Southwest Airlines Co (NYSE: LUV) kicked off on Friday, down -3.44% from the previous trading day, before settling in for the closing price of $28.52. Over the past 52 weeks, LUV has traded in a range of $21.91-$39.53.
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During the last 5-year period, the sales growth of Industrials Sector giant was 15.47%. While this was happening, its average annual earnings per share was recorded -6.85%. With a float of $593.72 million, this company’s outstanding shares have now reached $596.51 million.
Let’s determine the extent of company efficiency that accounts for 74806 employees.
Southwest Airlines Co (LUV) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of Southwest Airlines Co is 0.49%, while institutional ownership is 81.82%. The most recent insider transaction that took place on May 02 ’23, was worth 147,787. In this transaction EVP, Chief Commercial Officer of this company sold 4,936 shares at a rate of $29.94, taking the stock ownership to the 26,361 shares.
Southwest Airlines Co (LUV) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 25.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.50% during the next five years compared to -29.89% drop over the previous five years of trading.
Southwest Airlines Co (NYSE: LUV) Trading Performance Indicators
Take a look at Southwest Airlines Co’s (LUV) current performance indicators. Last quarter, stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.74, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach 2.25 in one year’s time.
Technical Analysis of Southwest Airlines Co (LUV)
Looking closely at Southwest Airlines Co (NYSE: LUV), its last 5-days average volume was 8.72 million, which is a jump from its year-to-date volume of 8.43 million. As of the previous 9 days, the stock’s Stochastic %D was 21.49%. Additionally, its Average True Range was 0.81.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 30.29%, which indicates a significant increase from 6.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.12% in the past 14 days, which was lower than the 40.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.05, while its 200-day Moving Average is $29.87. However, in the short run, Southwest Airlines Co’s stock first resistance to watch stands at $28.01. Second resistance stands at $28.48. The third major resistance level sits at $28.78. If the price goes on to break the first support level at $27.24, it is likely to go to the next support level at $26.94. Now, if the price goes above the second support level, the third support stands at $26.47.
Southwest Airlines Co (NYSE: LUV) Key Stats
The company with the Market Capitalisation of 16.43 billion has total of 598,255K Shares Outstanding. Its annual sales at the moment are 26,091 M in contrast with the sum of 465,000 K annual income. Company’s last quarter sales were recorded 6,823 M and last quarter income was -252,000 K.
