JetBlue Airways Corporation (JBLU): Today's Featured Transportation Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

JetBlue Airways Corporation ( JBLU) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 0.5%. By the end of trading, JetBlue Airways Corporation fell $0.15 (-1.6%) to $8.94 on average volume. Throughout the day, 6,862,966 shares of JetBlue Airways Corporation exchanged hands as compared to its average daily volume of 5,372,900 shares. The stock ranged in price between $8.91-$9.15 after having opened the day at $8.95 as compared to the previous trading day's close of $9.09. Other companies within the Transportation industry that declined today were: Seanergy Maritime Holdings ( SHIP), down 13.0%, Newlead Holdings ( NEWL), down 10.9%, Globus Maritime ( GLBS), down 6.7% and China Southern Airlines Company ( ZNH), down 5.2%.

JetBlue Airways Corporation, a passenger airline company, provides air transportation services. JetBlue Airways Corporation has a market cap of $2.5 billion and is part of the services sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 55.4% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates JetBlue Airways Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates JetBlue Airways Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, YRC Worldwide ( YRCW), up 15.2%, Eagle Bulk Shipping ( EGLE), up 7.3%, Republic Airways Holdings ( RJET), up 5.9% and Diana Shipping ( DSX), up 5.0% , were all gainers within the transportation industry with J.B. Hunt Transport Services ( JBHT) being today's featured transportation industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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