JetBlue Airways (JBLU) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of JetBlue Airways (NASDAQ: JBLU) in the last few weeks:

  • 2/12/2018 – JetBlue Airways was upgraded by analysts at Wolfe Research from an “underperform” rating to a “market perform” rating.
  • 1/30/2018 – JetBlue Airways was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $26.00 price target on the stock.
  • 1/26/2018 – JetBlue Airways had its “neutral” rating reaffirmed by analysts at Buckingham Research.
  • 1/26/2018 – JetBlue Airways had its “outperform” rating reaffirmed by analysts at Imperial Capital. They now have a $31.00 price target on the stock.
  • 1/26/2018 – JetBlue Airways had its “market perform” rating reaffirmed by analysts at Cowen Inc. They now have a $23.00 price target on the stock, down previously from $24.00.
  • 1/19/2018 – JetBlue Airways was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/13/2018 – JetBlue Airways was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/10/2018 – JetBlue Airways had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $23.00 price target on the stock, up previously from $20.00.
  • 1/9/2018 – JetBlue Airways was downgraded by analysts at Bank of America Corp from a “buy” rating to an “underperform” rating. They now have a $22.00 price target on the stock.
  • 1/5/2018 – JetBlue Airways was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 12/31/2017 – JetBlue Airways was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 12/22/2017 – JetBlue Airways was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of JetBlue Airways Co. (JBLU) traded up $0.06 during trading hours on Monday, reaching $19.89. 5,870,300 shares of the company were exchanged, compared to its average volume of 5,228,373. The company has a market capitalization of $6,380.00, a P/E ratio of 5.67 and a beta of 0.59. JetBlue Airways Co. has a 52 week low of $18.05 and a 52 week high of $24.13. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.25.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings data on Thursday, January 25th. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.75 billion. JetBlue Airways had a return on equity of 14.20% and a net margin of 16.35%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $0.50 EPS. equities analysts anticipate that JetBlue Airways Co. will post 1.91 earnings per share for the current fiscal year.

In related news, EVP George Martin J. St sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $23.00, for a total value of $69,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robin Hayes sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $21.38, for a total transaction of $42,760.00. Following the completion of the transaction, the chief executive officer now directly owns 398,535 shares of the company’s stock, valued at approximately $8,520,678.30. The disclosure for this sale can be found here. Insiders sold 20,545 shares of company stock valued at $442,303 in the last three months. 0.60% of the stock is currently owned by insiders.

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

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