In last trading session, Jetblue Airways Corp (NASDAQ:JBLU) saw 20.21 million shares changing hands with its beta currently measuring 1.81. Company’s recent per share price level of $7.33 trading at -$0.41 or -5.30% at ring of the bell on the day assigns it a market valuation of $2.59B. That closing price of JBLU’s stock is at a discount of -13.37% from its 52-week high price of $8.31 and is indicating a premium of 38.74% from its 52-week low price of $4.49.
For Jetblue Airways Corp (JBLU), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.53. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.62 in the current quarter.
Jetblue Airways Corp (NASDAQ:JBLU) trade information
Upright in the red during last session for losing -5.30%, in the last five days JBLU remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $7.33 price level, adding 6.39% to its value on the day. Jetblue Airways Corp’s shares saw a change of -6.74% in year-to-date performance and have moved 15.43% in past 5-day. Jetblue Airways Corp (NASDAQ:JBLU) showed a performance of -4.06% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a fall of -22.17% to its current value. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 7.75. It follows that stock’s current price would jump 24.97% in reaching the projected high whereas dropping to the targeted low would mean a gain of 24.97% for stock’s current value.
Jetblue Airways Corp (JBLU) estimates and forecasts
This year revenue growth is estimated to rise 4.98% 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 2.19B for the same. And 9 analysts are in estimates of company making revenue of 2.57B in the next quarter. Company posted 2.21B and 2.43B of sales in current and next quarters respectively a year earlier.
Jetblue Airways Corp (NASDAQ:JBLU)’s Major holders
BLACKROCK INC. is the top institutional holder at JBLU for having 55.28 million shares of worth $336.68 million. And as of 2024-06-30, it was holding 16.2744 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 35.83 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.5482 of outstanding shares, having a total worth of $218.22 million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 19.3 shares of worth $141.45 million or 5.47% of the total outstanding shares. The later fund manager was in possession of 9.2 shares on Sep 30, 2024 , making its stake of worth around $67.46 million in the company or a holder of 2.61% of company’s stock.
