Currently, there are 347.00M common shares owned by the public and among those 292.94M shares have been available to trade.
The company’s stock has a 5-day price change of -0.78% and 7.30% over the past three months. JBLU shares are trading -2.80% year to date (YTD), with the 12-month market performance up to 63.07% higher. It has a 12-month low price of $4.49 and touched a high of $8.28 over the same period. JBLU has an average intraday trading volume of 18.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.24%, 10.13%, and 22.86% respectively.
Institutional ownership of Jetblue Airways Corp (NASDAQ: JBLU) shares accounts for 77.06% of the company’s 347.00M shares outstanding.
It has a market capitalization of $2.65B and a beta (3y monthly) value of 1.85. The earnings-per-share (ttm) stands at -$2.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.49% over the week and 5.20% over the month.
Earnings per share for the fiscal year are expected to decrease by -81.91%, and 33.22% over the next financial year.
Looking at the support for the JBLU, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on January 17, 2025, with the firm’s price target at $6.50. Morgan Stanley coverage for the Jetblue Airways Corp (JBLU) stock in a research note released on December 11, 2024 offered a Equal-Weight rating with a price target of $8. UBS was of a view on November 26, 2024 that the stock is Sell, while Goldman gave the stock Sell rating on November 15, 2024, issuing a price target of $5.50. BofA Securities on their part issued Neutral rating on September 09, 2024.
