News coverage about Southwest Airlines (NYSE:LUV) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Southwest Airlines earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the airline an impact score of 43.5940805763584 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
A number of analysts have weighed in on the stock. Bank of America lowered shares of Southwest Airlines from a “buy” rating to a “neutral” rating and set a $73.00 price objective for the company. in a research note on Tuesday, January 9th. Vetr upgraded shares of Southwest Airlines from a “strong sell” rating to a “sell” rating and set a $60.23 price objective for the company in a research note on Tuesday, December 26th. Atlantic Securities upgraded shares of Southwest Airlines from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $48.71 to $71.00 in a research note on Thursday, December 14th. ValuEngine lowered shares of Southwest Airlines from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Zacks Investment Research lowered shares of Southwest Airlines from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $67.97.
Shares of Southwest Airlines (NYSE:LUV) opened at $56.81 on Tuesday. The stock has a market cap of $32,631.28, a P/E ratio of 9.76, a PEG ratio of 0.99 and a beta of 1.17. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 0.45. Southwest Airlines has a 1 year low of $49.76 and a 1 year high of $66.99.
Southwest Airlines (NYSE:LUV) last announced its quarterly earnings results on Thursday, January 25th. The airline reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.01. Southwest Airlines had a net margin of 16.48% and a return on equity of 23.43%. The company had revenue of $5.27 billion for the quarter, compared to analysts’ expectations of $5.25 billion. During the same quarter in the previous year, the business posted $0.75 earnings per share. Southwest Airlines’s quarterly revenue was up 3.9% on a year-over-year basis. sell-side analysts expect that Southwest Airlines will post 5 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Wednesday, March 7th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Tuesday, March 6th. Southwest Airlines’s dividend payout ratio is presently 8.59%.
In other news, EVP Robert E. Jordan sold 32,931 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $64.38, for a total transaction of $2,120,097.78. Following the completion of the sale, the executive vice president now directly owns 76,993 shares of the company’s stock, valued at $4,956,809.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John T. Montford sold 1,695 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $63.27, for a total transaction of $107,242.65. Following the sale, the director now directly owns 23,098 shares of the company’s stock, valued at $1,461,410.46. The disclosure for this sale can be found here. Insiders own 0.21% of the company’s stock.
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Southwest Airlines Company Profile
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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