Jetblue Airways Corp Stock Today
| JBLU Stock | USD 5.77 0.02 0.35% |
Performance0 of 100
| Odds Of DistressLess than 38
|
JetBlue Airways is selling for under 5.77 as of the 12th of May 2024; that is 0.35 percent increase since the beginning of the trading day. The stock's last reported lowest price was 5.65. JetBlue Airways has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for JetBlue Airways Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of February 2024 and ending today, the 12th of May 2024. Click here to learn more.
JetBlue Airways Corporation provides air passenger transportation services. The company was incorporated in 1998 and is based in Long Island City, New York. Jetblue Airways operates under Airlines classification in the United States and is traded on NASDAQ Exchange. The company has 340.14 M outstanding shares of which 53.98 M shares are currently shorted by private and institutional investors with about 3.87 trading days to cover. More on JetBlue Airways Corp
Moving against JetBlue Stock
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Follow Valuation Odds of Bankruptcy
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JetBlue Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. JetBlue Airways' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JetBlue Airways or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Robin Hayes |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Passenger Airlines, Transportation, Industrials, NASDAQ Composite, SP Small-Cap 600, ARCA Airline, Dow Jones Transportation, Dow Jones Composite, NASDAQ Composite Total, Airlines, Impulse, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors) |
JetBlue Airways Corp (JBLU) is traded on NASDAQ Exchange in USA. It is located in 27-01 Queens Plaza North, Long Island City, NY, United States, 11101 and employs 20,222 people. JetBlue Airways is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate JetBlue Airways's market, we take the total number of its shares issued and multiply it by JetBlue Airways's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. JetBlue Airways Corp conducts business under Passenger Airlines sector and is part of Industrials industry. The entity has 340.14 M outstanding shares of which 53.98 M shares are currently shorted by private and institutional investors with about 3.87 trading days to cover.
JetBlue Airways Corp currently holds about 2.48 B in cash with 400 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check JetBlue Airways Probability Of Bankruptcy
Ownership AllocationJetBlue Airways secures a total of 340.14 Million outstanding shares. The majority of JetBlue Airways Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in JetBlue Airways to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in JetBlue Airways Corp. Please pay attention to any change in the institutional holdings of JetBlue Airways Corp as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check JetBlue Ownership Details
JetBlue Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of JetBlue Airways jumping above the current price in 90 days from now is under 95%. The JetBlue Airways Corp probability density function shows the probability of JetBlue Airways stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days JetBlue Airways Corp has a beta of -0.2999. This indicates as returns on the benchmark increase, returns on holding JetBlue Airways are expected to decrease at a much lower rate. During a bear market, however, JetBlue Airways Corp is likely to outperform the market. Additionally, jetBlue Airways Corp has an alpha of 0.0317, implying that it can generate a 0.0317 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of JetBlue Airways to move above the current price in 90 days from now is under 95 (This JetBlue Airways Corp probability density function shows the probability of JetBlue Stock to fall within a particular range of prices over 90 days) .
JetBlue Airways Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. JetBlue Airways market risk premium is the additional return an investor will receive from holding JetBlue Airways long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JetBlue Airways. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although JetBlue Airways' alpha and beta are two of the key measurements used to evaluate JetBlue Airways' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0113 | |||
| Jensen Alpha | 0.0317 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0.01) |
JetBlue Stock Against Markets
Picking the right benchmark for JetBlue Airways stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JetBlue Airways stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JetBlue Airways is critical whether you are bullish or bearish towards JetBlue Airways Corp at a given time. Please also check how JetBlue Airways' historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
JetBlue Airways Corporate Management
Elected by the shareholders, the JetBlue Airways' board of directors comprises two types of representatives: JetBlue Airways inside directors who are chosen from within the company, and outside directors, selected externally and held independent of JetBlue. The board's role is to monitor JetBlue Airways' management team and ensure that shareholders' interests are well served. JetBlue Airways' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, JetBlue Airways' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ursula Hurley | Chief Officer | Profile | |
| Doug McGraw | Chief Officer | Profile | |
| David Fintzen | Director Relation | Profile | |
| David Clark | Head Planning | Profile | |
| Warren Christie | Chief Officer | Profile | |
| Brandon Nelson | General Counsel, Corporate Secretary | Profile |
How to buy JetBlue Stock?
Before investing in JetBlue Airways, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in JetBlue Airways. To buy JetBlue Airways stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of JetBlue Airways. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase JetBlue Airways stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located JetBlue Airways Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased JetBlue Airways Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as JetBlue Airways Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy JetBlue Stock please use our How to Invest in JetBlue Airways guide.
Already Invested in JetBlue Airways Corp?
The danger of trading JetBlue Airways Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of JetBlue Airways is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than JetBlue Airways. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JetBlue Airways Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether JetBlue Airways Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JetBlue Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for JetBlue Stock analysis
When running JetBlue Airways' price analysis, check to measure JetBlue Airways' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JetBlue Airways is operating at the current time. Most of JetBlue Airways' value examination focuses on studying past and present price action to predict the probability of JetBlue Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetBlue Airways' price. Additionally, you may evaluate how the addition of JetBlue Airways to your portfolios can decrease your overall portfolio volatility.
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Is JetBlue Airways' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetBlue Airways. If investors know JetBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetBlue Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.