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Friday, December 2, 2022

What Are The Chances Of Southwest Airlines Co. (NYSE: LUV) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Southwest Airlines Co. (LUV) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.09, or -3.11%, to $34. Volume reached 249,216 shares, with price reaching a high of $34.18 and a low of $33.95. The stock was recently discussed on Yahoo Finance as it revealed that SOUTHWEST AIRLINES LAUNCHES LIMITED-TIME TIER STATUS ACCELERATION PROMOTION FOR RAPID REWARDS MEMBERS.

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Stocks Info

As a NYSE listed company, LUV falls under the Industrials sector while operating within the Airlines industry segment. At the end of the last regular session, the stock closed at $34.12 and fluctuated between $35.27 as its day high and $34.12 as its day low. The current market capitalization of Southwest Airlines Co. is $21.51B. A total of 6.1 million shares were traded on the day, compared to an average of 5.62M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, LUV has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 21 SELLs from insiders. Insiders purchased 209,109 shares during that period but sold 94,682.

In the most recent transaction, MONTFORD JOHN T sold 2,300 shares of LUV for 45.70 per share on May 27. After the transaction, the Director now owns 23,296 company shares. In a previous transaction on Dec 09, MONTFORD JOHN T sold 540 shares at 43.88 per share. LUV shares that Director owns now total 24,442.

Among the insiders who sold shares, Gilligan Thomas W. disposed of 11,188 shares on Oct 27 at a per-share price of $47.34. This resulted in the Director holding 8,056 shares of LUV after the transaction.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. LUV’s most recent ex-dividend date was 03/03/2020 when it declared a $0.18 quarterly dividend that was paid in cash on 03/25/2020. Previously, the company paid the dividend on 01/08/2020 with an ex-dividend date of 12/10/2019. The dividend was $0.18 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for LUV in the last 3 months, the mean price target is $50.44 with high estimates of $66.00 and low estimates of $39.00. In terms of 52-week highs and lows, LUV has a high of $56.33 and a low of $34.36.

As of this writing, LUV has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.61 per share and a lower estimate of $0.3. The company reported an EPS of $1.3 in the last quarter, which was 11.11% higher than expectations of $1.17.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 20 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LUV is Sell with a score of 4.47. A total of 12 analysts rated the stock as Buy while 3 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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