LUV - Southwest Airlines Co.

NYSE - Nasdaq Real Time Price. Currency in USD
33.06
-1.24 (-3.62%)
As of 3:49PM EDT. Market open.
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Williams %R

Williams %R

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close34.30
Open33.49
Bid32.99 x 800
Ask33.00 x 1000
Day's Range32.94 - 33.54
52 Week Range22.47 - 58.83
Volume9,706,498
Avg. Volume25,618,624
Market Cap19.485B
Beta (5Y Monthly)1.25
PE Ratio (TTM)9.61
EPS (TTM)3.44
Earnings DateJul 23, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMar 03, 2020
1y Target Est41.29
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Near Fair Value
5% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Southwest Airlines Co. (LUV): Are Hedge Funds Right About This Stock?
    Insider Monkey

    Southwest Airlines Co. (LUV): Are Hedge Funds Right About This Stock?

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

  • Delta, Southwest Lay Groundwork to Take Federal Loans If Needed
    Bloomberg

    Delta, Southwest Lay Groundwork to Take Federal Loans If Needed

    (Bloomberg) -- Delta Air Lines Inc. and United Airlines Holdings Inc. are among major airlines that may tap a federal loan program as the industry copes with the coronavirus pandemic damages, the Treasury Department announced Tuesday.Southwest Airlines Co. and JetBlue Airways Corp. have also told the agency that they may need a share of the $25 billion pandemic relief loan program that Congress allotted for the industry. Last week, the Treasury Department said that American Airlines Group Inc., Frontier Airlines, Hawaiian Airlines, SkyWest, and Spirit Airlines also indicated that they may take the federal aid, with American confirming it would borrow the funds. An undisclosed amount is available to the airlines “if they so choose,” Treasury Secretary Steven Mnuchin said in a statement.The government’s loan program is designed as a backstop and the companies still have the option to look for private financing, or forgo the loan completely, according to the Treasury Department.The loans come with strings attached, including curbs on executive pay, a government stake and limits on payroll reduction.“These airlines are among the companies most heavily affected by the disruptions to social and economic activity caused by the pandemic,” Mnuchin said in the statement.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GuruFocus.com

    The Perfect 10 Portfolio Rides Again

    Over many decades, but not lately, stocks with low price-earnings ratio tend to be the best buys Continue reading...

  • Reuters

    EXPLAINER-How U.S. airlines are trying to stop COVID-19 on flights

    As some Americans prepare to travel for the July 4 holiday weekend, and airlines slowly ramp up service, the U.S. government has not changed rules for air travel during the pandemic, leaving airlines to implement their own measures. Not yet: people should still be sheltering in place if they can and avoid unnecessary travel, he said.

  • Will Coronavirus-Hit Airlines Regain Lost Ground in 2H20?
    Zacks

    Will Coronavirus-Hit Airlines Regain Lost Ground in 2H20?

    The recent recovery in air-travel demand bodes well for airline stocks. Low fuel costs are an added positive.

  • United Airlines triples flights amid coronavirus pandemic
    Yahoo Finance Video

    United Airlines triples flights amid coronavirus pandemic

    United Airlines will schedule nearly 25,000 domestic and international flights in August, tripling the total number of flights it flew in June, despite an increase in coronavirus infections nationwide. Yahoo Finance’s On The Move panel discusses.

