A better buy-in window may exist right now for Southwest Airlines Co (LUV)

With 7.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.02 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $27.71 whereas the lowest price it dropped to was $27.165. The 52-week range on LUV shows that it touched its highest point at $39.53 and its lowest point at $21.91 during that stretch. It currently has a 1-year price target of $26.68. With its current market cap of 16.44 billion, LUV has annualized dividend of $0.72 while the current yield stands at 2.62%. Beta for the stock currently stands at 1.15.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LUV was down-trending over the past week, with a drop of -2.28%, but this was down by -1.36% over a month. Three-month performance dropped to -4.12% while six-month performance fell -5.76%. The stock lost -26.92% in the past year, while it has lost -4.88% so far this year. A look at the trailing 12-month EPS for LUV yields 0.62 with Next year EPS estimates of 1.64. For the next quarter, that number is 0.52. This implies an EPS growth rate of -48.07% for this year and 100.69% for next year. EPS is expected to grow by 17.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.89%.

Float and Shares Shorts:

At present, 596.51 million LUV shares are outstanding with a float of 596.14 million shares on hand for trading. On 2024-06-14, short shares totaled 31.35 million, which was 523.99997 higher than short shares on 1715731200. In addition to Mr. Gary C. Kelly as the firm’s Executive Chairman, Mr. Robert E. Jordan serves as its President, CEO & Vice Chairman of the Board.

Institutional Ownership:

Through their ownership of 0.84225 of LUV’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, LUV reported revenue of $6329000000.0 and operating income of -$393000000.0. The EBITDA in the recently reported quarter was $155000000.0 and diluted EPS was -$0.39.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LUV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.