JBLU stock: buy or sell?

JBLU stock price: $19.02 -0.63% At close on December 6th, 2019

Updated on:
December 6th, 2019

3

JetBlue Airways ended on Dec/6 at $19.02 and depreciated a bad -0.63%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, JetBlue Airways stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is JetBlue Airways stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 14 ratings published for JBLU stock in the last 30 days.

Is JBLU a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6Buckingham Researchn/aNeutral
2019-9-12Cowenn/aMarket Perform
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

JBLU stock analysis

Daily outlook

JetBlue Airways ended on Dec/6 at $19.02 and depreciated a bad -0.63%.

JetBlue Airways shares depreciated -0.63% to $19.02 on December 6th. Since price and SMA200d lines crossed up on October, JBLU climbed $1.50 (8.56%). For the last 6 days when SMA50d and SMA100d crossed up, JBLU price slipped $-0.25 per share (-1.30%).

JBLU stock chart (daily)

Weekly outlook

Shares of JetBlue Airways ended this week at $19.02 and declined a disappointing -1.30%. Late October JBLU rocketed a super good 9.59% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $19.93 resistance. Since late October when JBLU stock price broke up the SMA40w line, it gained $2.06 (12.15%). Late June, SMA20w and SMA40w crossed up triggering a rise of 2.31%.

JBLU stock chart (weekly)

JBLU stock price history

JBLU stock went public on April 12th, 2002 with a price of $11.121. Since then, JBLU stock surged a 71.00%, with an average of 4.20% per year. If you had invested right after JBLU's IPO a $1,000 in JBLU stock in 2002, it would worth $710.00 today.

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

JBLU stock historical price chart

JBLU stock reached 52-week highs on Nov 7th at $19.93, and all-time highs 2003-10-09 with a price of 31.43.

JBLU stock price target is $21.80

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 10 price forecasts for JetBlue Airways stock:
JBLU stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6Buckingham ResearchLowers Target$21.00$18.00-14.3%
2019-9-12CowenLowers Target$20.00$19.00-5%
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%
(in average)$21.70$21.800.0%
Moving in a range from $26.00 and $16.00, the price target for JetBlue Airways stock is $21.80. In average, analysts' outlook on JBLU price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, JetBlue Airways . Unfortunately, reported EPS is not yet available in our database.
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

In 2018, JetBlue Airways annual turnover escalated a great 9.21% to $7,658.00 M dollars from $7,012.00 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) plunged a -13.59% to 2.45%.

To have an updated view 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 dollars. When comparing this TTM figures with the last reported annuality, we can review JetBlue Airways business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, grew a slightly fine 1.53%. In contrast, profit margin (net income/sales) remained constant at 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 million in revenues for 2019-Q1, a -4.93% decline compared to previous quarter. Reported quarter income marked $42.00 million with a profit margin of 2.24%. Profit margin slipped a -6.34% compared to previous quarter when profit margin was 8.59%. When comparing turnover to same quarter last year, JetBlue Airways sales marked a very good gain and jumped 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 company, 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.

The following table compares ownership indicators for other stocks related to JetBlue Airways:

JBLUAALALGTALKDAL
Market cap$5.5 B$12.1 B$2.8 B$8.4 B$36.3 B
Total shares288.7 M438.1 M16.3 M123.2 M646.7 M
Float shares287.8 M389.0 M11.4 M122.7 M571.2 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

Friday, December 6th, 2019
Open$19.25
Close$19.02
Day range$18.88 - $19.42
Previous close$19.14
Session gain-0.63%
Average true range$0.38
50d mov avg$18.41
100d mov avg$18.20
200d mov avg$17.93
Daily pattern
Weekly pattern lb02a

JetBlue Airways performance

To better understand JetBlue Airways performance you must becnhmark its gains with other related stocks in same sector or industry. For JetBlue Airways, the benchmark is made against American Airlines, Allegiant Travel, Alaska Air, Delta Air Lines, Hawaiian, Southwest Airlines, Spirit Airlines, SkyWest and United Continental.
Stock3m6m12m
JBLUJetBlue Airways14.10%3.93%6.32%
AALAmerican Airlines0.11%-9.70%-16.38%
ALGTAllegiant Travel17.13%21.91%38.11%
ALKAlaska Air8.82%14.09%7.51%
DALDelta Air Lines-2.45%3.35%2.84%
HAHawaiian24.10%18.07%-0.30%
LUVSouthwest Airline...7.29%11.46%10.05%
SAVESpirit Airlines5.80%-20.18%-34.29%
SKYWSkyWest11.33%5.29%28.22%
UALUnited Continenta...2.64%6.38%0.40%

JetBlue Airways competitors

We selected a few stocks to conform a list of JetBlue Airways competitors to examine if you are interested in investing in JBLU: