Jetblue Airways Corp (NASDAQ: JBLU) is -54.20% lower on its value in year-to-date trading and has touched a low of $3.61 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 $4.05 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $3.60, the stock is -29.43% and -39.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.3 million and changing -11.11% at the moment leaves the stock -42.36% off its SMA200. JBLU registered -47.06% loss for a year compared to 6-month loss of -50.68%. The firm has a 50-day simple moving average (SMA 50) of $5.9252 and a 200-day simple moving average (SMA200) of $6.24595.
The stock witnessed a -34.72% gain in the last 1 month and extending the period to 3 months gives it a -53.19%, and is -24.69% 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 14.49% over the week and 7.24% over the month.
Profit margin for the company is -8.57%. Distance from 52-week low is -0.28% and -56.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.04%).
with sales reaching $2.15B over the same period.The EPS is expected to shrink by -65.33% this year, but quarterly earnings will post 1.35% year-over-year. Quarterly sales are estimated to shrink -2.81% in year-over-year returns.
Jetblue Airways Corp (JBLU) Top Institutional Holders
452.0 institutions hold shares in Jetblue Airways Corp (JBLU), with institutional investors hold 105.65% of the company’s shares. The shares outstanding are 353.00M, and float is at 299.85M with Short Float at 22.25%. Institutions hold 94.78% 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 16.0197% 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
The most recent transaction is an insider sale by Hurley Ursula L, the company’s Chief 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).
