JPMorgan Chase & Co. decreased their price target on shares of JetBlue Airways Corp. from $24.50 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 27th. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.53 and $0.62. The mean price target for the shares of company is at $22.70 while the highest price target suggested by the analysts is $29.00 and low price target is $19.00. The stock is a Buy among 9 brokerage firms polled by Factset Research. The company’s revenue was up 1.9% compared to the same quarter a year ago.
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Having a price of $17.53, JetBlue Airways (NASDAQ:JBLU) traded 2.04% higher on the day.
Earnings Roundup: In the last fiscal quarter alone, JetBlue Airways Corporation generated almost $1.64B in sales and net income of $0.53/share.
During the 52-week period, the peak price level of the share was observed at $27.36; this is higher price of share and down price level of the share was seen at $14.76; this is lower price at which share is traded. The stock’s price moved down its 200-day moving average of $4.54.
In Coeur Mining Inc (NYSE:CDE) latest quarter ended on 30 Jun 2016, company announced earnings of $0.11. The institutional ownership stake in the company is 0.40% while the Beta factor stands at 0.37. The shares were sold at an average price of $16.18, for a total transaction of $80,900.00. On Jul 7, 2016, Robin Hayes (CEO and President) sold 5,000 shares at $16.18 per share price, according to the Form-4 filing with the securities and exchange commission. Following the sale, the chief executive officer now directly owns 359,881 shares of the company’s stock, valued at $5,822,874.58.
Earnings Surprise: According to the earnings report released for Quarter Ending Jun-16, The Company posted actual earnings of $0.53 per share whereas the Analysts projected earnings were $0.49 per share. Following the transaction, the Director is left with a stake of 599,773 shares, now valued at $10514021.
VimpelCom Ltd. (NASDAQ:VIP) announced the pricing of an offering by selling shareholder Telenor East Holding II AS (“Telenor”) of 142,500,000 American Depositary Shares (“ADSs”), each representing one common share of the Company, at a public offering price of $3.50 per ADS. 8 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 1. It also provides premium transcontinental product called Mint.
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JetBlue Airways Corporation is a passenger carrier company. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. The Company provides air transportation services across the United States Caribbean and Latin America.
