A new trading day began on Monday, with Southwest Airlines Co (NYSE: LUV) stock price down -1.74% from the previous day of trading, before settling in for the closing price of $30.98. LUV’s price has 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. Meanwhile, its annual earnings per share averaged -61.66%. With a float of $592.86 million, this company’s outstanding shares have now reached $596.51 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of Southwest Airlines Co is 1.05%, while institutional ownership is 99.20%. The most recent insider transaction that took place on Oct 01 ’24, was worth 19,300,400. In this transaction Director of this company bought 643,788 shares at a rate of $29.98, taking the stock ownership to the 3,606,311 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Director bought 530,918 for $29.89, making the entire transaction worth $15,866,908. This insider now owns 2,962,523 shares in total.
Southwest Airlines Co (LUV) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -61.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.29% 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
Here are Southwest Airlines Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 1.46 in one year’s time.
Technical Analysis of Southwest Airlines Co (LUV)
Southwest Airlines Co (NYSE: LUV) saw its 5-day average volume 6.99 million, a negative change from its year-to-date volume of 9.4 million. As of the previous 9 days, the stock’s Stochastic %D was 34.92%. Additionally, its Average True Range was 0.98.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 79.58%, which indicates a significant increase from 42.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.27% in the past 14 days, which was lower than the 36.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.00, while its 200-day Moving Average is $28.96. Nevertheless, the first resistance level for the watch stands at $30.77 in the near term. At $31.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.39. If the price goes on to break the first support level at $30.14, it is likely to go to the next support level at $29.84. Assuming the price breaks the second support level, the third support level stands at $29.52.
Southwest Airlines Co (NYSE: LUV) Key Stats
With a market capitalization of 18.24 billion, the company has a total of 598,456K Shares Outstanding. Currently, annual sales are 26,091 M while annual income is 465,000 K. The company’s previous quarter sales were 7,354 M while its latest quarter income was 367,000 K.
