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Southwest Airlines (LUV)
NYSE:LUV
Southwest Airlines (LUV) Stock Price & Analysis
7,015 Followers
LUV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.66 - $38.86
Previous Close$27.98
Volume6.89M
Average Volume (3M)9.26M
Market Cap
$16.74B
Enterprise Value$14.47B
Total Cash (Recent Filing)$11.47B
Total Debt (Recent Filing)$9.20B
Price to Earnings (P/E)45.4
Beta1.00
Next Earnings
Jul 25, 2024EPS Estimate
$0.52Next Dividend Ex-Date
Jun 18, 2024Dividend Yield2.59%
Share Statistics
EPS (TTM)0.62
Shares Outstanding598,456,459
10 Day Avg. Volume8,189,010
30 Day Avg. Volume9,256,602
Standard Deviation0.11
R-Squared0.31
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.76
Price to Sales (P/S)0.64
Price to Cash Flow (P/CF)9.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.55
Enterprise Value/Gross Profit2.52
Enterprise Value/Ebitda6.05
Forecast
1Y Price Target
$30.59Price Target Upside9.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Southwest Airlines News
PremiumStock Analysis & Ideas
Down 58% from Highs, Is Southwest Airlines Stock (NYSE:LUV) Stock a Buy?
Bulls Say, Bears Say
Bulls Say
Environmental InitiativesThe company's investment in SAFFiRE, a developer of renewable ethanol for sustainable aviation fuels, aligns with its long-term commitment to achieving net-zero carbon emissions by 2050, underscoring its dedication to environmental sustainability.
Financial PerformanceAnalysts have raised the earnings per share estimate for the year 2024, reflecting the company's potential for higher operating margins and load factors, which is a testament to its efficient operations and strong market position.
Financial StabilityThe company maintains its unique position as the only US airline with an investment-grade rating from all three rating agencies, highlighting its financial resilience compared to its peers.
Bears Say
Dividend SustainabilityEstimates assume LUV loses its net cash position in 2025 and flirts with minimum cash of $6 billion in 2026, leaving its 2.7% dividend yield vulnerable.
Financial PerformanceSouthwest reported another quarterly loss as revenue growth continues to lag cost growth.
Operational ChallengesQ1 RASM missed the lowered guide set just 3 weeks before quarter-end, indicating challenges in revenue management and forecasting.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
The estimated number of people who visited one or more of the websites owned by Southwest Airlines
Desktop Users
Mobile Users
LUV FAQ
What was Southwest Airlines’s price range in the past 12 months?
Southwest Airlines lowest stock price was $21.66 and its highest was $38.86 in the past 12 months.
What is Southwest Airlines’s market cap?
Currently, no data Available
When is Southwest Airlines’s upcoming earnings report date?
Southwest Airlines’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were Southwest Airlines’s earnings last quarter?
Southwest Airlines released its earnings results on Apr 25, 2024. The company reported -$0.36 earnings per share for the quarter, missing the consensus estimate of -$0.336 by -$0.024.
Is Southwest Airlines overvalued?
According to Wall Street analysts Southwest Airlines’s price is currently Undervalued.
Does Southwest Airlines pay dividends?
Southwest Airlines pays a Notavailable dividend of $0.18 which represents an annual dividend yield of 2.59%. See more information on Southwest Airlines dividends here
What is Southwest Airlines’s EPS estimate?
Southwest Airlines’s EPS estimate is $0.52.
How many shares outstanding does Southwest Airlines have?
Southwest Airlines has 598,456,500 shares outstanding.
What happened to Southwest Airlines’s price movement after its last earnings report?
Southwest Airlines reported an EPS of -$0.36 in its last earnings report, missing expectations of -$0.336. Following the earnings report the stock price went down -6.962%.
Which hedge fund is a major shareholder of Southwest Airlines?
Among the largest hedge funds holding Southwest Airlines’s share is PRIMECAP Management Co. It holds Southwest Airlines’s shares valued at 1B.
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Southwest Airlines Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$30.59 (9.80% Upside)
$30.59 (9.80% Upside)
Blogger Sentiment
Bullish
LUV Sentiment 71%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 32.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.26%
12-Months-Change
Fundamentals
Return on Equity
4.16%
Trailing 12-Months
Asset Growth
1.33%
Trailing 12-Months
Company Description
Southwest Airlines
Southwest Airlines Co. is a passenger airline which provides scheduled air transportation in the United States and near-international markets. As of Dec. 31, 2020, the air carrier operated a total fleet of 718 Boeing 737 aircrafts and covered 107 destinations.
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LUV Earnings Call
Q1 2024
0:00 / 0:00
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LUV Revenue Breakdown
90.59% Passenger
0.67% Freight
8.73% Other
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LUV Stock 12 Month Forecast
Average Price Target
$30.59
▲(9.80% Upside)
Technical Analysis
Best Analysts Covering LUV
1 Year
1 Year Success Rate
19/31 ratings generated profit
1 Year Average Return
+14.90%
upgraded a buy rating 3 months ago
Copying Michael Linenberg's trades and holding each position for 1 Year would result in 61.29% of your transactions generating a profit, with an average return of +14.90% per trade.
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