With 22.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 21.19 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 1.81.
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 -5.28%, but this was up by 2.22% over a month. Three-month performance surged to 9.31% while six-month performance rose 32.65%. The stock gained 0.62% 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 -0.60. This implies an EPS growth rate of 5.19% for this year and 68.95% for next year.
Float and Shares Shorts:
At present, 353.00 million JBLU shares are outstanding with a float of 297.76 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.
Summary of Insider Activity:
Insiders traded JBLU stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
