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JetBlue Airways Corp Stock Research

JBLU

6.82USD-0.01(-0.15%)Delayedas of 26 May 2023, 03:08 pm

Market Summary

USD6.82-0.01
Delayedas of 26 May 2023, 03:08 pm
-0.15%

JBLU Alerts

JBLU Stock Price

JBLU RSI Chart

JBLU Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

-7.49

Price/Sales (Trailing)

0.23

EV/EBITDA

10.64

Price/Free Cashflow

4.17

JBLU Price/Sales (Trailing)

JBLU Profitability

EBT Margin

-4.77%

Return on Equity

-10.16%

Return on Assets

-2.78%

Free Cashflow Yield

23.97%

JBLU Fundamentals

JBLU Revenue

Revenue (TTM)

9.8B

Revenue Y/Y

34.1%

Revenue Q/Q

-3.6%

JBLU Earnings

Earnings (TTM)

-299.0M

Earnings Y/Y

24.71%

Earnings Q/Q

-900%

Price Action

52 Week Range

6.1810.97
(Low)(High)

Last 7 days

-5.4%

Last 30 days

0.7%

Last 90 days

-16.2%

Trailing 12 Months

-33.4%

JBLU Financial Health

Current Ratio

0.51

Debt/Equity

0.87

Debt/Cashflow

0.12

JBLU Investor Care

Shares Dilution (1Y)

2.18%

Diluted EPS (TTM)

-0.9

Peers (Alternatives to JetBlue Airways)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
92.6B
-0.17% 10.72%
17.9
0.63
1.02% -41.74%
24.5B
54.0B
7.97% -7.38%
298.7
0.53
53.83% 267.44%
17.4B
24.8B
-6.55% -30.39%
30.36
0.7
34.69% -26.67%
15.6B
48.8B
11.74% 10.21%
8.11
0.32
68.46% 196.77%
9.4B
52.3B
11.99% -10.85%
5.3
0.18
50.29% 174.49%
MID-CAP
5.7B
9.6B
6.16% -0.09%
97.31
0.6
56.19% -87.34%
2.9B
4.5B
0.24% 22.01%
8.22
0.64
12.86% -27.86%
2.2B
9.8B
0.74% -33.43%
-7.49
0.23
38.47% -57.37%
SMALL-CAP
1.8B
2.5B
-0.97% -26.70%
707.48
0.77
27.09% -98.36%
1.6B
5.5B
-14.41% -21.64%
-3.42
0.29
45.87% 16.50%
1.2B
2.1B
-11.57% -40.80%
7.3
0.6
11.75% -29.30%
1.2B
3.0B
23.68% 21.06%
16.55
0.4
1.63% -34.81%
414.4M
2.8B
-1.35% -48.72%
-2.02
0.15
46.79% 5.66%
77.2M
224.4M
10.41% 70.94%
-30.69
0.34
30.18% -139.59%
68.6M
529.0M
-16.75% -37.64%
-0.4
0.13
0.40% -181.76%

Financials for JetBlue Airways

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue6.5%9,7509,1588,5777,9877,041
  S&GA Expenses6.6%308289269248217
Costs and Expenses4.9%9,9239,4569,0378,4007,194
EBITDA136.5%272115191404-
EBITDA Margin121.5%0.03*0.01*0.02*0.06*-
Earnings Before Taxes30.0%-306-437-607-522-314
EBT Margin32.6%-0.05*-0.07*-0.07*-0.04*-
Interest Expenses-11.3%110124145143160
Net Income17.4%-299-362-515-442-190
Net Income Margin34.2%-0.04*-0.06*-0.06*-0.03*-
Free Cahsflow82.2%3792082831,712-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets1.4%13,22713,04513,33013,54313,803
  Current Assets9.5%2,0981,9162,6112,9943,272
    Cash Equivalents27.9%1,3331,0421,4011,6111,834
  Inventory-12.6%76.0087.0079.0073.0068.00
  Net PPE0.1%9,1589,1479,0378,9048,857
  Current Liabilities7.0%4,0103,7483,9034,0654,026
  Long Term Debt7.2%3,3163,0933,2353,3943,545
Shareholder's Equity-5.3%3,3733,5633,5073,4463,598
  Retained Earnings-7.9%2,2322,4242,4002,3432,531
  Additional Paid-In Capital0.3%3,1393,1293,1023,0953,058
Shares Outstanding0.3%328327324324321
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations41.7%5373792082831,712
  Share Based Compensation-3.3%29.0030.0030.0029.0031.00
Cashflow From Investing32.4%-614-908-616-467-1,090
Cashflow From Financing4.2%-345-360-360-588-1,131

Risks for JBLU

What is the probability of a big loss on JBLU?

