Southwest Airlines Co (LUV) 20 Days SMA touches -0.40%: The odds favor the bear

Southwest Airlines Co (NYSE: LUV) kicked off on Tuesday, up 0.37% from the previous trading day, before settling in for the closing price of $32.69. Over the past 52 weeks, LUV has traded in a range of $23.58-$36.12.

During the last 5-year period, the sales growth of Industrials Sector giant was 15.47%. While this was happening, its average annual earnings per share was recorded -50.69%. With a float of $593.37 million, this company’s outstanding shares have now reached $599.74 million.

Let’s determine the extent of company efficiency that accounts for 74806 employees. 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

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 1.06%, while institutional ownership is 90.33%. The most recent insider transaction that took place on Dec 06 ’24, was worth 132,386. In this transaction Chief Administration Officer of this company sold 3,849 shares at a rate of $34.40, taking the stock ownership to the 89,376 shares. Before that another transaction happened on Dec 06 ’24, when Company’s Officer proposed sale 3,849 for $34.40, making the entire transaction worth $132,386.

Southwest Airlines Co (LUV) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -50.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.01% 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 0.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.64 in one year’s time.

Technical Analysis of Southwest Airlines Co (LUV)

Looking closely at Southwest Airlines Co (NYSE: LUV), its last 5-days average volume was 5.8 million, which is a drop from its year-to-date volume of 9.04 million. As of the previous 9 days, the stock’s Stochastic %D was 6.65%. Additionally, its Average True Range was 0.84.

During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 73.60%, which indicates a significant increase from 24.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.23% in the past 14 days, which was lower than the 31.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.75, while its 200-day Moving Average is $29.06. However, in the short run, Southwest Airlines Co’s stock first resistance to watch stands at $33.15. Second resistance stands at $33.49. The third major resistance level sits at $33.86. If the price goes on to break the first support level at $32.44, it is likely to go to the next support level at $32.07. Should the price break the second support level, the third support level stands at $31.73.

Southwest Airlines Co (NYSE: LUV) Key Stats

The company with the Market Capitalisation of 19.68 billion has total of 599,737K 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.