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 20,167 employees.

Stock update

Shares of JetBlue Airways Corp opened at $6.94 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $6.9 - $7.23, and closed at $7.18.

This is a +5.12% increase from the previous day's closing price.

A total volume of 13,621,100 shares were traded at the close of the day’s session.

In the last one week, shares of JetBlue Airways Corp have increased by +6.21%.

JetBlue Airways Corp's Key Ratios

JetBlue Airways Corp has a market cap of $2.35 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 $9.75 billion with a gross profit of $2.06 billion and an EBITDA of $594 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 0.53% while its return on assets stood at 0.24% with a return of equity of -8.58%.

In Q1, JetBlue Airways Corp’s quarterly earnings growth was a negative -56% while revenue growth was a positive 34.1%.

JetBlue Airways Corp’s PE and PEG Ratio

Forward PE

8.2988

Trailing PE

0

PEG

6.8

Its diluted EPS in the last 12-months stands at $-0.91 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

$13.23 billion

Total Liabilities

$4.01 billion

Operating Cash Flow

$-40000000.00

Capital Expenditure

$172 million

Dividend Payout Ratio

0%

JetBlue Airways Corp ended 2023 with $13.23 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.23 billion while shareholder equity stood at $3.37 billion.

JetBlue Airways Corp ended 2023 with $692.00 million in deferred long-term liabilities, $4.01 billion in other current liabilities, 5000000.00 in common stock, $2.23 billion in retained earnings and $0 in goodwill. Its cash balance stood at $1.33 billion and cash and short-term investments were $1.33 billion. The company’s total short-term debt was $361,000,000 while long-term debt stood at $3.32 billion.

JetBlue Airways Corp’s total current assets stands at $2.10 billion while long-term investments were $153.00 million and short-term investments were $204.00 million. Its net receivables were $331.00 million compared to accounts payable of $626.00 million and inventory worth $76.00 million.

In 2023, JetBlue Airways Corp's operating cash flow was $-40000000.00 while its capital expenditure stood at $172 million.

Comparatively, JetBlue Airways Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$7.18

52-Week High

$10.75

52-Week Low

$6.18

Analyst Target Price

$8.31

JetBlue Airways Corp stock is currently trading at $7.18 per share. It touched a 52-week high of $10.75 and a 52-week low of $10.75. Analysts tracking the stock have a 12-month average target price of $8.31.

Its 50-day moving average was $6.95 and 200-day moving average was $7.49 The short ratio stood at 1.94 indicating a short percent outstanding of 0%.

Around 31.7% of the company’s stock are held by insiders while 7088% are held by institutions.