91.9%


Probability that JetBlue Airways stock will be more than 20% underwater in next one year

60.8%


Probability that JetBlue Airways stock will be more than 30% underwater in next one year.

43.9%


Probability that JetBlue Airways stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does JBLU drawdown profile look like?

Y-axis is the maximum loss one would have experienced if JetBlue Airways was unfortunately bought at previous high price.

Drawdowns

Returns for JBLU

Cumulative Returns on JBLU

0.7%


10-Year Cumulative Returns

-12.7%


7-Year Cumulative Returns

-18.8%


5-Year Cumulative Returns

-9.6%


3-Year Cumulative Returns

What are the long-term rolling returns for JBLU?

FIve years rolling returns for JetBlue Airways.

Annualized Returns

Which funds bought or sold JBLU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Toroso Investments, LLC
added
91.17
2,901,000
5,428,000
0.09%
2023-05-22
AMERIPRISE FINANCIAL INC
added
52.18
10,249,900
24,693,900
0.01%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-1.52
136,531
3,926,270
0.01%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-13.00
-
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-51.18
-5,467,850
6,643,150
-%
2023-05-18
CENTAURUS FINANCIAL, INC.
reduced
-12.97
-2,000
76,000
0.01%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-8.73
49,000
1,958,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
unchanged
-
379,000
7,672,000
0.01%
2023-05-17
Thrivent Financial for Lutherans
reduced
-22.74
-3,361,000
14,590,000
0.04%
2023-05-17
DONALD SMITH & CO., INC.
added
14.28
17,674,400
79,936,700
2.95%

1–10 of 37

Latest Funds Activity

Are funds buying JBLU calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own JBLU
No. of Funds

JetBlue Airways News

Nasdaq
Airline Stock Roundup: RYAAY's Q4 Loss, AAL's Labor Deal & More.
Nasdaq,
5 hours ago
Zacks Investment Research
InvestorsObserver

Schedule 13G FIlings of JetBlue Airways

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.76%
31,605,973
SC 13G/A
Jan 27, 2023
blackrock inc.
8.9%
28,862,995
SC 13G/A
Jan 25, 2023
blackrock inc.
8.9%
28,862,995
SC 13G/A
Feb 10, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 03, 2022
blackrock inc.
8.1%
25,806,918
SC 13G/A
Nov 08, 2021
primecap management co/ca/
4.97%
15,815,756
SC 13G/A
Feb 12, 2021
primecap management co/ca/
5.54%
17,426,825
SC 13G/A
Feb 10, 2021
vanguard group inc
8.64%
27,182,298
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A

JBLU Fair Value

JetBlue Airways fair value in different scenarios

The table shows the Fair Value estimates for JetBlue Airways for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

8.58

25.81%

11.01

61.44%

17.57

157.62%

21.78

219.35%

24.98

266.28%
Current Inflation

8.00

17.30%

10.14

48.68%

15.78

131.38%

19.36

183.87%

22.06

223.46%
Very High Inflation

7.27

6.60%

9.06

32.84%

13.63

99.85%

16.50

141.94%

18.64

173.31%

Historical JetBlue Airways Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of JetBlue Airways

View All Filings
Date Filed Form Type Document
May 22, 2023
8-K
Current Report
May 19, 2023
8-K
Current Report
May 12, 2023
8-K
Current Report
May 05, 2023
8-K
Current Report
May 01, 2023
4
Insider Trading
May 01, 2023
4
Insider Trading
May 01, 2023
4
Insider Trading
May 01, 2023
4
Insider Trading
May 01, 2023
4
Insider Trading
May 01, 2023
4
Insider Trading

