Press coverage about Southwest Airlines (NYSE:LUV) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Southwest Airlines earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned media stories about the airline an impact score of 44.2359409272126 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
LUV has been the subject of a number of research reports. Vetr cut Southwest Airlines from a “strong-buy” rating to a “buy” rating and set a $63.03 price objective for the company. in a research report on Tuesday, February 27th. UBS reduced their price objective on Southwest Airlines from $75.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, March 22nd. Zacks Investment Research raised Southwest Airlines from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Tuesday, January 30th. Stifel Nicolaus reissued a “buy” rating and set a $85.00 price objective (up previously from $80.00) on shares of Southwest Airlines in a research report on Wednesday, January 10th. Finally, Cowen reaffirmed a “buy” rating and issued a $67.00 price target on shares of Southwest Airlines in a research report on Tuesday, January 9th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company. Southwest Airlines has a consensus rating of “Buy” and a consensus price target of $70.45.
Shares of NYSE LUV traded down $0.18 during trading hours on Monday, hitting $54.89. 5,175,678 shares of the company’s stock were exchanged, compared to its average volume of 5,130,332. Southwest Airlines has a 1-year low of $49.76 and a 1-year high of $66.99. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.64 and a current ratio of 0.70. The stock has a market capitalization of $32,378.46, a PE ratio of 15.68, a P/E/G ratio of 1.42 and a beta of 1.14.
Southwest Airlines (NYSE:LUV) last posted its quarterly earnings data 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 return on equity of 23.43% and a net margin of 16.48%. The business had revenue of $5.27 billion during the quarter, compared to analysts’ expectations of $5.25 billion. During the same quarter in the previous year, the firm earned $0.75 EPS. The firm’s revenue was up 3.9% compared to the same quarter last year. equities research analysts forecast that Southwest Airlines will post 4.86 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 28th. Investors of record on Wednesday, March 7th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Tuesday, March 6th. This represents a $0.50 annualized dividend and a dividend yield of 0.91%. Southwest Airlines’s dividend payout ratio is presently 14.29%.
In other Southwest Airlines news, Director William H. Dr Cunningham acquired 3,500 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average price of $56.25 per share, with a total value of $196,875.00. Following the transaction, the director now owns 70,469 shares of the company’s stock, valued at $3,963,881.25. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Gregory D. Wells sold 8,323 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $58.88, for a total value of $490,058.24. Following the transaction, the executive vice president now directly owns 30,262 shares of the company’s stock, valued at approximately $1,781,826.56. The disclosure for this sale can be found here. Insiders have sold a total of 108,473 shares of company stock valued at $6,296,091 in the last three months. 0.23% of the stock is owned by insiders.
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Southwest Airlines Company Profile
Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, Turks, and Chaos.
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