Currently, there are 593.31M common shares owned by the public and among those 585.59M shares have been available to trade.
The company’s stock has a 5-day price change of -0.43% and -7.35% over the past three months. LUV shares are trading -10.77% year to date (YTD), with the 12-month market performance down to -11.11% lower. It has a 12-month low price of $23.58 and touched a high of $36.12 over the same period. LUV has an average intraday trading volume of 7.37 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.46%, -7.52%, and 1.13% respectively.
Institutional ownership of Southwest Airlines Co (NYSE: LUV) shares accounts for 92.14% of the company’s 593.31M shares outstanding.
It has a market capitalization of $17.78B and a beta (3y monthly) value of 1.11. The stock’s trailing 12-month PE ratio is 42.24, while the earnings-per-share (ttm) stands at $0.71. The company has a PEG of 0.88 and a Quick Ratio of 0.85 with the debt-to-equity ratio at 0.78. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.39% over the week and 2.70% over the month.
Earnings per share for the fiscal year are expected to increase by 72.09%, and 46.34% over the next financial year. EPS should grow at an annualized rate of 48.19% over the next five years, compared to -29.29% over the past 5-year period.
Looking at the support for the LUV, a number of firms have released research notes about the stock. Argus stated their Buy rating for the stock in a research note on February 11, 2025, with the firm’s price target at $35. BofA Securities coverage for the Southwest Airlines Co (LUV) stock in a research note released on January 17, 2025 offered a Underperform rating with a price target of $31. Citigroup was of a view on January 16, 2025 that the stock is Sell, while Morgan Stanley gave the stock Overweight rating on December 11, 2024, issuing a price target of $42. TD Cowen on their part issued Hold rating on December 06, 2024.
