Jetblue Airways Corp (NASDAQ: JBLU) kicked off on Friday, up 0.17% from the previous trading day, before settling in for the closing price of $5.96. Over the past 52 weeks, JBLU has traded in a range of $4.10-$8.07.
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Annual sales at Industrials sector company grew by 20.61% over the past five years. While this was happening, its average annual earnings per share was recorded -105.04%. With a float of $292.94 million, this company’s outstanding shares have now reached $339.00 million.
In terms of profitability, gross margin is 7.66%, operating margin of -2.16%, and the pretax margin is -9.91%.
Jetblue Airways Corp (JBLU) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of Jetblue Airways Corp is 15.55%, while institutional ownership is 76.73%.
Jetblue Airways Corp (JBLU) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.19 earnings per share (EPS), higher than consensus estimate (set at -0.27) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -105.04% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
Take a look at Jetblue Airways Corp’s (JBLU) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -0.59 in one year’s time.
Technical Analysis of Jetblue Airways Corp (JBLU)
Jetblue Airways Corp (NASDAQ: JBLU) saw its 5-day average volume 13.11 million, a negative change from its year-to-date volume of 15.8 million. As of the previous 9 days, the stock’s Stochastic %D was 13.48%. Additionally, its Average True Range was 0.35.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 41.26%, which indicates a significant increase from 11.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.27% in the past 14 days, which was lower than the 77.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.53, while its 200-day Moving Average is $6.16. Nevertheless, the first resistance level for the watch stands at $6.06 in the near term. At $6.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.21. If the price goes on to break the first support level at $5.91, it is likely to go to the next support level at $5.86. The third support level lies at $5.76 if the price breaches the second support level.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
The company with the Market Capitalisation of 2.07 billion has total of 346,877K Shares Outstanding. Its annual sales at the moment are 9,615 M in contrast with the sum of -310,000 K annual income. Company’s last quarter sales were recorded 2,365 M and last quarter income was -60,000 K.
