JetBlue Airways Corp

Find Ratings Reports
JBLU : NASDAQ : Services
$18.33 | %
Today's Range: 18.28 - 18.93
Avg. Daily Volume: 6,164,000
07/29/16 - 4:00 PM ET

Financial Analysis


JETBLUE AIRWAYS CORP's gross profit margin for the second quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago.

At the same time, stockholders' equity ("net worth") has greatly increased by 30.46% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q2 FY16 Q2 FY15
Net Sales ($mil)1644.01612.0
EBITDA ($mil)0.0353.0
EBIT ($mil)313.0282.0
Net Income ($mil)181.0152.0


Balance Sheet Q2 FY16 Q2 FY15
Cash & Equiv. ($mil)0.0915.0
Total Assets ($mil)9458.08317.0
Total Debt ($mil)1746.02032.0
Equity ($mil)3644.02793.0


Profitability Q2 FY16 Q2 FY15
Gross Profit Margin36.4437.78
EBITDA Margin0.021.89
Operating Margin19.0417.49
Sales Turnover0.690.73
Return on Assets8.125.48
Return on Equity21.0716.32
Debt Q2 FY16 Q2 FY15
Current Ratio0.00.64
Debt/Capital0.320.42
Interest Expense28.032.0
Interest Coverage11.188.81


Share Data Q2 FY16 Q2 FY15
Shares outstanding (mil)322.16314.81
Div / share0.00.0
EPS0.530.44
Book value / share11.318.87
Institutional Own % n/a n/a
Avg Daily Volume6198338.07151242.0

Valuation


BUY. The current P/E ratio indicates a premium compared to an average of 7.43 for the Airlines industry and a significant discount compared to the S&P 500 average of 25.10. For additional comparison, its price-to-book ratio of 1.65 indicates a discount versus the S&P 500 average of 2.81 and a discount versus the industry average of 3.03. The current price-to-sales ratio is well below the S&P 500 average and is also below the industry average, indicating a discount.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
JBLU 8.26 Peers 7.43   JBLU NA Peers 4.86

Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.

JBLU is trading at a premium to its peers.

 

Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures.

Ratio not available.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
JBLU 9.11 Peers 10.53   JBLU 1.09 Peers 1.23

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

JBLU is trading at a discount to its peers.

 

Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

JBLU trades at a discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
JBLU 1.65 Peers 3.03   JBLU 68.65 Peers 119.95

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

JBLU is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, JBLU is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
JBLU 0.92 Peers 1.03   JBLU 7.05 Peers 3.77

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

JBLU is trading at a discount to its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

JBLU has a sales growth rate that significantly exceeds its peers.

 

 

Latest Stock Upgrades/Downgrades