5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
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Investors evaluating LUV stock at the current market price of $38.68/share should know the company will next release quarterly results for the September 2016 quarter.
These analysts also forecasted Growth Estimates for the Current Quarter for LUV to be -5.3%.
Earnings Roundup: In the last fiscal quarter alone, Southwest Airlines Co. generated almost $5.38B in sales and net income of $1.19/share.
The consensus on Southwest Airlines Company (LUV) based on 11 analyst recommendation on the company stock is 1.91, which is interpreted as a Buy recommendation. Evercore ISI raised Southwest Airlines from a “hold” rating to a “buy” rating and decreased their price objective for the company from $47.00 to $37.36 in a report on Tuesday, July 26th. The share price of the stock plunged -48.92% for the year. 9 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms. Vetr now has $38.64 price objective on the airline’s stock.
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On 9/6/2016, shares of Southwest Airlines Company (NYSE:LUV) rose +0.16% in trading session and finally closed at $36.95. Two-thirds of the stocks we cover in the “Aerospace Airlines” sector are above their 80-day moving average, plus the average 52-week return among these names is 9.5%. Liberty Interactive Corporation has an EPS ratio of 1.22. The Stock has its 52-week High of $51.34 and 52-Week Low of $33.96 and it touched its 52-week high on Dec 7, 2015 and 52-Week Low on Feb 8, 2016. The company will report its next earnings on 26-Oct-16. According to these analysts, the Low Revenue Estimate for Southwest Airlines Company is 5.02 Billion and the High Revenue Estimate is 5.2 Billion. The firm’s quarterly revenue was up 5.3% compared to the same quarter previous year. The difference between the expected and actual EPS was $-0.02/share, which represents an Earnings surprise of -1.7%. Southwest Airlines Company has its YTD performance of -13.59 Percent. It has a dividend yield of 1.03%. Bristol Gate Capital Partners Inc. boosted its position in Southwest Airlines by 7.2% in the second quarter. Meanwhile, Director CUNNINGHAM WILLIAM H DR Purchased 5,700 shares worth $204000.06, through a transaction dated 2016-08-03. BBBY’s institutional ownership was registered as 99.60%, while insider ownership was 1.70%. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The stock has relative volume of 1.55. The shares were sold at an average price of $37.62, for a total value of $66,813.12. The company had Year Ago Sales of 5.15 Billion.
