Bernstein Reaffirms “Buy” Rating for Starbucks (SBUX) Stock; Jetblue Airways (JBLU) Sentiment Is 0.84

June 19, 2017 - By Darrin Black

JetBlue Airways Corporation is a passenger carrier company. The company has market cap of $7.53 billion. The Firm provides air transportation services across the United States, the Caribbean and Latin America. It has a 12.06 P/E ratio. The Company’s divisions include Domestic, and Caribbean & Latin America.

Among 20 analysts covering Starbucks Corporation (NASDAQ:SBUX), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Starbucks Corporation has $72 highest and $59 lowest target. $64.94’s average target is 7.98% above currents $60.14 stock price. Starbucks Corporation had 32 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 30 by UBS. On Monday, May 15 the stock rating was upgraded by Deutsche Bank to “Buy”. The firm has “Hold” rating given on Monday, August 24 by Zacks. On Wednesday, September 21 the stock rating was initiated by Longbow with “Buy”. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Strong-Buy” rating given on Friday, August 28 by Vetr. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Wednesday, October 19 with “Outperform” rating. The rating was downgraded by Wedbush to “Neutral” on Wednesday, June 14. CLSA maintained the stock with “Buy” rating in Wednesday, September 28 report. OTR Global downgraded Starbucks Corporation (NASDAQ:SBUX) on Wednesday, July 13 to “Mixed” rating. As per Friday, March 18, the company rating was reinitiated by Stifel Nicolaus.

Since January 1, 0001, it had 0 buys, and 19 insider sales for $1.70 million activity.

The stock decreased 1.04% or $0.24 on June 16, reaching $22.79. About shares traded. JetBlue Airways Corporation (JBLU) has risen 18.75% since June 19, 2016 and is uptrending. It has outperformed by 2.05% the S&P500.

Analysts await JetBlue Airways Corporation (NASDAQ:JBLU) to report earnings on July, 25. They expect $0.50 EPS, down 5.66% or $0.03 from last year’s $0.53 per share. JBLU’s profit will be $165.20M for 11.40 P/E if the $0.50 EPS becomes a reality. After $0.25 actual EPS reported by JetBlue Airways Corporation for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Ratings analysis reveals 50% of JetBlue Airways’s analysts are positive. Out of 6 Wall Street analysts rating JetBlue Airways, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $21.0 while the high is $33.0. The stock’s average target of $27 is 18.47% above today’s ($22.79) share price. JBLU was included in 6 notes of analysts from September 16, 2016. As per Wednesday, January 25, the company rating was upgraded by JP Morgan. On Wednesday, December 21 the stock rating was downgraded by Raymond James to “Mkt Perform”. The firm earned “Neutral” rating on Friday, November 18 by Citigroup. The company was initiated on Friday, September 16 by Imperial Capital. Argus Research downgraded the shares of JBLU in report on Friday, January 27 to “Hold” rating. On Thursday, December 15 the stock rating was initiated by Barclays Capital with “Overweight”.

Tyvor Capital Llc holds 5.96% of its portfolio in JetBlue Airways Corporation for 655,415 shares. Tide Point Capital Management Lp owns 2.70 million shares or 4.44% of their US portfolio. Moreover, Donald Smith & Co. Inc. has 3.65% invested in the company for 6.06 million shares. The New York-based Nwi Management Lp has invested 3.35% in the stock. Garrison Bradford & Associates Inc, a New York-based fund reported 144,400 shares.

Since January 31, 2017, it had 0 buys, and 6 insider sales for $16.35 million activity. Another trade for 113,346 shares valued at $6.15 million was sold by BRADLEY WILLIAM W. 10,000 shares were sold by ULLMAN MYRON E III, worth $633,700. 5,868 shares were sold by Ramo Joshua Cooper, worth $324,114. Another trade for 114,826 shares valued at $6.83 million was made by BURROWS CLIFFORD on Thursday, May 18.

The stock increased 0.08% or $0.05 during the last trading session, reaching $60.14. About 80 shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since June 19, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.08, from 1.06 in 2016Q3. It is positive, as 59 investors sold Starbucks Corporation shares while 450 reduced holdings. 127 funds opened positions while 452 raised stakes. 970.72 million shares or 1.73% more from 954.23 million shares in 2016Q3 were reported. Columbia Asset Mngmt holds 61,075 shares. Illinois-based Lodestar Inv Counsel Limited Liability Corporation Il has invested 0.14% in Starbucks Corporation (NASDAQ:SBUX). Synovus invested 0.2% in Starbucks Corporation (NASDAQ:SBUX). Vision Cap Management Inc owns 2.07% invested in Starbucks Corporation (NASDAQ:SBUX) for 95,540 shares. Strategic Advsr Lc owns 26,470 shares or 0.77% of their US portfolio. 103,844 are owned by Schaper Benz & Wise Invest Counsel Incorporated Wi. Pinnacle Prns holds 0.11% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 9,003 shares. Mcf Ltd Co accumulated 250 shares. Caisse De Depot Et Placement Du Quebec holds 132,422 shares. Green Square Ltd Liability Corporation owns 13,053 shares. Hartford Fin Mgmt Inc stated it has 0.01% in Starbucks Corporation (NASDAQ:SBUX). Clearbridge Ltd invested in 110,268 shares. Geneva Advsr Llc reported 2.98% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). West Coast Financial Limited Liability holds 106,244 shares. Middleton And Incorporated Ma reported 62,790 shares stake.

Starbucks Corporation is a roaster, marketer and retailer of coffee. The company has market cap of $87.16 billion. As of October 2, 2016, the Company operated in 75 countries. It has a 29.94 P/E ratio. The Firm operates through four divisions: Americas, which is inclusive of the United States, Canada, and Latin America; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA), and Channel Development.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on July, 27 after the close. They expect $0.55 earnings per share, up 12.24% or $0.06 from last year’s $0.49 per share. SBUX’s profit will be $797.11M for 27.34 P/E if the $0.55 EPS becomes a reality. After $0.45 actual earnings per share reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 22.22% EPS growth.