Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Southwest Airlines Co (NYSE: LUV) closed at $29.93 up 0.17% from its previous closing price of $29.88. In other words, the price has increased by $0.17 from its previous closing price. On the day, 10.1 million shares were traded.
Ratios:
For a deeper understanding of Southwest Airlines Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.59.
On January 17, 2025, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $31.
Citigroup Downgraded its Neutral to Sell on January 16, 2025, whereas the target price for the stock was revised from $31.50 to $29.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 06 ’24 when Rutherford Linda B. sold 3,849 shares for $34.40 per share. The transaction valued at 132,386 led to the insider holds 89,376 shares of the business.
Rutherford Linda B. bought 3,849 shares of LUV for $132,386 on Dec 06 ’24. On Oct 28 ’24, another insider, Elliott Investment Management , who serves as the 10% Owner of the company, sold 1,203,920 shares for $29.83 each. As a result, the insider received 35,912,934 and left with 59,912,580 shares of the company.
Valuation Measures:
As of this moment, Southwest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.14, and their Forward P/E ratio for the next fiscal year is 12.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.72.
Stock Price History:
Over the past 52 weeks, LUV has reached a high of $36.12, while it has fallen to a 52-week low of $23.58. The 50-Day Moving Average of the stock is -8.06%, while the 200-Day Moving Average is calculated to be 1.02%.
Shares Statistics:
A total of 593.31M shares are outstanding, with a floating share count of 585.88M. Insiders hold about 1.14% of the company’s shares, while institutions hold 91.70% stake in the company.
