Originally Posted by
expectholding
https://www.zacks.com/stock/news/309...r-half-of-2018
Some analysts have a different view.
JetBlue Airways Corporation (JBLU - Free Report) is a low-cost carrier based in Long Island City, New York. The company carries a Zacks Rank #4 (Sell). The stock has seen the Zacks Consensus Estimate for current-quarter earnings being revised 2.4% downward in the last 60 days. The JetBlue stock has shed 15% of its value in the first half of the year.
https://www.fool.com/investing/2018/...t-structu.aspx
The TA represents 187% of the $100m in additional pilot costs that analysts put us at achieving in January. ($750m/4yrs).
Depends on how you look at it... these same "analysts" also said far worse things about Amazon and a plethora of various companies that now changed the entire paradigm of Capitalism, even beyond the monopolies of Standard Oil and AT&T. They are measuring with their Harvard MBA or Economics degree yardsticks as they were taught. Those measuring devices have not been accurate at all in the last 10 years and no one call see the future yet. Fundamentally BJ is a strong company with sound internals, despite their buffoonery. We have a product, people want it. Otherwise we wouldn't have such good monetary results. Incidentally, I've seen a fair number of enthusiast investor websites (like
Motley Fool you referenced), which say to buy BJ at these low prices. In the end, it's going to Vegas no matter how much pseudo-math they attach to it. The company is making lots of $$$.
This communique is for entertainment purposes only. It does not implicitly or explicitly acknowledge employment with any air carrier nor is any relationship implied. This communique does not represent the opinions or policies of ALPA or JB ALPA and does not represent the collective pilot group, ALPA, nor does it imply collective bargaining, advocacy, or workforce actions intended to disrupt operations.