The shares of JetBlue Airways Corporation (NASDAQ:JBLU) has been pegged with a rating of Buy by Citigroup in its latest research note that was published on June 11th, 2019. The research company has also assigned a $26 price target. Citigroup wasn’t the only research firm that published a report of JetBlue Airways Corporation, with other equities research analysts also giving their opinion on the stock. Susquehanna advised investors in its research note published on May 28th, 2019, to Positive the JBLU stock. The stock had earned Outperform rating from Imperial Capital when it published its report on April 24th, 2019. That day the Imperial Capital set price target on the stock to $24. The stock was given Market Perform rating by Cowen in its report released on April 11th, 2019, the day when the price target on the stock was placed at $19. BofA/Merrill was of a view that JBLU is Underperform in its latest report on April 4th, 2019 while giving it a price target of $16. Barclays thinks that JBLU is worth Equal Weight rating. This was contained in the firm’s report on March 11th, 2019 in which the stock’s price target was also moved to $20.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 11 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $19.66. The price of the stock the last time has raised by 26.66% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 71.29.
The shares of the company added by 0.79% during the trading session on Wednesday, reaching a low of $18.86 while ending the day at $19.24. During the trading session, a total of 4.57 million shares were traded which represents a 5.92% incline from the average session volume which is 4.86M shares. JBLU had ended its last session trading at 19.09. JetBlue Airways Corporation currently has a market cap of $5.87B, while its P/E ratio stands at 51.44, while its P/E earnings growth sits at 0.76, with a beta of 0.90. JetBlue Airways Corporation debt-to-equity ratio currently stands at 0.33, while its quick ratio hovers at 0.50. JBLU 52-week low price stands at $15.19 while its 52-week high price is $20.14.
The company in its last quarterly report recorded $0.16 earnings per share which is above the $0.12 predicted by most analysts. The JetBlue Airways Corporation generated $1,871.00 million in revenue during the last quarter, which is slightly higher than the $1,865.47 million predicted by analysts. In the second quarter last year, the firm recorded $0.50 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -212.5%. JetBlue Airways Corporation has the potential to record 0.37 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Atlantic Equities published a research note on June 4th, 2019 where it informed investors and clients that Kohl’s Corporation (NYSE:KSS) is now rated as Underweight. Their price target on the stock stands at $42. Susquehanna also rated KSS as Initiated on May 28th, 2019, with its price target of suggesting that KSS could surge by 36.99% from its current share price. Even though the stock has been trading at $47.95/share, analysts expect it to surge higher by 0.04% to reach $76.13/share. It started the day trading at $48.36 and traded between $47.63 and $47.97 throughout the trading session.
A look at its technical shows that KSS’s 50-day SMA is 63.30 while its 200-day SMA stands at 68.81. The stock has a high of $83.28 for the year while the low is $47.08. The company’s P/E ratio currently sits at 10.00, while the P/B ratio is 1.40. At the moment, only of Kohl’s Corporation shares were sold short. The company’s average trading volume currently stands at 4.33M shares, which means that the short-interest ratio is just 7.27 days. Over the past seven days, the company moved, with its shift of -1.90%. Looking further, the stock has dropped -30.06% over the past 90 days while it lost -24.85% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more KSS shares, decreasing its portfolio by -0.72% during the last quarter. This move now sees The Vanguard Group Inc selling -134,375 shares in the last quarter, thus it now holds 18,527,486 shares of KSS, with a total valuation of $913,775,610. BlackRock Fund Advisors meanwhile sold more KSS shares in the recently filed quarter, changing its stake to $611,717,193 worth of shares. SSgA Funds Management Inc followed the path by increasing its KSS portfolio by +0.52% in the quarter. This means that SSgA Funds Management Inc bought 44,924 shares in the last quarter and now controls 8,637,566 shares of the KSS stock, with the valuation hitting $426,004,755.
Similarly, JPMorgan Investment Management I decreased its Kohl’s Corporation shares by -5.41% during the recently filed quarter. After selling -363,115 shares in the last quarter, the firm now controls 6,348,733 shares of Kohl’s Corporation which are valued at $313,119,512. In the same vein, LSV Asset Management decreased its Kohl’s Corporation shares by during the most recent reported quarter. The firm sold -72,600 shares during the quarter which decreased its stakes to 6,303,024 shares and is now valued at $310,865,144. Following these latest developments, around 0.70% of Kohl’s Corporation stocks are owned by institutional investors and hedge funds.