Vetr upgraded shares of JetBlue Airways Corp. (NASDAQ:JBLU) from a buy rating to a strong-buy rating in a research report released on Monday. They currently have $19.52 price objective on the stock.

JBLU has been the topic of a number of other research reports. Imperial Capital started coverage on JetBlue Airways Corp. in a research note on Friday. They issued an outperform rating and a $21.00 target price on the stock. Credit Suisse Group AG reiterated an underweight rating on shares of JetBlue Airways Corp. in a research report on Saturday, June 25th. Zacks Investment Research downgraded JetBlue Airways Corp. from a hold rating to a strong sell rating in a research report on Thursday, June 16th. Cowen and Company reiterated a buy rating and set a $23.00 price target on shares of JetBlue Airways Corp. in a research report on Monday, June 13th. Finally, Morgan Stanley reiterated a hold rating and set a $19.00 price target on shares of JetBlue Airways Corp. in a research report on Sunday, August 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. JetBlue Airways Corp. has a consensus rating of Buy and a consensus target price of $23.96.

Shares of JetBlue Airways Corp. (NASDAQ:JBLU) opened at 17.22 on Monday. The company has a market capitalization of $5.57 billion, a PE ratio of 7.65 and a beta of 0.44. JetBlue Airways Corp. has a 52 week low of $14.76 and a 52 week high of $27.09. The company has a 50-day moving average price of $16.67 and a 200-day moving average price of $18.25.

JetBlue Airways Corp. (NASDAQ:JBLU) last issued its earnings results on Tuesday, July 26th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.04. JetBlue Airways Corp. had a return on equity of 22.84% and a net margin of 11.73%. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. The company’s revenue was up 1.9% compared to the same quarter last year. Analysts predict that JetBlue Airways Corp. will post $2.18 earnings per share for the current year.

In other JetBlue Airways Corp. news, Director Joel Clinton Peterson sold 5,120 shares of the firm’s stock in a transaction on Friday, July 1st. The stock was sold at an average price of $16.64, for a total transaction of $85,196.80. Following the completion of the sale, the director now owns 610,013 shares of the company’s stock, valued at $10,150,616.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP James G. Hnat sold 10,000 shares of the firm’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $17.27, for a total value of $172,700.00. The disclosure for this sale can be found here. Company insiders own 0.70% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. Paradigm Asset Management Co. LLC boosted its stake in JetBlue Airways Corp. by 0.3% in the second quarter. Paradigm Asset Management Co. LLC now owns 30,400 shares of the company’s stock valued at $503,000 after buying an additional 100 shares during the period. Stratos Wealth Partners LTD. boosted its stake in JetBlue Airways Corp. by 2.0% in the first quarter. Stratos Wealth Partners LTD. now owns 11,481 shares of the company’s stock valued at $242,000 after buying an additional 220 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its stake in JetBlue Airways Corp. by 0.4% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 55,617 shares of the company’s stock valued at $921,000 after buying an additional 222 shares during the period. Public Employees Retirement Association of Colorado boosted its stake in JetBlue Airways Corp. by 2.8% in the second quarter. Public Employees Retirement Association of Colorado now owns 10,340 shares of the company’s stock valued at $171,000 after buying an additional 286 shares during the period. Finally, Shufro Rose & Co. LLC boosted its stake in JetBlue Airways Corp. by 3.4% in the first quarter. Shufro Rose & Co. LLC now owns 10,387 shares of the company’s stock valued at $219,000 after buying an additional 337 shares during the period. 80.21% of the stock is owned by institutional investors.

JetBlue Airways Corp. Company Profile

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. It operates various types of aircrafts, including Airbus A321, Airbus A320 and Embraer E190. It also provides premium transcontinental product called Mint.

5 Day Chart for NASDAQ:JBLU

Receive News & Ratings for JetBlue Airways Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JetBlue Airways Corp. and related companies with MarketBeat.com's FREE daily email newsletter.