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As of close of business last night, Jetblue Airways Corp’s stock clocked out at $7.11, up 2.45% from its previous closing price of $6.94. In other words, the price has increased by $2.45 from its previous closing price. On the day, 16.87 million shares were traded. JBLU stock price reached its highest trading level at $7.4391 during the session, while it also had its lowest trading level at $6.99.
Ratios:
To gain a deeper understanding of JBLU’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 3.34 whereas as Long-Term Debt/Eq ratio is at 3.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on September 09, 2024, Upgraded its rating to Neutral and sets its target price to $6 from $3 previously.
On September 06, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $5 to $6.
TD Cowen reiterated its Hold rating for the stock on August 15, 2024, while the target price for the stock was revised from $6 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JBLU now has a Market Capitalization of 2466295552 and an Enterprise Value of 7299293184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 0.783 whereas that against EBITDA is 16.741.
Stock Price History:
Over the past 52 weeks, JBLU has reached a high of $8.07, while it has fallen to a 52-week low of $4.09. The 50-Day Moving Average of the stock is 10.45%, while the 200-Day Moving Average is calculated to be 15.48%.
Shares Statistics:
It appears that JBLU traded 17.32M shares on average per day over the past three months and 19638190 shares per day over the past ten days. A total of 339.00M shares are outstanding, with a floating share count of 310.66M. Insiders hold about 10.44% of the company’s shares, while institutions hold 76.12% stake in the company. Shares short for JBLU as of 1730332800 were 48179890 with a Short Ratio of 2.78, compared to 1727654400 on 53955364. Therefore, it implies a Short% of Shares Outstanding of 48179890 and a Short% of Float of 19.919999999999998.
Earnings Estimates
Investors are keenly observing as 11.0 analysts analyze and rate the current performance of Jetblue Airways Corp (JBLU) in the stock market.The consensus estimate for the next quarter is -$0.46, with high estimates of -$0.35 and low estimates of -$0.59.
Analysts are recommending an EPS of between -$0.75 and -$1.06 for the fiscal current year, implying an average EPS of -$0.92. EPS for the following year is -$0.58, with 12.0 analysts recommending between -$0.14 and -$1.0.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $2.23B. It ranges from a high estimate of $2.26B to a low estimate of $2.2B. As of the current estimate, Jetblue Airways Corp’s year-ago sales were $2.33BFor the next quarter, 8 analysts are estimating revenue of $2.21B. There is a high estimate of $2.24B for the next quarter, whereas the lowest estimate is $2.16B.
A total of 10 analysts have provided revenue estimates for JBLU’s current fiscal year. The highest revenue estimate was $9.26B, while the lowest revenue estimate was $9.2B, resulting in an average revenue estimate of $9.24B. In the same quarter a year ago, actual revenue was $9.62BBased on 11 analysts’ estimates, the company’s revenue will be $9.73B in the next fiscal year. The high estimate is $10.15B and the low estimate is $9.5B.
