Jetblue Airways Corp (NASDAQ: JBLU) is -19.21% lower on its value in year-to-date trading and has touched a low of $4.49 and a high of $8.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JBLU stock was last observed hovering at around $6.48 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $6.35, the stock is -9.23% and -10.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.43 million and changing -2.01% at the moment leaves the stock 2.09% off its SMA200. JBLU registered 9.48% gain for a year compared to 6-month gain of 4.96%. The firm has a 50-day simple moving average (SMA 50) of $7.095 and a 200-day simple moving average (SMA200) of $6.21795.
The stock witnessed a -17.53% loss in the last 1 month and extending the period to 3 months gives it a 4.96%, and is 2.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.91% over the week and 6.06% over the month.
Profit margin for the company is -8.57%. Distance from 52-week low is 41.27% and -23.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.11%).
with sales reaching $2.19B over the same period.The EPS is expected to grow by 3.19% this year, but quarterly earnings will post 4.75% year-over-year. Quarterly sales are estimated to shrink -1.04% in year-over-year returns.
Jetblue Airways Corp (JBLU) Top Institutional Holders
435.0 institutions hold shares in Jetblue Airways Corp (JBLU), with institutional investors hold 94.62% of the company’s shares. The shares outstanding are 346.88M, and float is at 292.61M with Short Float at 20.57%. Institutions hold 84.66% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 55.28 million shares valued at $336.68 million. The investor’s holdings represent 16.2744% of the JBLU Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 35.83 million shares valued at $$218.22 million to account for 10.5482 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 17.88 million shares representing 5.2629% and valued at over $108.87 million, while ICAHN CARL C holds 5.2184 of the shares totaling 17.73 million with a market value of $107.96 million.
Jetblue Airways Corp (JBLU) Insider Activity
The most recent transaction is an insider purchase by Mittal Nik,the company’sDirector. SEC filings show that Mittal Nik bought 100,000 shares of the company’s common stock on Feb 04 ’25 at a price of $6.14 per share for a total of $0.61 million. Following the purchase, the insider now owns 0.12 million shares.
