In recent trading session, Jetblue Airways Corp (NASDAQ:JBLU) saw 4.29 million shares changing hands at last check today with its beta currently measuring 1.63. Company’s recent per share price level of $5.53 trading at $0.03 or 0.55% at last check today assigns it a market valuation of $1.95B. That most recent trading price of JBLU’s stock is at a discount of -50.27% from its 52-week high price of $8.31 and is indicating a premium of 18.81% from its 52-week low price of $4.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 27.29 million shares which gives us an average trading volume of 22.21 million if we extend that period to 3-months.
For Jetblue Airways Corp (JBLU), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.65. 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 -0.61 in the current quarter.
Jetblue Airways Corp (NASDAQ:JBLU) trade information
Upright in the green today for gaining 0.55%, in the last five days JBLU remained trading in the red while hitting it’s week-highest on Tuesday, 03/11/25 when the stock touched $5.53 price level, adding 8.14% to its value on the day. Jetblue Airways Corp’s shares saw a change of -29.64% in year-to-date performance and have moved -9.49% in past 5-day. Jetblue Airways Corp (NASDAQ:JBLU) showed a performance of -16.34% in past 30-days. Number of shares sold short was 52.65 million shares which calculate 1.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 21.0% to its recent value today. 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 0.54% in reaching the projected high whereas dropping to the targeted low would mean a gain of 0.54% for stock’s current value.
Jetblue Airways Corp (JBLU) estimates and forecasts
This year revenue growth is estimated to rise 4.16% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.17B for the same. And 10 analysts are in estimates of company making revenue of 2.55B 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
Insiders are in possession of 10.41% of company’s total shares while institution are holding 95.19 percent of that, with stock having share float percentage of 106.25%. Investors also watch the number of corporate investors in a company very closely, which is 95.19% institutions for Jetblue Airways Corp that are currently holding shares of the company. 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 Jan 31, 2025, the former fund manager was holding 19.2 shares of worth $106.44 million or 5.44% of the total outstanding shares. The later fund manager was in possession of 9.1 shares on Dec 31, 2024, making its stake of worth around $50.47 million in the company or a holder of 2.58% of company’s stock.
