Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Southwest Airlines Co (NYSE: LUV) closed at $26.84 down -0.70% from its previous closing price of $27.03. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 15.83 million shares were traded. LUV stock price reached its highest trading level at $26.94 during the session, while it also had its lowest trading level at $26.33.
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 1.02 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on Apr-30-24, Downgraded its rating to Underperform and sets its target price to $20 from $28 previously.
On April 26, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $26 to $25.
Jefferies Upgraded its Underperform to Hold on March 13, 2024, whereas the target price for the stock was revised from $20 to $28.
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 May 02 ’23 when Green Ryan C. sold 4,936 shares for $29.94 per share. The transaction valued at 147,787 led to the insider holds 26,361 shares of the business.
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 16170830848 and an Enterprise Value of 14711571456. As of this moment, Southwest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.57, and their Forward P/E ratio for the next fiscal year is 13.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 0.551 whereas that against EBITDA is 7.042.
Stock Price History:
The Beta on a monthly basis for LUV is 1.15, which has changed by -0.10413885 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, LUV has reached a high of $39.53, while it has fallen to a 52-week low of $21.91. The 50-Day Moving Average of the stock is -11.85%, while the 200-Day Moving Average is calculated to be -8.81%.
Shares Statistics:
For the past three months, LUV has traded an average of 8.60M shares per day and 12133750 over the past ten days. A total of 596.51M shares are outstanding, with a floating share count of 594.55M. Insiders hold about 0.35% of the company’s shares, while institutions hold 81.18% stake in the company. Shares short for LUV as of 1713139200 were 19422264 with a Short Ratio of 2.26, compared to 1710460800 on 17690361. Therefore, it implies a Short% of Shares Outstanding of 19422264 and a Short% of Float of 4.1199997.
Dividends & Splits
According to the company, the forward annual dividend rate for LUV is 0.72, from 0.72 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02663707The 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 2024-03-05 with an ex-dividend date of 1709596800. Stock splits for the company last occurred on 2001-02-16 when the company split stock in a 3:2 ratio.
Earnings Estimates
Southwest Airlines Co (LUV) is currently under the scrutiny of 15.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.61 for the current quarter, with a high estimate of $1.02 and a low estimate of $0.3, while EPS last year was $1.09. The consensus estimate for the next quarter is $0.43, with high estimates of $0.64 and low estimates of $0.16.
Analysts are recommending an EPS of between $2.4 and $0.78 for the fiscal current year, implying an average EPS of $1.28. EPS for the following year is $2.09, with 18.0 analysts recommending between $2.8 and $1.15.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $7.54B this quarter.It ranges from a high estimate of $7.8B to a low estimate of $7.43B. As of the current estimate, Southwest Airlines Co’s year-ago sales were $7.04BFor the next quarter, 12 analysts are estimating revenue of $7.04B. There is a high estimate of $7.29B for the next quarter, whereas the lowest estimate is $6.79B.
A total of 17 analysts have provided revenue estimates for LUV’s current fiscal year. The highest revenue estimate was $28.72B, while the lowest revenue estimate was $26.48B, resulting in an average revenue estimate of $28.04B. In the same quarter a year ago, actual revenue was $26.09BBased on 17 analysts’ estimates, the company’s revenue will be $29.84B in the next fiscal year. The high estimate is $31.01B and the low estimate is $28.85B.
