News headlines about JetBlue (NASDAQ:JBLU) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JetBlue earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the transportation company an impact score of 46.2849054806216 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- JetBlue New President Is Top-Ranking Woman at Major US Airline (bloomberg.com)
- BRIEF-Jetblue Announces Retirement Of General Counsel (reuters.com)
- Cloudy Skies Ahead For JetBlue (seekingalpha.com)
- JetBlue Names New President as CEO Shifts to Long-Term Strategy (finance.yahoo.com)
- JetBlue Announces Retirement of General Counsel (markets.financialcontent.com)
JBLU has been the topic of a number of recent analyst reports. ValuEngine upgraded JetBlue from a “hold” rating to a “buy” rating in a research note on Tuesday, May 1st. Morgan Stanley lifted their price objective on JetBlue from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Monday, April 16th. JPMorgan Chase upgraded JetBlue from a “neutral” rating to an “overweight” rating and set a $26.00 price objective on the stock in a research note on Tuesday, January 30th. Cowen reiterated a “market perform” rating and issued a $23.00 price objective (down from $24.00) on shares of JetBlue in a research note on Friday, January 26th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $21.00 price objective on shares of JetBlue in a research note on Wednesday, April 25th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $24.09.
JBLU stock opened at $19.04 on Friday. JetBlue has a twelve month low of $18.05 and a twelve month high of $24.13. The stock has a market cap of $6.11 billion, a P/E ratio of 11.13, a PEG ratio of 0.60 and a beta of 0.57. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 0.53.
JetBlue (NASDAQ:JBLU) last released its earnings results on Tuesday, April 24th. The transportation company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. JetBlue had a return on equity of 13.10% and a net margin of 16.05%. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period last year, the business earned $0.25 earnings per share. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. sell-side analysts predict that JetBlue will post 1.81 earnings per share for the current fiscal year.
In related news, VP Alexander Chatkewitz sold 3,000 shares of JetBlue stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $22.58, for a total transaction of $67,740.00. Following the sale, the vice president now directly owns 3,096 shares of the company’s stock, valued at $69,907.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Robin Hayes sold 2,000 shares of JetBlue stock in a transaction dated Tuesday, May 1st. The stock was sold at an average price of $19.11, for a total value of $38,220.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,000 shares of company stock worth $247,500. 0.63% of the stock is owned by company insiders.
JetBlue Company Profile
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2017, the company operated a fleet of 53 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 101 destinations in 30 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S.
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