In the last three months, 7 analysts have published ratings on JetBlue Airways (NASDAQ:JBLU), offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 6 | 1 | 0 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $6.39, a high estimate of $7.75, and a low estimate of $5.00. Marking an increase of 28.83%, the current average surpasses the previous average price target of $4.96.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of JetBlue Airways among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brandon Oglenski | Barclays | Raises | Underweight | $7.00 | $5.00 |
| Stephen Trent | Citigroup | Raises | Neutral | $7.75 | $6.00 |
| Christopher Stathoulopoulos | Susquehanna | Raises | Neutral | $7.00 | $6.00 |
| Duane Pfennigwerth | Evercore ISI Group | Raises | In-Line | $5.00 | $4.00 |
| Stephen Trent | Citigroup | Raises | Neutral | $6.00 | $5.75 |
| Andrew Didora | B of A Securities | Raises | Neutral | $6.00 | $3.00 |
| Helane Becker | TD Cowen | Raises | Hold | $6.00 | $5.00 |
Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to JetBlue Airways. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of JetBlue Airways compared to the broader market. Price Targets: Understanding forecasts, analysts offer estimates for JetBlue Airways's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of JetBlue Airways's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on JetBlue Airways analyst ratings.
All You Need to Know About JetBlue Airways
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.
Unraveling the Financial Story of JetBlue Airways
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: JetBlue Airways's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.51%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -2.54%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): JetBlue Airways's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -2.25%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): JetBlue Airways's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.39%, the company may face hurdles in achieving optimal financial returns.
Debt Management: JetBlue Airways's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.34.
Analyst Ratings: Simplified
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
Latest Ratings for JBLU
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Barclays | Maintains | Equal-Weight | |
| Jan 2022 | Morgan Stanley | Maintains | Overweight | |
| Jan 2022 | MKM Partners | Downgrades | Neutral | Sell |
View More Analyst Ratings for JBLU
View the Latest Analyst Ratings
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