The Southwest Airlines Co. (NYSE:LUV) is going down by -0.42% in today’s trading session, a fall equivalent to -0.24% of the stock’s price from yesterday’s market close. A news came out on 12/03/19 stating that Southwest Airlines Executive Honored By Business Travel Industry by WSJ. The lowest point that the shares touched during the trading session was $55.4101, while the peak of the day was recorded at a share price of $55.94. LUV finished the previous session at $55.47 according to the data provided by Barchart, while the trading volume was observed to be $1060656.
In the 100 days of trading, LUV managed to top a 54.08% Moving average. Additionally, Southwest Airlines Co. shares have achieved a 52-week range between 44.28 and 58.77 alongside 100 days raw stochastic set at 69.87%.
The number of shares outstanding, according to the fundamentals of the company, is set at 533.00M, equal to the value of $29.57B in market capitalization. In the last 30 days, Southwest Airlines Co. shares went down by -5.22%, adding 58.41 to growth in value, on top of a +0.97% boost since 11/08/19.
Southwest Airlines Co. (NYSE:LUV) Analyst’s Estimates
Southwest Airlines Co. (LUV) could record at least $1.15 per share in quarterly earnings in the upcoming report on 01/23/2020, a number that would actually represent an increase of 4.95 YOY.
According to the average analyst rating, Southwest Airlines Co. would be rated as Hold. Out of 21 different analysts monitoring LUV stock, 6 analysts rate the stock as a BUY, 13 suggest to give the rating of HOLD, 0 indicate that LUV is an OVERWEIGHT, 2 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On November 13, 2019, the stock earned a Initiated rating due to a new analyst call from UBS, while analysts from Citigroup believe that the stock is set at Neutral, as concluded on October 31, 2019. Bernstein, is still rather wary about the stock, deciding to keep the rating at Mkt Perform as confirmed through a call on October 31, 2019.
Regardless of the rating, Stifel did decrease their price from $75 to $60 as they are considering target share price analysis. Macquarie, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on September 13, 2019, giving the stock a Outperform from the Neutral rating.
LUV Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +27.43% has been attained, while the operating margin has been recorded at +14.45%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 9.24%. Beta value of the stock is recorded at 1.44. Additionally, Southwest Airlines Co. is recording price volatility of 1.16% for the period of the last seven days and 1.22% in the last 30 days.
Southwest Airlines Co. (NYSE:LUV) Technical Outlook
For the period of the last 50 days, Southwest Airlines Co. had its Raw Stochastic average set at 57.08% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 14.80%. Stochastic %K for Southwest Airlines Co., with the last 20 days included, was set at 10.74%, having Stochastic %D topping 8.14%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Southwest Airlines Co. stocks with recording 19.34% in metrics.
Southwest Airlines Co. Insider Watch:
Similarly, 82.17% of the company’s float is held by institutions – and there are 1,150 institutions in total holding shares of this company. The top three institutional holders of LUV stocks are: Primecap Management Company with ownership of $3.89 billion, which is approximately 72089180 of the company’s shares; Berkshire Hathaway, Inc, holding 53649213 shares of the stock with an approximate value of $2.9 billion; and State Street Corporation, currently with more than 39668763 shares of the company valued at $2.14 billion. Positions in Southwest Airlines Co. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 1 insider purchases amounting to 2164 shares.