News articles about Southwest Airlines (NYSE:LUV) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Southwest Airlines earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the airline an impact score of 46.2227047356511 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- A Southwest jet suffered an eerily similar engine failure in 2016 (LUV) (finance.yahoo.com)
- Engine inspections ordered after Southwest explosion (seekingalpha.com)
- Passenger killed in Southwest engine explosion was partially sucked out of plane’s broken window (LUV) (finance.yahoo.com)
- FAA orders engine inspections after fatal Southwest engine failure (finance.yahoo.com)
- Female pilots are still a rarity at commercial airlines in the U.S. (and around the world) (finance.yahoo.com)
Shares of NYSE:LUV traded down $1.15 on Thursday, hitting $54.67. 2,990,089 shares of the company traded hands, compared to its average volume of 5,124,714. Southwest Airlines has a 52 week low of $49.76 and a 52 week high of $66.99. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.70 and a quick ratio of 0.64. The company has a market capitalization of $31,908.10, a PE ratio of 15.61, a PEG ratio of 1.40 and a beta of 1.14.
Southwest Airlines (NYSE:LUV) last issued its quarterly earnings results on Thursday, January 25th. The airline reported $0.77 earnings per share for the quarter, beating 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 firm had revenue of $5.27 billion during the quarter, compared to the consensus estimate of $5.25 billion. During the same period last year, the company earned $0.75 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. sell-side analysts anticipate that Southwest Airlines will post 4.85 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Stockholders of record on Wednesday, March 7th were issued a dividend of $0.125 per share. The ex-dividend date was Tuesday, March 6th. This represents a $0.50 annualized dividend and a dividend yield of 0.91%. Southwest Airlines’s payout ratio is presently 14.29%.
A number of analysts recently commented on the company. Bank of America lowered Southwest Airlines from a “buy” rating to a “neutral” rating and set a $73.00 price target for the company. in a research note on Tuesday, January 9th. Zacks Investment Research lowered Southwest Airlines from a “hold” rating to a “sell” rating in a research note on Wednesday, April 11th. Vetr raised Southwest Airlines from a “strong sell” rating to a “sell” rating and set a $60.23 price target for the company in a research note on Tuesday, December 26th. Stephens reaffirmed a “buy” rating and issued a $75.00 price target on shares of Southwest Airlines in a research note on Thursday, March 29th. Finally, ValuEngine lowered Southwest Airlines from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and sixteen have issued a buy rating to the stock. Southwest Airlines has an average rating of “Buy” and an average target price of $70.40.
In other Southwest Airlines news, EVP Gregory D. Wells sold 8,323 shares of the firm’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 $1,781,826.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William H. Dr Cunningham bought 3,500 shares of the company’s stock in a transaction on Monday, February 12th. The stock was purchased at an average cost of $56.25 per share, for a total transaction of $196,875.00. Following the completion of the transaction, the director now directly owns 70,469 shares of the company’s stock, valued at approximately $3,963,881.25. The disclosure for this purchase can be found here. Insiders have sold 108,473 shares of company stock valued at $6,296,091 over the last 90 days. Corporate insiders own 0.23% of the company’s stock.
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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