Southwest Airlines Co [LUV] stock prices are up 0.79% to $30.73 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LUV shares have lost -0.58% over the last week, with a monthly amount glided 3.29%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Southwest Airlines Co [NYSE: LUV] stock has seen the most recent analyst activity on October 09, 2024, when Jefferies upgraded its rating to a Hold and also boosted its price target to $32 from $24. Previously, TD Cowen reaffirmed its Hold rating on September 30, 2024, and elevated its price target to $25. On September 03, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $35 on the stock. TD Cowen reiterated its Hold rating and decreased its price target to $19 on July 17, 2024. Melius reiterated its recommendation of a Sell but $26 remained the price target by the analyst firm on June 10, 2024. Argus downgraded its rating to Hold for this stock on May 28, 2024. In a note dated April 29, 2024, Jefferies downgraded an Underperform rating on this stock and revised its target price from $28 to $20.
The stock price of Southwest Airlines Co [LUV] has been fluctuating between $21.91 and $35.18 over the past year. Currently, Wall Street analysts expect the stock to reach $43.08 within the next 12 months. Southwest Airlines Co [NYSE: LUV] shares were valued at $30.73 at the most recent close of the market. An investor can expect a potential return of 40.19% based on the average LUV price forecast.
Analyzing the LUV fundamentals
The Southwest Airlines Co [NYSE:LUV] reported sales of 27.03B for trailing twelve months, representing a surge of 4.50%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.41 points at the first support level, and at 30.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.92, and for the 2nd resistance point, it is at 31.11.
Ratios To Look Out For
It’s worth pointing out that Southwest Airlines Co [NYSE:LUV]’s Current Ratio is 0.90. Further, the Quick Ratio stands at 0.85, while the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 1.76 and price to earnings (TTM) ratio is 260.64.
Transactions by insiders
Recent insider trading involved GANGWAL RAKESH, Director, that happened on Oct 01 ’24 when 0.64 million shares were purchased. Director, GANGWAL RAKESH completed a deal on Oct 01 ’24 to buy 0.53 million shares. Meanwhile, Director GANGWAL RAKESH bought 0.13 million shares on Oct 01 ’24.
