Published: Tue, April 17, 2018
Business | By Tara Barton

EPS for JetBlue Airways Corporation (JBLU) Expected At $0.18


The transportation company reported $0.32 EPS for the quarter, missing the Zacks' consensus estimate of $0.34 by ($0.02). The stock has a market cap of $6,195.77, a P/E ratio of 11.56, a PEG ratio of 0.55 and a beta of 0.55. The stock increased 1.33% or $0.26 during the last trading session, reaching $19.77. Edwards Lifesciences Corporation (NYSE:EW) has risen 44.06% since April 16, 2017 and is uptrending. It has outperformed by 34.67% the S&P500. The stock traded on impressive volume of 3.22 Million comparing to the average volume of 5018.29 shares, completing picture of exact trends with uncompleted dots in volume over the norm. The Company provides air transportation services across the United States, the Caribbean and Latin America. Corvex Management Lp who had been investing in Jetblue Airways Corp for a number of months, seems to be bullish on the $6.20 billion market cap company. The stock increased 2.59% or $0.505 during the last trading session, reaching $20.015. JBLU has also 2.99M shares volume. During the same period in the prior year, the company posted $0.50 earnings per share. sell-side analysts forecast that JetBlue Airways will post 1.91 earnings per share for the current fiscal year. JBLU underperformed by 13.23% the S&P 500. J.P. Morgan downgraded JetBlue Airways Corporation (NASDAQ:JBLU) on Wednesday, November 1 to "Hold" rating. Therefore 45% are positive. On Friday, January 29 the stock rating was upgraded by Evercore to "Buy". The company has a consensus rating of "Hold" and a consensus price target of $24.63. The firm has "Outperform" rating given on Monday, April 4 by Leerink Swann. For the next financial year, analysts anticipate that the company will report sales of $8.34 billion per share, with estimates ranging from $8.25 billion to $8.47 billion. Cowen reissued a "market perform" rating and set a $24.00 price objective (up from $22.00) on shares of JetBlue Airways in a research note on Tuesday, December 12th.

Analysts contributed mean rating at 2.7. (NYSE:OMI) has "Hold" rating given on Thursday, February 1 by Jefferies. The rating was maintained by Cowen & Co on Tuesday, December 12 with "Hold". Credit Suisse reinitiated Edwards Lifesciences Corporation (NYSE:EW) on Monday, August 10 with "Outperform" rating. Masters Capital Management LLC raised its holdings in shares of JetBlue Airways by 300.0% in the fourth quarter. On Thursday, March 29 Stephens maintained the shares of JBLU in report with "Hold" rating.

Wedbush Securities Inc increased Alibaba Group Holding (NYSE:BABA) stake by 3,559 shares to 7,400 valued at $1.28M in 2017Q4.

Frontier Capital Management Co Llc, which manages about $13.68B US Long portfolio, decreased its stake in Unitil Corporation (NYSE:UTL) by 137,857 shares to 813,550 shares, valued at $37.11 million in 2017Q4, according to the filing. JetBlue Airways's quarterly revenue was up 2.9% on a year-over-year basis.

Investors sentiment decreased to 0.72 in Q4 2017. Its up 0.15, from 0.76 in 2017Q3.

Acacia Communica Cmn (ACIA): Attractive Mover
Element Capital Management LLC acquired a new stake in shares of Acacia Communications in the fourth quarter worth $3,571,000. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile.

Want to see what other hedge funds are holding JBLU? Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Wealthtrust reported 410 shares or 0% of all its holdings.

JBLU's price to sales ratio for trailing twelve months is 0.89 and price to book ratio for most recent quarter is 1.30, whereas price to cash per share for the most recent quarter is 8.96. With Latest gain move, stock price showed -18.07% downward in value from one year high price and revealed 9.53% up in value from its one year low price. 275,447 are held by Gateway Advisers Lc. Paloma Prtn Mgmt holds 13,496 shares or 0% of its portfolio. Benjamin F Edwards Inc reported 550 shares.

Institutional Ownership/ Insider Ownership: JetBlue Airways Corporation institutional ownership is held at 92.2% while insider ownership was 0.5%. After a recent check, JetBlue Airways Corporation, (NASDAQ: JBLU)'s last month price volatility comes out to be 2.65% which for the week stands at 2.56%. Macquarie Limited invested in 69,200 shares or 0% of the stock. (NYSE:OMI) for 1.60 million shares.

ILLEGAL ACTIVITY WARNING: "JetBlue Airways (JBLU) Set to Announce Earnings on Tuesday" was originally reported by Week Herald and is owned by of Week Herald. Northwestern Mutual Wealth Mngmt Communications invested 0% of its portfolio in JetBlue Airways Corporation (NASDAQ:JBLU). State Street owns 8.19 million shares. The value there would make it reasonable for the investors to decide the dimensions of FireEye, Inc. not at all like the standard sales or statistics of their aggregate resources.

Among 18 analysts covering Jetblue Airways (NASDAQ:JBLU), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Jetblue Airways had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 29 by Imperial Capital. They issued an "equal weight" rating and a $22.00 price target for the company. The firm earned "Hold" rating on Friday, January 27 by Argus Research. The firm has "Sell" rating given on Tuesday, January 9 by Bank of America. JP Morgan downgraded the shares of JBLU in report on Wednesday, November 1 to "Neutral" rating. Imperial Capital maintained JetBlue Airways Corporation (NASDAQ:JBLU) rating on Monday, January 30. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an predictable return higher than the risk-free rate of interest. On Friday, January 26 Buckingham Research maintained the shares of JBLU in report with "Neutral" rating. The stock has "Underweight" rating by JP Morgan on Tuesday, December 19.

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