Value Hunters: Look To Southwest Airlines Co (LUV)

Currently, there are 596.51M common shares owned by the public and among those 593.58M shares have been available to trade.

Insiders at the company have transacted a total of 23 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 13 of these insider trades were purchases, accounting for 73,375 shares. Insider sales of the common stock occurred on 10 occasions, with total insider shares sold totaling 70,265 shares.

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However, the script later moved the day high at 33.24, up 0.92%. The company’s stock has a 5-day price change of 10.22% and 40.43% over the past three months. LUV shares are trading 13.54% year to date (YTD), with the 12-month market performance down to -5.91% lower. It has a 12-month low price of $21.91 and touched a high of $39.53 over the same period. LUV has an average intraday trading volume of 1.04 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.31%, 11.88%, and 9.99% respectively.

Institutional ownership of Southwest Airlines Co (NYSE: LUV) shares accounts for 81.31% of the company’s 596.51M shares outstanding.

It has a market capitalization of $19.56B and a beta (3y monthly) value of 1.15. The stock’s trailing 12-month PE ratio is 44.59, while the earnings-per-share (ttm) stands at $0.74. The company has a PEG of 1.72 and a Quick Ratio of 1.07 with the debt-to-equity ratio at 0.87. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.71% over the week and 3.66% over the month.

Analysts forecast that Southwest Airlines Co (LUV) will achieve an EPS of -$0.09 for the current quarter, $0.79 for the next quarter and $2.43 for 2025. The lowest estimate earnings-per-share for the quarter is -$0.37 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was -$0.27 a year ago. Earnings per share for the fiscal year are expected to increase by 10.80%, and 37.46% over the next financial year. EPS should grow at an annualized rate of 25.99% over the next five years, compared to -29.89% over the past 5-year period.

Looking at the support for the LUV, a number of firms have released research notes about the stock. TD Cowen stated their Market Perform rating for the stock in a research note on January 26, 2024, with the firm’s price target at $20-$26.

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