Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Southwest Airlines Co. (NYSE: LUV) improved recently. LUV’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/26/24, Southwest Airlines Co. (NYSE: LUV) stock declined slightly by -0.8%, closing at $27.03. Moreover, unusually high trading volume at 178% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -7.0% during the last week.
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 C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Southwest Airlines Co has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 36, triggering the Low Neutral Value Trend Rating.
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