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 $27.26 down -6.96% from its previous closing price of $29.30. In other words, the price has decreased by -$6.96 from its previous closing price. On the day, 36.92 million shares were traded. LUV stock price reached its highest trading level at $27.48 during the session, while it also had its lowest trading level at $26.0.
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 1.07 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.85.
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 March 13, 2024, Upgraded its rating to Hold and sets its target price to $28 from $20 previously.
On March 12, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $40.
Deutsche Bank Upgraded its Hold to Buy on February 20, 2024, whereas the target price for the stock was revised from $28 to $42.
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 16308430848 and an Enterprise Value of 15208270848. As of this moment, Southwest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.07, and their Forward P/E ratio for the next fiscal year is 12.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.583 whereas that against EBITDA is 7.057.
Stock Price History:
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 -11.17%, while the 200-Day Moving Average is calculated to be -7.75%.
Shares Statistics:
For the past three months, LUV has traded an average of 8.23M shares per day and 10827620 over the past ten days. A total of 596.51M shares are outstanding, with a floating share count of 593.72M. Insiders hold about 0.49% of the company’s shares, while institutions hold 80.28% stake in the company. Shares short for LUV as of 1713139200 were 19422264 with a Short Ratio of 2.36, 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 0.02457338The stock’s 5-year Average Dividend Yield is 1.03.
