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HomeMarketResultsSouthwest Airlines Co. (NYSE:LUV) Receives Average Recommendation of "Moderate Buy" from Analysts

Southwest Airlines Co. (NYSE:LUV) Receives Average Recommendation of “Moderate Buy” from Analysts


Southwest Airways Co. (NYSE:LUVGet Rating) has been given a consensus ranking of “Average Purchase” by the seventeen analysts which can be at present overlaying the corporate, MarketBeat.com stories. Three analysis analysts have rated the inventory with a maintain ranking, six have issued a purchase ranking and one has issued a powerful purchase ranking on the corporate. The typical 12-month goal value amongst brokers which have up to date their protection on the inventory within the final 12 months is $50.46.

Various analysts just lately issued stories on the inventory. Raymond James lowered their value goal on shares of Southwest Airways from $48.00 to $45.00 and set a “strong-buy” ranking on the inventory in a report on Thursday. Susquehanna Bancshares lowered their value goal on shares of Southwest Airways from $45.00 to $40.00 in a report on Tuesday, October eleventh. Susquehanna lowered their value goal on shares of Southwest Airways from $45.00 to $40.00 in a report on Tuesday, October eleventh. StockNews.com raised shares of Southwest Airways from a “maintain” ranking to a “purchase” ranking in a report on Friday, October twenty eighth. Lastly, Financial institution of America lowered their value goal on shares of Southwest Airways from $50.00 to $45.00 and set a “purchase” ranking on the inventory in a report on Thursday, October sixth.

Insider Exercise

In different information, Director John T. Montford offered 2,250 shares of the inventory in a transaction dated Thursday, November tenth. The shares have been offered at a mean value of $38.87, for a complete worth of $87,457.50. Following the completion of the sale, the director now instantly owns 21,046 shares within the firm, valued at $818,058.02. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is offered via this link. Firm insiders personal 0.32% of the corporate’s inventory.

Institutional Traders Weigh In On Southwest Airways

Hedge funds have just lately modified their holdings of the enterprise. FinTrust Capital Advisors LLC elevated its place in Southwest Airways by 9.5% through the second quarter. FinTrust Capital Advisors LLC now owns 2,902 shares of the airline’s inventory price $117,000 after buying an extra 251 shares over the last quarter. Discussion board Monetary Administration LP elevated its place in Southwest Airways by 4.0% through the first quarter. Discussion board Monetary Administration LP now owns 7,067 shares of the airline’s inventory price $323,000 after buying an extra 270 shares over the last quarter. Pflug Koory LLC elevated its place in Southwest Airways by 1.9% through the second quarter. Pflug Koory LLC now owns 14,890 shares of the airline’s inventory price $538,000 after buying an extra 280 shares over the last quarter. CVA Household Workplace LLC elevated its place in Southwest Airways by 24.2% through the second quarter. CVA Household Workplace LLC now owns 1,490 shares of the airline’s inventory price $54,000 after buying an extra 290 shares over the last quarter. Lastly, Riverview Belief Co elevated its place in Southwest Airways by 21.4% through the second quarter. Riverview Belief Co now owns 1,687 shares of the airline’s inventory price $61,000 after buying an extra 297 shares over the last quarter. 74.71% of the inventory is at present owned by institutional buyers and hedge funds.

Southwest Airways Inventory Up 4.6 %

LUV stock opened at $35.08 on Friday. The agency’s fifty day easy shifting common is $37.07 and its 200-day easy shifting common is $36.64. The corporate has a market capitalization of $20.83 billion, a P/E ratio of 27.41, a price-to-earnings-growth ratio of 1.72 and a beta of 1.10. The corporate has a debt-to-equity ratio of 0.76, a present ratio of 1.58 and a fast ratio of 1.50. Southwest Airways has a 12 month low of $30.20 and a 12 month excessive of $50.10.

Southwest Airways (NYSE:LUVGet Rating) final launched its quarterly earnings information on Thursday, October twenty seventh. The airline reported $0.50 EPS for the quarter, beating the consensus estimate of $0.41 by $0.09. The enterprise had income of $6.20 billion for the quarter, in comparison with the consensus estimate of $6.22 billion. Southwest Airways had a internet margin of three.64% and a return on fairness of 9.66%. The enterprise’s income for the quarter was up 32.5% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency earned ($0.23) EPS. As a bunch, equities analysis analysts forecast that Southwest Airways will submit 2.24 earnings per share for the present 12 months.

Southwest Airways Dividend Announcement

The agency additionally just lately introduced a quarterly dividend, which shall be paid on Tuesday, January thirty first. Stockholders of report on Tuesday, January tenth shall be given a $0.18 dividend. This represents a $0.72 dividend on an annualized foundation and a dividend yield of two.05%. The ex-dividend date is Monday, January ninth.

About Southwest Airways

(Get Rating)

Southwest Airways Co operates as a passenger airline firm that present scheduled air transportation companies in america and near-international markets. As of December 31, 2021, the corporate operated a complete fleet of 728 Boeing 737 aircrafts; and served 121 locations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, in addition to 10 near-international nations, together with Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

See Additionally

Analyst Recommendations for Southwest Airlines (NYSE:LUV)

This immediate information alert was generated by narrative science know-how and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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