Jetblue Airways Corp (NASDAQ: JBLU) is -40.59% lower on its value in year-to-date trading and has touched a low of $3.34 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 $4.76 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $4.67, the stock is 18.12% and -6.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.21 million and changing -1.89% at the moment leaves the stock -23.05% off its SMA200. JBLU registered -16.38% loss for a year compared to 6-month loss of -17.05%.
The stock witnessed a 11.99% gain in the last 1 month and extending the period to 3 months gives it a -22.68%, and is 14.74% 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 8.14% over the week and 9.16% over the month.
Profit margin for the company is -3.12%. Distance from 52-week low is 39.82% and -43.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.52%).
The EPS is expected to shrink by -119.64% this year.
Jetblue Airways Corp (JBLU) Top Institutional Holders
The shares outstanding are 354.00M, and float is at 299.60M with Short Float at 23.84%.
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 10.3831 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).
