JetBlue: Changing Their Capital Structure For The Better
Chris Nealand • Yesterday, 10:25 AM
- The last of JetBlue's convertible debentures will soon result in significant additional shares outstanding.
- Similarly, some of their large notes outstanding are coming due, which will result in even more change in their capital structure.
- Management has also initiated a large stock repurchase program.
- However, despite these changes, after running multiple capital structure scenarios, the results indicate that there is still roughly 40% upside potential for the stock price.