Jetblue Airways Corp (NASDAQ: JBLU) is -22.52% 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 $6.46 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $6.09, the stock is -8.58% and -14.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 36.17 million and changing -5.73% at the moment leaves the stock -3.14% off its SMA200. JBLU registered -6.02% loss for a year compared to 6-month gain of 22.04%.
The stock witnessed a -7.45% loss in the last 1 month and extending the period to 3 months gives it a 2.18%, and is -5.73% down 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 5.99% over the week and 5.80% over the month.
Profit margin for the company is -8.57%. Distance from 52-week low is 35.48% and -26.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.04%).
The EPS is expected to grow by 5.19% this year.
Jetblue Airways Corp (JBLU) Top Institutional Holders
The shares outstanding are 353.00M, and float is at 297.76M with Short Float at 19.28%.
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 5.1806% and valued at over $108.87 million, while ICAHN CARL C holds 5.1368 of the shares totaling 17.73 million with a market value of $107.96 million.
Jetblue Airways Corp (JBLU) Insider Activity
A total of 0 insider transactions have happened at Jetblue Airways Corp (JBLU) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Hurley Ursula L,the company’sChief Financial Officer. SEC filings show that Hurley Ursula L sold 15,000 shares of the company’s common stock on Feb 18 ’25 at a price of $7.50 per share for a total of $0.11 million. Following the sale, the insider now owns 41833.0 shares.
Still, SEC filings show that on Feb 04 ’25, Mittal Nik (Director) acquired 100,000 shares at an average price of $6.14 for $0.61 million. The insider now directly holds 116,443 shares of Jetblue Airways Corp (JBLU).
Jetblue Airways Corp (JBLU): Who are the competitors?
The company’s main competitors (and peers) include Southwest Airlines Co. (LUV) that is trading -14.79% down over the past 12 months. Delta Air Lines Inc. (DAL) that is 30.84% higher over the same period.
