Analyst Upside Underscores Impressive Growth for Southwest Airlines Co. (NYSE:LUV)

Lloyd Doyle
October 4, 2017

The company has a market cap of $35.14 Billion. Investors might consider the stock as a long term growth candidate as the firm has yielded 72.90% earnings per share growth over the past 5 years and 5.50% revenue growth over that same time frame. It has outperformed by 20.93% the S&P500.

A number of analysts have recently issued reports on the company. This showed a surprise of 3.3% in the last quarter earnings. The stock rose 0.37% or $0.94 reaching $256.4. About 1.37M shares traded. It has outperformed by 6.95% the S&P500. It also increased its holding in Lh (NYSE:LH) by 50 shares in the quarter, for a total of 4,737 shares, and has risen its stake in Agn. She will join the company´s Corporate Services Leadership team and will work with that group to ensure Southwest has the best processes, policies, and tools to serve the airline´s growing and diverse workforce. The first trade took place at $55.94 and the stock went up 4.5% to attain the closing price of $58.51. The P/E Ratio for LUV is 17.95.

18 analysts on average are expecting Southwest Airlines report earnings of $0.89 per share for the current quarter. Southwest Airlines Co. (NYSE:LUV) has a 20-Day average volume of 5.95 Million.

Southwest Airlines Co. (NYSE:LUV) has 600.60 shares were outstanding.

Since May 17, 2017, it had 0 insider buys, and 7 sales for $4.10 million activity. Its up 3.49% from 3.95M shares previously. $492,238 worth of stock was sold by Romo Tammy on Tuesday, May 23. Lamb Jeff also sold $1.21M worth of Southwest Airlines Co (NYSE:LUV) shares. "The MAX 8 is the future of the Southwest fleet, and we look forward to connecting Customers to the important moments in their lives through our legendary service delivered with this more fuel efficient* aircraft created to produce less noise in the communities we serve**". About 24 shares traded. Southwest Airlines has a consensus rating of "Buy" and a consensus target price of $66.95. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company's stock. Therefore 83% are positive. Exxonmobil Mgmt Tx reported 0.18% of its portfolio in Southwest Airlines Co (NYSE:LUV). Southwest Airlines's payout ratio is presently 15.34%. Barclays Capital has "Equal-Weight" rating and $48 target. A buy rating is a recommendation to purchase a specific security. As per Thursday, January 7, the company rating was upgraded by Morgan Stanley. The firm has "Overweight" rating given on Thursday, October 27 by JP Morgan.

Investors sentiment decreased to 1.21 in Q2 2017. 43 funds opened positions while 39 raised stakes. 463.31 million shares or 1.17% less from 468.79 million shares in 2017Q1 were reported. Schwab Charles Investment Management holds 1.90 million shares or 0.11% of its portfolio. Morgens Waterfall Vintiadis Commerce owns 0.78% invested in Southwest Airlines Co (NYSE:LUV) for 13,000 shares. $872,769 worth of Southwest Airlines Co (NYSE:LUV) was sold by Van de Ven Michael G on Thursday, May 18. Bluestein R H & invested 2.63% of its portfolio in Southwest Airlines Co (NYSE:LUV). Investors of record on Thursday, August 24th were given a dividend of $0.125 per share. Horan Capital Advsr Ltd Liability Corp stated it has 18,157 shares. Grimes & Inc has 108,271 shares for 0.75% of their portfolio. Tnb Financial has 11,137 shares for 0.4% of their portfolio. Citadel Advsrs Lc owns 1.47 million shares. 610 are held by Amer Retail Bank. Scout, Missouri-based fund reported 366,311 shares. Parametric Port Associates Ltd Llc has invested 0.12% in Southwest Airlines Co (NYSE:LUV). Cwm holds 0.02% or 1,533 shares. Its down 0.07, from 0.9 in 2017Q1. Lsv Asset Mngmt reported 3.01 million shares or 1.06% of all its holdings. Sivik Glob Healthcare Limited Liability Co accumulated 20,000 shares or 0.64% of the stock. Signature Fin invested in 0.09% or 2,077 shares. Vanguard Gru Inc has invested 0.12% in Southwest Airlines Co (NYSE:LUV). (NYSE:HON). 2,431 are owned by Winch Advisory Services Limited. Blair William Il holds 0% or 3,000 shares in its portfolio. Orbimed Ltd Liability Com owns 2.43 million shares for 2.22% of their portfolio. Ubs Asset Management Americas Inc reported 0% of its portfolio in Puma Biotechnology Inc (NASDAQ:PBYI). Marshall Wace North America L.P. lifted its stake in shares of Southwest Airlines by 912.7% in the 2nd quarter.

Among 19 analysts covering Honeywell International Inc. These players show their main role in buy or sell enormous chunks. Therefore 79% are positive. Southwest Airlines Co. had 52 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with "Buy" on Tuesday, September 12. BidaskClub cut Southwest Airlines from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 12th. Jefferies maintained Honeywell International Inc. Imperial Capital has "Outperform" rating and $59 target. The company was initiated on Wednesday, June 29 by BMO Capital Markets.

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