Comprehensive Stock Analysis of: JetBlue Airways Corporation (NASDAQ:JBLU)
This Company belongs to Transportation sector. The last trading session volume compares with the 6.80M average and market worth floats around 6.63B. Poor earnings, bad news, organizational changes and/or market influences can cause a stock’s price to decrease suddenly.
Indicating how profitable this stock is relative to its assets, the ROA value is observed at 8.10%. The highest analyst price target is $33.00, which implies a rally of 35 percent. Bank of Montreal Can now owns 4,556,392 shares of the company’s stock worth $78,551,000 after buying an additional 1,444,045 shares in the last quarter.
Investors expected a price target of 0.55 for this quarter.
Argus Downgrade its coverage for JetBlue Airways Corporation (NASDAQ:JBLU) in a note sent to investors on 27-Jan-17.
The Stock had a 1.91 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 1.78 respectively.
On Friday JetBlue Airways Corporation (NASDAQ:JBLU) share price closed at $20.04.
These analysts also forecasted Growth Estimates for the Current Quarter for JBLU to be -54.2%.
The Company now has Insider ownership of 0.4 Percent and Institutional Ownership of 83.8 Percent. On the other hand, in the September 2017 quarter the company recorded a net $1.73B revenue with earnings per share of $0.58. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.19 to $0.39.
Groupon, Inc. (NASDAQ:GRPN) ended its day at $3.97 with the rising stream of -0.25% and its total traded volume was 7.76 million shares less than the average volume. The median estimate represents a +24.75% increase from the last price of 20.04. The company earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.64 billion. The low EPS estimate is $0.36, while the high EPS estimate is $0.41.
Analysts are also projecting an Average Revenue Estimate for JetBlue Airways Corporation as $1.65 Billion in the Current Quarter.
JetBlue Airways Corporation is now showing -18.9% EPS growth this year.
As JetBlue Airways Corporation (NASDAQ:JBLU) nears the launch date for its flights from Atlanta, it is raising concerns about the challenges a new entrant faces breaking into the competitive landscape Hartsfield-Jackson International. The Company Touched its 52-Week High on Jan 11, 2017 and 52-Week Low on Jun 27, 2016.
JetBlue Airways Corporation (NASDAQ:JBLU) has the market capitalization of $6.63 Billion. The stock Jumped 16.95 percent over the past six months.
Currently, the company has SMA200 (200-day simple moving average) of 7.02 Percent. The next year’s growth is calculated to be 10.5 percent. The company is expected to grow by 4.32 percent over the next five years.
The company’s growth for the past 5 years has been at 59.05 percent. Following the sale, the executive vice president now directly owns 26,932 shares of the company’s stock, valued at approximately $549,682.12.