Southwest Airlines Co. (NYSE: LUV) has reported E.P.S. of $-0.39 for its first fiscal quarter (ending March 31) versus $-0.27 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.66 versus $1.12 for the same period a year ago.
Recent Price Action
Southwest Airlines Co. (NYSE: LUV) stock closed at $27.26 on 4/25/24 after a large decline of -7.0%. Moreover, trading volume in this decline was exceptionally high at 417% of normal. The stock has declined -5.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LUV is expected to continue to be an important Value Builder.
Southwest Airlines Co has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Southwest Airlines Co has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 35, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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