JBLU - JetBlue Airways Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.82
-0.10 (-0.59%)
As of 10:17AM EDT. Market open.
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Previous Close16.92
Open16.90
Bid16.80 x 1800
Ask16.81 x 1200
Day's Range16.71 - 16.94
52 Week Range15.19 - 19.93
Volume558,007
Avg. Volume4,342,369
Market Cap4.882B
Beta (3Y Monthly)1.30
PE Ratio (TTM)11.69
EPS (TTM)1.44
Earnings DateOct 21, 2019 - Oct 25, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est20.67
Trade prices are not sourced from all markets
  • What Does JetBlue Airways Corporation's (NASDAQ:JBLU) P/E Ratio Tell You?
    Simply Wall St.

    What Does JetBlue Airways Corporation's (NASDAQ:JBLU) P/E Ratio Tell You?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • The 10 routes that generate the most revenue at RDU (Slideshow)
    American City Business Journals

    The 10 routes that generate the most revenue at RDU (Slideshow)

    With a whopping $80.6 million in revenue, it’s not a surprise to business travelers which of Raleigh-Durham International Airport’s routes is its top generator.

  • Mark Zuckerberg 'has so much control' that Facebook doesn't have good corporate governance: expert
    Yahoo Finance

    Mark Zuckerberg 'has so much control' that Facebook doesn't have good corporate governance: expert

    Facebook needs to step it up on the corporate governance front.

  • FedEx won't be the only earnings disaster this fall
    Yahoo Finance

    FedEx won't be the only earnings disaster this fall

    FedEx laid yet another egg in the most recent quarter thanks to challenging global economic conditions and its own missteps.

  • Boeing can rebuild trust after 737 Max debacle: JetBlue chairman
    Yahoo Finance

    Boeing can rebuild trust after 737 Max debacle: JetBlue chairman

    Boeing can repair its image, says JetBlue Chairman Joel Peterson.

  • Stock Market News For Sep 17, 2019
    Zacks

    Stock Market News For Sep 17, 2019

    Benchmarks closed in the negative territory on Monday after oil prices soar due to attack on Saudi oil production facilities.

  • Airline Stock Roundup: U.S.  Airfares Continue to Rise, JBLU, CPA, LTM in Focus
    Zacks

    Airline Stock Roundup: U.S. Airfares Continue to Rise, JBLU, CPA, LTM in Focus

    The increase in August passenger traffic at the likes of Alaska Air (ALK) and JetBlue (JBLU) highlight the strong demand for air travel.

  • U.S. Airline Stocks Decline As Oil Price Increases 15%
    Zacks

    U.S. Airline Stocks Decline As Oil Price Increases 15%

    Surge in fuel prices is likely to affect U.S. airline players significantly unless it is counterbalanced by increase in ticket prices.

  • American’s stock leads airlines lower as oil price spike fuels costs, pricing concerns
    MarketWatch

    American’s stock leads airlines lower as oil price spike fuels costs, pricing concerns

    Shares of airline companies suffered a broad beating Monday, led lower by American Airlines Group Inc.’s stock, as soaring crude-oil prices stoked fears that rising fuel costs would act as a drag on earnings.

  • 4 Airline Stocks to Consider as Oil Prices Spike 15%
    GuruFocus.com

    4 Airline Stocks to Consider as Oil Prices Spike 15%

    Buffett’s conglomerate owns one airline stock on the Peter Lynch Growth list Continue reading...

  • MarketWatch

    Airline stocks hit hard as crude oil prices spike after Saudi processing plant attacked

    Shares of airline companies took hard hits on Monday, as a spike in oil prices sparked concerns about rising fuel costs. The stocks of all six air carrier components of the Dow Jones Transportation Average declined in premarket trading: American Airlines Group Inc. slid 4.7%, Delta Air Lines Inc. dropped 3.5%, United Airlines Holdings Inc. shed 3.6%, JetBlue Airways Corp. gave up 3.1%, Southwest Airlines Co. declined 3.1% and Alaska Air Group Inc. lost 2.3%. Crude oil futures shot up 10% after the weekend attack on Saudi Aramco's Abqaiq oil processing plant. The NYSE Arca Airline Index has lost 1.7% over the past three months, while the Dow transports has gained 4.9% and the Dow Jones Industrial Average has tacked on 4.3%.

  • Business Wire

    JetBlue Adds More Bites from the Big Apple to the T5 Menu in First Major Restaurant Update at its Home Terminal at JFK Airport

    JetBlue (JBLU), today announced plans to add seven new restaurants in its home terminal – T5 at New York’s JFK International Airport. This will mark the first major update to the airline’s T5 concession program since moving into the brand-new terminal in 2008. As New York’s Hometown Airline®, JetBlue’s recipe for success at T5 includes niche stores and restaurants that offer a taste of the big apple.

