While Southwest Airlines Co has underperformed by -2.81%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LUV rose by 12.80%, with highs and lows ranging from $36.12 to $23.58, whereas the simple moving average jumped by 12.43% in the last 200 days.
On December 11, 2024, Morgan Stanley started tracking Southwest Airlines Co (NYSE: LUV) recommending Overweight. A report published by TD Cowen on December 06, 2024, Reiterated its previous ‘Hold’ rating for LUV. UBS also rated LUV shares as ‘Sell’, setting a target price of $27 on the company’s shares in an initiating report dated November 26, 2024. Goldman Initiated an Sell rating on November 15, 2024, and assigned a price target of $28. BofA Securities initiated its ‘Neutral’ rating for LUV, as published in its report on November 04, 2024. Jefferies’s report from October 09, 2024 suggests a price prediction of $32 for LUV shares, giving the stock a ‘Hold’ rating. TD Cowen also rated the stock as ‘Hold’.
Analysis of Southwest Airlines Co (LUV)
It’s important to note that LUV shareholders are currently getting $0.72 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 5.29%, showing a positive trend in the upcoming months.
Southwest Airlines Co’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -0.15% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.83, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and LUV is registering an average volume of 6.73M. On a monthly basis, the volatility of the stock is set at 2.40%, whereas on a weekly basis, it is put at 2.92%, with a loss of -2.03% over the past seven days. Furthermore, long-term investors anticipate a median target price of $32.64, showing decline from the present price of $32.88, which can serve as yet another indication of whether LUV is worth investing in or should be passed over.
How Do You Analyze Southwest Airlines Co Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 90.33% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LUV shares are owned by institutional investors to the tune of 90.33% at present.
