Charles Schwab Funding Administration Inc. boosted its holdings in JetBlue Airways Co. (NASDAQ:JBLU – Free Report) by 13.3% throughout the third quarter, based on the corporate in its most up-to-date disclosure with the Securities and Trade Fee. The fund owned 5,661,742 shares of the transportation firm’s inventory after buying an extra 663,865 shares throughout the interval. Charles Schwab Funding Administration Inc. owned about 1.63% of JetBlue Airways value $37,141,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers additionally not too long ago added to or diminished their stakes in JBLU. Belief Co. of Vermont bought a brand new place in shares of JetBlue Airways throughout the 2nd quarter valued at $27,000. Bogart Wealth LLC lifted its place in JetBlue Airways by 1,951.2% throughout the third quarter. Bogart Wealth LLC now owns 4,205 shares of the transportation firm’s inventory valued at $28,000 after buying an extra 4,000 shares over the last quarter. Strategic Funding Options Inc. IL purchased a brand new stake in JetBlue Airways throughout the second quarter value about $34,000. GAMMA Investing LLC raised its stake in shares of JetBlue Airways by 79.2% throughout the second quarter. GAMMA Investing LLC now owns 6,770 shares of the transportation firm’s inventory value $41,000 after buying an extra 2,993 shares within the final quarter. Lastly, Point72 DIFC Ltd purchased a brand new stake in shares of JetBlue Airways within the 2nd quarter valued at about $48,000. Institutional buyers personal 83.71% of the corporate’s inventory.
Analyst Upgrades and Downgrades
JBLU has been the subject of a number of current analyst studies. Evercore ISI raised their goal worth on shares of JetBlue Airways from $4.00 to $5.00 and gave the inventory an “in-line” ranking in a report on Thursday, October third. StockNews.com upgraded shares of JetBlue Airways to a “promote” ranking in a analysis be aware on Thursday, November seventh. Citigroup lifted their goal worth on JetBlue Airways from $6.00 to $7.75 and gave the inventory a “impartial” ranking in a report on Tuesday, October twenty second. UBS Group reissued a “promote” ranking and issued a $5.00 goal worth on shares of JetBlue Airways in a analysis report on Tuesday, November twenty sixth. Lastly, Susquehanna elevated their goal worth on JetBlue Airways from $6.00 to $7.00 and gave the corporate a “impartial” ranking in a report on Wednesday, October ninth. 4 analysis analysts have rated the inventory with a promote ranking, six have given a maintain ranking and one has issued a purchase ranking to the corporate’s inventory. Based on information from MarketBeat, the corporate has a consensus ranking of “Maintain” and a mean goal worth of $6.43.
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JetBlue Airways Buying and selling Up 3.7 %
Shares of NASDAQ JBLU opened at $6.19 on Tuesday. The corporate has a debt-to-equity ratio of two.98, a present ratio of 1.21 and a fast ratio of 1.18. The inventory has a market capitalization of $2.15 billion, a P/E ratio of -2.46 and a beta of 1.92. The enterprise has a fifty day transferring common worth of $6.54 and a 200 day transferring common worth of $5.93. JetBlue Airways Co. has a 1-year low of $4.49 and a 1-year excessive of $8.07.
JetBlue Airways (NASDAQ:JBLU – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, October twenty ninth. The transportation firm reported ($0.16) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.10. The enterprise had income of $2.37 billion for the quarter, in comparison with analyst estimates of $2.36 billion. JetBlue Airways had a damaging return on fairness of 8.35% and a damaging web margin of 9.17%. The corporate’s income was up .5% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the agency earned ($0.39) earnings per share. Equities analysis analysts count on that JetBlue Airways Co. will put up -0.92 EPS for the present fiscal yr.
JetBlue Airways Firm Profile
(Free Report)
JetBlue Airways Company gives air transportation providers. The corporate operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 plane. It additionally serves 100 locations throughout america, the Caribbean and Latin America, Canada, and Europe.
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