In other words, it is a statistical measure of the distribution of Southwest daily returns, and it is calculated using variance and standard deviation. For comparison, its industry has an average Forward P/E of 10.34, which means Southwest Airlines is trading at a premium to the group. Southwest Airlines Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. Southwest Airlines is currently a Zacks Rank #3 (Hold).ĭigging into valuation, Southwest Airlines currently has a Forward P/E ratio of 11.48. Despite being rare, a stock may have a negative beta, which means the stock moves opposite the general market trend. Positive dynamics for Southwest Airlines shares will prevail with possible volatility of 5.583. Within the past 30 days, our consensus EPS projection has moved 1.06% higher. Forecast target price for 06-10-2023: 30.49. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The average price target is 0.00 with a high estimate of 0.00 and a low. Our system takes these estimate changes into account and delivers a clear, actionable rating model. See the latest Southwest Airlines Co LUV stock price (NYSE: LUV), related news, valuation, dividends and more to help you make your investing decisions. Based on analysts offering 12 month price targets for LUV in the last 3 months. We developed the Zacks Rank to capitalize on this phenomenon. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These revisions typically reflect the latest short-term business trends, which can change frequently. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.96 billion, up 3.51% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of $2.62 per share and revenue of $26.72 billion, which would represent changes of +125.86% and +12.21%, respectively, from the prior year.Īny recent changes to analyst estimates for Southwest Airlines should also be noted by investors. The company is expected to report EPS of $1.01, down 22.31% from the prior-year quarter. Research LUV Stock: Is It A Buy What Earnings, Value Metrics, Stock Chart Show Today Licensing DAVID SAITO-CHUNG 08:00 PM ET Rollouts of Covid-19 vaccines are generating confidence. Southwest Airlines will be looking to display strength as it nears its next earnings release. This has outpaced the Transportation sector's gain of 1.32% and lagged the S&P 500's gain of 4.14% in that time. Prior to today's trading, shares of the airline had gained 1.38% over the past month. At the same time, the Dow lost 0.59%, and the tech-heavy Nasdaq lost 1.54%. Revenue 1992-2023 - Stock Analysis NYSE: LUV IEX Real-Time Price This change lagged the S&P 500's daily loss of 0.2%. Market Cap 17.85B Enterprise Value 15.55B Total Cash (Recent Filing) 11.67B Total Debt (Recent Filing) 9.38B Price to Earnings (P/E) 30.2 Beta 0.87 Next Earnings EPS Estimate 1.04 Next Dividend Ex-Date Dividend Yield 0.54 (1. The company was incorporated in 1967 and is headquartered in Dallas, Texas.In the latest trading session, Southwest Airlines (LUV) closed at $30, marking a -0.23% move from the previous day. ET compared to a 0.3 uptick in the wider S&P 500. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines (LUV) Stock Price & Analysis 6,410 Followers Portfolio LUV Stock Chart & Stats Advanced Chart > 30.92 0.32 (1. Southwest Airlines (LUV 1.40) shareholders beat the market on Wednesday morning as the stock gained 6 by 10:45 a.m. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps and SWABIZ, an online booking tool. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. The EPS has grown by 23 from the previous quarter and by 14 YoY The stocks price to earnings (P/E) is 2 less than its last 4 quarters average of 27.4. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets.
0 Comments
Leave a Reply. |