JBLU stock: buy or sell?

JBLU stock price: $18.34 -0.33% At close on August 19th, 2019

Updated on:
August 19th, 2019

2

JetBlue Airways closed today at $18.34 and stayed stable an ugly -0.33%.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2017, the company operated a fleet of 53 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft.

Should I buy JBLU stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with JetBlue Airways stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean JBLU will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is JetBlue Airways stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 15 ratings published for JBLU stock in the last month.

The general sentiment of these ratings is bullish for JBLU stock, with 8 positive ratings.
Is JBLU a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-8Credit Suisse GroupUnderperformNeutral
2019-7-24Credit Suisse Groupn/aNeutral
2019-7-16Buckingham Researchn/aNeutral
2019-6-7Vertical ResearchHoldBuy
2019-6-20Imperial CapitalOutperformOutperform
2019-6-20Imperial Capitaln/aOutperform
2019-6-11CitigroupNeutralBuy
2019-4-4Bank of AmericaUnderperformUnderperform
2019-3-8Imperial CapitalOutperformOutperform
2019-3-8Imperial Capitaln/aOutperform
2019-3-11BarclaysOverweightEqual Weight
2019-2-4Vertical Researchn/aHold
2019-1-9Imperial CapitalOutperformOutperform
2019-1-9Imperial CapitalOutperformOutperform
2019-1-10JPMorgan Chase & Co.OverweightNeutral

JBLU stock analysis

Daily outlook

JetBlue Airways shares stayed constant -0.33% to $18.34 today.

JetBlue Airways shares stayed steady -0.33% to $18.34 today. Since SMA100d and SMA200d crossed up on July/10, JBLU price slid a -3.42%. Since price and SMA200d lines crossed up on June, JBLU climbed $1.10 (6.38%).

JBLU stock chart (daily)

Weekly outlook

After sliding a chilling -5.71% in a week last week, JetBlue Airways closed this week at $18.34 and stayed stable an unpleasant -0.33%.

Since late June when SMA20w and SMA40w crossed up, JBLU price slipped $-0.25 per share (-1.34%). Since price and SMA40w lines crossed up early June, JBLU climbed $1.11 (6.44%).

JBLU stock chart (weekly)

JBLU stock price history

JBLU IPO was on April 12th, 2002 at $11.12 per share1. Since then, JBLU stock grew a 64.90%, with a yearly average of 3.80%. If you had invested $1,000 in JBLU stock in 2002, it would worth $649.00 today.

1: Adjusted price after possible price splits or reverse-splits.

JBLU stock historical price chart

JBLU stock reached 52-week highs on September at $20.14, and all-time highs 2003-10-09 with a price of 31.43.

JBLU stock price target is $23.10

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 10 price forecasts for JBLU stock published in the last month:
JBLU stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-24Credit Suisse GroupRaises Target$19.00$20.005.3%
2019-7-16Buckingham ResearchRaises Target$20.00$21.005%
2019-6-20Imperial CapitalReiterates$24.00$26.008.3%
2019-6-20Imperial CapitalRaises Target$24.00$26.008.3%
2019-6-11CitigroupUpgrades$19.50$26.0033.3%
2019-4-4Bank of AmericaReiterates$19.00$16.00-15.8%
2019-3-8Imperial CapitalReiterates$25.00$23.00-8%
2019-3-8Imperial CapitalLowers Target$25.00$23.00-8%
2019-1-9Imperial CapitalReiterates$27.00$25.00-7.4%
2019-1-9Imperial CapitalLowers Target$27.00$25.00-7.4%
(in average)$23.00$23.100.0%
Moving in a range from $26.00 and $16.00, the price prediction for JetBlue Airways stock is $23.10. In average, analysts' outlook on JBLU price forecast is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when JetBlue Airways posted its last earnings report, it jumped a shining 8.14%. As soon as we get its posted EPS from the earnings report, we will extend this review.
JBLU earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.64n/a
2017-Q32017-10-240.530.553.8%
2017-Q42018-01-250.340.32-5.9%
2018-Q12018-04-240.220.2722.7%
2018-Q22018-07-240.360.385.6%
2018-Q32018-10-230.420.432.4%
2018-Q42019-01-240.420.519.0%
2019-Q12019-04-220.24n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a wonderful growth of 9.21% to $7,658.00 million dollars. However, its profit margin (compared to sales) collapsed to 2.45%, that is $188.00 million.

