JetBlue Airways Corp

Company Profile

JetBlue Airways Corp had its IPO on 2002-04-12 under the ticker symbol JBLU.

The company operates in the Industrials sector and Airlines industry. JetBlue Airways Corp has a staff strength of 20,729 employees.

Stock update

Shares of JetBlue Airways Corp opened at $5.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.09 - $5.26, and closed at $5.12.

This is a -0.78% slip from the previous day's closing price.

A total volume of 12,829,596 shares were traded at the close of the day’s session.

In the last one week, shares of JetBlue Airways Corp have slipped by -13.66%.

JetBlue Airways Corp's Key Ratios

JetBlue Airways Corp has a market cap of $1.72 billion, indicating a price to book ratio of 0.6899 and a price to sales ratio of 0.2643.

In the last 12-months JetBlue Airways Corp’s revenue was $9.91 billion with a gross profit of $2.06 billion and an EBITDA of $932 million. The EBITDA ratio measures JetBlue Airways Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, JetBlue Airways Corp’s operating margin was 3.83% while its return on assets stood at 1.76% with a return of equity of 0.77%.

In Q2, JetBlue Airways Corp’s quarterly earnings growth was a negative -56% while revenue growth was a positive 6.7%.

JetBlue Airways Corp’s PE and PEG Ratio

Forward PE

8.2988

Trailing PE

51.6

PEG

6.8

Its diluted EPS in the last 12-months stands at $0.1 per share while it has a forward price to earnings multiple of 8.2988 and a PEG multiple of 6.8. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into JetBlue Airways Corp’s profitability.

JetBlue Airways Corp stock is trading at a EV to sales ratio of 0.5683 and a EV to EBITDA ratio of 37.2089. Its price to sales ratio in the trailing 12-months stood at 0.2643.

JetBlue Airways Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$13.48 billion

Total Liabilities

$3.89 billion

Operating Cash Flow

$-335000000.00

Capital Expenditure

$285 million

Dividend Payout Ratio

0%

JetBlue Airways Corp ended 2024 with $13.48 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.48 billion while shareholder equity stood at $3.55 billion.

JetBlue Airways Corp ended 2024 with $774.00 million in deferred long-term liabilities, $3.89 billion in other current liabilities, 5000000.00 in common stock, $2.37 billion in retained earnings and $0 in goodwill. Its cash balance stood at $1.46 billion and cash and short-term investments were $1.46 billion. The company’s total short-term debt was $384,000,000 while long-term debt stood at $3.49 billion.

JetBlue Airways Corp’s total current assets stands at $1.46 billion while long-term investments were $169.00 million and short-term investments were $205.00 million. Its net receivables were $309.00 million compared to accounts payable of $699.00 million and inventory worth $89.00 million.

In 2024, JetBlue Airways Corp's operating cash flow was $-335000000.00 while its capital expenditure stood at $285 million.

Comparatively, JetBlue Airways Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$5.12

52-Week High

$9.45

52-Week Low

$5.07

Analyst Target Price

$7.06

JetBlue Airways Corp stock is currently trading at $5.12 per share. It touched a 52-week high of $9.45 and a 52-week low of $9.45. Analysts tracking the stock have a 12-month average target price of $7.06.

Its 50-day moving average was $7.08 and 200-day moving average was $7.41 The short ratio stood at 1.63 indicating a short percent outstanding of 0%.

Around 32.4% of the company’s stock are held by insiders while 7405.6% are held by institutions.