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Southwest Airlines Co (NYSE: LUV) closed the day trading at $26.94 down -5.74% from the previous closing price of $28.58. In other words, the price has decreased by -$5.74 from its previous closing price. On the day, 16.58 million shares were traded. LUV stock price reached its highest trading level at $28.55 during the session, while it also had its lowest trading level at $26.94.
Ratios:
For a better understanding of LUV, let’s look at its different 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 this company, Melius on June 10, 2024, Reiterated its Sell rating and also kept its target price maintained to $26.
Jefferies Downgraded its Hold to Underperform on April 29, 2024, whereas the target price for the stock was revised from $28 to $20.
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 16122404864 and an Enterprise Value of 14771417088. As of this moment, Southwest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.73, and their Forward P/E ratio for the next fiscal year is 15.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.49. 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 0.553 whereas that against EBITDA is 7.071.
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 -2.83%, while the 200-Day Moving Average is calculated to be -4.59%.
Shares Statistics:
Over the past 3-months, LUV traded about 9.83M shares per day on average, while over the past 10 days, LUV traded about 10058410 shares per day. A total of 596.51M shares are outstanding, with a floating share count of 596.14M. Insiders hold about 0.39% of the company’s shares, while institutions hold 81.02% stake in the company. Shares short for LUV as of 1718323200 were 31349773 with a Short Ratio of 3.19, compared to 1715731200 on 24934013. Therefore, it implies a Short% of Shares Outstanding of 31349773 and a Short% of Float of 6.65.
Dividends & Splits
LUV’s forward annual dividend rate is 0.72, up from 0.72 a year ago. Against a Trailing Annual Dividend Yield of 0.025192443The stock’s 5-year Average Dividend Yield is 1.03.
Earnings Estimates
Southwest Airlines Co (LUV) is currently under the scrutiny of 13.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.51 for the current quarter, with a high estimate of $0.61 and a low estimate of $0.37, while EPS last year was $1.09. The consensus estimate for the next quarter is $0.3, with high estimates of $0.61 and low estimates of -$0.16.
Analysts are recommending an EPS of between $1.2 and -$0.2 for the fiscal current year, implying an average EPS of $0.87. EPS for the following year is $1.71, with 16.0 analysts recommending between $2.45 and $0.05.
Revenue Estimates
11 analysts predict $7.38B in revenue for the current quarter. It ranges from a high estimate of $7.46B to a low estimate of $7.29B. As of the current estimate, Southwest Airlines Co’s year-ago sales were $7.04BFor the next quarter, 11 analysts are estimating revenue of $6.97B. There is a high estimate of $7.18B for the next quarter, whereas the lowest estimate is $6.48B.
A total of 15 analysts have provided revenue estimates for LUV’s current fiscal year. The highest revenue estimate was $28.39B, while the lowest revenue estimate was $26.48B, resulting in an average revenue estimate of $27.64B. In the same quarter a year ago, actual revenue was $26.09BBased on 15 analysts’ estimates, the company’s revenue will be $29.38B in the next fiscal year. The high estimate is $31.01B and the low estimate is $27.58B.
