News articles about JetBlue Airways (NASDAQ:JBLU) have trended very positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. JetBlue Airways earned a news impact score of 3.40 on their scale. InfoTrie also assigned media headlines about the transportation company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have impacted JetBlue Airways’ score:

NASDAQ JBLU remained flat at $$21.56 during mid-day trading on Friday. 472,414 shares of the company were exchanged, compared to its average volume of 5,881,383. The business has a 50-day simple moving average of $19.49 and a 200 day simple moving average of $18.54. JetBlue Airways has a 12-month low of $15.60 and a 12-month high of $21.59. The stock has a market cap of $6.10 billion, a P/E ratio of 11.23, a P/E/G ratio of 0.37 and a beta of 0.82. The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 0.43.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings results on Thursday, January 23rd. The transportation company reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.01. JetBlue Airways had a net margin of 7.03% and a return on equity of 12.13%. The firm had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the prior year, the firm posted $0.50 earnings per share. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. Equities analysts forecast that JetBlue Airways will post 2.45 EPS for the current year.

JBLU has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of JetBlue Airways from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $23.00 to $24.00 in a research note on Monday, October 28th. ValuEngine upgraded shares of JetBlue Airways from a “strong sell” rating to a “sell” rating in a research note on Thursday, October 31st. TheStreet upgraded shares of JetBlue Airways from a “c+” rating to a “b-” rating in a research note on Monday, November 11th. BidaskClub upgraded shares of JetBlue Airways from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Barclays reiterated a “hold” rating and set a $23.00 price objective on shares of JetBlue Airways in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $22.00.

In related news, CFO Stephen J. Priest sold 1,927 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $20.01, for a total transaction of $38,559.27. Following the completion of the sale, the chief financial officer now directly owns 19,545 shares in the company, valued at $391,095.45. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Robin Hayes sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $18.91, for a total transaction of $47,275.00. Following the sale, the chief executive officer now owns 463,225 shares of the company’s stock, valued at $8,759,584.75. The disclosure for this sale can be found here. Insiders sold 10,427 shares of company stock valued at $201,679 over the last quarter. Company insiders own 0.79% of the company’s stock.

About JetBlue Airways

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2018, the company operated a fleet of 63 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 105 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S.

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