Buy, Sell Or Hold Jetblue Airways Corp (NASDAQ:JBLU) At $5.82?

In recent trading session, Jetblue Airways Corp (NASDAQ:JBLU) saw 3.07 million shares changing hands at last check today with its beta currently measuring 1.93. Company’s recent per share price level of $5.82 trading at $0.05 or 0.78% at last check today assigns it a market valuation of $1.98B. That most recent trading price of JBLU’s stock is at a discount of -62.37% from its 52-week high price of $9.45 and is indicating a premium of 41.24% from its 52-week low price of $3.42. Taking a look at company’s average trading volume of 14.39 million if we extend that period to 3-months.

Jetblue Airways Corp (NASDAQ:JBLU) trade information

Upright in the green today for gaining 0.78%, in the last five days JBLU remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $5.82 price level, adding 1.85% to its value on the day. Jetblue Airways Corp’s shares saw a change of 4.77% in year-to-date performance and have moved 0.61% in past 5-day. Jetblue Airways Corp (NASDAQ:JBLU) showed a performance of -14.36% in past 30-days.

Jetblue Airways Corp (JBLU) estimates and forecasts

Statistics highlight that Jetblue Airways Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 57.59% of value to its shares in past 6 months, showing an annual growth rate of -124.44% while that of industry is -6.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -2.00% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.4B for the same. And 9 analysts are in estimates of company making revenue of 2.42B in the next quarter. Company posted 2.61B and 2.35B of sales in current and next quarters respectively a year earlier.

JBLU Dividends

Jetblue Airways Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.