  • Goldman Sachs: There’s an Opportunity Brewing in These 3 Stocks
    TipRanks

    Goldman Sachs: There’s an Opportunity Brewing in These 3 Stocks

    The COVID-19 pandemic has decimated the U.S. economy, yet the stock market is alive and well. Against the backdrop of a recession, the market actually had its strongest quarter in over 20 years, with the S&P 500 notching its largest quarterly gain since the last quarter of 1998, surging 20%. As for the NASDAQ, it climbed 31% higher during the quarter, marking its best quarterly performance since Q4 1999.While certainly volatile, the quarter saw investors take an optimistic approach due to reopening efforts and unprecedented stimulus packages. That being said, going forward into Q3, plenty of uncertainty is lingering over Wall Street. So, how are investors supposed to lock in on compelling plays? The Street’s pros can provide some much-needed inspiration, namely those from investment firm Goldman Sachs.Taking all of this into consideration, we used TipRanks’ database to learn more about three stocks backed by Goldman Sachs. As it turns out, the firm’s analysts projecting more than 30% upside potential for each. The rest of the Street is on the same page, with each ticker earning a “Strong Buy” consensus rating.Myovant Sciences (MYOV)Combining purpose-driven science, empowering medicines and transformative advocacy, Myovant Sciences wants to change the treatment landscape for both women and men. On the heels of its recent data readout, Goldman Sachs is even more optimistic about this healthcare name.Covering this stock for the firm, five-star analyst Paul Choi tells clients that a key component of his bullish thesis is its relugolix asset. MYOV recently published positive Phase 3 data from its SPIRIT 1 study evaluating a once-daily relugolix combination therapy in women with endometriosis. This data supported the data from the previously reported SPIRIT 2 study.Looking more closely at the results, 74.5% of patients saw a clinically meaningful reduction in dysmenorrhea compared to 26.9% of women in the placebo group, with the placebo-adjusted difference landing at 47.6%. Choi notes that Orilissa, the currently approved therapy for moderate to severe pain caused by endometriosis, demonstrated a 27%/21% (two trials) placebo-adjusted difference for its 150 mg once-daily therapy and a difference of 56%/50% for its 200 mg twice daily dose.However, Orilissa can cause hypoestrogenic symptoms including hot flashes and loss of bone mineral density. Choi pointed out, “To avoid this, physicians can co-prescribe progestin and/or estradiol (add-back therapy). However, physicians emphasized that the once-daily, fixed-dose pill containing relugolix and add-back therapy would more readily convince a physician to prescribe it instead as the dosing schedule of Orilissa can be confusing, even for the prescriber.” MYOV’s candidate produced significantly fewer hot flashes, making Choi even more confident.“In addition to the side effect profile and simple dosing schedule, physicians called out that many OBGYN offices were not equipped to handle the prior authorizations required for use. MYOV has focused efforts here to ensure that the proper tools are delivered to support prior auth requirements,” Choi added.As updated data from the Phase 3 open-label extension study (LIBERTY) evaluating relugolix combination therapy in women with uterine fibroids (UF) was also promising, the deal is sealed for Choi. To this end, the analyst maintained a Buy rating along with a $28 price target, suggesting 40% upside potential. (To watch Choi’s track record, click here)   Most other analysts also take a bullish approach. MYOV’s Strong Buy consensus rating breaks down into 3 Buys and only 1 Hold. Additionally, the $27.33 average price target puts the upside potential at 36%. (See MYOV stock analysis on TipRanks)Southwest Airlines (LUV)It’s no secret that COVID-19 has dealt the travel industry a swift blow. That being said, as passenger volumes have started to recover from the low point hit in April and market trends improve, Goldman Sachs is turning more bullish on Southwest Airlines.Representing the firm, analyst Catherine O’Brien doesn’t dispute the fact that since LUV was added to the Americas Sell List on February 19, shares have plummeted 40% compared to the S&P 500’s 8% loss.Singing a different tune now, O’Brien argues that given the airline industry’s focus on driving a rebound from the pandemic-induced lows, “Southwest’s primarily domestic network and industry leading balance sheet will drive a faster-than-industry recovery in profitability.”Specifically looking at the latter, the analyst commented, “Additionally, given that liquidity remains a concern for the industry, balance sheet strength is currently of even more importance than it typically is, in our view.”It should also be noted that LUV shares have historically experienced less turbulence than other players in the space. Therefore, while it boasts less upside potential than some of the firm’s other Buy-rated stocks, the level of upside here is enough to convince O’Brien to stand squarely in the bull camp.As a result, O’Brien just gave LUV a thumbs up, upgrading her rating from Sell to Buy. If that wasn’t enough, the price target also gets a lift, from $35 to $47. Should the target be met, a twelve-month gain of 37% could be in store. (To watch O’Brien’s track record, click here)  In general, other analysts also like what they’re seeing. 11 Buys and 3 Holds add up to a Strong Buy consensus rating. Based on the $42.25 average price target, the upside potential comes in at 23%. (See LUV stock analysis on TipRanks)ServiceNow (NOW)As for Goldman Sachs’ third pick, ServiceNow offers software that delivers digital workflows designed to improve productivity. Given the strength of its technology, the firm sees big things in store for the tech company.After looking at the space as a whole, four-star analyst Christopher Merwin goes so far as to deem NOW a best idea. Expounding on this, he wrote, “We believe the resiliency of the sector throughout COVID underscores the criticality of many software categories as businesses adjust for more distributed workforces and therefore require modernized cloud systems. With sector multiples at all-time highs, we favor stocks where we see compelling relative value.”According to Merwin, NOW is set to be a “key beneficiary of digital transformations as enterprise customers increasingly focus on leveraging a select few strategic platforms that can deliver could-based solutions with ease, agility, and integrations.” Citing its product development, the analyst believes its approach is “best-in-class", with the company continuing to expand into new areas like financial operations management and DevOps.“We believe this rich product roadmap, and ongoing momentum for ITSM, ITOM, HR, and CSM, will all help to sustain 28%-plus subscription revenue growth through FY22E,” Merwin commented. Going forward, its efforts to re-invest in new products in order to increase the addressable market and runway for growth should help NOW reach its long-term revenue target of $10 billion, in the analyst’s opinion.Merwin added, “As software valuations continue to move higher across the space, we believe NOW stands out as an attractively valued stock - particularly on a growth-adjusted FCF, trading at 45.5x our CY21E FCF, relative to FCF growth expectations of 35%.”It should come as no surprise, then, that Merwin stayed with the bulls. In addition to keeping a Buy rating on the stock, the analyst gave the price target a boost, from $403 to $538, which brings the upside potential to 33%. (To watch Merwin’s track record, click here) Do other analysts agree with Merwin? As it turns out, most do. With 19 Buys and 4 Holds assigned in the last three months, the word on the Street is that NOW is a Strong Buy. However, at $396.32, the average price target does indicate 3% downside potential. (See ServiceNow stock-price forecast on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

