With 14.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 18.06 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $7.19 whereas the lowest price it dropped to was $6.97. The 52-week range on JBLU shows that it touched its highest point at $8.07 and its lowest point at $3.42 during that stretch. It currently has a 1-year price target of $6.35. Beta for the stock currently stands at 1.91.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JBLU was down-trending over the past week, with a drop of -10.81%, but this was up by 11.66% over a month. Three-month performance surged to 21.08% while six-month performance rose 24.22%. The stock gained 70.95% in the past year, while it has gained 29.37% so far this year. A look at the trailing 12-month EPS for JBLU yields -2.80 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.22. This implies an EPS growth rate of -83.47% for this year and 53.84% for next year.
Float and Shares Shorts:
At present, 339.00 million JBLU shares are outstanding with a float of 310.63 million shares on hand for trading. On 2024-10-15, short shares totaled 50.81 million, which was 1464.9999 higher than short shares on 1726185600. In addition to Ms. Joanna L. Geraghty as the firm’s CEO & Director, Ms. Ursula L. Hurley serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.82343 of JBLU’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, JBLU reported revenue of $2428000000.0 and operating income of $58000000.0. The EBITDA in the recently reported quarter was $257000000.0 and diluted EPS was $0.07.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JBLU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
