On Monday, Southwest Airlines Co (NYSE: LUV) opened higher 1.52% from the last session, before settling in for the closing price of $26.33. Price fluctuations for LUV have ranged from $21.91 to $35.18 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 15.47% over the past five years. Company’s average yearly earnings per share was noted -77.31% at the time writing. With a float of $596.65 million, this company’s outstanding shares have now reached $599.16 million.
Let’s look at the performance matrix of the company that is accounted for 74806 employees. In terms of profitability, gross margin is 14.79%, operating margin of -0.74%, and the pretax margin is 0.48%.
Southwest Airlines Co (LUV) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of Southwest Airlines Co is 0.42%, while institutional ownership is 97.52%.
Southwest Airlines Co (LUV) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -77.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.79% 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
Check out the current performance indicators for Southwest Airlines Co (LUV). In the past quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach 1.29 in one year’s time.
Technical Analysis of Southwest Airlines Co (LUV)
Southwest Airlines Co (NYSE: LUV) saw its 5-day average volume 8.72 million, a negative change from its year-to-date volume of 9.65 million. As of the previous 9 days, the stock’s Stochastic %D was 94.44%. Additionally, its Average True Range was 0.87.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 46.53%, which indicates a significant decrease from 74.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.45% in the past 14 days, which was higher than the 38.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.24, while its 200-day Moving Average is $28.34. Nevertheless, the first resistance level for the watch stands at $26.95 in the near term. At $27.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.45. If the price goes on to break the first support level at $26.45, it is likely to go to the next support level at $26.16. The third support level lies at $25.95 if the price breaches the second support level.
Southwest Airlines Co (NYSE: LUV) Key Stats
There are currently 598,456K shares outstanding in the company with a market cap of 16.02 billion. Presently, the company’s annual sales total 26,091 M according to its annual income of 465,000 K. Last quarter, the company’s sales amounted to 7,354 M and its income totaled 367,000 K.
