JetBlue Airways Corporation (JBLU): Is It A Good Long Term Opportunity?

JetBlue Airways Corporation accounts for about 3.3% of Credit Capital Investments LLC's portfolio, making the stock its 11th largest position.

WARNING: "Cowen and Company Raises JetBlue Airways Corporation (JBLU) Price Target to $22.00" was posted by StockNewsTimes and is owned by of StockNewsTimes. AQR Capital Management LLC boosted its stake in shares of JetBlue Airways Corporation by 28.5% in the 1st quarter. The stock's 12-month trailing earnings per share stands at $1.97. Smith Graham Co Invest Advsr LP owns 0.81% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 326,530 shares. When looking at the past five sessions, the stock returned -0.1% losses and is down by -3.17% compared with its 200-day moving average of $21.31. The shares went up by 7.67% in value last month. Great West Life Assurance Co.

Denali Advisors Llc decreased Jetblue Airways Corp (JBLU) stake by 85.3% reported in 2017Q2 SEC filing. Moreover, Voya Invest Mgmt Limited Liability has 0.02% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 475,376 shares. The company has its outstanding shares of 328.74M. Hedge funds and other institutional investors own 80.95% of the company's stock. Also, JetBlue Airways Corporation (JBLU) needs to expand a 9.41% increase it experienced over the past twelve months.

Analysts expect JetBlue Airways Corporation (JBLU) to generate earnings per share of $1.75 in 2017. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 10.33 and a beta of 0.59. JBLU 's 20-day moving average now sits above its 100-day moving average. Cantab Capital Ptnrs Ltd Liability Partnership stated it has 0% in JetBlue Airways Corporation (NASDAQ:JBLU). The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.60 by $0.02. Connecticut-based Cubist Systematic Strategies Ltd Liability has invested 0.02% in JetBlue Airways Corporation (NASDAQ:JBLU).

EVHC's mean recommendation on Reuter's scale presents no change from 1.47 thirty days ago to 1.47 now, which indicates a buy consensus from the analyst community. Cowen & Co downgraded the shares of JBLU in report on Wednesday, January 4 to "Market Perform" rating. The company's revenue for the quarter was up 2.7% compared to the same quarter previous year.

Several brokerages recently weighed in on JBLU. Finally, ValuEngine upgraded JetBlue Airways Corporation from a buy rating to a strong-buy rating in a research report on Wednesday, August 23rd. KeyBanc Capital Markets maintained the shares of PKG in report on Thursday, October 12 with "Hold" rating. Zacks Investment Research upgraded JetBlue Airways Corporation from a hold rating to a buy rating and set a $26.00 price target for the company in a report on Wednesday, July 12th. Morgan Stanley dropped their target price on JetBlue Airways Corporation from $24.00 to $23.00 and set an equal weight rating on the stock in a report on Thursday, August 17th. The stock has "Buy" rating by Needham on Friday, July 28. The mean target price as estimated by the analysts for the company has been recorded at $15.02.

Among 8 analysts covering Hill-Rom (NYSE:HRC), 6 have Buy rating, 0 Sell and 2 Hold. The firm earned "Buy" rating on Monday, April 25 by Argus Research.

At the moment 16 analysts are watching JetBlue Airways Corporation (NASDAQ:JBLU), 3 rate it "Buy", 4 "Outperform", 8 "Underperform", 0 "Sell", while 1 "Hold". The stock was sold at an average price of $20.23, for a total value of $121,380.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The shares were sold at an average price of $22.00, for a total transaction of $112,640.00. Following the transaction, the chief executive officer now owns 402,362 shares of the company's stock, valued at $7,467,838.72. The disclosure for this sale can be found here. Jetblue Airways Corp Com now has $6.69B valuation. The Firm provides air transportation services across the United States, the Caribbean and Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

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