Geometry Dash APK Hill Climb Racing APK
70.1 F
New York
Sunday, June 13, 2021

Is the Rough Ride Over for Southwest Airlines Co. (LUV)

Must read

VIVO Cannabis Inc (OTCMKTS:VVCIF) Stock Turns Volatile: Uptrend in Jeopardy

Anyone watching the market knows the cannabis sector has been booming again. Since the start of the year, the cannabis sector has...

Auxly Cannabis Group Inc (OTCMKTS:CBWTF) Attempts To Recover After The Recent Move

Among the many sectors that have made a comeback in the stock markets this year, the comeback made by the cannabis sector...

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) Looks RAD: Extends Rally

The artificial intelligence space has grown at a highly impressive rate over the past few years and nowadays, investors are increasingly looking...

Tesoro Enterprises, Inc. (OTCMKTS:TSNP) In Focus: Continues to Hit New Highs

If you are looking for stocks that have managed to record significant gains over the past couple of months or so then...

Southwest Airlines Co. (LUV) shares are trading at higher $47.44 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $48.95.

To add more color to this target, the company’s high over the last year is $58.83 and the low is $22.47. Over the last 52 weeks, LUV is down -15.18% while the S&P 500 is up 18.49%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, LUV reported a profit of 608.0 million. Southwest Airlines Co. also saw revenues decrease to $1.79 billion. In addition, LUV has free cash flow of -$956.0 million as of 09-2020. The company’s EBITDA came in at -$1.09 billion which compares well with its peers.

LUV booked profit margins of -12.90%, its Return on Equity (ROE) is -16.70%, and its Return on Assets is -5.30%. All told, it is clear that, LUV needs to be on your watchlist.

Find out when LUV reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. LUV has a short ratio of 1.31 and outstanding shares of 590.00M.

Company Outlook

LUV has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 7.99 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -2.85. Southwest Airlines Co. LUV also noted assets of $35.6 billion at the end of the last quarter. Investors should also keep an eye on sector updates as LUV has historically followed its peers on positive news.

All told, Southwest Airlines Co. LUV has strung together solid data and demonstrated underlying fundamentals. At its current valuation, LUV represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Southwest Airlines Co. LUV is now commanding a market cap of 28.32B and a float of 588.77M. LUV is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of LUV stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in LUV, either long or short, and we have not been compensated for this article.

Latest article

American Diversified Holdings Corp (OTCMKTS:ADHC) Nears Critical Level

When a stock records significant gains and then crashes and repeats over the course of a few months, then it might be...

Reconnaissance Energy Africa Ltd (OTCMKTS:RECAF) Gathers Further Momentum

If you are currently looking for stocks that may have recorded massive gains within a short period of time, then it might...

Is Tilray Inc (NASDAQ:TLRY) Stock a Good Buy After The Recent Fall?

The cannabis sector may have had a hard time not too long ago but over the course of the past months, the...

Sysorex Inc (OTCMKTS:SYSX) Stock Still Riding Big News

Investors are always drawn to stocks that make a big jump out of nowhere. So it's no surprise that Sysorex Inc (OTCMKTS:SYSX)...

BIGG Digital Assets Inc (OTCMKTS:BBKCF) is Struggling to Regain Momentum

Over the course of the past few months, the continued rally in some of the biggest cryptocurrencies has led to considerable interest...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service