JetBlue Airways Corporation [JBLU] Revenue clocked in at $4.87 billion, up 3.23% YTD: What’s Next?



JetBlue Airways Corporation [NASDAQ: JBLU] traded at a high on 01/03/22, posting a 3.23 gain after which it closed the day’ session at $14.70. The company report on December 21, 2021 that JetBlue Extends London Heathrow Schedule Through October 2022, Bringing A Summer of Low Fares and Incredible Service to Transatlantic Travelers.

U.S. Carrier Has Introduced Badly Needed Competition Between New York-JFK and London Heathrow and Substantially Lowered Premium Fares.

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JetBlue (NASDAQ: JBLU) today announced it is extending its transatlantic schedule for flights between New York’s John F. Kennedy International Airport (JFK) and London Heathrow Airport (LHR) through October 2022, with seats on sale beginning today. JetBlue was initially welcomed at Heathrow with temporary slots made available as entrenched, larger airlines reduced service during the pandemic. Since its successful transatlantic launch in August 2021, JetBlue has worked with the local authorities to ensure it can continue to shake up the route with much-needed competition.

The results of the trading session contributed to over 7198128 shares changing hands. Over the past one week, the price volatility of JetBlue Airways Corporation stands at 2.49% while the volatility over the past one month is 3.71%.

The market cap for JBLU stock reached $4.67 billion, with 318.00 million shares outstanding and 316.12 million shares in the current float. Compared to the average trading volume of 7.43M shares, JBLU reached a trading volume of 7198128 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $19.23 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 2.60. 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.

MKM Partners have made an estimate for JetBlue Airways Corporation shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 03, 2022. The new note on the price target was released on November 17, 2021, representing the official price target for JetBlue Airways Corporation stock. Previously, the target price had yet another drop from $20 to $17, while Goldman kept a Neutral rating on JBLU stock.

The Average True Range (ATR) for JetBlue Airways Corporation is set at 0.56, with the Price to Sales ratio for JBLU stock in the period of the last 12 months amounting to 0.96. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 10.38. Price to Free Cash Flow for JBLU in the course of the last twelve months was 3.72 with Quick ratio for the last quarter at 1.00.

How has JBLU stock performed recently?

JetBlue Airways Corporation [JBLU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.96. With this latest performance, JBLU shares gained by 6.14% in over the last four-week period, additionally sinking by -11.29% over the last 6 months – not to mention a rise of 4.78% 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 55.47, with the RSI for the last a single of trading hit 59.59, and the three-weeks RSI is set at 52.88 for JetBlue Airways Corporation [JBLU]. The present Moving Average for the last 50 days of trading for this stock 14.46, while it was recorded at 14.45 for the last single week of trading, and 16.58 for the last 200 days.

JetBlue Airways Corporation [JBLU]: Deeper insight into the 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 1.00 and a Current Ratio set at 1.00.

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Insider trade positions for JetBlue Airways Corporation [JBLU]

There are presently around $3,468 million, or 79.90% of JBLU stock, in the hands of institutional investors. The top three institutional holders of JBLU stocks are: FMR LLC with ownership of 29,749,401, which is approximately -12.774% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 28,732,414 shares of the stock with an approximate value of $409.15 million in JBLU stocks shares; and BLACKROCK INC., currently with $359.52 million in JBLU stock with ownership of nearly -4.62% of the company’s market capitalization.

Positions in JetBlue Airways Corporation stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 171 institutional holders increased their position in JetBlue Airways Corporation [NASDAQ:JBLU] by around 27,361,790 shares. Additionally, 182 investors decreased positions by around 21,952,223 shares, while 73 investors held positions by with 194,256,972 shares. The mentioned changes placed institutional holdings at 243,570,985 shares, according to the latest SEC report filing. JBLU stock had 55 new institutional investments in for a total of 6,587,748 shares, while 46 institutional investors sold positions of 6,168,325 shares during the same period.