Economy

JetBlue Airways Corporation (JBLU) EPS Estimated At $0.32

Other large investors have also recently added to or reduced their stakes in the company. It also increased its holding in Occidental Pete Corp Del (NYSE:OXY) by 31,074 shares in the quarter, for a total of 878,361 shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

The E.W. Scripps Company (NYSE:SSP)'s earnings per share has been growing at a 37.8 percent rate over the past 5 year when average revenue increase was noted as 5.3 percent. JetBlue Airways's revenue was up 4.7% compared to the same quarter past year.

Following some medium-term indicators on shares of Oclaro, Inc. 2 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Jetblue Airways had 40 analyst reports since July 29, 2015 according to SRatingsIntel. As per Tuesday, August 22, the company rating was maintained by Jefferies.

News headlines about JetBlue Airways (NASDAQ:JBLU) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The hedge fund held 643,970 shares of the natural gas distribution company at the end of 2017Q3, valued at $16.79 million, down from 813,961 at the end of the previous reported quarter. At Bancorp, Iowa-based fund reported 21,459 shares. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. The stock has been active on the tape, now trading at $21.69, up from yesterday's close by 0.46%. JetBlue Airways has a 12-month low of $18.05 and a 12-month high of $24.13.

JetBlue Airways Corporation (NASDAQ:JBLU) has seen its SMA20 which is now -1.76%. The stock increased 2.79% or $0.75 during the last trading session, reaching $27.63. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.25.

JetBlue Airways (NASDAQ:JBLU) last released its quarterly earnings data on Tuesday, October 24th. The transportation company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.03. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period a year ago, the business earned $0.58 earnings per share.

JetBlue Airways Corporation (Nasdaq:JBLU) is a low-fare, low-cost passenger airline, which provides high-quality customer service primarily on point-to-point routes and is based in New York's John F. Kennedy International Airport.JetBlue carries more than 38 million customers a year to 101 cities in the U.S., Caribbean, and Latin America with an average of 1,000 daily flights. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 4.77% with $318.25 Million sitting short, betting on future declines. This company shares are 19.34% off its target price of $42.71 and the current market capitalization stands at $12.76B.

In related news, Director Joel Clinton Peterson sold 5,120 shares of the company's stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $18.96, for a total value of $97,075.20. This works out to a net increase in ownership of 10 million shares, and suggests that institutions are feeling bullish about the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. The stock is now moving below its 20-Day Simple Moving Average of -1.22% with a 50-Day Simple Moving Average of 5.05 percent. Following the transaction, the director now owns 539,702 shares in the company, valued at approximately $10,232,749.92. The disclosure for this sale can be found here.

The Stock had a 2.38 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.33 and 2.17 respectively. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of USA & global copyright & trademark laws. (NASDAQ:JBLU) by 27.7% during the second quarter, Holdings Channel reports. If you are accessing this piece of content on another site, it was stolen and republished in violation of global copyright and trademark law. The Ontario - Canada-based Canada Pension Plan Invest Board has invested 0.01% in JetBlue Airways Corporation (NASDAQ:JBLU). Cushing Asset Mngmt Lp owns 6.16 million shares or 5.14% of their USA portfolio. Its segments include Domestic, and Caribbean & Latin America. It operates various types of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.



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