Southwest Airlines Co (LUV) recent quarterly performance of 23.41% is not showing the real picture

Witnessing the stock’s movement on the chart, on Thursday, Southwest Airlines Co (NYSE: LUV) had a quiet start as it plunged -0.41% to $31.26, before settling in for the price of $31.39 at the close. Taking a more long-term approach, LUV posted a 52-week range of $22.58-$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

The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 15.47%. Meanwhile, its Annual Earning per share during the time was -29.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -53.76%. This publicly-traded company’s shares outstanding now amounts to $596.51 million, simultaneously with a float of $593.43 million. The organization now has a market capitalization sitting at $18.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.94, while the 200-day Moving Average is $29.02.

Southwest Airlines Co (LUV) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Airlines industry. Southwest Airlines Co’s current insider ownership accounts for 1.05%, in contrast to 97.75% institutional ownership. According to the most recent insider trade that took place on Oct 28 ’24, this organization’s 10% Owner sold 1,203,920 shares at the rate of 29.83, making the entire transaction reach 35,912,934 in total value, affecting insider ownership by 59,912,580. Preceding that transaction, on Oct 01 ’24, Company’s Director bought 643,788 for 29.98, making the whole transaction’s value amount to 19,300,400. This particular insider is now the holder of 3,606,311 in total.

Southwest Airlines Co (LUV) Earnings and Revenue Records

Southwest Airlines Co’s EPS decrease for this current 12-month fiscal period is -53.76% and is forecasted to reach 1.58 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.23% 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 0.83. The Stock has managed to achieve an average true range (ATR) of 0.95. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.68.

In the same vein, LUV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.07, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.58 at the market close of one year from today.

Technical Analysis of Southwest Airlines Co (LUV)

Going through the that latest performance of [Southwest Airlines Co, LUV]. Its last 5-days volume of 6.27 million was inferior to the volume of 9.35 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 72.79% While, its Average True Range was 0.93.

Raw Stochastic average of Southwest Airlines Co (LUV) in the period of the previous 100 days is set at 89.10%, which indicates a major rise in contrast to 80.72% 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 37.94% that was higher than 34.84% volatility it exhibited in the past 100-days period.