  • Barrons.com

    U.S. Airlines Are Trying to Recover. The Surge in Coronavirus Cases Could Get in the Way.

    Airlines are ramping up their flight schedules to try to keep the momentum in air travel going through the summer.

  • ‘We're seeing reservations start to come back, particularly in air’: AAA Northeast
    Yahoo Finance Video

    ‘We're seeing reservations start to come back, particularly in air’: AAA Northeast

    AAA Northeast’s Robert Sinclair joins The First trade to discuss the difficulties surrounding the summer travel businesses and what these businesses have done to adapt.

  • Southwest Invites Travelers To 'Summer How You Wanna' With Assurances Of Comfort, Cleanliness, And Distance; Inspiration To Explore; Low Fares And Rewards For Booking Flights And Hotels
    PR Newswire

    Southwest Invites Travelers To 'Summer How You Wanna' With Assurances Of Comfort, Cleanliness, And Distance; Inspiration To Explore; Low Fares And Rewards For Booking Flights And Hotels

    Southwest Airlines Co. (NYSE: LUV) issued a new invitation to returning travelers by launching a three-day sale that offers Customers an opportunity to "Summer How You Wanna" when they're ready to travel. Customers may take advantage of fares starting as low as $49 nationwide one-way to select domestic destinations, today through July 2, 2020, 11:59 p.m., Central Daylight Time. Southwest Airlines® is also offering Rapid Rewards® Members a chance to earn 5X points when booking hotels and double the points when purchasing flights.

  • Reuters

    U.S. top medical experts rebuke American Airlines for filling planes

    Top U.S. health experts on Tuesday criticized American Airlines and other carriers for filling planes to capacity, saying it sends the wrong message as the country grapples with a rise in coronavirus outbreaks. American Airlines said on Friday it will no longer restrict the number of seats sold on flights beginning on Wednesday. United Airlines is also selling planes to capacity though both notify passengers of full flights and allow them to re-book.

