JetBlue Airways (JBLU) to Release Earnings on Tuesday

JetBlue Airways (NASDAQ:JBLU) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, July 30th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

JetBlue Airways Stock Performance

NASDAQ JBLU opened at $6.21 on Monday. The stock has a fifty day simple moving average of $5.76 and a 200-day simple moving average of $6.14. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.78. The stock has a market cap of $2.11 billion, a PE ratio of -2.51 and a beta of 1.93. JetBlue Airways has a twelve month low of $3.42 and a twelve month high of $7.97.

Analysts Set New Price Targets

Several brokerages have weighed in on JBLU. Barclays lowered their target price on shares of JetBlue Airways from $6.00 to $5.00 and set an “underweight” rating for the company in a research note on Monday, May 6th. TD Cowen dropped their target price on shares of JetBlue Airways from $6.00 to $4.00 and set a “hold” rating for the company in a report on Wednesday, July 17th. Evercore ISI boosted their target price on JetBlue Airways from $5.00 to $8.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. Susquehanna raised their price target on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Finally, Citigroup cut their price objective on JetBlue Airways from $6.90 to $6.50 and set a “neutral” rating on the stock in a report on Wednesday, May 29th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, JetBlue Airways has an average rating of “Hold” and an average price target of $5.55.

JetBlue Airways Company Profile

JetBlue Airways Corporation provides air transportation services. The company 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 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.