JetBlue Airways Corporation (NASDAQ:JBLU) previous close was $19.68 while the outstanding shares total 316.30M. The firm has a beta of 1.69. JBLU’s shares traded higher over the last trading session, gaining 1.17% on 05/17/21. The shares fell to a low of $19.2199 before closing at $19.91. Intraday shares traded counted 4.9 million, which was 42.14% higher than its 30-day average trading volume of 8.46M. The stock’s Relative Strength Index (RSI) is 52.51, with weekly volatility at 3.71% and ATR at 0.72. The JBLU stock’s 52-week price range has touched low of $7.94 and a $21.96 high.
Investors have identified the Airlines company JetBlue Airways Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $6.07 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
JetBlue Airways Corporation (JBLU) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JBLU, the company has in raw cash 2.36 billion on their books with 463.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 3.61 billion total, with 3.13 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.35 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JBLU sounds very interesting.
Is the stock of JBLU attractive?
In related news, Head of Revenue & Planning, Laurence Scott M sold 228 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 20.35, for a total value of 4,640. As the sale deal closes, the Head of Revenue & Planning, Laurence Scott M now sold 1,078 shares of the company’s stock, valued at 21,883. Also, Director, Gambale Virginia sold 6,849 shares of the company’s stock in a deal that was recorded on Mar 08. The shares were price at an average price of 20.29 per share, with a total market value of 138,966. Following this completion of acquisition, the Chief Financial Officer, Priest Stephen J now holds 5,400 shares of the company’s stock, valued at 100,602. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
8 out of 16 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on JetBlue Airways Corporation. 2 analysts has assigned a Sell rating on the JBLU stock. The 12-month mean consensus price target for the company’s shares has been set at $21.93.