JetBlue Airways Corporation s in-depth stock price analysis indicates that the stock price has dropped -4.49% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 25.24% . Looking at the past 52 week period, the stock price is down -6.82% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of JetBlue Airways Corporation has a positive value of 6.16 compared to overall market. Stocks of JetBlue Airways Corporation (NASDAQ:JBLU) rallied by 1.54% during the past week but lost 9.01% on a 4-week basis. The company has outperformed the S&P 500 by 0.72% in the past week but underperformed the index by 10.64% in the last 4 weeks.
JetBlue Airways Corporation (NASDAQ:JBLU) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.17 points or 0.85% at $19.8 with 6,124,261 shares getting traded. Post opening the session at $20.08, the shares hit an intraday low of $19.6 and an intraday high of $20.158 and the price was in this range throughout the day. The company has a market cap of $6,410 million and the number of outstanding shares has been calculated to be 323,732,700 shares. The 52-week high of JetBlue Airways Corporation (NASDAQ:JBLU) is $23.67 and the 52-week low is $14.76.
JetBlue Airways Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.49. The company had revenue of $1641.00 million for the quarter, compared to analysts expectations of $1640.22 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.JetBlue Airways Corporation was Reiterated by Imperial Capital on Jan 30, 2017 to Outperform, Lowers Price Target to $ 29 from a previous price target of $31 .JetBlue Airways Corporation was Downgraded by Argus to Hold on Jan 27, 2017. JetBlue Airways Corporation was Upgraded by JP Morgan to Overweight on Jan 25, 2017. Company shares were Reiterated by Imperial Capital on Dec 22, 2016 to Outperform, Raises Price Target to $ 31 from a previous price target of $26 .JetBlue Airways Corporation was Downgraded by Raymond James to Mkt Perform on Dec 21, 2016.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Joel Clinton Peterson (director) sold 5,120 shares at 19.56 per share price.On Feb 3, 2017, Robin Hayes (CEO and President) sold 2,000 shares at 19.64 per share price.On Jan 18, 2017, James G Hnat (EVP & General Counsel) sold 1,000 shares at 21.87 per share price.
JetBlue Airways 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 Yorks John F. Kennedy International Airport.