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Southwest Airlines Co. (LUV)

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31.25 +0.74 (+2.43%)
At close: October 4 at 4:00 PM EDT
31.25 0.00 (0.00%)
After hours: October 4 at 7:55 PM EDT
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DELL
  • Previous Close 30.51
  • Open 31.45
  • Bid 31.16 x 800
  • Ask 31.25 x 1200
  • Day's Range 30.95 - 32.20
  • 52 Week Range 21.91 - 35.18
  • Volume 8,599,636
  • Avg. Volume 10,389,645
  • Market Cap (intraday) 18.724B
  • Beta (5Y Monthly) 1.16
  • PE Ratio (TTM) 240.38
  • EPS (TTM) 0.13
  • Earnings Date Oct 24, 2024
  • Forward Dividend & Yield 0.72 (2.30%)
  • Ex-Dividend Date Sep 4, 2024
  • 1y Target Est 26.94

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

www.southwest.com

74,081

Full Time Employees

December 31

Fiscal Year Ends

Airlines

Industry

Recent News: LUV

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Related Videos: LUV

Expect some travel industry shifts this fall: Priceline CEO

Job growth picked up in September, easing investor concerns about a weakening labor market. Priceline (BKNG) CEO Brett Keller joins Catalysts to discuss what the print signals about the strength of the consumer and how that weighs on the broader travel industry. Wage growth ticked up 4% year-over-year in September, and Keller explains, "More money means more travel." He notes that the travel industry held up well through the summer, and with the holiday travel season right around the corner, the industry data is showing traffic patterns in line with 2023. Meanwhile, the hotel industry has grown slightly stronger, and he notes that it has normalized since the post-COVID revenge travel cycle. While prices normalize, Keller warns of some potential shifts ahead during the fall travel season. He highlights that many airlines, like Spirit (SAVE) and United (UAL), are pulling inventory out of the market. "So as capacity comes out, we could see prices increasing in the airline industry," he explains. However, more hotel capacity is expected to come into the market, which will keep prices "relatively stable." "I think the dynamics are going to shift, but the airline industry clearly could see some bigger changes coming in the next month or two," he concludes. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

Performance Overview: LUV

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LUV
10.14%
S&P 500
20.57%

1-Year Return

LUV
19.37%
S&P 500
35.98%

3-Year Return

LUV
39.84%
S&P 500
31.99%

5-Year Return

LUV
36.99%
S&P 500
97.59%

Compare To: LUV

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Statistics: LUV

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Valuation Measures

Annual
As of 10/4/2024
  • Market Cap

    18.72B

  • Enterprise Value

    17.83B

  • Trailing P/E

    240.38

  • Forward P/E

    17.86

  • PEG Ratio (5yr expected)

    0.47

  • Price/Sales (ttm)

    0.74

  • Price/Book (mrq)

    1.79

  • Enterprise Value/Revenue

    0.66

  • Enterprise Value/EBITDA

    9.07

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.29%

  • Return on Assets (ttm)

    0.65%

  • Return on Equity (ttm)

    0.73%

  • Revenue (ttm)

    27.03B

  • Net Income Avi to Common (ttm)

    78M

  • Diluted EPS (ttm)

    0.13

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    10B

  • Total Debt/Equity (mrq)

    87.04%

  • Levered Free Cash Flow (ttm)

    -1.64B

Research Analysis: LUV

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 7.35B
Earnings 367M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

19.00 Low
26.94 Average
31.25 Current
35.00 High
 

Company Insights: LUV

Research Reports: LUV

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  • Daily – Vickers Top Buyers & Sellers for 10/03/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Southwest Airlines: New Seating Plan and Aircraft Sales Should Boost Cash Flow; Valuation Up 48%

    Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated in a single, open-seating cabin configuration in a point-to-point network. In 2025, Southwest will modify its cabins to offer some seats with extra legroom and will update its ticketing process to offer assigned seats.

    Rating
    Price Target
     
  • Southwest Airlines: Pressure From Investors Accelerates Governance Changes; Valuation Unchanged

    Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated in a single, open-seating cabin configuration in a point-to-point network. In 2025, Southwest will modify its cabins to offer some seats with extra legroom and will update its ticketing process to offer assigned seats.

    Rating
    Price Target
     
  • Southwest Earnings: Cost-Cutting and Adapting to the Customer Might Work; Fair Value Up by $4 to $23

    Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated in a single, open-seating cabin configuration in a point-to-point network. In 2025, Southwest will modify its cabins to offer some seats with extra legroom and will update its ticketing process to offer assigned seats.

    Rating
    Price Target
     

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