Southwest Airlines Co. [NYSE: LUV] closed the trading session at $40.01 on 11/06/20. The day’s price range saw the stock hit a low of $39.77, while the highest price level was $40.93. The company report on October 28, 2020 that Southwest Airlines Announces Initial Flight Schedules For Chicago O’Hare And Colorado Springs.
— Chicago O’Hare (ORD) service begins Feb. 14, 2021, with one-way fares as low as $39;.
— Colorado Springs (COS) service begins March 11, 2021, with one-way fares as low as $29.
The stocks have a year to date performance of -25.88 percent and weekly performance of 1.21 percent. The stock has been moved at 53.35 percent over the last six months. The stock has performed 2.62 percent around the most recent 30 days and changed 14.35 percent over the most recent 3-months.
If compared to the average trading volume of 10.81M shares, LUV reached to a volume of 5944734 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Southwest Airlines Co. [LUV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LUV shares is $47.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LUV stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cowen have made an estimate for Southwest Airlines Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 23, 2020. The new note on the price target was released on October 07, 2020, representing the official price target for Southwest Airlines Co. stock. Previously, the target price had yet another raise to $54, while Morgan Stanley analysts kept a Overweight rating on LUV stock.
The Average True Range (ATR) for Southwest Airlines Co. is set at 1.56, with the Price to Sales ratio for LUV stock in the period of the last 12 months amounting to 1.85. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 24.65.
LUV stock trade performance evaluation
Southwest Airlines Co. [LUV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.21. With this latest performance, LUV shares gained by 2.62% in over the last four-week period, additionally plugging by 53.35% over the last 6 months – not to mention a drop of -31.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LUV stock in for the last two-week period is set at 51.94, with the RSI for the last a single of trading hit 52.38, and the three-weeks RSI is set at 52.98 for Southwest Airlines Co. [LUV]. The present Moving Average for the last 50 days of trading for this stock 39.18, while it was recorded at 39.45 for the last single week of trading, and 37.71 for the last 200 days.
Southwest Airlines Co. [LUV]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Southwest Airlines Co. [LUV] shares currently have an operating margin of +13.40 and a Gross Margin at +26.89. Southwest Airlines Co.’s Net Margin is presently recorded at +10.26.
Return on Total Capital for LUV is now 22.17, given the latest momentum, and Return on Invested Capital for the company is 18.16. Return on Equity for this stock inclined to 23.37, with Return on Assets sitting at 8.47. When it comes to the capital structure of this company, Southwest Airlines Co. [LUV] has a Total Debt to Total Equity ratio set at 40.64. Additionally, LUV Total Debt to Total Capital is recorded at 28.90, with Total Debt to Total Assets ending up at 14.79. Long-Term Debt to Equity for the company is recorded at 28.72, with the Long-Term Debt to Total Capital now at 20.42.
Reflecting on the efficiency of the workforce at the company, Southwest Airlines Co. [LUV] managed to generate an average of $37,829 per employee. Receivables Turnover for the company is 27.12 with a Total Asset Turnover recorded at a value of 0.83.Southwest Airlines Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.10.
Earnings per share (EPS) analysis for Southwest Airlines Co. [LUV] stock
With the latest financial reports released by the company, Southwest Airlines Co. posted 0.98/share EPS, while the average EPS was predicted by analysts to be reported at 1.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -10.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LUV.
Southwest Airlines Co. [LUV]: Insider Ownership positions
There are presently around $17,332 million, or 75.20% of LUV stock, in the hands of institutional investors. The top three institutional holders of LUV stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 69,190,098, which is approximately 1.906% of the company’s market cap and around 0.10% of the total institutional ownership; STATE STREET CORP, holding 43,752,940 shares of the stock with an approximate value of $1.75 billion in LUV stocks shares; and VANGUARD GROUP INC, currently with $1.68 billion in LUV stock with ownership of nearly 16.566% of the company’s market capitalization.
Positions in Southwest Airlines Co. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 505 institutional holders increased their position in Southwest Airlines Co. [NYSE:LUV] by around 98,789,863 shares. Additionally, 384 investors decreased positions by around 92,848,711 shares, while 103 investors held positions by with 241,546,555 shares. The mentioned changes placed institutional holdings at 433,185,129 shares, according to the latest SEC report filing. LUV stock had 160 new institutional investments in for a total of 20,430,842 shares, while 127 institutional investors sold positions of 71,011,294 shares during the same period.