To have an updated picture of the financial situation of JetBlue Airways, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual JetBlue Airways TTM sales up to March 2019 were $7,775.00 and earnings were $141.00 M USD. If we compare this TTM figures with the last reported annuality, we can esteem JetBlue Airways business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, gained a slightly good 1.53%. Regarding profit margin, JetBlue Airways remained stable -0.64% to 2.45%

JBLU annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5,440 M-$168 M3.1%-
2014$5,817 M6.93%$401 M6.9%138.69%
2015$6,416 M10.30%$677 M10.6%68.83%
2016$6,632 M3.37%$759 M11.4%12.11%
2017$7,012 M5.73%$1,125 M16.0%48.22%
2018$7,658 M9.21%$188 M2.5%-83.29%
TTM $7,775 M1.53%$141 M1.8%-25.00%

Quarterly financial results

JetBlue Airways reported $1,871.00 M in sales for 2019-Q1, a -4.93% less compared to previous quarter. Reported quarter income marked $42.00 million with a profit margin of 2.24%. Profit margin eased a -6.34% compared to previous quarter when profit margin was 8.59%. When comparing sales to same quarter last year, JetBlue Airways sales marked an excellent gain and soared a 6.67%. Looking back to recent quarterly results, JetBlue Airways posted 2 positive quarters in a row.
JBLU quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,840 M-$211 M11.5%-
2017-Q3$1,810 M-1.63%$179 M9.9%-15.17%
2017-Q4$1,761 M-2.71%$677 M38.4%278.21%
2018-Q1$1,754 M-0.40%$88 M5.0%-87.00%
2018-Q2$1,928 M9.92%$-120 M-6.2%-236.36%
2018-Q3$2,008 M4.15%$50 M2.5%-141.67%
2018-Q4$1,968 M-1.99%$169 M8.6%238.00%
2019-Q1$1,871 M-4.93%$42 M2.2%-75.15%

JetBlue Airways ownership

When you are planning to buy a stock, it's always worth to overview its ownership structure.

JetBlue Airways shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.78% of all shares.

Bearish positions for JBLU stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

JBLUAALALGTALKDAL
Market cap$5.7 B$11.9 B$2.3 B$0.0 M$38.0 B
Total shares312.9 M460.6 M16.3 M0.0 M654.7 M
Float shares295.3 M396.1 M11.4 M122.8 M574.5 M
  - Institutional holdings (%)94.7%7.8%81.5%89.7%0.0%
  - Insider holdings (%)0.8%39.8%20.8%0.4%49.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

JBLU summary

Monday, August 19th, 2019
Open$18.55
Close$18.34
Day range$18.33 - $18.62
Previous close$18.40
Session gain-0.33%
Average true range$0.45
50d mov avg$18.97
100d mov avg$18.26
200d mov avg$17.80
Daily pattern
Weekly pattern

JetBlue Airways performance

To better understand JetBlue Airways performance you must compare its gains with other related stocks in same sector or industry. We compared JetBlue Airways against American Airlines, Allegiant Travel, Alaska Air, Delta Air Lines, Hawaiian, Southwest Airlines, Spirit Airlines, SkyWest and United Continental in the following table:
Stock3m6m12m
JBLUJetBlue Airways4.98%6.50%-1.56%
AALAmerican Airlines-18.46%-25.95%-30.93%
ALGTAllegiant Travel-0.03%3.64%6.95%
ALKAlaska Air-2.71%-8.48%-5.21%
DALDelta Air Lines6.42%15.85%7.01%
HAHawaiian-7.76%-21.07%-41.21%
LUVSouthwest Airline...-4.32%-13.12%-15.54%
SAVESpirit Airlines-19.40%-37.73%-14.09%
SKYWSkyWest-6.41%0.34%-8.19%
UALUnited Continenta...1.77%-6.08%1.13%

JetBlue Airways competitors

One check before trading any stock is to have a look a list of its competitors, in this case for JetBlue Airways. We picked 9 companies as JetBlue Airways competitors as they are in the same industry or have similar market objectives.