Over the past three months, Southwest Airlines Co. [LUV] ended the trading day at $41.61 and exhibited a change of 4.44% with a 24 hour trading and reached upto the volume of 11.33M compared to its recorded trading volume of 5.68 million. LUV generated a 1 year amount change with -24.72%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 1.50% with an amount shift of 4.51% over the last month.

On 22, October 2020, Southwest Reports Third Quarter 2020 Results. According to news published on Yahoo Finance, Southwest Airlines Co. (NYSE: LUV) (the “Company”) today reported its third quarter 2020 results:.

Analyst Birdseye View:

The most recent analyst activity for Southwest Airlines Co. [NYSE:LUV] stock was on September 08, 2020, when it was Initiated with an Overweight rating from Morgan Stanley, which also raised its 12-month price target on the stock to $54. Before that, on October 07, 2020, JP Morgan Recapitulated an Underweight rating and elevated its amount target to $41. On September 02, 2020, Berenberg Upgrade a Buy rating and boosted its price target on this stock to $45. On July 13, 2020, Wolfe Research Downgrade a Peer perform rating. On June 29, 2020, Goldman Upgrade a Buy rating and increased its price target to $47. On June 17, 2020, Seaport Global Securities Initiated a Buy rating and boosted its amount on this stock to $44. On June 12, 2020, Credit Suisse Upgrade an Outperform rating. On May 26, 2020, UBS Upgrade a Buy rating and improved its amount target to $41.

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, according to Wall Street analyst the average 12-month amount target is $45.61. At the most recent market close, shares of Southwest Airlines Co. [NYSE:LUV] were valued at $41.61. According to the average price forecast, investors can expect a potential return of 2.22%.

FUNDAMENTAL ANALYSIS

Southwest Airlines Co. [NYSE:LUV] most recently reported quarterly sales of 1.01 billion, which represented growth of -82.90%. 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 72.30%, its Operating Margin is 1.50%, 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 39.52 points at 1st support level, the second support level is making up to 39.21. But as of 1st resistance point, this stock is sitting at 40.16 and at 40.49 for 2nd resistance point.

Southwest Airlines Co. [LUV] reported its earnings at -$2.67 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$2.66/share signifying the difference of -0.01 and -0.40% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.15 calling estimates for -$0.41/share with the difference of 0.26 depicting the surprise of 63.40%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Southwest Airlines Co. [NYSE:LUV] is 1.70. 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, it’s amount to book ratio is 2.85 and showing 116.83 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Watterson Andrew M, EVP & Chief Revenue Officer, and it was the sale of 210.0 shares on May 29. Watterson Andrew M, the EVP & Chief Revenue Officer, completed a sale of 6036.0 shares on May 29. On May 29, Watterson Andrew M, EVP & Chief Revenue Officer, completed a sale of 7558.0 shares.