The price of Jetblue Airways Corp (NASDAQ: JBLU) closed at $6.53 in the last session, down -3.83% from day before closing price of $6.79. On the day, 11407292 shares were traded.
Ratios:
We take a closer look at JBLU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.49.
On February 20, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $4 to $9.
BofA Securities Downgraded its Neutral to Underperform on January 09, 2024, whereas the target price for the stock was revised from $6 to $3.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 18 ’23 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
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.
Shares Statistics:
A total of 339.00M shares are outstanding, with a floating share count of 337.99M. Insiders hold about 0.38% of the company’s shares, while institutions hold 79.78% stake in the company.
Earnings Estimates
The company has JetBlue Airways Corporation analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $132.04, with high estimates of $11.19 and low estimates of $34.10.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
