Earnings estimates

JetBlue Airways (JBLU) is expected to release its second quarter earnings on July 26, 2016. The company is expected to earn $0.49 in 2Q16 according to an analyst consensus surveyed by Bloomberg, compared to EPS of $0.44 in 2Q15.

JetBlue Airways: What Are Analysts’ Recommendations?

Analyst recommendations

Out of the 13 analysts tracking JBLU, 61.5% of the analysts (eight analysts) have a “buy” rating on the stock, 38.5% (five analysts) have a “hold,” rating, and none of the analysts have a “sell” rating.

With the exception of Eva Dimensions, all analysts have maintained their rating on the stock after 1Q16’s results, which indicates bullishness for the company’s stock.

Target prices

The consensus target price for JBLU is $23.59, which indicates a return potential of 20% from the current market price. JetBlue Airways received some mixed ratings ahead of its second quarter earnings release. Let’s look at some of the latest analyst views for the company:

  1. David E. Coleman from Argus Research has the highest price target for JetBlue Airways at $26.00. Argus Research maintains a “buy” rating on the stock.
  2. Duane Pfennigwerth from Evercore ISI follows closely with a $25 stock price and has also maintained its “buy” rating on JetBlue stock.
  3. Julie Yates from Credit Suisse reaffirmed the company’s stock to its rating of “neutral” with its second-lowest price target of $20.
  4. Rajeev Lalwani from Morgan Stanley has the lowest price target of $18.

Investors can read our pre-earnings analysis reports of Alaska Air Group (ALK), Spirit Airlines (SAVE), American Airlines (AAL), and Southwest Airlines (LUV). The Guggenheim S&P MidCap 400 Pure Growth ETF (RFG) holds 0.84% of its portfolio in JBLU.

Latest articles

After opening on a bearish note on Wednesday, Tesla (TSLA) was trading with 4.8% losses for the day, near $195.25 at 1:16 PM ET.

With voting conducted in seven phases panning six weeks, India’s (EPI) elections have been a grand affair—to say the least. Tomorrow is the day of the results.

Qualcomm (QCOM) stock fell more than 10% in the first half of trading on May 22 after it lost its licensing lawsuit with the US FTC (Federal Trade Commission).

Apple (AAPL) suffered a setback recently when the US Supreme Court allowed an antitrust lawsuit against the company to proceed.

Today doesn’t seem to be a good day for electric vehicle companies. Earlier today, NIO stock hit an all-time low of $4.00.

22 May

Cannabis Stocks Struggle to Find Direction

WRITTEN BY Adam Jones

The cannabis sector has been struggling to find direction on May 22, with cannabis stocks trading on a largely mixed note in the first half.

172.31.71.127