  • JetBlue's (JBLU) August Traffic Rises, Load Factor Falls
    Zacks

    JetBlue's (JBLU) August Traffic Rises, Load Factor Falls

    With capacity expansion outpacing traffic growth, JetBlue's (JBLU) load factor declines in August.

  • 5 Industrial Companies to Consider as Trade Talks Resume
    GuruFocus.com

    5 Industrial Companies to Consider as Trade Talks Resume

    Stocks are trading below Peter Lynch value Continue reading...

  • Embraer delivers new jet that Boeing may soon sell against Airbus
    Reuters

    Embraer delivers new jet that Boeing may soon sell against Airbus

    Embraer hopes to see more orders for its newest passenger plane by the end of the year, an executive said on Thursday, as Boeing readies to take over the Brazilian planemaker's commercial jets division in what could mark the next phase of its rivalry with Airbus . Manufacture of the E195-E2, as Embraer's plane is known, will soon be controlled by Boeing, which needs regulatory approval to close on the deal to buy 80% of Embraer's commercial jets division for $4.2 billion. Embraer on Thursday delivered its first E195-E2 plane, which will seat about 140, to Brazil's No. 3 airline Azul at its headquarters in Sao Paulo state.

  • MarketWatch

    JetBlue's August load factor falls, as capacity growth outpaces rise in traffic

    JetBlue Airways Corp. reported a near two percentage point drop drop in August load factor, as growth in supply of seats outpaced the increase in demand. The air carrier said load factor was 86.9% last month, down from 88.7% a year ago. Capacity rose 6.1% to 5.64 billion available seat miles, while traffic increased 3.9% to 4.91 billion revenue passenger miles. Year to date, load factor has declined to 85.2% from 86.3%. The company affirmed its third-quarter guidance for revenue per available set mile (RASM) of -2.0% and flat. The stock, which was still inactive in premarket trading, has lost 10.0% over the past three months while the NYSE Arca Airline Index has slipped 2.1% and the S&P 500 has gained 4.2%.

  • Business Wire

    JetBlue Airways Reports August Traffic

    JetBlue Airways Corporation reported its preliminary traffic results for August 2019. Traffic in August increased 3.9 percent from August 2018, on a capacity increase of 6.1 percent.

  • JetBlue Foundation Focuses on Mentorship, Diversity and STEM and Technical Education Training with its Latest Round of Grants
    Business Wire

    JetBlue Foundation Focuses on Mentorship, Diversity and STEM and Technical Education Training with its Latest Round of Grants

    JetBlue (JBLU) today announced the newest round of grants from the JetBlue Foundation, the first airline foundation focused solely on supporting aviation and STEM education. This year, the JetBlue Foundation is fueling 13 programs with nearly $250,000 in grants to benefit their science, technology, engineering and mathematics (STEM) and aviation initiatives.

