Headlines about Southwest Airlines (NYSE:LUV) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Southwest Airlines earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the airline an impact score of 46.6720854525965 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- $5.21 Billion in Sales Expected for Southwest Airlines Company (LUV) This Quarter (americanbankingnews.com)
- Southwest’s New 737 Lags in On-Time Flights in Max’s U.S. Debut (finance.yahoo.com)
- Spirit Airlines giving big four domestic carriers reason to worry (finance.yahoo.com)
- Southwest Airlines Demonstrates Continued Commitment To Equality By Earning Top Marks In 2018 Corporate Equality Index (finance.yahoo.com)
- Six Ways The 3-Weeks-Tight Stock Pattern Can Be Faulty (finance.yahoo.com)
Shares of Southwest Airlines (NYSE LUV) opened at $53.25 on Tuesday. Southwest Airlines has a fifty-two week low of $43.88 and a fifty-two week high of $64.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.61 and a quick ratio of 0.55. The stock has a market cap of $31,740.30, a P/E ratio of 15.41, a P/E/G ratio of 1.77 and a beta of 1.31.
Southwest Airlines (NYSE:LUV) last issued its earnings results on Thursday, October 26th. The airline reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.01. The company had revenue of $5.27 billion for the quarter, compared to analysts’ expectations of $5.29 billion. Southwest Airlines had a net margin of 10.12% and a return on equity of 24.85%. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $0.93 earnings per share. analysts expect that Southwest Airlines will post 3.56 EPS for the current fiscal year.
A number of research analysts recently commented on the company. Vetr raised Southwest Airlines from a “sell” rating to a “buy” rating and set a $55.93 target price on the stock in a research note on Monday. Zacks Investment Research upgraded shares of Southwest Airlines from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. J P Morgan Chase & Co upped their price target on shares of Southwest Airlines from $66.00 to $67.00 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. Stifel Nicolaus restated a “buy” rating and set a $80.00 price target on shares of Southwest Airlines in a research report on Wednesday, November 1st. Finally, Deutsche Bank AG restated a “buy” rating and set a $71.00 price target on shares of Southwest Airlines in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $67.00.
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In other news, Director John T. Montford sold 935 shares of Southwest Airlines stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $53.94, for a total transaction of $50,433.90. Following the transaction, the director now owns 25,000 shares in the company, valued at approximately $1,348,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.21% of the company’s stock.
About Southwest Airlines
Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest’s EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest’s respective policies.
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