Southwest Airlines Co [NYSE: LUV] traded at a low on Tuesday, posting a -2.24 loss after which it closed the day’ session at $31.85.
The results of the trading session contributed to over 7681963 shares changing hands. Over the past one week, the price volatility of Southwest Airlines Co stands at 2.80% while the volatility over the past one month is 2.55%.
The market cap for LUV stock reached $19.10 billion, with 599.74 million shares outstanding and 593.37 million shares in the current float. Compared to the average trading volume of 6.94M shares, LUV reached a trading volume of 7681963 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $32.42 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 3.25. 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.
BofA Securities have made an estimate for Southwest Airlines Co shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Citigroup dropped their target price from $31.50 to $29.50. The new note on the price target was released on January 16, 2025, representing the official price target for Southwest Airlines Co stock. Previously, the target price had yet another raise to $42, while Morgan Stanley analysts kept a Overweight rating on LUV stock. On December 06, 2024, analysts increased their price target for LUV shares from 25 to 28.
The Average True Range (ATR) for Southwest Airlines Co is set at 0.90, with the Price to Sales ratio for LUV stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 1.83, with the Price to Cash per share for the same quarter was set at 15.64.
How has LUV stock performed recently?
Southwest Airlines Co [LUV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.27. With this latest performance, LUV shares dropped by -7.28% in over the last four-week period, additionally plugging by 16.97% over the last 6 months – not to mention a rise of 4.80% 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 42.70, with the RSI for the last a single of trading hit 40.43, and the three-weeks RSI is set at 45.15 for Southwest Airlines Co [LUV]. The present Moving Average for the last 50 days of trading for this stock 32.94, while it was recorded at 32.08 for the last single week of trading, and 29.50 for the last 200 days.
Southwest Airlines Co [LUV]: Deeper insight into the fundamentals
Southwest Airlines Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.83 and a Current Ratio set at 0.88.
Earnings analysis for Southwest Airlines Co [LUV]
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Southwest Airlines Co go to 14.90%.
Insider trade positions for Southwest Airlines Co [LUV]
There are presently around $91.01%, or 91.33%% of LUV stock, in the hands of institutional investors. The top three institutional holders of LUV stocks are: VANGUARD GROUP INC with ownership of 67.6 million shares, which is approximately 11.3238%. CAPITAL WORLD INVESTORS, holding 57.92 million shares of the stock with an approximate value of $$1.66 billion in LUV stocks shares; and CAPITAL WORLD INVESTORS, currently with $$1.43 billion in LUV stock with ownership which is approximately 8.3599%.
