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 $226.0 million.
  • JBLU traded 89,914 shares today in the pre-market hours as of 8:02 AM.
  • JBLU is up 3% today from Friday'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 18. Currently there are 7 analysts that rate JetBlue Airways a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Recommends

The average volume for JetBlue Airways has been 7.8 million shares per day over the past 30 days. JetBlue Airways has a market cap of $7.8 billion and is part of the services sector and transportation industry. The stock has a beta of 0.76 and a short float of 10.9% with 3.38 days to cover. Shares are up 57.4% year-to-date as of the close of trading on Friday.

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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, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

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 slightly increased by 8.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Net operating cash flow has significantly increased by 65.29% to $362.00 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 44.68%.
  • 37.78% is the gross profit margin for JETBLUE AIRWAYS CORP which we consider to be strong. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, JBLU's net profit margin of 9.42% significantly trails the industry average.
  • The debt-to-equity ratio is somewhat low, currently at 0.73, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.48 is very weak and demonstrates a lack of ability to pay short-term obligations.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Airlines industry and the overall market on the basis of return on equity, JETBLUE AIRWAYS CORP has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.

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