Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $31.77 in the prior trading day, Southwest Airlines Co (NYSE: LUV) closed at $31.79, up 0.06%. In other words, the price has increased by $0.06 from its previous closing price. On the day, 5.15 million shares were traded. LUV stock price reached its highest trading level at $32.235 during the session, while it also had its lowest trading level at $31.61.
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.
Jefferies Upgraded its Underperform to Hold on October 09, 2024, whereas the target price for the stock was revised from $24 to $32.
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 Oct 28 ’24 when Elliott Investment Management sold 1,203,920 shares for $29.83 per share. The transaction valued at 35,912,934 led to the insider holds 59,912,580 shares of the business.
GANGWAL RAKESH bought 643,788 shares of LUV for $19,300,400 on Oct 01 ’24. The Director now owns 3,606,311 shares after completing the transaction at $29.98 per share. On Oct 01 ’24, another insider, GANGWAL RAKESH, who serves as the Director of the company, bought 530,918 shares for $29.89 each. As a result, the insider paid 15,866,908 and bolstered with 2,962,523 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 19065640960 and an Enterprise Value of 18778646528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 0.686 whereas that against EBITDA is 11.164.
Stock Price History:
Over the past 52 weeks, LUV has reached a high of $35.18, while it has fallen to a 52-week low of $23.58. The 50-Day Moving Average of the stock is 4.15%, while the 200-Day Moving Average is calculated to be 9.19%.
Shares Statistics:
The stock has traded on average 8.09M shares per day over the past 3-months and 6076080 shares per day over the last 10 days, according to various share statistics. A total of 596.51M shares are outstanding, with a floating share count of 593.39M. Insiders hold about 1.06% of the company’s shares, while institutions hold 91.37% stake in the company. Shares short for LUV as of 1730332800 were 39777201 with a Short Ratio of 4.92, compared to 1727654400 on 45940099. Therefore, it implies a Short% of Shares Outstanding of 39777201 and a Short% of Float of 8.42.
Dividends & Splits
In the trailing 12 months, LUV’s forward annual dividend rate was 0.72, compared to 0.72 this year. Against a Trailing Annual Dividend Yield of 0.02266289The stock’s 5-year Average Dividend Yield is 1.03.
