Investing for the Long-Run: Positive Signs for JetBlue Airways Corporation (JBLU)

Priest Stephen J, EVP Chief Financial Officer, subtracted 2,335 shares of JetBlue Airways Corporation (JBLU) from its portfolio at the rate of $18.91 per share valuing $44,164 on Aug 06. The insider left behind 22,086 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of JetBlue Airways Corporation (JBLU) was $18.01. Currently, the 1st Resistance Point for this stock is $18.18, with a 2nd Resistance Point sitting at $18.35. Meanwhile, this company’s stock has a 1st Support Level at $17.91 and a 2nd Support Level at $17.81. JetBlue Airways Corporation (JBLU) stock has lost -$0.24, or -1.32%, in the past five days. In the last full month, these shares have lost -$0.90, or -4.76%. In the past three months, this stock’s price has risen by $0.14, or 0.78%. This year-to-date, JetBlue Airways Corporation (JBLU) shares have gained $1.95, or 12.14%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For JetBlue Airways Corporation (JBLU) stock, Hold % of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .”

With 296,267 K shares outstanding, this company currently has a market capitalization of $5,317,993K. JetBlue Airways Corporation (JBLU) generates $7,658 M in annual sales, amounting to annual net income of $188,000 K. This stock has generated a 1-Year Total Return of -6.68%, a 3-Year Total Return of 13.92%, and a 5-year Total Return of 47.26%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Jun-19, JetBlue Airways Corporation (JBLU) reported earnings of $0.60 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.57 per share, representing a 0.03 difference and 5.10% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.16 represented a 0.04 difference from the consensus estimate calling for $0.12 per share, which was a 30.72% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.64 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $0.71 and the low estimate was $0.61. In the year-ago quarter, JetBlue Airways Corporation (JBLU) generated per-share earnings of $0.43. If the analysts are correct about the current quarter’s earnings, the growth will be +48.84%.

Turning our focus now to insider trading activity, there have been 3 purchases (3,163 shares in total) and 8 sale (10,939 shares in total) in the last 3 months. In the last 6 months, there have been 41 insider buys amounting to 288,077 shares and 39 insider sales amounting to 109,146 shares. In the past full year, 46 insider purchases were made (involving 303,027 shares) and 47 insider sell-offs equivalent to 143,022 shares.

Moving onto liquidity, JetBlue Airways Corporation (JBLU) has a Current Ratio of 0.61, a Quick Ratio of 0.58 and a Cash Ratio of 0.37. Looking at this company’s capital structure, its Total Debt to Total Equity is 45.41, its Total Debt to Total Capital is 31.23, and its Total Debt to Total Assets is now 20.08. Looking even further ahead into the future, its Long-Term Debt to Equity is 38.71 and its Long-Term Debt to Total Capital is 26.62.