JetBlue Airways
Market Cap
US$2.9b
Last Updated
2020/07/11 23:56 UTC
Data Sources
Company Financials +
Executive Summary
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with high growth potential.
Similar Companies
Share Price & News
How has JetBlue Airways's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JBLU's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.7%
JBLU
-2.5%
US Airlines
2.3%
US Market
1 Year Return
-43.8%
JBLU
-51.1%
US Airlines
6.7%
US Market
Return vs Industry: JBLU exceeded the US Airlines industry which returned -51.1% over the past year.
Return vs Market: JBLU underperformed the US Market which returned 6.7% over the past year.
Shareholder returns
| JBLU | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | -2.5% | 2.3% |
| 30 Day | -4.6% | -0.4% | 7.4% |
| 90 Day | 11.6% | 3.7% | 17.9% |
| 1 Year | -43.8%-43.8% | -50.5%-51.1% | 9.0%6.7% |
| 3 Year | -54.8%-54.8% | -50.5%-52.4% | 36.6%27.7% |
| 5 Year | -53.8%-53.8% | -30.9%-34.7% | 64.2%46.1% |
Price Volatility Vs. Market
How volatile is JetBlue Airways's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Does JetBlue Airways's (NASDAQ:JBLU) Statutory Profit Adequately Reflect Its Underlying Profit?3 months ago | Simply Wall St
How Does Investing In JetBlue Airways Corporation (NASDAQ:JBLU) Impact The Volatility Of Your Portfolio?3 months ago | Simply Wall St
Are JetBlue Airways Corporation (NASDAQ:JBLU) Investors Paying Above The Intrinsic Value?Valuation
Is JetBlue Airways undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JBLU ($10.6) is trading below our estimate of fair value ($29.43)
Significantly Below Fair Value: JBLU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JBLU is poor value based on its PE Ratio (11.9x) compared to the US Airlines industry average (8.2x).
PE vs Market: JBLU is good value based on its PE Ratio (11.9x) compared to the US market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: JBLU is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: JBLU is good value based on its PB Ratio (0.7x) compared to the US Airlines industry average (0.8x).
Next Steps
Future Growth
How is JetBlue Airways forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
122.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBLU's forecast earnings growth (122.1% per year) is above the savings rate (2.2%).
Earnings vs Market: JBLU's earnings (122.1% per year) are forecast to grow faster than the US market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JBLU's revenue (22.1% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: JBLU's revenue (22.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JBLU's Return on Equity is forecast to be low in 3 years time (1.6%).
Next Steps
Past Performance
How has JetBlue Airways performed over the past 5 years?
-7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBLU has a large one-off loss of $204.0M impacting its March 31 2020 financial results.
Growing Profit Margin: JBLU's current net profit margins (3.3%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: JBLU's earnings have declined by -7.2% per year over the past 5 years.
Accelerating Growth: JBLU's earnings growth over the past year (79.5%) exceeds its 5-year average (-7.2% per year).
Earnings vs Industry: JBLU earnings growth over the past year (79.5%) exceeded the Airlines industry -14.4%.
Return on Equity
High ROE: JBLU's Return on Equity (5.9%) is considered low.
Next Steps
Financial Health
How is JetBlue Airways's financial position?
Financial Position Analysis
Short Term Liabilities: JBLU's short term assets ($2.2B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: JBLU's short term assets ($2.2B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: JBLU's debt to equity ratio (71.8%) is considered high.
Reducing Debt: JBLU's debt to equity ratio has reduced from 80.4% to 71.8% over the past 5 years.
Debt Coverage: JBLU's debt is well covered by operating cash flow (36.8%).
Interest Coverage: JBLU's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
Next Steps
Dividend
What is JetBlue Airways's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JBLU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JBLU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JBLU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JBLU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JBLU's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Robin Hayes (53yo)
5.42yrs
Tenure
US$3,955,523
Compensation
Mr. Robin Hayes serves as Chief Executive Officer and Director at JetBlue Airways Corporation since February 16, 2015 and served as its President since January 1, 2014 until May 2018. Mr. Hayes served as t ...
CEO Compensation Analysis
Compensation vs Market: Robin's total compensation ($USD3.96M) is below average for companies of similar size in the US market ($USD5.84M).
Compensation vs Earnings: Robin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.42yrs | US$3.96m | 0.19% $5.4m | |
| President & COO | 2.17yrs | US$2.49m | 0.063% $1.8m | |
| Chief Financial Officer | 3.42yrs | US$2.11m | 0.015% $434.8k | |
| Chief Digital & Technology Officer | 2.58yrs | US$1.27m | 0.045% $1.3m | |
| General Counsel & Corporate Secretary | 2.08yrs | US$1.03m | 0.0011% $30.3k | |
| VP, Controller & Chief Accounting Officer | 5.58yrs | US$515.73k | 0.0044% $126.9k | |
| Director of Investors Relation | no data | no data | no data | |
| Chief Communications Officer | 2.33yrs | no data | no data | |
| Vice President of Sales & Revenue Management | 3.42yrs | no data | no data | |
| Vice President of Marketing | 2.33yrs | no data | no data |
2.6yrs
Average Tenure
49yo
Average Age
Experienced Management: JBLU's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.42yrs | US$3.96m | 0.19% $5.4m | |
| Independent Director | 14.17yrs | US$234.99k | no data | |
| Independent Director | 1.92yrs | US$219.99k | 0.0035% $99.5k | |
| Independent Chairman | 0.17yr | US$242.65k | no data | |
| Independent Director | 0.17yr | no data | 0.0028% $79.5k | |
| Independent Director | 9yrs | US$229.99k | no data | |
| Independent Director | 1yr | US$77.49k | 0.0035% $99.5k | |
| Independent Director | 7.17yrs | US$234.99k | 0.0025% $72.6k | |
| Independent Director | 1.92yrs | US$214.99k | no data | |
| Independent Director | 0.67yr | US$49.15k | no data |
1.9yrs
Average Tenure
60yo
Average Age
Experienced Board: JBLU's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JBLU insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
JetBlue Airways Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: JetBlue Airways Corporation
- Ticker: JBLU
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$2.859b
- Shares outstanding: 269.71m
- Website: https://www.jetblue.com
Number of Employees
Location
- JetBlue Airways Corporation
- 27-01 Queens Plaza North
- Long Island City
- New York
- 11101
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JBLU | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 2002 |
| JAW | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2002 |
| JBLU * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Apr 2002 |
| 0JOT | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 2002 |
Biography
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2019, the company operated a fleet of 63 Airbus A321 aircraft, 6 Airbus A321 neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 99 destinations in the 30 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 21 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/11 23:56 |
| End of Day Share Price | 2020/07/10 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.