JetBlue Airways Corporation (NASDAQ:JBLU) registered a 1.29% increase, still its new closing price is 32.86% up from the company’s 1 year high of 23.67.It posted -8.45% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 1 sells versus 4 buy or better ratings. The 15 stock analysts following this company have an average price target at $25.31, with individual PT in the $19.00-$33.00 range. The shares moved at $19.61, implying that brokerage firms see shares losing about -12.38% in twelve months time.
JetBlue Airways Corporation (JBLU) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -12.53% fall year to date. A EVP & General Counsel at JetBlue Airways Corporation (JBLU) offloaded shares in a transaction closed on Friday January 13, 2017. HNAT JAMES G sold 1,000 shares in the company at $21.87 each and collected $21,001 in proceeds. HNAT JAMES G now owns 19,564 shares in the company after this transaction. A Director in the company, PETERSON JOEL CLINTON, disclosed a transaction on Tuesday January 03, 2017 that ended up generating $115,000 from the sale of 5,120 shares at $22.51 per share.
JetBlue Airways Corporation (NASDAQ:JBLU) Upcoming Results on Tap
JetBlue Airways Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.31 in that period. Sales during the quarter are predicted to arrive at $1.67 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.64 billion in revenue and EPS of $0.50. The mean forecast was for $1.64 billion and $0.49 a share, respectively. One quarter earlier, revenue for the stock was at $1.73 billion, with earnings at $0.58/share.
JetBlue Airways Corporation (JBLU) Brokerage Update
JetBlue Airways Corporation (JBLU) is in Argus’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Argus, according to news reported on Friday January 27, 2017.Another important research note was issued by JP Morgan on Wednesday January 25, 2017.The firm upgraded JBLU to Overweight from Neutral. Over the last six months and over the last three months, the shares of JetBlue Airways Corporation (JBLU), have changed 7.75% and 13.62%, respectively.