News headlines about Southwest Airlines (NYSE:LUV) have trended somewhat negative recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Southwest Airlines earned a news impact score of -0.03 on Accern’s scale. Accern also assigned media coverage about the airline an impact score of 43.8792860462055 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
Several equities research analysts have recently weighed in on the stock. Bank of America downgraded shares of Southwest Airlines from a “buy” rating to a “neutral” rating and set a $73.00 target price on the stock. in a research note on Tuesday. Cowen reissued a “buy” rating and issued a $67.00 target price on shares of Southwest Airlines in a research note on Tuesday. Stifel Nicolaus reissued a “buy” rating and issued a $85.00 target price (up previously from $80.00) on shares of Southwest Airlines in a research note on Wednesday. Vetr downgraded shares of Southwest Airlines from a “buy” rating to a “hold” rating and set a $59.16 target price on the stock. in a research note on Wednesday, October 4th. Finally, ValuEngine downgraded shares of Southwest Airlines from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Southwest Airlines currently has a consensus rating of “Buy” and an average price target of $67.93.
Southwest Airlines (NYSE LUV) traded up $0.52 during midday trading on Friday, hitting $65.36. 3,809,141 shares of the stock were exchanged, compared to its average volume of 4,980,000. The company has a current ratio of 0.61, a quick ratio of 0.55 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $38,780.00, a PE ratio of 18.73, a PEG ratio of 1.37 and a beta of 1.35. Southwest Airlines has a 12-month low of $48.71 and a 12-month high of $66.99.
Southwest Airlines (NYSE:LUV) last posted its quarterly earnings results on Thursday, October 26th. The airline reported $0.88 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.01. The firm had revenue of $5.27 billion for the quarter, compared to analysts’ expectations of $5.29 billion. Southwest Airlines had a net margin of 10.12% and a return on equity of 24.85%. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 earnings per share. research analysts forecast that Southwest Airlines will post 3.52 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Thursday, December 7th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Wednesday, December 6th. Southwest Airlines’s payout ratio is presently 14.33%.
In other Southwest Airlines news, Director John T. Montford sold 935 shares of the stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $53.94, for a total transaction of $50,433.90. Following the transaction, the director now directly owns 25,000 shares in the company, valued at approximately $1,348,500. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John T. Montford sold 1,695 shares of the stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $63.27, for a total transaction of $107,242.65. Following the transaction, the director now owns 23,098 shares in the company, valued at $1,461,410.46. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,593 shares of company stock worth $2,279,660. 0.21% of the stock is owned by company insiders.
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About Southwest Airlines
Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest’s EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest’s respective policies.
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