Jetblue Airways Cp (NASDAQ:JBLU) shares traded 1.32% up during most recent session to reach at the closing price of $19.22. The stock exchanged hands 2.52 Million shares versus average trading capacity of 4.86 Million shares, yielding a market cap of $6.06 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $20.58 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Jetblue Airways Cp (NASDAQ:JBLU) high price target of $27 and with a conservative view have low price target of $16.
Barclays “Maintained” Jetblue Airways Cp (NASDAQ:JBLU) in a research note issued to investors on 7/16/18 to Overweight with price target of $27.
Additionally on 7/12/18 Morgan Stanley “Maintained” Jetblue Airways Cp (NASDAQ:JBLU) to Equal-Weight setting price target at $21 and on 6/13/18 Buckingham “Maintained” the stock to Neutral at $20. Furthermore on 5/29/18 Citigroup “Maintained” the stock to Neutral at $21.5.
On the other hand the company has Relative Strength Index (RSI 14) of 54.24 along with Average True Range (ATR 14) of 0.34, Consequently Jetblue Airways Cp (NASDAQ:JBLU)’s weekly and monthly volatility is 1.74%, 1.76% respectively. The company’s beta value is at 0.48.
In terms of Buy, Sell or Hold recommendations, Jetblue Airways Cp (NASDAQ:JBLU) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Jetblue Airways Cp (NASDAQ:JBLU)’s minimum EPS for the current quarter is at $0.4 and can go high up to $0.5. The consensus mean EPS for the current quarter is at $0.43 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.55 earnings per share for the same quarter during last year.
Previously Jetblue Airways Cp (NASDAQ:JBLU) reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.02. The company posted an earnings surprise of 5.6%.
Jetblue Airways Cp (NASDAQ:JBLU)’s revenue estimates for the current quarter are $2.02 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $2.04 Billion in contradiction of low revenue estimates of $2 Billion. For the current year the company’s revenue estimates are $7.66 Billion compared to low analyst estimates of $7.63 Billion and high estimates of $7.71 Billion according to 12 number of analysts.
Currently Jetblue Airways Cp (NASDAQ:JBLU)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 90.4%. However the six-month change in the insider ownership was recorded -5.65%, as well as three-month change in the institutional ownership was recorded -3.22%.
Jetblue Airways Cp (NASDAQ:JBLU)’s trailing twelve month revenues are $7.25 Billion, whereas its price to sales ratio for the same period is 0.84. Its book value per share for the most recent quarter is $14.23 while its price to book ratio for the same period is 1.35, as for as the company’s cash per share for the most recent quarter is $2.9, however its price to cash per share ratio for the same period is 6.63. The stock has 5 year expected PEG ratio of 1.99 whereas its trailing twelve month P/E ratio is 25.52.