Published: Thu, February 15, 2018
Finance | By Loren Pratt

Buy Analyst Rating?: JetBlue Airways Corporation (JBLU)

Buy Analyst Rating?: JetBlue Airways Corporation (JBLU)

(NASDAQ:JBLU) to report $0.17 earnings per share for the current fiscal quarter, according to Zacks. Moreover, Ajo Limited Partnership has 0.43% invested in JetBlue Airways Corporation (NASDAQ:JBLU). The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.75 billion.

JetBlue Airways Corporation (NASDAQ:JBLU) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.50% to close at $20.06 with the total traded volume of 455049 shares. The business is scheduled to report its next earnings report on Tuesday, April 24th. The institutional investor held 648,219 shares of the railroads company at the end of 2017Q3, valued at $35.17M, down from 919,630 at the end of the previous reported quarter.

The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.80 for JBLU and 1.90 for LUV, which implies that analysts are more bullish on the outlook for JBLU.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings results on Thursday, January 25th. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) has "Outperform" rating given on Friday, September 16 by Imperial Capital.

Once the concept of beta is understood, an investor can intuitively determine whether or not a particular stock has a high or low beta. While in the same Quarter Previous year, the Actual EPS was $0.25. For example, a stock may near its 52 week low in a price correction after earnings expectations for future quarters were revised. Argus Research maintained the shares of JBLU in report on Tuesday, September 8 with "Buy" rating. The company moved in the past week with shift of 0.07%. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) earned "Hold" rating by Stifel Nicolaus on Thursday, September 21. They set an "equal weight" rating and a $22.00 price target for the company. $37,120 worth of JetBlue Airways Corporation (NASDAQ:JBLU) was sold by Hayes Robin. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of Hold and a consensus price target of $24.32. Of those transactions, there were 121,580 shares of JBLU bought and 217,821 shares sold. Following the sale, the executive vice president now owns 9,555 shares of the company's stock, valued at approximately $199,126.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Federated Invsts Inc Pa owns 472,916 shares for 0.03% of their portfolio. The disclosure for this sale can be found here. Insiders sold a total of 20,545 shares of company stock worth $442,303 in the last ninety days. According to Wilder, any number above 70 should be considered overbought and any number below 30 should be considered oversold. HighTower Advisors LLC lifted its position in JetBlue Airways by 50.9% during the 2nd quarter. The total amount of shares outstanding is 2.55B, giving the company a market capitalization of about 99.55B. Palisade Capital Management LLC NJ grew its stake in JetBlue Airways by 34.4% in the 3rd quarter. Tradewinds Capital Management Llc bought 3,448 shares as the company's stock rose 4.66% with the market. Frontier Capital Management Co.

CASM Ex-Fuel is expected to grow between 2.0% and 4.0% for the first quarter of 2018. TIAA FSB now owns 237,428 shares of the transportation company's stock valued at $4,400,000 after acquiring an additional 49,142 shares during the last quarter. Institutional investors and hedge funds own 89.76% of the company's stock. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) has "Hold" rating given on Thursday, October 12 by Cowen & Co.

JetBlue Airways Co. has a fifty-two week low of $18.05 and a fifty-two week high of $24.13.

Analysts look at liquidity and leverage ratios to assess how easily a company can cover its liabilities. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.25. On Tuesday, December 12 the stock rating was maintained by Cowen & Co with "Hold". This repurchase authorization allows the transportation company to buy shares of its stock through open market purchases.

The company shows its Return on Assets (ROA) value of 11.2%.

TRADEMARK VIOLATION WARNING: This piece was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. Sei invested in 0.02% or 308,341 shares. JetBlue Airways Corporation is a part of Services sector and belongs to Regional Airlines industry. The Company provides air transportation services across the United States, the Caribbean and Latin America.

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