JetBlue Airways Co. (NASDAQ:JBLU – Get Rating) has received an average recommendation of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $17.30.
A number of research analysts have recently issued reports on JBLU shares. MKM Partners upgraded shares of JetBlue Airways from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Monday, April 11th. Wolfe Research cut JetBlue Airways from a “peer perform” rating to an “underperform” rating in a report on Tuesday, April 12th. TheStreet cut shares of JetBlue Airways from a “c-” rating to a “d+” rating in a research note on Thursday, May 12th. Morgan Stanley lowered their price target on shares of JetBlue Airways from $23.00 to $22.00 and set an “overweight” rating on the stock in a research note on Monday, April 4th. Finally, Raymond James downgraded shares of JetBlue Airways from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 6th.
Shares of JBLU stock opened at $8.54 on Tuesday. The stock has a market capitalization of $2.74 billion, a PE ratio of -14.47 and a beta of 1.48. JetBlue Airways has a 52-week low of $7.99 and a 52-week high of $17.69. The stock’s 50-day moving average price is $10.77 and its 200 day moving average price is $13.10. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.99.
JetBlue Airways (NASDAQ:JBLU – Get Rating) last issued its quarterly earnings results on Tuesday, April 26th. The transportation company reported ($0.80) earnings per share for the quarter, topping the consensus estimate of ($0.85) by $0.05. JetBlue Airways had a…