  • Better Buy: Southwest Airlines vs. Delta Air Lines
    Motley Fool

    Better Buy: Southwest Airlines vs. Delta Air Lines

    The airline business has been devastated by the COVID-19 pandemic, which caused travel demand to fall to near zero in March and April and has forced airlines to lever up to avoid bankruptcies. Delta is currently burning through about $30 million in cash per day, but that's down from $100 million at the height of the crisis.

  • ‘We're still at the front end of what's likely to be a multi-year phenomenon’: L3Harris CEO
    Yahoo Finance Video

    ‘We're still at the front end of what's likely to be a multi-year phenomenon’: L3Harris CEO

    Bill Brown, L3Harris CEO, joins The First Trade to discuss his company’s $1 billion contract with the U.S. government and the commercial airline industry as national debt continues to rise.

  • Barrons.com

    Air Travel Is Returning to the U.S. That’s Great News for Southwest Airlines Stock.

    (LUV) shares are soaring 7.5% after a double upgrade from (GS) amid hopes that testing could help travelers feel safer at airports even as record numbers of new coronavirus infections limit travel. Analyst Catherine O’Brien boosted her rating on Southwest (LUV) to Buy from Sell.

  • TheStreet.com

    Southwest Airlines Flying High on Goldman Upgrade

    Southwest is in a good position to recover faster from the coronavirus pandemic, a Goldman Sachs analyst says.

  • 'UV systems are seeing an uptick' as airlines aim for passengers to return: Expert
    Yahoo Finance Video

    'UV systems are seeing an uptick' as airlines aim for passengers to return: Expert

    As people look to return to travel, the disinfection of airplane cabins are a top concern. Karl G. Linden, Ph.D., BCEEM Professor of Environmental Engineering, University of Colorado at Boulder joins Yahoo Finance's The First Trade to discuss what airlines are currently doing to ensure safety.

  • '630K people are traveling on peak days, we're ahead of where I thought we'd be': Airlines analyst
    Yahoo Finance Video

    '630K people are traveling on peak days, we're ahead of where I thought we'd be': Airlines analyst

    On Monday, major U.S. airlines including American, Delta, JetBlue, Southwest and United, agreed to new health protocols that all passengers must follow. Helane Becker, Senior Research Analyst at Cowen Securities, joins Yahoo Finance's The First Trade to discuss the future outlook for airlines after they took a major hit from COVID-19.

  • GuruFocus.com

    Biogen and Southwest Are on the Casualty List

    In a climate of rampant uncertainty, what should an investor do? Continue reading...

  • MarketWatch

    Southwest Airlines stock rallies after Goldman Sachs swings to bullish from bearish

    Shares of Southwest Airlines Co. rallied 1.5% in morning trading Monday, after Goldman Sachs analyst Catherine O'Brien swung to bullish from bearish on the air carrier, citing an improving outlook for the long-term demand for air travel. O'Brien raised her rating on Southwest to buy from sell, and boosted her stock price target to $47, which is 45% above Friday's stock closing price, from $35. She said that while current traffic trends are below her previous forecasts, she believes Southwest's mostly domestic network and relatively strong balance sheet will drive a "faster recovery post-COVID-19" in profitability relative to the airline industry over the longer term. O'Brien said her previous bearish view was based on Southwest's need to invest in technology over several years, which was expected to put pressure on margins. Southwest's stock has been underperforming its peers and the broader stock market of late, as it has lost 10.3% over the past three months through Friday, while the U.S. Global Jets ETF has gained 2.5% and the S&P 500 has advanced 18.2%.

  • Barrons.com

    Is It Safe to Fly Now? What You Need to Know as Airlines Ramp Up Flights.

    Airlines are rebuilding their summer schedules and carriers such as (LUV) have launched fare sales to lure travelers back to the skies. The industry is trying to convince travelers that flying is no riskier than other modes of transportation. Airlines are scrubbing and disinfecting planes and trying to keep everyone safe in both airports and on flights by maintaining more physical distance.