JetBlue Airways Corp

Find Ratings Reports
JBLU : NASDAQ : Services
$21.02 up 0.12 | 0.57%
Today's Range: 20.835 - 21.18
Avg. Daily Volume: 6346900.0
12/06/16 - 1:41 PM ET

Financial Analysis


JETBLUE AIRWAYS CORP's gross profit margin for the third 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. JETBLUE AIRWAYS CORP has weak liquidity. Currently, the Quick Ratio is 0.64 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.

At the same time, stockholders' equity ("net worth") has greatly increased by 27.47% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

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 Q3 FY16 Q3 FY15
Net Sales ($mil)1731.01687.0
EBITDA ($mil)440.0423.0
EBIT ($mil)354.0351.0
Net Income ($mil)199.0198.0


Balance Sheet Q3 FY16 Q3 FY15
Cash & Equiv. ($mil)1454.01132.0
Total Assets ($mil)9579.08594.0
Total Debt ($mil)1689.01982.0
Equity ($mil)3846.03017.0


Profitability Q3 FY16 Q3 FY15
Gross Profit Margin41.7740.96
EBITDA Margin25.4125.07
Operating Margin20.4520.81
Sales Turnover0.690.73
Return on Assets8.026.69
Return on Equity19.9919.05
Debt Q3 FY16 Q3 FY15
Current Ratio0.80.73
Debt/Capital0.310.4
Interest Expense28.032.0
Interest Coverage12.6410.97


Share Data Q3 FY16 Q3 FY15
Shares outstanding (mil)323.73315.06
Div / share0.00.0
EPS0.580.58
Book value / share11.889.58
Institutional Own % n/a n/a
Avg Daily Volume6175820.05971317.0

Valuation


BUY. This stock's P/E ratio indicates a discount compared to an average of 9.79 for the Airlines industry and a significant discount compared to the S&P 500 average of 25.16. To use another comparison, its price-to-book ratio of 1.75 indicates a discount versus the S&P 500 average of 2.79 and a significant discount versus the industry average of 3.36. The current price-to-sales ratio is well below the S&P 500 average and is also below the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, JETBLUE AIRWAYS CORP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
JBLU 9.18 Peers 9.79   JBLU 4.21 Peers 5.88

Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.

JBLU is trading at a valuation on par with its peers.

 

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

JBLU is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
JBLU 10.47 Peers 12.21   JBLU 1.17 Peers 1.32

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 1.75 Peers 3.36   JBLU 34.52 Peers 20.30

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.

 

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

JBLU is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
JBLU 1.02 Peers 1.21   JBLU 5.05 Peers 2.55

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