Southwest Airlines Co (NYSE: LUV) on Tuesday, plunged -1.90% from the previous trading day, before settling in for the closing price of $32.65. Within the past 52 weeks, LUV’s price has moved between $22.58 and $35.18.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 15.47%. The company achieved an average annual earnings per share of -53.75%. With a float of $593.39 million, this company’s outstanding shares have now reached $596.51 million.
Considering the fact that the conglomerate employs 74806 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Southwest Airlines Co is 1.06%, while institutional ownership is 97.24%. The most recent insider transaction that took place on Oct 28 ’24, was worth 35,912,934. In this transaction 10% Owner of this company sold 1,203,920 shares at a rate of $29.83, taking the stock ownership to the 59,912,580 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Director bought 643,788 for $29.98, making the entire transaction worth $19,300,400. This insider now owns 3,606,311 shares in total.
Southwest Airlines Co (LUV) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.37 earnings per share (EPS) for the period topping the consensus outlook (set at 0.11) by 0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -53.75% 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
Southwest Airlines Co (LUV) is currently performing well based on its current performance indicators. A quick ratio of 0.83 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.58 in one year’s time.
Technical Analysis of Southwest Airlines Co (LUV)
Compared to the last year’s volume of 9.3 million, its volume of 6.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.92%. Additionally, its Average True Range was 0.96.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 90.28%, which indicates a significant increase from 79.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.93% in the past 14 days, which was higher than the 35.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.12, while its 200-day Moving Average is $29.05. Nevertheless, the first resistance level for the watch stands at $32.53 in the near term. At $33.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.51. If the price goes on to break the first support level at $31.54, it is likely to go to the next support level at $31.06. Now, if the price goes above the second support level, the third support stands at $30.56.
Southwest Airlines Co (NYSE: LUV) Key Stats
Market capitalization of the company is 19.21 billion based on 599,737K outstanding shares. Right now, sales total 26,091 M and income totals 465,000 K. The company made 6,870 M in profit during its latest quarter, and 67,000 K in sales during its previous quarter.
