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.
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Ratios:
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.
Insider Transactions:
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.
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 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.
Shares Statistics:
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%.
Earnings Estimates
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.
Revenue Estimates
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.
