Southwest Airlines Co (NYSE: LUV) on Monday, plunged -2.81% from the previous trading day, before settling in for the closing price of $31.00. Within the past 52 weeks, LUV’s price has moved between $23.58 and $36.12.
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During the last 5-year period, the sales growth of Industrials Sector giant was 16.11%. The company achieved an average annual earnings per share of 70.10%. With a float of $591.67 million, this company’s outstanding shares have now reached $593.31 million.
Let’s determine the extent of company efficiency that accounts for 72450 employees. In terms of profitability, gross margin is 24.39%, operating margin of 1.47%, and the pretax margin is 2.18%.
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 1.34%, while institutional ownership is 88.54%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 48.19% during the next five years compared to -29.29% 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 0.85 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 0.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach 2.42 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 7.31 million, which is a drop from its year-to-date volume of 8.37 million. As of the previous 9 days, the stock’s Stochastic %D was 25.16%. Additionally, its Average True Range was 0.88.
During the past 100 days, Southwest Airlines Co’s (LUV) raw stochastic average was set at 24.56%, which indicates a significant increase from 4.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.50% in the past 14 days, which was lower than the 28.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.70, while its 200-day Moving Average is $29.60. However, in the short run, Southwest Airlines Co’s stock first resistance to watch stands at $30.72. Second resistance stands at $31.32. The third major resistance level sits at $31.65. If the price goes on to break the first support level at $29.80, it is likely to go to the next support level at $29.47. Should the price break the second support level, the third support level stands at $28.88.
Southwest Airlines Co (NYSE: LUV) Key Stats
Market capitalization of the company is 18.07 billion based on 599,737K outstanding shares. Right now, sales total 27,483 M and income totals 465,000 K. The company made 6,931 M in profit during its latest quarter, and 261,000 K in sales during its previous quarter.
