On Monday, Jetblue Airways Corp (NASDAQ: JBLU) was 1.79% up from the session before settling in for the closing price of $6.72. A 52-week range for JBLU has been $3.42 – $7.65.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Industrials Sector giant was 20.61%. When this article was written, the company’s average yearly earnings per share was at -84.63%. With a float of $310.63 million, this company’s outstanding shares have now reached $339.00 million.
In terms of profitability, gross margin is 6.34%, operating margin of -3.42%, and the pretax margin is -10.95%.
Jetblue Airways Corp (JBLU) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Jetblue Airways Corp stocks. The insider ownership of Jetblue Airways Corp is 10.44%, while institutional ownership is 79.11%.
Jetblue Airways Corp (JBLU) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.39 earnings per share (EPS) during the time that was less than consensus figure (set at -0.25) by -0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -84.63% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
You can see what Jetblue Airways Corp (JBLU) is doing with its current performance indicators. In the most recent 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 0.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.80, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.38 in one year’s time.
Technical Analysis of Jetblue Airways Corp (JBLU)
Looking closely at Jetblue Airways Corp (NASDAQ: JBLU), its last 5-days average volume was 11.63 million, which is a drop from its year-to-date volume of 15.35 million. As of the previous 9 days, the stock’s Stochastic %D was 37.89%. Additionally, its Average True Range was 0.33.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 74.33%, which indicates a significant increase from 51.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.89% in the past 14 days, which was higher than the 65.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.70, while its 200-day Moving Average is $5.99. However, in the short run, Jetblue Airways Corp’s stock first resistance to watch stands at $6.95. Second resistance stands at $7.07. The third major resistance level sits at $7.19. If the price goes on to break the first support level at $6.71, it is likely to go to the next support level at $6.59. Should the price break the second support level, the third support level stands at $6.47.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
There are 340,135K outstanding shares of the company, which has a market capitalization of 2.37 billion. As of now, sales total 9,615 M while income totals -310,000 K. Its latest quarter income was 2,428 M while its last quarter net income were 25,000 K.
