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After finishing at $31.65 in the prior trading day, Southwest Airlines Co (NYSE: LUV) closed at $31.26, down -1.23%. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 17.45 million shares were traded. LUV stock price reached its highest trading level at $33.085 during the session, while it also had its lowest trading level at $30.952.
Ratios:
Our goal is to gain a better understanding of LUV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.57.
On January 16, 2025, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $31.50 to $29.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LUV now has a Market Capitalization of 18747779072 and an Enterprise Value of 18694682624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 0.683 whereas that against EBITDA is 11.115.
Stock Price History:
The Beta on a monthly basis for LUV is 1.14, which has changed by 0.042146802 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. 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 -4.99%, while the 200-Day Moving Average is calculated to be 5.84%.
Shares Statistics:
The stock has traded on average 6.85M shares per day over the past 3-months and 9013330 shares per day over the last 10 days, according to various share statistics. A total of 599.74M shares are outstanding, with a floating share count of 593.37M. Insiders hold about 1.06% of the company’s shares, while institutions hold 90.35% stake in the company. Shares short for LUV as of 1736899200 were 31952595 with a Short Ratio of 4.66, compared to 1734048000 on 33889155. Therefore, it implies a Short% of Shares Outstanding of 31952595 and a Short% of Float of 6.760000400000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.03. The current Payout Ratio is 99.09% for LUV, which recently paid a dividend on 2024-12-26 with an ex-dividend date of 1735171200. Stock splits for the company last occurred on 2001-02-16 when the company split stock in a 3:2 ratio.