What Should You Know About JetBlue Airways Before Investing?

Shares of Consumer Discretionary sector company JetBlue Airways moved -3.8% today, and are now trading at a price of $5.33. The mid-cap stock's daily volume was 10,320,965 compared to its average volume of 16,723,982. The S&P 500 index returned a 0.0% performance.

JetBlue Airways Corporation provides air passenger transportation services. The company is based in Long Island City and has 20,706 full time employees. Its market capitalization is $1,776,363,776.

9 analysts are following JetBlue Airways and have set target prices ranging from $3.0 to $6.0 per share. On average, they have given the company a rating of hold. At today's prices, JBLU is trading 14.13% away from its average analyst target price of $4.67 per share.

Over the last year, JBLU shares have gone down by -20.9%, which represents a difference of -37.1% when compared to the S&P 500. The stock's 52 week high is $9.45 per share and its 52 week low is $3.42. JetBlue Airways has averaged free cash flows of $-122000000.0 over the last 6 years, with a mean growth rate of -19.3%. It is likely that the stock will keep following its current negative performance trend while the underlying business is experiencing such poor cash flows.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 544,000 1,034,000 -490,000 -26.29
2022 379,000 767,000 -388,000 -152.79
2021 1,642,000 907,000 735,000 152.58
2020 -683,000 715,000 -1,398,000 -370.41
2019 1,449,000 932,000 517,000 77.05
2018 1,200,000 908,000 292,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.