Southwest Airlines Co. (NYSE: LUV) has reported E.P.S. of $0.61 for its second fiscal quarter (ending June 30) versus $1.15 for the same period a year ago — a decline of -47%. However, this performance was $0.09 better than the consensus estimate of $0.51. E.P.S. were $0.13 for the latest four quarters through June 30 versus $0.98 for the same period a year ago — a decline of -87%.
Recent Price Action
Southwest Airlines Co. (NYSE: LUV) stock closed at $28.08 on 7/25/24 after a very large increase of 5.5%. Moreover, exceptionally high trading volume at 208% of normal accompanied the advance. The stock has declined -0.8% 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 C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Southwest Airlines Co has a neutral Appreciation Score of 57 and a slightly negative Power Rating of 34, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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