Let’s look at the key reasons that are pushing Southwest Airlines Co (LUV) to new highs

On Friday, Southwest Airlines Co (NYSE: LUV) was 1.53% up from the session before settling in for the closing price of $32.78. A 52-week range for LUV has been $23.58 – $36.12.

During the last 5-year period, the sales growth of Industrials Sector giant was 15.47%. When this article was written, the company’s average yearly earnings per share was at -50.45%. 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) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Southwest Airlines Co stocks. 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) Recent Fiscal highlights

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 -50.45% 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

You can see what Southwest Airlines Co (LUV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74.

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 8.16 million, which is a drop from its year-to-date volume of 9.06 million. As of the previous 9 days, the stock’s Stochastic %D was 24.08%. Additionally, its Average True Range was 0.86.

During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 77.35%, which indicates a significant increase from 24.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.00% in the past 14 days, which was lower than the 31.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.89, while its 200-day Moving Average is $29.03. However, in the short run, Southwest Airlines Co’s stock first resistance to watch stands at $33.64. Second resistance stands at $33.99. The third major resistance level sits at $34.54. If the price goes on to break the first support level at $32.73, it is likely to go to the next support level at $32.17. Now, if the price goes above the second support level, the third support stands at $31.82.

Southwest Airlines Co (NYSE: LUV) Key Stats

There are 599,737K outstanding shares of the company, which has a market capitalization of 20.26 billion. As of now, sales total 26,091 M while income totals 465,000 K. Its latest quarter income was 6,870 M while its last quarter net income were 67,000 K.