JetBlue Airways Corp. Sets New 1-Year High at $9.22 (JBLU)
JetBlue Airways Corp. (NASDAQ:JBLU) set a new 52-week high during mid-day trading on Thursday, AnalystRatings.Net reports. The stock traded as high as $9.22 and last traded at $8.80, with a volume of 8,362,437 shares. The stock had previously closed at $9.00.
JBLU has been the subject of a number of recent research reports. Analysts at Raymond James downgraded shares of JetBlue Airways Corp. from a “market perform” rating to an “underperform” rating in a research note to investors on Monday, November 25th. Separately, analysts at Imperial Capital reiterated a “buy” rating on shares of JetBlue Airways Corp. in a research note to investors on Friday, November 22nd. They now have a $10.00 price target on the stock. Finally, analysts at CRT Capital raised their price target on shares of JetBlue Airways Corp. from $8.50 to $12.00 in a research note to investors on Friday, November 22nd. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.19.
JetBlue Airways Corp. has a 52-week low of $5.70 and a 52-week high of $9.20. The stock’s 50-day moving average is $8.64 and its 200-day moving average is $7.21. The company has a market cap of $2.487 billion and a price-to-earnings ratio of 23.44.
JetBlue Airways Corp. (NASDAQ:JBLU) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.22 by $0.01. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the company posted $0.14 earnings per share. JetBlue Airways Corp.’s revenue was up 10.2% compared to the same quarter last year. Analysts expect that JetBlue Airways Corp. will post $0.50 EPS for the current fiscal year.
JetBlue Airways Corporation (NASDAQ:JBLU) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft.
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