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The price of Jetblue Airways Corp (NASDAQ: JBLU) closed at $5.96 in the last session, down -6.73% from day before closing price of $6.39. In other words, the price has decreased by -$6.73 from its previous closing price. On the day, 27.41 million shares were traded. JBLU stock price reached its highest trading level at $6.27 during the session, while it also had its lowest trading level at $5.87.
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 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.
On September 09, 2024, BofA Securities Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $3 to $6.
TD Cowen reiterated its Hold rating for the stock on September 06, 2024, while the target price for the stock was revised from $5 to $6.
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 2067386880 and an Enterprise Value of 7049542144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.756 whereas that against EBITDA is 16.169.
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 $4.10. The 50-Day Moving Average of the stock is -8.17%, while the 200-Day Moving Average is calculated to be -3.40%.
Shares Statistics:
According to the various share statistics, JBLU traded on average about 17.32M shares per day over the past 3-months and 20431810 shares per day over the past 10 days. A total of 339.00M shares are outstanding, with a floating share count of 310.67M. Insiders hold about 10.44% of the company’s shares, while institutions hold 81.83% 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
Its stock is currently analyzed by 12.0 different market analysts. The consensus estimate for the next quarter is -$0.45, 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 -$0.93. EPS for the following year is -$0.59, with 13.0 analysts recommending between -$0.14 and -$1.0.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $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, 9 analysts are estimating revenue of $2.22B. There is a high estimate of $2.25B for the next quarter, whereas the lowest estimate is $2.16B.
A total of 11 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 12 analysts’ estimates, the company’s revenue will be $9.72B in the next fiscal year. The high estimate is $10.15B and the low estimate is $9.5B.
