Southwest Airlines Co. [LUV] shares are down more than -20.98% this year and recently decreased by 0.0% or $0.08 to settle at $45.66. LUV has a short ratio of 1.34. This implies that the market is currently less bullish on the outlook for LUV.
Southwest Airlines Analyst Birdseye View:
The most recent analyst activity for Southwest Airlines Co. [NYSE:LUV] stock was on October 23, 2020, when it was Reiterated with an Outperform rating from Cowen, which also raised its 12-month price target on the stock from $43 to $46. Before that, on November 17, 2020, Jefferies Recapitulated a Buy rating and elevated its amount target to $55. On October 07, 2020, JP Morgan Downgrade an Underweight rating and boosted its price target on this stock to $41. On September 08, 2020, Morgan Stanley Initiated an Overweight rating and increased its price target to $54. On September 02, 2020, Berenberg Upgrade a Buy rating and increased its price target to $45. On July 13, 2020, Wolfe Research Downgrade a Peer perform rating. On June 29, 2020, Goldman Upgrade a Buy rating and boosted its target amount on this stock from $35 to $47. On June 17, 2020 Seaport Global Securities Initiated a Buy rating and elevated its amount target to $44.
In the past 52 weeks of trading, this stock has oscillated between a low of $22.47 and a peak of $58.83. Right now, the middling Wall Street analyst 12-month amount mark is $48.50. At the most recent market close, shares of Southwest Airlines Co. [NYSE:LUV] were valued at $45.66. According to the average price forecast, investors can expect a potential return of 0.37%.
Southwest Airlines Fundamental Analysis
Southwest Airlines Co. [NYSE:LUV] most recently reported quarterly sales of 1.79 billion, which represented growth of -68.20%. This publicly-traded organization’s revenue is $368,882 per employee, while its income is $37,829 per employee. This company’s Gross Margin is currently 69.80%, its Operating Margin is -15.50%, its Pretax Margin is +13.18, and its Net Margin is +10.26. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.47, 23.37, 22.17 and 18.16 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 28.90 and the whole liability to whole assets at 14.79. It shows enduring liability to the whole principal at 20.42 and enduring liability to assets at 0.10 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 44.65 points at 1st support level, the second support level is making up to 43.63. But as of 1st resistance point, this stock is sitting at 46.46 and at 47.25 for 2nd resistance point.
Southwest Airlines Co. [LUV] reported its earnings at -$1.99 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$2.35/share signifying the difference of 0.36 and 15.30% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$2.67 calling estimates for -$2.66/share with the difference of -0.01 depicting the surprise of -0.40%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Southwest Airlines Co. [NYSE:LUV] is 2.10. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.45. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.30 and it’s amount to book ratio is 2.85.