JetBlue Airways Corporation (JBLU) Stock Slides Based on Weak Q1 Outlook

The New York-based airline, however, said it believes its performance in January is “temporary” and that current bookings point to positive RASM in “peak February periods”. The results beat Wall Street expectations.

For the three-month span ended December 31, passenger revenue per available seat mile, or PRASM – a key airline metric – fell roughly 1.7% to 11.19 cents.

Several sell side analysts reviewed their recommendations on JetBlue Airways Corporation (NASDAQ:JBLU) where 3 analyst have rated the stock as Strong Buy, 5 analysts said it’s a Buy, 7 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. The Stock opened its session at $21.01 and closed at $21.42 by showing increase of 1.81 percent.

Operating income of $296 million in the fourth quarter and $1.3 billion for the full year, a decline of 10.4% from the fourth quarter of 2015 and a full year increase of 7.9% over 2015. They also projected Low Price Target as $15 while High Price Target is set at $15. Recently, analysts have updated the overall rating to 2.3.

For the year, the company reported profit of $759 million, or $2.22 per share. The business’s revenue was up 2.9% on a year-over-year basis.

Earnings per share (ttm) for Cisco Systems, Inc. This estimate is acknowledged after getting opinions of 9 analysts.

The Sherwin-Williams Company (NYSE:SHW) shares moved to $305.00 after starting the day at $301.56 on Thursday.

Currently, the stock carries a price to earnings ratio of 17.68, a price to book ratio of 1.45, and a price to sales ratio of 0.7. Also, Director Joel Clinton Peterson sold 5,120 shares of the company’s stock in a transaction on Tuesday, November 1st. J P Morgan Chase & Co upgraded JetBlue Airways Corporation from a “neutral” rating to an “overweight” rating and increased their target price for the company from $21.42 to $27.00 in a research report on Wednesday. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on Jan 25th.

Stock: Shares rose 1.1% early. Shares registered one year high at $12.01 and the one year low of $0.22. The company’s stock has grown by 6.05 percent in the past 5 years. In most recent quarter, LT Debt/Equity ratio was listed at 0.33 and Total Debt/Equity ratio was noted at 0.44.

Analyst’s Analysis on Dycom Industries, Inc. While some analysts have a High Price target for the stock of $33 and a Low Price Target of $21. The Average Volume (3 months) is 6.08 Million. Looking a little bit closer, performance over the past week is -1.22%. The insider owns 579,293 shares as of 0.18%, now worth $12223082.3. During the same quarter past year, the business earned $0.56 earnings per share. The company primarily holds interests the Bakken/Three Forks Formations comprising approximately 123,000 net acres of area in North Dakota; and East Texas Eagle Ford Formations covering approximately 92,000 acres of area in Brazos, Burleson, and Robertson counties. Recently, investment analysts covering the stock have updated the mean rating to 2.9.