JetBlue Airways Corp. (NASDAQ: JBLU) recently received a number of ratings updates from brokerages and research firms:

  • 9/19/2016 – JetBlue Airways Corp. was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $19.52 price target on the stock.
  • 9/16/2016 – JetBlue Airways Corp. is now covered by analysts at Imperial Capital. They set an “outperform” rating and a $21.00 price target on the stock.
  • 9/13/2016 – JetBlue Airways Corp. was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $19.14 price target on the stock.
  • 9/12/2016 – JetBlue Airways Corp. was given a new $20.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 8/21/2016 – JetBlue Airways Corp. had its “hold” rating reaffirmed by analysts at Morgan Stanley. They now have a $19.00 price target on the stock.
  • 8/1/2016 – JetBlue Airways Corp. was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $20.58 price target on the stock.
  • 7/28/2016 – JetBlue Airways Corp. had its “hold” rating reaffirmed by analysts at Morgan Stanley. They now have a $18.00 price target on the stock.
  • 7/27/2016 – JetBlue Airways Corp. had its price target lowered by analysts at JPMorgan Chase & Co. from $24.50 to $21.00. They now have a “neutral” rating on the stock.
  • 7/26/2016 – JetBlue Airways Corp. was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $20.58 price target on the stock.

Shares of JetBlue Airways Corp. (NASDAQ:JBLU) opened at 17.30 on Friday. The stock has a 50 day moving average of $16.66 and a 200 day moving average of $18.20. The firm has a market cap of $5.60 billion, a PE ratio of 7.68 and a beta of 0.44. JetBlue Airways Corp. has a 1-year low of $14.76 and a 1-year high of $27.09.

JetBlue Airways Corp. (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.04. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.65 billion. JetBlue Airways Corp. had a net margin of 11.73% and a return on equity of 22.84%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share. Equities research analysts anticipate that JetBlue Airways Corp. will post $2.19 earnings per share for the current fiscal year.

In related news, CEO Robin Hayes sold 5,000 shares of JetBlue Airways Corp. stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $16.18, for a total value of $80,900.00. Following the completion of the sale, the chief executive officer now owns 359,881 shares in the company, valued at $5,822,874.58. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP James G. Hnat sold 10,000 shares of JetBlue Airways Corp. stock in a transaction on Friday, September 16th. The stock was sold at an average price of $17.27, for a total transaction of $172,700.00. The disclosure for this sale can be found here. Insiders own 0.70% of the company’s stock.

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

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