Southwest Airlines Co (NYSE: LUV) on Monday, plunged -0.82% from the previous trading day, before settling in for the closing price of $34.18. Within the past 52 weeks, LUV’s price has moved between $23.58 and $36.12.
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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 -51.52%. With a float of $593.37 million, this company’s outstanding shares have now reached $599.74 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 14.75%, operating margin of -1.02%, and the pretax margin is -0.06%.
Southwest Airlines Co (LUV) Insider Activity
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 90.33%. The most recent insider transaction that took place on Dec 06 ’24, was worth 132,386. Before that another transaction happened on Oct 28 ’24, when Company’s 10% Owner sold 1,203,920 for $29.83, making the entire transaction worth $35,912,934. This insider now owns 59,912,580 shares in total.
Southwest Airlines Co (LUV) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -51.52% 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
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 0.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.61 in one year’s time.
Technical Analysis of Southwest Airlines Co (LUV)
Compared to the last year’s volume of 9.12 million, its volume of 9.05 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.95%. Additionally, its Average True Range was 0.93.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 82.30%, which indicates a significant increase from 52.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.96% in the past 14 days, which was lower than the 33.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.41, while its 200-day Moving Average is $29.09. Nevertheless, the first resistance level for the watch stands at $34.32 in the near term. At $34.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.99. If the price goes on to break the first support level at $33.65, it is likely to go to the next support level at $33.39. Should the price break the second support level, the third support level stands at $32.98.
Southwest Airlines Co (NYSE: LUV) Key Stats
Market capitalization of the company is 20.33 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.
