Why Buy Stock In Southwest Airlines Co. (LUV)?
Southwest Airlines Co. (NYSE:LUV) has a beta value of 1.25 and has seen 6.39 million shares traded in the last trading session. The company, currently valued at $33.74B, closed the last trade at $57.12 per share which meant it lost -$0.16 on the day or -0.28% during that session. The LUV stock price is -13.36% off its 52-week high price of $64.75 and 47.06% above the 52-week low of $30.24. If we look at the companys 10-day average daily trading volume, we find that it stood at 4.79 million shares traded. The 3-month trading volume is 5.99 million shares. The consensus among analysts is that Southwest Airlines Co. (LUV) is an Overweight stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 3 rate it as Overweight. 5 out of 23 have rated it as a Hold, with 15 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.37. Southwest Airlines Co. (NYSE:LUV) trade information  Sporting -0.28% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 06/15/21 when the LUV stock price touched $57.12 or saw a rise of 3.46%. Year-to-date, Southwest Airlines Co. shares have moved 22.55%, while the 5-day performance has seen it change -3.02%. Over the past 30 days, the shares of Southwest Airlines Co. (NYSE:LUV) have changed -8.31%. Short interest in the company has seen 15.89 million shares shorted with days to cover at 2.38. Wall Street analysts have a consensus price target for the stock at $69.84, which means that the shares value could jump 18.21% from current levels. The projected low price target is $64.00 while the price target rests at a high of $85.00. In that case, then, we find that the current price level is -48.81% off the targeted high while a plunge would see the stock gain -12.04% from current levels. Southwest Airlines Co. (LUV) estimates and forecasts  Figures show that Southwest Airlines Co. shares have outperformed across the wider relevant industry. The companys shares have gained 24.50% over the past 6 months, with this year growth rate of 78.78%, compared to 37.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 86.10% and 109.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 69.90%. 12 analysts offering their estimates for the company have set an average revenue estimate of $3.87 billion for the current quarter. 12 have an estimated revenue figure of $4.55 billion for the next quarter concluding in Sep 2021. Year-ago sales stood $1.01 billion and $1.79 billion respectively for this quarter and the next, and analysts expect sales will grow by 283.50% for the current quarter and 153.90% for the next. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.70% over the past 5 years. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  LUV Dividends  Southwest Airlines Co. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Southwest Airlines Co. (NYSE:LUV)s Major holders  Insiders own 0.31% of the company shares, while shares held by institutions stand at 77.85% with a share float percentage of 78.09%. Investors are also buoyed by the number of investors in a company, with Southwest Airlines Co. having a total of 1,294 institutions that hold shares in the company. The top two institutional holders are Primecap Management Company with over 65.21 million shares worth more than $3.04 billion. As of Dec 30, 2020, Primecap Management Company held 11.03% of shares outstanding. The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 51.59 million shares as of Dec 30, 2020. The firms total holdings are worth over $2.4 billion and represent 8.72% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard/Primecap Fund and Vanguard Total Stock Market Index Fund. As of Dec 30, 2020, the former fund manager holds about 5.57% shares in the company for having 32.96 million shares of worth $1.54 billion while later fund manager owns 16.69 million shares of worth $778.12 million as of Dec 30, 2020, which makes it owner of about 2.82% of companys outstanding stock.