NasdaqGS:JBLU

Stock Analysis Report

Executive Summary

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services.

Snowflake

Fundamentals

Adequate balance sheet and fair value.


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


Market Performance


7 Day Return

-2.7%

JBLU

-2.4%

US Airlines

-0.6%

US Market


1 Year Return

-14.9%

JBLU

-6.3%

US Airlines

0.7%

US Market

JBLU underperformed the Airlines industry which returned -6.3% over the past year.

JBLU underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

JBLUIndustryMarket
7 Day-2.7%-2.4%-0.6%
30 Day-6.1%3.2%2.9%
90 Day-9.0%3.1%1.3%
1 Year-14.9%-14.9%-4.9%-6.3%2.9%0.7%
3 Year-2.0%-2.0%44.7%39.1%44.6%35.2%
5 Year59.9%59.9%65.0%55.6%61.9%44.2%

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

1 month ago | Simply Wall St

Is There Now An Opportunity In JetBlue Airways Corporation (NASDAQ:JBLU)?

Valuation

Is JetBlue Airways undervalued based on future cash flows and its price relative to the stock market?

11.75x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

JetBlue Airways's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

JetBlue Airways's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

JetBlue Airways is overvalued based on earnings compared to the US Airlines industry average.

JetBlue Airways is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

JetBlue Airways is good value based on expected growth next year.


Price Based on Value of Assets

JetBlue Airways is good value based on assets compared to the US Airlines industry average.


Next Steps

Future Growth

How is JetBlue Airways expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

18.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

JetBlue Airways's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).

JetBlue Airways's earnings are expected to grow by 18.4% yearly, however this is not considered high growth (20% yearly).

JetBlue Airways's revenue growth is positive but not above the United States of America market average.

JetBlue Airways's earnings growth is expected to exceed the United States of America market average.

JetBlue Airways's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

JetBlue Airways is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has JetBlue Airways performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

JetBlue Airways's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

JetBlue Airways's 1-year earnings growth is negative, it can't be compared to the 5-year average.

JetBlue Airways's 1-year earnings growth is negative, it can't be compared to the US Airlines industry average.


Return on Equity

JetBlue Airways has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

JetBlue Airways used its assets less efficiently than the US Airlines industry average last year based on Return on Assets.


Return on Capital Employed

JetBlue Airways's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is JetBlue Airways's financial position?


Financial Position Analysis

JetBlue Airways's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

JetBlue Airways's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

JetBlue Airways's level of debt (29.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (103.1% vs 29.7% today).

Debt is well covered by operating cash flow (105%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

What is JetBlue Airways's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate JetBlue Airways's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate JetBlue Airways's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as JetBlue Airways has not reported any payouts.

Unable to verify if JetBlue Airways's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as JetBlue Airways has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of JetBlue Airways's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of JetBlue Airways's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Robin Hayes (52yo)

4.6yrs

Tenure

US$3,585,420

Compensation

Mr. Robin Hayes has been the Chief Executive Officer of JetBlue Airways Corporation since February 16, 2015 and served as its President since January 1, 2014. Mr. Hayes served as the Chief Commercial Offic ...


CEO Compensation Analysis

Robin's remuneration is lower than average for companies of similar size in United States of America.

Robin's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.8yrs

Average Tenure

48yo

Average Age

The average tenure for the JetBlue Airways management team is less than 2 years, this suggests a new team.


Board Age and Tenure

9.5yrs

Average Tenure

59yo

Average Age

The tenure for the JetBlue Airways board of directors is about average.


Insider Trading

JetBlue Airways individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$44,16409 Aug 19
Stephen Priest
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,335
Max PriceUS$18.91
SellUS$58,27701 Aug 19
Brandon Nelson
EntityIndividual
Role
Chief Legal Officer
General Counsel & Corporate Secretary
Shares3,000
Max PriceUS$19.43

Ownership Breakdown


Management Team

  • Joanna Geraghty (46yo)

    President & COO

    • Tenure: 1.3yrs
    • Compensation: US$1.93m
  • David Fintzen

    Director of Investors Relation

    • Tenure: 0yrs
  • Robin Hayes (52yo)

    CEO & Director

    • Tenure: 4.6yrs
    • Compensation: US$3.59m
  • Brandon Nelson (44yo)

    General Counsel & Corporate Secretary

    • Tenure: 1.3yrs
  • Dave Clark

    Vice President of Sales & Revenue Management

    • Tenure: 2.6yrs
  • Eash Sundaram (48yo)

    Chief Digital & Technology Officer

    • Tenure: 1.8yrs
    • Compensation: US$1.16m
  • Alexander Chatkewitz (54yo)

    VP, Controller & Chief Accounting Officer

    • Tenure: 4.8yrs
    • Compensation: US$515.73k
  • Steve Priest (48yo)

    Chief Financial Officer

    • Tenure: 2.6yrs
    • Compensation: US$1.50m
  • Doug McGraw

    Chief Communications Officer

    • Tenure: 1.5yrs
  • Elizabeth Windram

    Vice President of Marketing

    • Tenure: 1.5yrs

Board Members

  • Frank Sica (68yo)

    Vice Chairman

    • Tenure: 11.3yrs
    • Compensation: US$175.00k
  • Virginia Gambale (59yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$200.00k
  • Peter Boneparth (59yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$212.59k
  • Joel Clinton Peterson (72yo)

    Chairman

    • Tenure: 11.3yrs
    • Compensation: US$228.75k
  • Ellen Jewett (60yo)

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: US$187.50k
  • Stephan Gemkow (59yo)

    Independent Director

    • Tenure: 11.1yrs
    • Compensation: US$175.00k
  • Teri McClure (55yo)

    Independent Director

    • Tenure: 0.2yrs
  • Thomas Winkelmann (60yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$183.33k
  • Robin Hayes (52yo)

    CEO & Director

    • Tenure: 4.6yrs
    • Compensation: US$3.59m
  • Sarah O’Hagan (46yo)

    Independent Director

    • Tenure: 1.1yrs
    • Compensation: US$68.33k

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$5.013b
  • Shares outstanding: 296.27m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JBLUNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 2002
JAWDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2002
JBLU *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNApr 2002
0JOTLSE (London Stock Exchange)YesCommon StockGBUSDApr 2002

Biography

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2018, the company operated a fleet of 63 Airbus A321 aircraft, 130 Airbus A320 aircraft, a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 23:39
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.