JetBlue Airways Corporation (JBLU): Today's Featured Transportation Winner

JetBlue Airways Corporation (JBLU) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.5%. By the end of trading, JetBlue Airways Corporation rose 15 cents (3.3%) to $4.75 on average volume. Throughout the day, 6.2 million shares of JetBlue Airways Corporation exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in a price between $4.55-$4.78 after having opened the day at $4.63 as compared to the previous trading day's close of $4.60. Other companies within the Transportation industry that increased today were: Overseas Shipholding Group (OSG), up 9.7%, Ship Finance International (SFL), up 9.6%, Ultrapetrol Bahamas (ULTR), up 8.7%, and Covenant Transportation Group (CVTI), up 8.6%.

JetBlue Airways Corporation provides passenger air transportation services in the United States. JetBlue Airways Corporation has a market cap of $1.27 billion and is part of the services sector. The company has a P/E ratio of 12.4, below the average transportation industry P/E ratio of 12.8 and below the S&P 500 P/E ratio of 17.7. Shares are down 11.5% year to date as of the close of trading on Thursday. Currently there are four analysts that rate JetBlue Airways Corporation a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates JetBlue Airways Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself.

• You can view the full JetBlue Airways Ratings Report.

On the negative front, Euroseas (ESEA), down 8.2%, FreeSeas (FREE), down 7.3%, Newlead Holdings (NEWL), down 4.7%, and Frozen Food Express Industries (FFEX), down 4%, were all losers within the transportation industry with Kansas City Southern (KSU) being today's transportation industry loser.

• Use our transportation section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation (IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on JetBlue Airways Corporation click any of the following:

• JetBlue Airways Corporation Stock Price

• JetBlue Airways Corporation Analyst Ratings

• JetBlue Airways Corporation Key Stats & Profile

• JetBlue Airways Corporation Earnings

• JetBlue Airways Corporation Ratio Comparison

• JetBlue Airways Corporation Growth Rates

• JetBlue Airways Corporation Balance Sheet

• JetBlue Airways Corporation Cash Flow

• JetBlue Airways Corporation Income Statement