Featured Stock: JetBlue Airways Corporation (JBLU)

04/13/2016 - JetBlue Airways Corporation had its "buy" rating reiterated by analysts at Buckingham Research. Barclays PLC started coverage on shares of JetBlue Airways in a report on Thursday, December 15th. Looking at this figure it suggests that the shares of JetBlue Airways Corporation (JBLU) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that JetBlue Airways Corporation (JBLU) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock.

JetBlue Airways Corporation (JBLU) now has a consensus Price Target of $24.92.

JetBlue Airways Corporation (NASDAQ:JBLU) traded at a yearly high level of $23.15 during the last trading session. The company had a trading volume of 844,491 shares. A total of 6.33 million shares exchanged at hands and its average trading volume is standing at 6.92 million shares. The price to earnings growth is 2.05 and the price to sales ratio is 17. The company has a 1 Year high price target of $24.92.

JetBlue Airways Corporation (NASDAQ:JBLU) have shown a high EPS growth of 51.00% in the last 5 years and has earnings growth of -5.20% yoy. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. JetBlue Airways Corporation had a net margin of 11.66% and a return on equity of 21.13%.

Annual earnings per share (EPS) growth noted at 11.40% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 8.52% in coming 5 years. The firm's quarterly revenue was up 2.9% compared to the same quarter past year.

Analysts' mean recommendation for JetBlue Airways Corporation (JBLU) stands at 2.50. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of United States and global copyright and trademark law. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/04/11/jetblue-airways-co-jblu-stake-cut-by-franklin-resources-inc-updated.html. Chicago Equity Partners LLC now owns 586,310 shares of the company's stock valued at $10,108,000 after buying an additional 2,320 shares during the period. The firm's 50-day moving average is $20.13 and its 200-day moving average is $19.98. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $52.73 on company shares. There may be various price targets for a stock. The shares were sold at an average price of $20.48, for a total transaction of $104,857.60.

The number of shares now held by investors is 333.57 Million. The disclosure for this sale can be found here. Also, Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways stock in a transaction on Monday, April 3rd. Company insiders own 0.70% of the company's stock. Credit Capital Investments LLC acquired a new stake in shares of JetBlue Airways during the third quarter valued at about $3,127,000. Dimensional Fund Advisors LP increased its stake in shares of JetBlue Airways by 2.5% in the fourth quarter. Over the past five trading sessions it is 5.02%; 7.49% for the month; -4.31% for the last quarter; 20.74% for the past six-months; and 12.72% for the last 12 months. Exane Derivatives increased its position in JetBlue Airways by 21.1% in the third quarter.

In an overview of the current analyst recommendations, Buy count is 9 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 1 and 0, respectively. Franklin Resources Inc.'s holdings in JetBlue Airways were worth $1,923,000 as of its most recent SEC filing.

Of all companies tracked, JetBlue Airways Corporation had the 22nd highest net in-flow for the day. JetBlue operates almost a third of its capacity in the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America.

  • Zachary Reyes