  • Don’t Try to Catch Okta Stock’s Falling Knives
    InvestorPlace

    Don’t Try to Catch Okta Stock’s Falling Knives

    Undoubtedly, cloud services companies like Okta (NASDAQ:OKTA) offer the most relevant products and platforms. With more organizations taking advantage of the connectivity and cost efficiencies that cloud functions provide, OKTA stock has witnessed a surge in buying interest.Source: Sundry Photography / Shutterstock.com That said, the industry is still relatively in its infancy. While early leaders like Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) have emerged to take the lead, there's no guarantee that they'll keep it. Technology is always in flux, and demand -- or lack thereof -- can change on a dime.Previously, this circumstance has benefited Okta stock. But recently, Wall Street has apparently take a dim view on the cloud and various tech names. On Monday, OKTA stock dropped nearly 10%. That made it one of the worst performers of the day.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What Happened to OKTA Stock?Naturally, whenever we see a massive hemorrhaging in the markets, we want (or demand) an explanation. In most cases, the answer is apparent: A company flubbed an earnings report or the industry faces a decimation in revenue-making opportunities. * 7 Stocks to Buy In a Flat Market But with Okta stock, none of these things apply. For one thing, shares have absolutely skyrocketed this year. Even with Monday's market erosion, OKTA is up almost 73%. That, my friends, is what we call resiliency.It also points to the fact that, up until at least recently, investors believed in the narrative for OKTA stock. A quick rundown of their client list reads like a "who's who" of major industry players. For example, we're talking about names like JetBlue Airways (NASDAQ:JBLU), Adobe (NASDAQ:ADBE), and Western Union (NYSE:WU).Fundamentally Okta stock is on the up and up. About two weeks ago, OKTA released its earnings report for the second quarter of fiscal 2020. As a bull, the company provided exactly what you could hope to expect. On the profitability front, the company narrowed an expected loss of 10 cents per share to a loss of 5 cents. On the top line, OKTA rang up $140.5 million, easily surpassing the consensus estimate of $131 million.Yet OKTA stock dropped on the financial disclosure, puzzling many onlookers. Curiously, shares never really recovered. For those hoping that Monday would provide a fresh spark, they were obviously badly disappointed.Worst of all, no one knows why. However, peer-to-peer comparisons offer some clues. For example, several rivals, including Twilio (NYSE:TWLO) incurred double-digit losses on Monday. Although it's speculation, investors may be rotating out of tech plays and into what are perceived as safer opportunities. Portfolio Shifting May Have Hurt OKTA StockIn the absence of a better explanation, investors probably shifted their exposure to safer bets. This in turn created, and then later amplified, volatility in OKTA stock.First, while the cloud services company's bulls have lauded its growth trajectory, I must bring up the counterargument: The robustness of that growth has declined significantly in magnitude.For example, back in Q1 of calendar 2017, OKTA generated $49.3 million, which was good for an 82% lift from the year-ago quarter. In the most recent earnings report, the year-over-year lift was comparatively small at 48.5%. With the exception of a few quarters, the sales growth rate has consistently declined between Q1 2017 to Q2 2019.Ordinarily, that shouldn't cause panic. Because of the law of small numbers, it is increasingly difficult to sustain outrageously high growth rates as the nominal revenues get bigger. However, OKTA's quarterly revenue is now $140 million, which isn't that big compared to its market capitalization of $13 billion. Thus, investors might be freaked out about the rich premium on Okta stock.A second point to consider is which names jumped on Monday. I can't help but notice that energy-related names, like Helmerich and Payne (NYSE:HP) and National Oilwell Varco (NYSE:NOV) outperformed. Perhaps with the noise President Donald Trump's administration has been making geopolitically, investors see value in recently undervalued companies. How to Approach OKTAOverall, I have reservations about engaging a technically overheated play like OKTA stock. Even with Monday's decline, I still have these reservations.Irrespective of your opinion about Okta stock, we must respect that the markets severely penalized it. With the volatility, shares are now sandwiched in between the 50-day moving average and the 200-day moving average. It's currently straddling an area of weak support, suggesting further volatility.For conservative investors, I'd stay away for now. If on the other hand you're bullish on OKTA, you might enjoy this discount. Still, my bet is that a deeper discount lies ahead for those who wait.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post Dona€™t Try to Catch Okta Stock's Falling Knives appeared first on InvestorPlace.

  • From Austin to San Diego to Cancun: Seasonal changes shake up routes at RDU
    American City Business Journals

    From Austin to San Diego to Cancun: Seasonal changes shake up routes at RDU

    With colder months approaching, there’s a route shakeup coming to Raleigh-Durham International Airport as airlines execute seasonal adjustments to their schedules – impacting services to places such as Austin, San Diego and Cancun.

  • Airline Stock Roundup: SAVE, JBLU's Bearish Q3 Views, DAL's Traffic Report & More
    Zacks

    Airline Stock Roundup: SAVE, JBLU's Bearish Q3 Views, DAL's Traffic Report & More

    With Hurricane Dorian disrupting operations, low-cost carriers Spirit Airlines (SAVE) and JetBlue (JBLU) cut unit revenue projections for the third quarter of 2019.

  • Business Wire

    JetBlue Greets Guyana with Latest Route Made Possible by Extended Range and Fuel Efficiency of the Airbus A321neo

    JetBlue (JBLU) today announced it is again expanding its large Latin America and Caribbean network with new nonstop service between New York’s John F. Kennedy International Airport (JFK) and Georgetown, Guyana’s Cheddi Jagan International Airport (GEO) (a). Flights will operate daily on JetBlue’s new A321neo aircraft beginning April 2, 2020 with seats available for purchase in the U.S. starting today.

  • Low-cost international flights are doomed: analyst
    Yahoo Finance

    Low-cost international flights are doomed: analyst

    The ultra-cheap trans-Atlantic flights between Europe and the U.S. won't last forever, says one analyst.

  • Moody's

    Massachusetts Port Authority -- Moody's assigns A1 to BOSFUEL Project's (MA) Special Facilities Revenue Bonds, Series 2019A (AMT) and 2019B (Taxable); outlook is stable

    Moody's Investors Service ("Moody's") has assigned an A1 to the BOSFUEL Project's $129.8 million Special Facilities Revenue Bonds (BOSFUEL Project), Series 2019A (AMT) and $6.8 million Special Facilities Revenue Bonds (BOSFUEL Project), Series 2019B (Taxable), issued by the Massachusetts Port Authority ("Massport") on behalf of BOSFUEL. The A1 rating is driven by the strength of the cost recovery framework supporting the bonds.

  • JetBlue Airways Chairman Joel Peterson on his book 'The 10 Laws of Trust'
    Yahoo Finance Video

    JetBlue Airways Chairman Joel Peterson on his book 'The 10 Laws of Trust'

    JetBlue Airways Chairman Joel Peterson joins Yahoo Finance's Jen Rogers, Myles Udland, and Brian Sozzi on The Final Round to talk his book 'The 10 Laws of Trust'