The closing price of Jetblue Airways Corp (NASDAQ: JBLU) was $4.19 for the day, down -3.46% from the previous closing price of $4.34. In other words, the price has decreased by -$0.1500 from its previous closing price. On the day, 23478757 shares were traded. JBLU stock price reached its highest trading level at $4.4100 during the session, while it also had its lowest trading level at $4.0850.
Our analysis of JBLU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.25.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 18 when Spencer Gerald Alfred sold 11,879 shares for $6.35 per share. The transaction valued at 75,432 led to the insider holds 0 shares of the business.
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 1.40B and an Enterprise Value of 4.69B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.48 whereas that against EBITDA is 8.03.
Stock Price History:
The Beta on a monthly basis for JBLU is 1.75, which has changed by -45.87% over the last 52 weeks, in comparison to a change of 14.28% over the same period for the S&P500. Over the past 52 weeks, JBLU has reached a high of $9.45, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is 4.4524, while the 200-Day Moving Average is calculated to be 6.6505.
JBLU traded an average of 16.79M shares per day over the past three months and 15.08M shares per day over the past ten days. A total of 333.29M shares are outstanding, with a floating share count of 331.73M. Insiders hold about 0.36% of the company’s shares, while institutions hold 72.24% stake in the company. Shares short for JBLU as of Oct 30, 2023 were 39.38M with a Short Ratio of 39.38M, compared to 42.47M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 11.81% and a Short% of Float of 11.84%.
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of -$0.4 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.5, while EPS last year was $0.22. The consensus estimate for the next quarter is -$0.42, with high estimates of -$0.22 and low estimates of -$0.6.
Analysts are recommending an EPS of between -$0.39 and -$0.78 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.63, with 13 analysts recommending between $0.2 and -$2.1.
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $2.44B to a low estimate of $2.21B. As of the current estimate, Jetblue Airways Corp’s year-ago sales were $2.42B, an estimated decrease of -7.20% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $2.26B, a decrease of -3.10% over than the figure of -$7.20% in the same quarter last year. There is a high estimate of $2.42B for the next quarter, whereas the lowest estimate is $2.17B.
A total of 12 analysts have provided revenue estimates for JBLU’s current fiscal year. The highest revenue estimate was $9.76B, while the lowest revenue estimate was $9.49B, resulting in an average revenue estimate of $9.53B. In the same quarter a year ago, actual revenue was $9.16B, up 4.10% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $9.71B in the next fiscal year. The high estimate is $10.37B and the low estimate is $9.08B. The average revenue growth estimate for next year is up 1.80% from the average revenue estimate for this year.