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Sunday, April 2, 2023

Analyst Expects Southwest Airlines Co. (NYSE: LUV) To Make Big Moves

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 same, with the stock’s consolidated last price remained same to $34.18. The Southwest Airlines Co. has recorded 86,633 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH OCT. 4, 2023.

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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 $34.18 and fluctuated between $34.46 as its day high and $33.90 as its day low. The current market capitalization of Southwest Airlines Co. is $20.16B. A total of 3.87 million shares were traded on the day, compared to an average of 6.73M shares.

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 7 BUY and 0 SELL insider trades, representing the acquisition of 247,620 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 7 SELLs from insiders. Insiders purchased 289,904 shares during that period but sold 29,853.

In the most recent transaction, MONTFORD JOHN T sold 2,250 shares of LUV for 38.87 per share on Nov 10. After the transaction, the Director now owns 21,046 company shares. In a previous transaction on May 27, MONTFORD JOHN T sold 2,300 shares at 45.70 per share. LUV shares that Director owns now total 23,296.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Southwest Airlines Co. pays an annual dividend of $0.72, resulting in a dividend yield of 2.11%, and it has a price to earnings (P/E) ratio of 43.27. LUV’s most recent ex-dividend date was 3/7/2023 when it declared a $0.18 quarterly dividend that was paid in cash on 3/29/2023. Previously, the company paid the dividend on 1/31/2023 with an ex-dividend date of 1/9/2023. The LUV stock 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 $45.27 with high estimates of $64.00 and low estimates of $35.00. In terms of 52-week highs and lows, LUV has a high of $50.10 and a low of $30.20.

As of this writing, LUV has an earnings estimate of -$0.17 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.04 per share and a lower estimate of -$0.31. The company reported an EPS of $0.5 in the last quarter, which was 19.00% higher than expectations of $0.42.

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 4.33. A total of 9 analysts rated the stock as Buy while 3 rated it as Overweight while 8 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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