Southwest Airlines Co. [LUV] Revenue clocked in at $9.05 billion, up 32.53% YTD: What’s Next?

Southwest Airlines Co. [NYSE: LUV] closed the trading session at $61.77 on 03/17/21. The day’s price range saw the stock hit a low of $60.10, while the highest price level was $61.9359. The company report on March 10, 2021 that Inspiring The Future: Southwest Airlines Champions Education Through New Scholarship.

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Southwest Airlines Co. (NYSE: LUV) furthered its commitment to empowering communities it serves by launching the Southwest Airlines® Scholarship. As the carrier celebrates its 50th anniversary, the airline is highlighting the importance of education through its new scholarship, which provides financial support to students seeking higher education degrees and certificates with the goal of inspiring them to pursue careers in the aviation industry.

The Southwest Scholarship is open to the public and students can begin submitting their applications beginning April 1, 2021. Details about eligibility, the application process, and more can be viewed by visiting swa.is/scholarships. This public scholarship program joins the previously established Herbert D. Kelleher and Rollin W. King Scholarships, which were set up 40 years ago for eligible dependents of Southwest Airlines Employees to pursue higher education.

The stocks have a year to date performance of 32.53 percent and weekly performance of 5.57 percent. The stock has been moved at 52.11 percent over the last six months. The stock has performed 18.88 percent around the most recent 30 days and changed 36.48 percent over the most recent 3-months.

If compared to the average trading volume of 7.98M shares, LUV reached to a volume of 6222445 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 $58.28 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 2.10. 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.

Deutsche Bank have made an estimate for Southwest Airlines Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 22, 2021. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $48 to $50. The new note on the price target was released on December 11, 2020, representing the official price target for Southwest Airlines Co. stock. Previously, the target price had yet another raise to $59, while Bernstein analysts kept a Outperform rating on LUV stock. On December 03, 2020, analysts increased their price target for LUV shares from 46 to 55.

The Average True Range (ATR) for Southwest Airlines Co. is set at 2.14, with the Price to Sales ratio for LUV stock in the period of the last 12 months amounting to 3.86. The Price to Book ratio for the last quarter was 4.12, with the Price to Cash per share for the same quarter was set at 23.56.

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 5.57. With this latest performance, LUV shares gained by 18.88% in over the last four-week period, additionally plugging by 52.11% over the last 6 months – not to mention a rise of 61.49% 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 67.57, with the RSI for the last a single of trading hit 67.31, and the three-weeks RSI is set at 67.09 for Southwest Airlines Co. [LUV]. The present Moving Average for the last 50 days of trading for this stock 51.97, while it was recorded at 60.78 for the last single week of trading, and 42.19 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 -52.09 and a Gross Margin at -30.80. Southwest Airlines Co.’s Net Margin is presently recorded at -33.97.

Return on Total Capital for LUV is now -27.01, given the latest momentum, and Return on Invested Capital for the company is -18.52. Return on Equity for this stock declined to -32.86, with Return on Assets sitting at -9.67. When it comes to the capital structure of this company, Southwest Airlines Co. [LUV] has a Total Debt to Total Equity ratio set at 137.44. Additionally, LUV Total Debt to Total Capital is recorded at 57.88, with Total Debt to Total Assets ending up at 33.36. Long-Term Debt to Equity for the company is recorded at 131.51, with the Long-Term Debt to Total Capital now at 55.39.

Reflecting on the efficiency of the workforce at the company, Southwest Airlines Co. [LUV] managed to generate an average of -$54,407 per employee. Receivables Turnover for the company is 8.17 with a Total Asset Turnover recorded at a value of 0.28.Southwest Airlines Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.00.

Earnings per share (EPS) analysis for Southwest Airlines Co. [LUV] stock

With the latest financial reports released by the company, Southwest Airlines Co. posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.41/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 63.40%. 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 $27,788 million, or 77.90% 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 65,213,818, which is approximately -3.443% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 51,587,663 shares of the stock with an approximate value of $3.19 billion in LUV stocks shares; and STATE STREET CORP, currently with $2.65 billion in LUV stock with ownership of nearly -3.244% of the company’s market capitalization.

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Positions in Southwest Airlines Co. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 596 institutional holders increased their position in Southwest Airlines Co. [NYSE:LUV] by around 54,163,952 shares. Additionally, 372 investors decreased positions by around 43,160,250 shares, while 120 investors held positions by with 352,545,807 shares. The mentioned changes placed institutional holdings at 449,870,009 shares, according to the latest SEC report filing. LUV stock had 215 new institutional investments in for a total of 8,194,177 shares, while 76 institutional investors sold positions of 6,271,738 shares during the same period.

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