Economy

Southwest Airlines Company (NYSE:LUV) Quarterly Analysis

Southwest Airlines Co. (NYSE:LUV)'s earnings per share has been growing at a 72.9 percent rate over the past 5 year when average revenue increase was noted as 5.5 percent. American Century Companies Inc. now owns 84,955 shares of the airline's stock valued at $4,567,000 after acquiring an additional 290 shares during the period.

Southwest Airlines Co (LUV) now has a 14-day Commodity Channel Index (CCI) of 96.04.

Southwest Airlines Company (LUV) traded up 0.753% during mid-day trading on Tuesday, hitting $55.535. In contrast to the year ago quarter EPS was at 0.94. Southwest Airlines's quarterly revenue was up 6.7% compared to the same quarter previous year. Bank of Hawaii grew its holdings in Southwest Airlines by 0.3% during the 1st quarter. Toronto Dominion Bank raised its position in Southwest Airlines by 23.8% during the second quarter. First Heartland Consultants Inc. grew its stake in shares of Southwest Airlines by 0.3% during the first quarter. Sentry Investment Management LLC raised its position in Southwest Airlines by 1.1% during the second quarter. Institutional investors and hedge funds own 79.42% of the company's stock.

Insider Trades for Southwest Airlines Co. show that the latest trade was made on 10 Aug 2017 where Cunningham (William H), the Director completed a transaction type "Buy" in which 4500 shares were traded at a price of $54. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Following the acquisition, the director now directly owns 66,969 shares in the company, valued at $3,616,326. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Currently, the 14-day ADX for Southwest Airlines Co (LUV) is sitting at 27.13. The firm has a 50 day moving average of $53.62 and a 200 day moving average of $56.83. Accern grades analysis of public companies ranging from -1 to 1, with ranks nearest to 1 is considered more positive. Southwest Airlines Company has a 12-month low of $36.61 and a 12-month high of $64.39.

Southwest Airlines (NYSE:LUV) last posted its quarterly earnings data on Thursday, July 27th.

The Stock had a 1.83 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.78 and 1.78 respectively. The business had revenue of $5.74 billion during the quarter, compared to analysts' expectations of $5.73 billion. Southwest Airlines Co (NYSE:LUV) has risen 37.63% since September 26, 2016 and is uptrending. The business's revenue was up 6.7% compared to the same quarter a year ago. About shares traded. Oncomed Pharmaceuticals Inc (NASDAQ:OMED) has declined 70.06% since September 25, 2016 and is downtrending. Earnings, with 17 analysts believing the company would generate an Average Estimate of $0.93.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. As per Thursday, August 24, the company rating was maintained by Stifel Nicolaus. This represents a $0.50 annualized dividend and a yield of 0.91%. The ex-dividend date was Tuesday, August 22nd.

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A number of key analysts, polled by FactSet, shared their views about the current stock momentum. Morgan Stanley restated an overweight rating and set a $66.00 price objective (up previously from $65.00) on shares of Southwest Airlines in a report on Monday, July 10th. The rating was maintained by Cowen & Co on Friday, June 24 with "Outperform". (NYSE:LUV), 14 have Buy rating, 0 Sell and 3 Hold. 100,019 are owned by Neuberger Berman Group Ltd. Origin Asset Mngmt Llp reported 1.02% of its portfolio in Southwest Airlines Co (NYSE:LUV).

The average 1-year price target for The Manitowoc Company, Inc. Two research analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have assigned a buy rating to the company's stock. Southwest Airlines now has a average recommendation of "Buy" and a consensus price objective of $67.26.

Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. Southwest provides point-to-point service.



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