On Monday, Jetblue Airways Corp (NASDAQ: JBLU) opened higher 2.18% from the last session, before settling in for the closing price of $6.42. Price fluctuations for JBLU have ranged from $3.42 to $7.58 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 20.61%. Company’s average yearly earnings per share was noted -106.72% at the time writing. With a float of $310.63 million, this company’s outstanding shares have now reached $339.00 million.
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Jetblue Airways Corp (JBLU) Insider Activity
A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of Jetblue Airways Corp is 10.44%, while institutional ownership is 79.12%.
Jetblue Airways Corp (JBLU) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.39 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.25) by -0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -106.72% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
Check out the current performance indicators for Jetblue Airways Corp (JBLU). In the past quarter, the stock posted a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.80, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of Jetblue Airways Corp (JBLU)
Compared to the last year’s volume of 15.31 million, its volume of 14.33 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.13%. Additionally, its Average True Range was 0.28.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 73.62%, which indicates a significant decrease from 96.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.25% in the past 14 days, which was lower than the 63.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.53, while its 200-day Moving Average is $5.93. Nevertheless, the first resistance level for the watch stands at $6.65 in the near term. At $6.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.90. If the price goes on to break the first support level at $6.40, it is likely to go to the next support level at $6.25. Should the price break the second support level, the third support level stands at $6.15.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
There are currently 340,135K shares outstanding in the company with a market cap of 2.28 billion. Presently, the company’s annual sales total 9,615 M according to its annual income of -310,000 K. Last quarter, the company’s sales amounted to 2,428 M and its income totaled 25,000 K.
