With 19.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 20.9 million shares. The 52-week range on JBLU shows that it touched its highest point at $8.31 and its lowest point at $4.49 during that stretch. It currently has a 1-year price target of $6.08. Beta for the stock currently stands at 1.80.
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 -16.54%, but this was down by -19.95% over a month. Three-month performance surged to 6.95% while six-month performance rose 36.29%. The stock lost -1.22% in the past year, while it has lost -17.81% so far this year. A look at the trailing 12-month EPS for JBLU yields -2.33 with Next year EPS estimates of -0.21. For the next quarter, that number is -0.61. This implies an EPS growth rate of 3.71% for this year and 69.46% for next year.
Float and Shares Shorts:
At present, 353.00 million JBLU shares are outstanding with a float of 298.02 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JBLU since 9 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.68218 being high and -$0.90617 being low. For JBLU, this leads to a yearly average estimate of -$0.82472. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is -$0.01. The average estimate for the next quarter is thus $0.06.