Latest Insider Trading transactions for JBLU

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-04-28
Hayes Robin
acquired
19,177
5.908
3,246
ceo
2023-04-28
Clark David Christopher
acquired
6,581
5.908
1,114
head of revenue and planning
2023-04-28
Hurley Ursula L
acquired
17,588
5.908
2,977
chief financial officer
2023-04-28
Geraghty Joanna
acquired
18,368
5.908
3,109
president coo
2023-02-24
Geraghty Joanna
sold (taxes)
-130,853
8.2153
-15,928
president coo
2023-02-24
Hayes Robin
acquired
-
-
43,012
ceo
2023-02-24
Hayes Robin
sold (taxes)
-172,015
8.21154
-20,948
ceo
2023-02-24
Nelson Brandon
acquired
-
-
9,539
general counsel corp sec
2023-02-24
Nelson Brandon
sold (taxes)
-31,522
8.19819
-3,845
general counsel corp sec
2023-02-24
Clark David Christopher
acquired
-
-
6,701
head of revenue and planning

1–10 of 50

Robin N. Hayes
15643
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airlines Group Inc. to create connectivity for travelers in the Northeast. The company was incorporated in 1998 and is based in Long Island City, New York.

JBLU Income Statement

2023-03-31
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues [Abstract]  
Total revenue$ 2,328$ 1,736
OPERATING EXPENSES  
Aircraft fuel and related taxes765571
Salaries, wages and benefits741688
Landing fees and other rents160132
Depreciation and amortization151143
Aircraft rent3226
Sales and marketing7657
Maintenance, materials and repairs176152
Other operating expenses357334
Special items1120
Total operating expenses2,5702,103
OPERATING LOSS(242)(367)
OTHER INCOME (EXPENSE)  
Interest expense(46)(37)
Interest income174
Gain on investments, net32
Other income20
Total other expense(24)(31)
LOSS BEFORE INCOME TAXES(266)(398)
Income tax benefit(74)(143)
NET LOSS$ (192)$ (255)
LOSS PER COMMON SHARE:  
Basic (in dollars per share)$ (0.58)$ (0.79)
Diluted (in dollars per share)$ (0.58)$ (0.79)
Retained Earnings  
OTHER INCOME (EXPENSE)  
NET LOSS$ (192)$ (255)
Passenger  
Revenues [Abstract]  
Total revenue2,1821,603
Other  
Revenues [Abstract]  
Total revenue$ 146$ 133

JBLU Balance Sheet

2023-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 1,333$ 1,042
Investment securities204350
Receivables, less allowance (2023-$3; 2022-$4)331317
Inventories, less allowance (2023-$30; 2022-$29)7687
Prepaid expenses and other154120
Total current assets2,0981,916
PROPERTY AND EQUIPMENT  
Flight equipment11,88911,727
Predelivery deposits for flight equipment398415
Total flight equipment and predelivery deposits, gross12,28712,142
Less accumulated depreciation3,6893,578
Total flight equipment and predelivery deposits, net8,5988,564
Other property and equipment1,3091,314
Less accumulated depreciation749731
Total other property and equipment, net560583
Total property and equipment, net9,1589,147
OPERATING LEASE ASSETS637660
OTHER ASSETS  
Investment securities153172
Restricted cash146146
Intangible assets, less accumulated amortization (2023-$469; 2022-$455)310298
Other725706
Total other assets1,3341,322
TOTAL ASSETS13,22713,045
CURRENT LIABILITIES  
Accounts payable626532
Air traffic liability1,9261,581
Accrued salaries, wages and benefits543498
Other accrued liabilities554486
Current operating lease liabilities9897
Current maturities of long-term debt and finance lease obligations263554
Total current liabilities4,0103,748
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS3,3163,093
LONG-TERM OPERATING LEASE LIABILITIES616639
DEFERRED TAXES AND OTHER LIABILITIES  
Deferred income taxes692770
Air traffic liability - non-current731738
Other489494
Total deferred taxes and other liabilities1,9122,002
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS’ EQUITY  
Preferred stock, $0.01 par value; 25 shares authorized, none issued00
Common stock, $0.01 par value; 900 shares authorized, 487 and 486 shares issued and 328 and 327 shares outstanding at March 31, 2023 and December 31, 2022, respectively55
Treasury stock, at cost; 159 shares at March 31, 2023 and December 31, 2022(1,998)(1,995)
Additional paid-in capital3,1393,129
Retained earnings2,2322,424
Accumulated other comprehensive loss(5)0
Total stockholders’ equity3,3733,563
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 13,227$ 13,045