We Believe This Rot Runs Deep: JetBlue Airways Corporation (JBLU)

Wall Street analysts will be watching closely when JetBlue Airways Corporation (NASDAQ:JBLU) reports its quarterly earnings next, which is scheduled for Tue 23 Apr (In 70 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.24 per share. In the preceding quarter, the company reportedly generated EPS of $0.50 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 6.40%, a profit margin of 10.50% and a gross margin of 68.40%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of JetBlue Airways Corporation (NASDAQ:JBLU). Most recently, on February 4th, 2019, Vertical Research Initiated a Hold rating. Before that, on January 10th, 2019, JP Morgan Downgrade to Neutral. Imperial Capital Reiterated a Outperform rating on January 9th, 2019, Imperial Capital Reiterated an Outperform rating on December 4th, 2018, and Credit Suisse Initiated a Underperform rating on November 19th, 2018.

At its current price point, combined with the fact that this company has 304.11M shares outstanding, the current market capitalization sits at 5.44B. In the last trading day, 4,126,310 shares of JetBlue Airways Corporation were traded, which compares to its usual volume of about 4.72M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.08 in the past five trading days, resulting in a percentage change of -0.45% and a moving average of 18.11. In the past 20 days, its price changed by $0.74 (which is +4.31%) and the stock’s moving average was 17.85. Looking back a full 50 days, shares of JBLU changed by -$1.14 (which is -5.99%) and demonstrated a moving average of 17.40.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 47.13%, a 14-day Stochastic %K score of 68.39% and a 20-day Stochastic %K score of 74.59%. Using a similar metric, JetBlue Airways Corporation (JBLU) shares showed a Stochastic %D of 54.03% over the past 9 days, a Stochastic %D score of 73.33% over the last 14 days, and a 20-day Stochastic %D of 79.72%. Meanwhile, this stock’s MACD Oscillator was 0.05 over the past 9 days, 0.03 over the past two weeks, and 0.24 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $17.89 level. Over the past 12 months, this stock has experienced a high price of $22.80 and a low of $15.19. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Wellington Management Co LLP sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from JetBlue Airways Corporation (NASDAQ:JBLU) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 30,810,024 shares of the company’s stock following the subtraction of -12,383 to this investor’s holdings during the three-month period. This share count represents that Wellington Management Co LLP now held 10.11% stake in JetBlue Airways Corporation (JBLU)’s shares.

Just in the most recent trading day, JetBlue Airways Corporation (NASDAQ:JBLU) experienced a high price of $18.36 and low point of $17.85. At the end of the last trading session, this stock was at 17.89 per share, following a loss of -$0.02, or -2.03% during the full day.