JetBlue Airways Corporation [NASDAQ: JBLU] closed the trading session at $20.77 on 04/13/21. The day’s price range saw the stock hit a low of $19.6234, while the highest price level was $20.81. The company report on April 14, 2021 that JetBlue Announces Webcast of First Quarter 2021 Earnings Conference Call.
JetBlue Airways Corporation (Nasdaq: JBLU) announced that it will hold its quarterly conference call to discuss first quarter 2021 financial results on April 27th, 2021 at 10:00 a.m. ET.
A live, listen-only webcast of the call will be available on JetBlue’s investor relations website at the following web address:.
The stocks have a year to date performance of 42.85 percent and weekly performance of -2.26 percent. The stock has been moved at 63.03 percent over the last six months. The stock has performed 1.64 percent around the most recent 30 days and changed 42.85 percent over the most recent 3-months.
If compared to the average trading volume of 9.31M shares, JBLU reached to a volume of 9550110 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about JetBlue Airways Corporation [JBLU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JBLU shares is $20.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JBLU stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Susquehanna have made an estimate for JetBlue Airways Corporation shares, keeping their opinion on the stock as Positive, with their previous recommendation back on April 13, 2021. The new note on the price target was released on April 05, 2021, representing the official price target for JetBlue Airways Corporation stock. Previously, the target price had yet another raise to $21, while Deutsche Bank analysts kept a Buy rating on JBLU stock.
The Average True Range (ATR) for JetBlue Airways Corporation is set at 0.93, with the Price to Sales ratio for JBLU stock in the period of the last 12 months amounting to 2.23. The Price to Book ratio for the last quarter was 1.51, with the Price to Cash per share for the same quarter was set at 9.63.
JBLU stock trade performance evaluation
JetBlue Airways Corporation [JBLU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.26. With this latest performance, JBLU shares gained by 1.64% in over the last four-week period, additionally plugging by 63.03% over the last 6 months – not to mention a rise of 130.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JBLU stock in for the last two-week period is set at 56.97, with the RSI for the last a single of trading hit 55.30, and the three-weeks RSI is set at 58.10 for JetBlue Airways Corporation [JBLU]. The present Moving Average for the last 50 days of trading for this stock 18.86, while it was recorded at 20.89 for the last single week of trading, and 14.27 for the last 200 days.
JetBlue Airways Corporation [JBLU]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and JetBlue Airways Corporation [JBLU] shares currently have an operating margin of -67.30 and a Gross Margin at -63.58. JetBlue Airways Corporation’s Net Margin is presently recorded at -45.79.
Return on Total Capital for JBLU is now -22.58, given the latest momentum, and Return on Invested Capital for the company is -16.32. Return on Equity for this stock declined to -30.95, with Return on Assets sitting at -10.36. When it comes to the capital structure of this company, JetBlue Airways Corporation [JBLU] has a Total Debt to Total Equity ratio set at 144.98. Additionally, JBLU Total Debt to Total Capital is recorded at 59.18, with Total Debt to Total Assets ending up at 40.28. Long-Term Debt to Equity for the company is recorded at 130.73, with the Long-Term Debt to Total Capital now at 53.36.
Receivables Turnover for the company is 17.98 with a Total Asset Turnover recorded at a value of 0.23.JetBlue Airways Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.30.
Earnings per share (EPS) analysis for JetBlue Airways Corporation [JBLU] stock
With the latest financial reports released by the company, JetBlue Airways Corporation posted -0.42/share EPS, while the average EPS was predicted by analysts to be reported at -0.36/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JBLU.
JetBlue Airways Corporation [JBLU]: Insider Ownership positions
There are presently around $5,188 million, or 82.70% of JBLU stock, in the hands of institutional investors. The top three institutional holders of JBLU stocks are: FMR LLC with ownership of 37,926,719, which is approximately 71.526% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 27,182,298 shares of the stock with an approximate value of $564.58 million in JBLU stocks shares; and BLACKROCK INC., currently with $537.01 million in JBLU stock with ownership of nearly 16.519% of the company’s market capitalization.
Positions in JetBlue Airways Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 207 institutional holders increased their position in JetBlue Airways Corporation [NASDAQ:JBLU] by around 55,490,228 shares. Additionally, 114 investors decreased positions by around 17,108,912 shares, while 59 investors held positions by with 177,197,686 shares. The mentioned changes placed institutional holdings at 249,796,826 shares, according to the latest SEC report filing. JBLU stock had 75 new institutional investments in for a total of 12,245,174 shares, while 39 institutional investors sold positions of 1,169,461 shares during the same period.