Jetblue Airways Corp (JBLU)’s latest performance is not what we had anticipated

Zack King

On Tuesday, Jetblue Airways Corp (NASDAQ: JBLU) was -2.87% drop from the session before, before settling in for the closing price of $4.88. A 52-week range for JBLU has been $3.34 – $8.31.

When this article was written, the company’s average yearly earnings per share was at -125.81%. With a float of $291.09 million, this company’s outstanding shares have now reached $364.00 million.

Jetblue Airways Corp (JBLU) Insider Updates

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 19.96%, while institutional ownership is 67.14%. The most recent insider transaction that took place on Feb 18 ’25, was worth 112,500. In this transaction Chief Financial Officer of this company sold 15,000 shares at a rate of $7.50, taking the stock ownership to the 41,833 shares. Before that another transaction happened on Feb 18 ’25, when Company’s Officer proposed sale 15,000 for $7.50, making the entire transaction worth $112,500.

Jetblue Airways Corp (JBLU) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.16 earnings per share (EPS) during the time that was better than consensus figure (set at -0.21) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.41 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -125.81% 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 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.09, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -0.96 in one year’s time.

Technical Analysis of Jetblue Airways Corp (JBLU)

The latest stats from [Jetblue Airways Corp, JBLU] show that its last 5-days average volume of 18.61 million was inferior to 23.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.34%.

During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 47.62%, which indicates a significant increase from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.18 in the past 14 days, which was lower than the 0.23 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.95, while its 200-day Moving Average is $5.36. Now, the first resistance to watch is $4.87. This is followed by the second major resistance level at $4.99. The third major resistance level sits at $5.10. If the price goes on to break the first support level at $4.64, it is likely to go to the next support level at $4.53. Assuming the price breaks the second support level, the third support level stands at $4.41.

Jetblue Airways Corp (NASDAQ: JBLU) Key Stats

There are 363,664K outstanding shares of the company, which has a market capitalization of 1.72 billion. As of now, sales total 9,279 M while income totals -795,000 K. Its latest quarter income was 2,356 M while its last quarter net income were -74,000 K.

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