Stock Market Recap: Jetblue Airways Corp (JBLU) Concludes at 6.01, a -25.71 Surge/Decline

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After finishing at $8.09 in the prior trading day, Jetblue Airways Corp (NASDAQ: JBLU) closed at $6.01, down -25.71%. In other words, the price has decreased by -$25.71 from its previous closing price. On the day, 124.57 million shares were traded. JBLU stock price reached its highest trading level at $6.98 during the session, while it also had its lowest trading level at $5.75.

Ratios:

Our goal is to gain a better understanding of JBLU by taking a closer look at 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 3.23 whereas as Long-Term Debt/Eq ratio is at 3.23.

On January 17, 2025, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $6.50.

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 2084730752 and an Enterprise Value of 7639232512. 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 0.79. Its current Enterprise Value per Revenue stands at 0.819 whereas that against EBITDA is 17.521.

Stock Price History:

The Beta on a monthly basis for JBLU is 1.85, which has changed by 0.13182676 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, JBLU has reached a high of $8.31, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is -15.50%, while the 200-Day Moving Average is calculated to be -3.70%.

Shares Statistics:

The stock has traded on average 18.30M shares per day over the past 3-months and 27825590 shares per day over the last 10 days, according to various share statistics. A total of 346.88M shares are outstanding, with a floating share count of 292.94M. Insiders hold about 15.55% of the company’s shares, while institutions hold 77.01% stake in the company. Shares short for JBLU as of 1735603200 were 52631708 with a Short Ratio of 3.29, compared to 1732838400 on 51891047. Therefore, it implies a Short% of Shares Outstanding of 52631708 and a Short% of Float of 21.759999999999998.

Earnings Estimates

The company has 4.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.

Analysts are recommending an EPS of between -$0.51 and -$0.9 for the fiscal current year, implying an average EPS of -$0.74. EPS for the following year is -$0.0, with 11.0 analysts recommending between $0.46 and -$0.54.

Revenue Estimates

4 analysts predict $2.18B in revenue for the current quarter. It ranges from a high estimate of $2.2B to a low estimate of $2.16B. As of the current estimate, Jetblue Airways Corp’s year-ago sales were $2.21BFor the next quarter, 4 analysts are estimating revenue of $2.56B. There is a high estimate of $2.59B for the next quarter, whereas the lowest estimate is $2.54B.

A total of 7 analysts have provided revenue estimates for JBLU’s current fiscal year. The highest revenue estimate was $9.85B, while the lowest revenue estimate was $9.69B, resulting in an average revenue estimate of $9.76B. In the same quarter a year ago, actual revenue was $9.28BBased on 13 analysts’ estimates, the company’s revenue will be $10.4B in the next fiscal year. The high estimate is $10.66B and the low estimate is $10.08B.

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