JetBlue Airways Corporation (JBLU) Stock: Is This Service Sector Stock Worth Your Attention?

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JetBlue Airways Corporation (JBLU) is trending up in the market today. The stock, one that is focused on the service industry, is presently trading at $15.93 after heading up -2.27% so far in today’s session. When it comes to service sector stocks, there are several aspects that have the potential to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines centered around JBLU:

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Mar-22-19 04:06AM Stocks – Nike, Tiffany Fall in Premarket; Best Buy Rises
Mar-20-19 02:56PM JetBlue continues to ramp up promotions, including one-way $44 tickets
11:00AM JetBlues Future Lands Today as Airline Introduces All-New, Ultra-Comfortable and Fully Connected Core Experience on Airbus A320 Aircraft
Mar-18-19 11:07PM American scores win over JetBlue with government decision
Mar-15-19 10:10AM The Zacks Analyst Blog Highlights: Alaska Air, JetBlue Airways, GOL Linhas, Hawaiian Holdings and SkyWest

However, any time investors are making an investing decision, investors should take a look at much more than news, this is especially the case in the ever complex service space. Here’s what’s happening with JetBlue Airways Corporation.

How JBLU Has Been Trending

Although a move toward the top in a single session, like what we’re seeing from JetBlue Airways Corporation may make some investors unhappy, a single session move by itself should not be the basis of a decision to, or not to, buy a company’s stock. It’s generally smart to look into trends experienced by the stock further out than a single session. As it relates to JBLU, below are the returns that we have seen:

  • Weekly – In the past 5 trading sessions, JBLU has produced a change in price amounting to -4.84%.
  • Past 30 Days – The monthly ROI from JetBlue Airways Corporation has been -8.92%.
  • Past Quarter – Over the past three months, the stock has produced a return on investment that comes to -3.98%
  • Past 6 Months – Over the previous 6 months, investors have seen a performance of -19.91% from the company.
  • This Year So Far – Since the the first trading session of this year JBLU has generated a ROI of -0.81%.
  • Full Year – Finally, throughout the past full year, investors have seen performance of -26.86% out of JBLU. Over this period of time, the stock has sold at a high price of -27.16% and a low price of 4.87%.

Ratios To Pay Attention To

Digging into a few key ratios having to do with a stock can give prospective traders an understanding of how dangerous and/or rewarding a stock pick might be. Here are a few of the key ratios to consider when digging into JBLU.

Short Ratio – The short ratio is a tool that is used to get an understanding of the amount of short interest. As the ratio goes higher, it shows that more investors believe that the stock is headed for the top. Throughout the sector, strong service stocks can come with a lower short ratio. However, we tend to see quite a few short squeezes in the sector. Nonetheless, as it relates to JetBlue Airways Corporation, the stock’s short ratio amounts to 3.74.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure the company’s abilities to pay its debts when they mature based on current assets or quick assets. do have good quick and current ratios. As far as JBLU, the quick and current ratios add up to 0.60 and 0.60 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In the case of JetBlue Airways Corporation, that ratio is 15.01.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of the company’s stock. As it relates to JBLU, the cash to share value is 2.90.

What Institutions And Insiders Think Of JetBlue Airways Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in JBLU, here’s what we’re seeing:

  • Institutions – At the moment, institutions hold 93.00% of the company. Nonetheless, it’s worth mentioning that the ownership held by institutions has changed in the amount of 1.42% throughout the past 3 months.
  • Insiders – as it relates to insiders, those close to the situation currently own 0.60% of the company. Their ownership of the company has moved -0.54% in the past 3 months.

What Analysts Think About JetBlue Airways Corporation

While it’s never a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their opinions to validate your own when it comes to making an investment decision in the service industry. Here are the most recent moves that we have seen from analysts as it relates to JBLU.

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Mar-11-19 Downgrade Barclays Overweight → Equal Weight $27 → $20
Mar-08-19 Reiterated Imperial Capital Outperform $25 → $23
Feb-04-19 Initiated Vertical Research Hold $19
Jan-10-19 Downgrade JP Morgan Overweight → Neutral
Jan-09-19 Reiterated Imperial Capital Outperform $27 → $25

Financial Performance

What have ween seen from JBLU in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – Currently, analysts expect that JetBlue Airways Corporation will generate EPS coming to a total of 2.31, with 0.17 to be reported in the earnings announcement for the current quarter. Although this is not associated with earnings, because we’re chatting on the topic of Wall Street analysts, JetBlue Airways Corporation is currently graded as a 3.00 considering a scale that ranges from 1 to 5 where 1 is the worst possible Wall St. analyst rating and 5 is the best rating.
  • 5-Year Sales – Over the last half decade, JetBlue Airways Corporation has reported a change in sales volume that comes to a total of 7.10%. EPS over the past 5 years have generated movement in the amount of -0.30%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is often represented in the human world, JBLU has generated a earnings change by 42.40%. JBLU has also experienced movement when it comes to sales volume that comes to a total of 11.90%.

What You Need To Know About Share Counts

Traders and investors tend to be interested in the amounts of shares both outstanding and available. As it relates to JetBlue Airways Corporation, currently there are 305.99M with a float of 304.19M. These numbers mean that of the total of 305.99M shares of JBLU in existence today, 304.19M are available to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to JBLU, the short percent of the float is 5.53%.

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