Aflac, Gold Fields, JetBlue: Ratings Upgrades

JetBlue, Gold Fields and Aflac were upgraded by TheStreet.
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BOSTON (TheStreet) -- Here are three upgrades from TheStreet's quantitative stock model.

3.

The model upgraded

JetBlue Airways

(JBLU) - Get Report

to "hold."

Quarter

: JetBlue swung to a fourth-quarter profit of $11 million, or 4 cents a share, from a loss of $58 million, or 25 cents, a year earlier. Revenue climbed 2.6%. The operating margin widened to 7.1%. JetBlue has $1.1 billion of cash and $3.3 billion of debt.

Stock

: JetBlue has advanced 31% during the past year, lagging behind U.S. indices. The stock trades at a price-to-book ratio of 0.5 and a price-to-cash-flow ratio of 3.4, 46% and 58% discounts to industry averages. It's also cheap based on book value.

Consensus

: Of analysts covering JetBlue, seven recommend purchasing its shares and seven advise holding them.

Raymond James

(RJF) - Get Report

and

Barclays

(BCS) - Get Report

expect the stock to advance 39% to $8 from $5.76.

Citigroup

(C) - Get Report

predicts the stock will hit $7.

2.

The model upgraded

Gold Fields

(GFI) - Get Report

to "buy."

Quarter

: Fiscal second-quarter profit more than tripled to $187 million, or 26 cents, as revenue increased 50% to $1.1 billion. The operating margin rose from 20% to 25%. Gold Fields' balance sheet stores $239 million of cash and $1.1 billion of debt.

Stock

: Gold Fields has gained 25% during the past year, trailing major benchmarks. The stock sells for a PEG ratio, a measure of value relative to expected growth, of 0.1, a 77% discount to the industry average. A PEG ratio of less than 1 indicates a bargain.

Consensus

: Of researchers following Gold Fields, one rates the stock "buy", four rate it "hold" and one ranks it "sell."

HSBC

(HSBC) - Get Report

is neutral on the stock, but expects it to rise 14% to $15.

Bank of America

(BAC) - Get Report

rates Gold Fields "underperform."

1.

The model upgraded insurer

Aflac

(AFL) - Get Report

to "buy."

Quarter

: Fourth-quarter profit expanded 28% to $252 million, or 53 cents, as revenue climbed 7.9% to $4.6 billion. The operating margin stretched from 7.2% to 8%. Aflac has $3.1 billion of cash and $2.6 billion of debt for a debt-to-equity ratio of 0.3.

Stock

: Aflac has nearly tripled during the past year, outperforming indices. The stock trades at a price-to-projected-earnings ratio of 9.5 and a price-to-cash-flow ratio of 4.2, 21% and 57% discounts to industry averages. It's expensive based on book value.

Consensus

: Of firms rating Aflac, seven, or 37%, advocate purchasing its shares and 12 counsel holding them.

Morgan Stanley

(MS) - Get Report

expects the stock to hit $65, leaving a potential 16% gain.

Credit Suisse

(CS) - Get Report

predicts it will rise to $60.

Visit Stockpickr's

Ratings Upgrades Portfolio

and

Ratings Downgrades Portfolio

-- Reported by Jake Lynch in Boston.