The leading market experts have placed a mean price target of $48.73 on Southwest Airlines Company (NYSE:LUV) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.82 a share for the upcoming quarter and $3.81 for the current fiscal.
The technical analysis of Southwest Airlines Company Comm plainly substantiates that the 50-day moving average of Southwest Airlines Company Comm is $37.02, and stock is trading $1.74 points away or +4.71% from its 50-day moving average of $37.02. Further it is trading $-2.51 or -6.09% away its 200-day moving average of $41.27. Southwest Airlines Company (NYSE:LUV) 52-week high is $51.34 and the 52-week low is $33.96.
This explains if the stock moves $-12.58, it will post a 52-week high. In event of +14.13% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Southwest Airlines Company Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Southwest Airlines Company (NYSE:LUV) ratio came in at 10.28.
The stock last ended the trading session at $38.76 and registered a market cap of $24.04B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Southwest Airlines Company (NYSE:LUV) PEG ratio is at 0.73.
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