An In-Depth Look At Jetblue Airways Corp (JBLU)

Jetblue Airways Corp (NASDAQ:JBLU) has a beta value of 1.88 and has seen 10.76 million shares traded in the last trading session. The company, currently valued at $2.00B, closed the last trade at $5.90 per share which meant it gained $0.12 on the day or 2.08% during that session. The JBLU stock price is -60.17% off its 52-week high price of $9.45 and 42.03% above the 52-week low of $3.42. The 3-month trading volume is 15.23 million shares.

Jetblue Airways Corp (NASDAQ:JBLU) trade information

Sporting 2.08% in the green in last session, the stock has traded in the red over the last five days, when the JBLU stock price touched $5.90 or saw a rise of 12.46%. Year-to-date, Jetblue Airways Corp shares have moved 6.31%, while the 5-day performance has seen it change -21.44%. Over the past 30 days, the shares of Jetblue Airways Corp (NASDAQ:JBLU) have changed -20.49%.

Jetblue Airways Corp (JBLU) estimates and forecasts

Figures show that Jetblue Airways Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 38.17% over the past 6 months, with this year growth rate of -124.44%, compared to -3.10% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -128.90% and 51.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be -1.30%.

10 analysts offering their estimates for the company have set an average revenue estimate of $2.41 billion for the current quarter. 10 have an estimated revenue figure of $2.44 billion for the next quarter concluding in Sep 2024. Year-ago sales stood $2.61 billion and $2.35 billion respectively for this quarter and the next, and analysts expect sales will shrink by -7.80% for the current quarter and 3.60% for the next.

JBLU Dividends

Jetblue Airways Corp is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.