Shares of JetBlue Airways Co. (NASDAQ:JBLU – Get Rating) have received an average recommendation of “Hold” from the fifteen research firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $17.27.
A number of research firms recently issued reports on JBLU. TheStreet downgraded shares of JetBlue Airways from a “c-” rating to a “d+” rating in a research report on Thursday, May 12th. Zacks Investment Research raised shares of JetBlue Airways from a “sell” rating to a “hold” rating and set a $17.00 price objective for the company in a report on Friday, February 11th. MKM Partners raised shares of JetBlue Airways from a “neutral” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Monday, April 11th. Wolfe Research cut shares of JetBlue Airways from a “peer perform” rating to an “underperform” rating in a report on Tuesday, April 12th. Finally, Morgan Stanley cut their price objective on shares of JetBlue Airways from $23.00 to $22.00 and set an “overweight” rating for the company in a report on Monday, April 4th.
NASDAQ JBLU opened at $10.61 on Friday. The company has a market capitalization of $3.40 billion, a PE ratio of -17.98 and a beta of 1.48. The company has a fifty day moving average of $12.14 and a 200 day moving average of $13.64. JetBlue Airways has a 1 year low of $9.22 and a 1 year high of $20.60. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.81 and a quick ratio of 0.80.
JetBlue Airways (NASDAQ:JBLU – Get Rating) last posted its earnings results on Tuesday, April 26th. The transportation company reported ($0.80) earnings per share (EPS) for the quarter,…