Southwest Airlines Co (NYSE: LUV) kicked off on Monday, up 2.96% from the previous trading day, before settling in for the closing price of $29.43. Over the past 52 weeks, LUV has traded in a range of $21.91-$35.18.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 15.47% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -54.62%. With a float of $592.86 million, this company’s outstanding shares have now reached $596.51 million.
In an organization with 74806 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -6.2%, operating margin of -1.32%, and the pretax margin is -0.06%.
Southwest Airlines Co (LUV) Insider Updates
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 1.05%, while institutional ownership is 99.00%. 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 -54.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.23% 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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.54 in one year’s time.
Technical Analysis of Southwest Airlines Co (LUV)
Let’s dig in a bit further. During the last 5-days, its volume was 11.02 million. That was better than the volume of 9.44 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.67%. Additionally, its Average True Range was 0.99.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 77.96%, which indicates a significant increase from 61.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.69% in the past 14 days, which was lower than the 36.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.42, while its 200-day Moving Average is $28.97. However, in the short run, Southwest Airlines Co’s stock first resistance to watch stands at $30.68. Second resistance stands at $31.05. The third major resistance level sits at $31.67. If the price goes on to break the first support level at $29.69, it is likely to go to the next support level at $29.07. Assuming the price breaks the second support level, the third support level stands at $28.70.
Southwest Airlines Co (NYSE: LUV) Key Stats
The company with the Market Capitalisation of 18.15 billion has total of 598,456K 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 6,870 M and last quarter income was 67,000 K.
