A new trading day began on Tuesday, with Jetblue Airways Corp (NASDAQ: JBLU) stock price down -11.86% from the previous day of trading, before settling in for the closing price of $4.72. JBLU’s price has ranged from $3.34 to $8.31 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -124.97%. With a float of $291.86 million, this company’s outstanding shares have now reached $364.00 million.
Jetblue Airways Corp (JBLU) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of Jetblue Airways Corp is 19.74%, while institutional ownership is 67.17%. 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
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.21 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -124.97% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
Here are Jetblue Airways Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17.
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)
Jetblue Airways Corp (NASDAQ: JBLU) saw its 5-day average volume 32.35 million, a positive change from its year-to-date volume of 23.36 million. As of the previous 9 days, the stock’s Stochastic %D was 25.29%.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 16.93%, which indicates a significant increase from 10.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 in the past 14 days, which was higher than the 0.22 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 $5.14. Nevertheless, the first resistance level for the watch stands at $4.49 in the near term. At $4.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.03. If the price goes on to break the first support level at $3.95, it is likely to go to the next support level at $3.73. Assuming the price breaks the second support level, the third support level stands at $3.41.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
With a market capitalization of 1.51 billion, the company has a total of 363,664K Shares Outstanding. Currently, annual sales are 9,279 M while annual income is -795,000 K. The company’s previous quarter sales were 2,356 M while its latest quarter income was -74,000 K.
