Analysts See $0.84 EPS for Southwest Airlines Co. (LUV)

Lloyd Doyle
December 30, 2017

Pittenger & Anderson Inc. now owns 2,100 shares of the airline's stock valued at $130,000 after buying an additional 250 shares during the last quarter. The hedge fund held 7,644 shares of the consumer services company at the end of 2017Q3, valued at $7.35M, down from 8,885 at the end of the previous reported quarter. QIWI trades with a P/S ratio of 2.9. (NYSE:LUV) news were published by: Seekingalpha.com which released: "Southwest Airlines Ups Guidance, So Market Ups Prices" on December 08, 2017, also Prnewswire.com with their article: "Southwest Airlines 32nd Annual LUV Classic Golf Tournament Gives Back To Local ..." published on December 15, 2017, Usatoday.com published: "Is that seat taken?" It has underperformed by 20.44% the S&P500.

Ipg Investment Advisors Llc increased its stake in Southwest Airls Co Com (LUV) by 51.8% based on its latest 2017Q3 regulatory filing with the SEC. The stock decreased 0.46% or $0.34 during the last trading session, reaching $73.54.

Southwest Airlines (NYSE:LUV) was upgraded by investment analysts at Atlantic Securities from a "neutral" rating to an "overweight" rating in a report released on Thursday, December 14th, MarketBeat Ratings reports. It has outperformed by 20.93% the S&P500. During the same period last year, the company posted $0.93 EPS. analysts forecast that Southwest Airlines will post 3.57 EPS for the current fiscal year.

Among 33 analysts covering Regions Financial Corp (NYSE:RF), 7 have Buy rating, 4 Sell and 22 Hold. Therefore 21% are positive.

Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets.


In other Southwest Airlines news, Director John T. Montford sold 1,695 shares of Southwest Airlines stock in a transaction that occurred on Wednesday, December 13th. (NYSE:LUV) earned "Outperform" rating by Imperial Capital on Thursday, January 12. Credit Suisse downgraded Laboratory Corporation of America Holdings (NYSE:LH) on Wednesday, July 12 to "Hold" rating. Imperial Capital maintained the stock with "Outperform" rating in Tuesday, November 22 report. The company was upgraded on Friday, September 15 by J.P. Morgan. Buckingham Research maintained Southwest Airlines Co. As per Friday, November 3, the company rating was maintained by Morgan Stanley.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.06, from 0.83 in 2017Q2.

A number of large investors have recently bought and sold shares of LUV. 70 funds opened positions while 213 raised stakes. The airline reported $0.88 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.01. Southwest Airlines has a one year low of $48.71 and a one year high of $66.99. Following the completion of the transaction, the director now owns 25,000 shares in the company, valued at approximately $1,348,500. Paradigm Asset Management holds 0.14% or 9,950 shares. Salem Counselors Incorporated accumulated 0% or 208 shares. Axa invested in 0.01% or 10,553 shares. Southwest Airlines had a return on equity of 24.85% and a net margin of 10.12%. Suntrust Banks invested 0.01% in Regions Financial Corporation (NYSE:RF). Jane Street Grp Limited Liability Company has 112,880 shares for 0.02% of their portfolio. Teachers Retirement Sys Of The State Of Kentucky reported 0.25% stake. About 590,920 shares traded. F.N.B. Roundview Lc has 0.08% invested in Southwest Airlines Co. Fruth Inv Management invested 0.13% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Highland Management Ltd Liability Corporation has 0.05% invested in Southwest Airlines Co. (NYSE:LUV) on Thursday, February 4 with "Overweight" rating. During the same quarter previous year, the business posted $0.93 EPS. LUV's profit would be $498.44M giving it 19.48 P/E if the $0.84 EPS is correct. Insiders sold a total of 82,281 shares of company stock worth $4,694,320 in the last quarter.

Since October 17, 2017, it had 0 buys, and 3 insider sales for $2.23 million activity. (NYSE:LUV) on Wednesday, December 13. The company's stock had a trading volume of 1,977,077 shares, compared to its average volume of 5,151,686. Grove Bank & Trust now owns 2,395 shares of the airline's stock worth $134,000 after acquiring an additional 1,880 shares in the last quarter.

Investors sentiment increased to 1.8 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It also reduced its holding in Suncor Energy Inc. 127 funds opened positions while 657 raised stakes. Zacks Investment Research downgraded shares of Southwest Airlines from a "hold" rating to a "sell" rating in a research report on Monday, October 30th. Fisher Asset Mngmt Ltd Liability Co stated it has 65,497 shares. Baldwin Invest Mgmt Limited Co holds 2,345 shares. Gam Holdg Ag owns 7,509 shares. Neville Rodie And Shaw Inc has 0.17% invested in Amazon.com, Inc. Columbia Asset Management reported 6,525 shares stake. APG Asset Management N.V. now owns 4,592,536 shares of the airline's stock worth $257,090,000 after purchasing an additional 660,500 shares in the last quarter. Cornerstone Advsrs has 33,500 shares. Adirondack Trust reported 1,799 shares. Canada Pension Plan Investment Board holds 0.41% or 206,530 shares in its portfolio. Therefore 94% are positive. Hyatt Hotels had 69 analyst reports since August 5, 2015 according to SRatingsIntel. (NASDAQ:AMZN) rating on Friday, June 16. Jefferies has "Buy" rating and $115000 target. As per Friday, October 27, the company rating was maintained by SunTrust. Citigroup Inc reissued a buy rating on shares of Southwest Airlines in a research note on Tuesday, December 6th. The firm earned "Buy" rating on Tuesday, July 26 by Evercore.

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