|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||33.94 - 34.26|
|52 Week Range||28.81 - 37.65|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.25|
|Expense Ratio (net)||0.70%|
Small-cap value ETFs are riding high of late on the back of a dovish Fed, heightened trade war tensions, global growth worries, geopolitical risks, stronger dollar but a decently growing U.s. economy.
Given the problems JetBlue Airways (JBLU) is facing, none of the analysts have a “strong buy” recommendation on the stock as of September 24. 25% out of the 16 analysts tracking JBLU had a “buy” recommendation on the stock, 62.5% had a “hold” recommendation, 6.3% had a “sell” rating on the stock, and the remaining 6.3% had a “strong sell” rating on the stock.
Since JBLU’s traffic growth has outpaced its capacity growth, utilization has improved for the seventh straight month. JetBlue’s utilization improved by 1.6 percent points to 88.1% in August 2018. Year-to-date in August 2018, utilization improved by 1.0 percentage point to 86.3%.
JetBlue Airways’ capacity rose 4.8% YoY in August 2018, which was similar to its average in the first seven months at 4.7% YoY. Capacity growth has slowed down in the past few months. JetBlue recorded its lowest capacity growth of 0.1% YoY in January 2018, while the highest capacity growth for the year was in May at 7.6%.