Trade-Ideas LLC identified

JetBlue Airways

(

JBLU

) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified JetBlue Airways as such a stock due to the following factors:

  • JBLU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $189.9 million.
  • JBLU traded 14,300 shares today in the pre-market hours as of 7:45 AM.
  • JBLU is up 4% today from yesterday's close.

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More details on JBLU:

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts. JBLU has a PE ratio of 13. Currently there are 6 analysts that rate JetBlue Airways a buy, no analysts rate it a sell, and 5 rate it a hold.

TST Recommends

The average volume for JetBlue Airways has been 6.5 million shares per day over the past 30 days. JetBlue Airways has a market cap of $6.8 billion and is part of the services sector and transportation industry. The stock has a beta of 0.61 and a short float of 7.7% with 2.80 days to cover. Shares are down 4.7% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates JetBlue Airways as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 7.5%. Since the same quarter one year prior, revenues rose by 10.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • JETBLUE AIRWAYS CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, JETBLUE AIRWAYS CORP increased its bottom line by earning $1.19 versus $0.51 in the prior year. This year, the market expects an improvement in earnings ($1.93 versus $1.19).
  • 40.96% is the gross profit margin for JETBLUE AIRWAYS CORP which we consider to be strong. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of 11.73% trails the industry average.
  • Net operating cash flow has significantly increased by 120.76% to $404.00 million when compared to the same quarter last year. Despite an increase in cash flow of 120.76%, JETBLUE AIRWAYS CORP is still growing at a significantly lower rate than the industry average of 173.77%.
  • Powered by its strong earnings growth of 141.66% and other important driving factors, this stock has surged by 36.25% over the past year, outperforming the rise in the S&P 500 Index during the same period. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.

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