Southwest Airlines Co. (NYSE: LUV) has reported earnings for its third fiscal quarter (ending September 30) of $0.11 versus $0.32 for the same period a year ago — a decline of -66%. For the latest four quarters through September 30, E.P.S. were $-0.08 versus $0.83 for the same period a year ago — a decline of -110%.
Recent Price Action
Southwest Airlines Co. (NYSE: LUV) stock suffered a large decline of -5.6% on 10/24/24. The stock closed at $29.02. Moreover, this decline was accompanied by unusually high trading volume at 195% of normal. Relative to the market the stock has been weak over the last nine months and has declined -6.1% 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 (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Southwest Airlines Co has a neutral Appreciation Score of 55 and a neutral Power Rating of 43, and the Neutral Value Trend Rating results.
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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