Southwest Airlines Companys in-depth stock price analysis indicates that the stock price has rallied 16.26% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 50.84% . Looking at the past 52 week period, the stock price is up at 50.97% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Southwest Airlines Company has a positive value of 11.25 compared to overall market. Southwest Airlines Company (NYSE:LUV) has climbed 3.46% in the past week and advanced 6.96% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.63% and the outperformance has advanced to 5.05% for the last 4 weeks period.
Southwest Airlines Company (NYSE:LUV) : On Friday heightened volatility was witnessed in Southwest Airlines Company (NYSE:LUV) which led to swings in the share price. The stock opened for trading at $54.77 and hit $54.87 on the upside , eventually ending the session at $54.71, with a gain of 0.35% or 0.19 points. The heightened volatility saw the trading volume jump to 3,194,420 shares. The 52-week high of the share price is $54.87 and the company has a market cap of $33,661 million. The 52-week low of the share price is at $34.78 .
Southwest Airlines Co Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.69. The company had revenue of $5076.00 million for the quarter, compared to analysts expectations of $5030.23 million. The companys revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Imperial Capital on Jan 30, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $59 .Company shares were Reiterated by Cowen on Jan 27, 2017 to Outperform, Raises Price Target to $ 57 from a previous price target of $55 .Company shares were Reiterated by Imperial Capital on Jan 27, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $59 .Southwest Airlines Co was Downgraded by JP Morgan to Neutral on Jan 25, 2017. Company shares were Reiterated by Imperial Capital on Jan 12, 2017 to Outperform, Raises Price Target to $ 59 from a previous price target of $57 .
Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Tammy Romo (EVP & CFO) sold 9,655 shares at 51.79 per share price.On Dec 19, 2016, John T Montford (director) sold 510 shares at 50.93 per share price.On Dec 5, 2016, Jeff Lamb (EVP, Corporate Services) sold 14,534 shares at 48.10 per share price.
Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records.