A new trading day began on Friday, with Southwest Airlines Co (NYSE: LUV) stock price up 0.57% from the previous day of trading, before settling in for the closing price of $31.79. LUV’s price has ranged from $23.58 to $35.18 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 15.47% over the last five years. Meanwhile, its annual earnings per share averaged -53.41%. With a float of $593.39 million, this company’s outstanding shares have now reached $596.51 million.
The firm has a total of 74806 workers. Let’s measure their productivity. In terms of profitability, gross margin is -6.2%, operating margin of -1.02%, and the pretax margin is -0.06%.
Southwest Airlines Co (LUV) Insider Activity
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 1.06%, while institutional ownership is 91.36%. 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) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.37 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -53.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.25% 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 0.83. 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)
Analysing the last 5-days average volume posted by the [Southwest Airlines Co, LUV], we can find that recorded value of 5.76 million was lower than the volume posted last year of 9.19 million. As of the previous 9 days, the stock’s Stochastic %D was 25.99%. Additionally, its Average True Range was 0.88.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 87.67%, which indicates a significant increase from 63.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.36% in the past 14 days, which was lower than the 35.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.59, while its 200-day Moving Average is $29.11. Now, the first resistance to watch is $32.18. This is followed by the second major resistance level at $32.39. The third major resistance level sits at $32.64. If the price goes on to break the first support level at $31.72, it is likely to go to the next support level at $31.47. Should the price break the second support level, the third support level stands at $31.26.
Southwest Airlines Co (NYSE: LUV) Key Stats
With a market capitalization of 19.28 billion, the company has a total of 599,737K Shares Outstanding. Currently, annual sales are 26,091 M while annual income is 465,000 K. The company’s previous quarter sales were 6,870 M while its latest quarter income was 67,000 K.
