Southwest Airlines Co. (NYSE: LUV) stock suffered a major decline of -14.9% on 3/12/24. The shares closed at $28.76. Moreover, trading volume in this decline was exceptionally high at 493% of normal. The stock has declined -15.7% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LUV is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Southwest Airlines Co has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Southwest Airlines Co has a neutral Appreciation Score of 43 and a neutral Power Rating of 41, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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