Southwest Airlines Co (LUV) distance from 200-day Simple Moving Average is $28.97: Right on the Precipice

Southwest Airlines Co (NYSE: LUV) started the day on Thursday, with a price decrease of -5.56% at $29.02, before settling in for the price of $30.73 at the close. Taking a more long-term approach, LUV posted a 52-week range of $21.91-$35.18.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 15.47%. Meanwhile, its Annual Earning per share during the time was -29.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -61.96%. This publicly-traded company’s shares outstanding now amounts to $596.51 million, simultaneously with a float of $592.86 million. The organization now has a market capitalization sitting at $17.39 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.28, while the 200-day Moving Average is $28.97.

Southwest Airlines Co (LUV) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Airlines Industry. Southwest Airlines Co’s current insider ownership accounts for 1.05%, in contrast to 99.10% institutional ownership. According to the most recent insider trade that took place on Oct 01 ’24, this organization’s Director bought 643,788 shares at the rate of 29.98, making the entire transaction reach 19,300,400 in total value, affecting insider ownership by 3,606,311. Preceding that transaction, on Oct 01 ’24, Company’s Director bought 530,918 for 29.89, making the whole transaction’s value amount to 15,866,908. This particular insider is now the holder of 2,962,523 in total.

Southwest Airlines Co (LUV) Earnings and Revenue Records

Southwest Airlines Co’s EPS decrease for this current 12-month fiscal period is -61.96% and is forecasted to reach 1.45 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.29% through the next 5 years, which can be compared against the -29.89% growth it accomplished over the previous five years trading on the market.

Southwest Airlines Co (NYSE: LUV) Trading Performance Indicators

Let’s observe the current performance indicators for Southwest Airlines Co (LUV). It’s Quick Ratio in the last reported quarter now stands at 0.85. The Stock has managed to achieve an average true range (ATR) of 1.02. Alongside those numbers, its PE Ratio stands at $246.14, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.64.

In the same vein, LUV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.12, a figure that is expected to reach 0.28 in the next quarter, and analysts are predicting that it will be 1.45 at the market close of one year from today.

Technical Analysis of Southwest Airlines Co (LUV)

If we take a close look at the recent performances of Southwest Airlines Co (NYSE: LUV), its last 5-days Average volume was 9.69 million that shows progress from its year to date volume of 9.43 million. During the previous 9 days, stock’s Stochastic %D was recorded 39.51% While, its Average True Range was 1.04.

Raw Stochastic average of Southwest Airlines Co (LUV) in the period of the previous 100 days is set at 63.11%, which indicates a major rise in contrast to 14.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.14% that was lower than 36.60% volatility it exhibited in the past 100-days period.