Jetblue Airways Cp (NASDAQ:JBLU) shares traded 1.9% up during most recent session to reach at the closing price of $18.2. The stock exchanged hands 3.86 Million shares versus average trading capacity of 4.67 Million shares, yielding a market cap of $5.62 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $20.25 within the next 52-weeks. The mean target projections are based on 12 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 $17.
JP Morgan “Upgrades” Jetblue Airways Cp (NASDAQ:JBLU) in a research note issued to investors on 10/30/18 to Overweight with price target of $20.
Additionally on 10/03/18 Citigroup “Maintained” Jetblue Airways Cp (NASDAQ:JBLU) to Neutral setting price target at $22 and on 9/27/18 Imperial Capital “Maintained” the stock to Outperform at $26. Furthermore on 7/16/18 Barclays “Maintained” the stock to Overweight at $27.
On the other hand the company has Relative Strength Index (RSI 14) of 60.28 along with Average True Range (ATR 14) of 0.57, Consequently Jetblue Airways Cp (NASDAQ:JBLU)’s weekly and monthly volatility is 2.52%, 3.70% respectively. The company’s beta value is at 0.55.
In terms of Buy, Sell or Hold recommendations, Jetblue Airways Cp (NASDAQ:JBLU) has analysts’ mean recommendation of 2.8. 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 $0.28 and can go high up to $0.39. The consensus mean EPS for the current quarter is at $0.34 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $2.08 earnings per share for the same quarter during last year.
Previously Jetblue Airways Cp (NASDAQ:JBLU) reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. The company posted an earnings surprise of 2.4%.
Jetblue Airways Cp (NASDAQ:JBLU)’s revenue estimates for the current quarter are $1.96 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $1.99 Billion in contradiction of low revenue estimates of $1.93 Billion. For the current year the company’s revenue estimates are $7.66 Billion compared to low analyst estimates of $7.64 Billion and high estimates of $7.71 Billion according to 11 number of analysts.
Currently Jetblue Airways Cp (NASDAQ:JBLU)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 92.6%. However the six-month change in the insider ownership was recorded -5.19%, as well as three-month change in the institutional ownership was recorded -0.17%.
Jetblue Airways Cp (NASDAQ:JBLU)’s trailing twelve month revenues are $7.45 Billion, whereas its price to sales ratio for the same period is 0.75. Its book value per share for the most recent quarter is $14.3 while its price to book ratio for the same period is 1.27, as for as the company’s cash per share for the most recent quarter is $3.04, however its price to cash per share ratio for the same period is 6. The stock has 5 year expected PEG ratio of 3.62 whereas its trailing twelve month P/E ratio is 49.46.