JetBlue Airways Corporation (JBLU) Given Media Impact Rating of 0.16

News headlines about JetBlue Airways Corporation (NASDAQ:JBLU) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. JetBlue Airways Corporation earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 46.0440763999802 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern’s scoring:

Shares of JetBlue Airways Corporation (NASDAQ:JBLU) traded down $0.27 during trading on Friday, reaching $19.99. 3,297,823 shares of the company’s stock were exchanged, compared to its average volume of 6,198,343. The company has a market cap of $6,409.73, a price-to-earnings ratio of 10.30 and a beta of 0.65. JetBlue Airways Corporation has a 1-year low of $18.05 and a 1-year high of $24.13. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.56 and a current ratio of 0.56.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its quarterly earnings results on Tuesday, October 24th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. JetBlue Airways Corporation had a net margin of 9.38% and a return on equity of 15.95%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the firm earned $0.58 EPS. The company’s revenue was up 4.7% on a year-over-year basis. sell-side analysts expect that JetBlue Airways Corporation will post 1.75 earnings per share for the current year.

Several equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of JetBlue Airways Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday. J P Morgan Chase & Co downgraded shares of JetBlue Airways Corporation from an “overweight” rating to a “neutral” rating and set a $22.00 target price for the company. in a research report on Wednesday, November 1st. Deutsche Bank AG upped their price objective on shares of JetBlue Airways Corporation from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Imperial Capital reaffirmed a “buy” rating and issued a $31.00 price objective on shares of JetBlue Airways Corporation in a research report on Tuesday, October 17th. Finally, Cowen and Company increased their target price on shares of JetBlue Airways Corporation from $21.00 to $22.00 and gave the company a “market perform” rating in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $25.25.

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In related news, Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $18.96, for a total transaction of $97,075.20. Following the completion of the transaction, the director now directly owns 539,702 shares of the company’s stock, valued at approximately $10,232,749.92. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Robin Hayes sold 2,000 shares of JetBlue Airways Corporation stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $19.89, for a total transaction of $39,780.00. Following the transaction, the chief executive officer now directly owns 404,362 shares of the company’s stock, valued at $8,042,760.18. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,860 shares of company stock valued at $474,419. Corporate insiders own 0.60% of the company’s stock.

About JetBlue Airways Corporation

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

Insider Buying and Selling by Quarter for JetBlue Airways Corporation (NASDAQ:JBLU)

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