -$2.96.

2. When is JBLU earnings date?

JBLU earnings date is January 21, 2021.

Analyst Predictions

3. What is JBLU stock forecast (i.e., prediction)?

Based on JBLU analyst price targets, JBLU stock forecast is $14.41 (for a year from now). That means the average analyst price target for JBLU stock is $14.41. The prediction is based on 16 analyst estimates.

The low price target for JBLU is $8.00, while the high price target is $22.00.

JBLU analyst rating is Hold.

Analysis

4. JBLU buy or sell? What is JBLU Finny Score?

#{finnyScore:56}Our quantitative analysis shows 5 reasons to buy and 4 reasons to sell JBLU, resulting in Finny Score of 56.

5. What are the reasons to buy JBLU? Why should I buy JBLU stock?

Here are the reasons to buy JBLU stock:

  • JBLU profitability is improving. The YoY profit margin change was 4.91 percentage points. See JBLU profitability chart.
  • JBLU Price/Sales ratio is 1.06, which is low compared to its industry peers’ P/S ratios. See JBLU forward Price/Sales ratio chart.
  • JBLU PEG ratio (P/E adjusted for growth) is 0.11, which is low compared to its industry peers’ PEG ratios. See JBLU PEG chart.
  • JBLU cash to debt ratio is 0.53, higher than the average industry (0.16) and sector (0.12) cash to debt ratio. See JBLU cash to debt chart.
  • JBLU Enterprise Value/Revenue multiple is 1.54, which is low compared to its industry peers’ Enterprise Value/Revenue multiples. See JBLU Enterprise Value/Revenue chart.

6. What are the reasons to sell JBLU? Why should I sell JBLU stock?

Let's look at the reasons to sell JBLU stock (i.e., the bear case):

Key Stats

7. What are JBLU key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for JBLU:

Metrics JBLU
Price $14.94
Average Price Target / Upside $14.41 / -3.55%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Airlines
Sector Industrials
Number of Employees 20,892
Market Cap $4.94B
Forward P/E Ratio -13.79
Price/Book Ratio 1.14
Revenue (TTM) $4.33B
YoY Quarterly Revenue Growth -76.40%
Profit Margin -18.95%

If you liked this analysis, check out Stock Guides for other stocks.

Follow Us