Southwest Airlines Co (NYSE: LUV) is -9.19% lower on its value in year-to-date trading and has touched a low of $23.58 and a high of $36.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LUV stock was last observed hovering at around $28.18 in the last trading session, with the day’s gains setting it 2.35%.
Currently trading at $30.53, the stock is 1.62% and -2.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 41.14 million and changing 8.34% at the moment leaves the stock 2.21% off its SMA200. LUV registered -12.35% loss for a year compared to 6-month gain of 2.79%.
The stock witnessed a -1.52% loss in the last 1 month and extending the period to 3 months gives it a -12.37%, and is 3.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.73% over the week and 3.18% over the month.
Southwest Airlines Co (LUV) has around 72450 employees, a market worth around $18.09B and $27.48B in sales. Current P/E ratio is 42.98 and Fwd P/E is 12.65. Profit margin for the company is 1.71%. Distance from 52-week low is 29.47% and -15.48% from its 52-week high. The company has generated returns on investments over the last 12 months (2.85%).
The EPS is expected to grow by 67.07% this year.
Southwest Airlines Co (LUV) Top Institutional Holders
The shares outstanding are 593.31M, and float is at 585.90M with Short Float at 5.50%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 67.6 million shares valued at $1.93 billion. The investor’s holdings represent 11.3238% of the LUV Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 57.92 million shares valued at $1.66 billion to account for 9.6694 of the shares outstanding. The other top investors are PRIMECAP MANAGEMENT CO/CA/ which holds 49.91 million shares representing 8.332% and valued at over $1.43 billion, while STATE STREET CORP holds 6.6497 of the shares totaling 39.7 million with a market value of $1.14 billion.
Southwest Airlines Co (LUV) Insider Activity
The most recent transaction is an insider purchase by Atherton Lisa M, the company’s Director. SEC filings show that Atherton Lisa M bought 118 shares of the company’s common stock on Jan 30 ’25 at a price of $31.28 per share for a total of $3691.0. Following the purchase, the insider now owns 118.0 shares.
Southwest Airlines Co disclosed in a document filed with the SEC on Dec 06 ’24 that Rutherford Linda B. (Chief Administration Officer) sold a total of 3,849 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $34.40 per share for $0.13 million. Following the transaction, the insider now directly holds 89376.0 shares of the LUV stock.
Still, SEC filings show that on Dec 06 ’24, Rutherford Linda B. (Officer) Proposed Sale 3,849 shares at an average price of $34.40 for $0.13 million. The insider now directly holds shares of Southwest Airlines Co (LUV).
