News coverage about Southwest Airlines (NYSE:LUV) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Southwest Airlines earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave press coverage about the airline an impact score of 43.5590791203482 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Southwest Airlines Co. (LUV) estimated to achieve -2.90% EPS growth for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Investors Recap on Southwest Airlines Co. (LUV) with Unusual Volume – Wall Street Morning (wallstreetmorning.com)
- Southwest adding more nonstop service from Houston’s Hobby Airport – Houston Business Journal (bizjournals.com)
- Southwest Airlines Continues Hot Start To 2018 – Seeking Alpha (seekingalpha.com)
- United Airlines hopes there is money to be made with Priority Boarding (finance.yahoo.com)
Southwest Airlines (LUV) traded up $1.33 during trading on Friday, reaching $59.70. 4,019,233 shares of the company were exchanged, compared to its average volume of 4,860,000. Southwest Airlines has a fifty-two week low of $49.76 and a fifty-two week high of $66.99. The stock has a market cap of $35,100.00, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Wednesday, March 7th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Tuesday, March 6th. This represents a $0.50 dividend on an annualized basis and a yield of 0.84%. Southwest Airlines’s dividend payout ratio is 14.49%.
A number of research firms recently commented on LUV. Bank of America cut shares of Southwest Airlines from a “buy” rating to a “neutral” rating and set a $73.00 price target on the stock. in a report on Tuesday, January 9th. Vetr raised shares of Southwest Airlines from a “strong sell” rating to a “sell” rating and set a $60.23 price target on the stock in a report on Tuesday, December 26th. Atlantic Securities raised shares of Southwest Airlines from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $48.71 to $71.00 in a report on Thursday, December 14th. ValuEngine cut shares of Southwest Airlines from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Cowen reaffirmed a “buy” rating and issued a $67.00 price target on shares of Southwest Airlines in a report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Southwest Airlines has an average rating of “Buy” and an average target price of $67.83.
In other news, EVP Robert E. Jordan sold 32,931 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $64.38, for a total transaction of $2,120,097.78. Following the completion of the transaction, the executive vice president now directly owns 76,993 shares in the company, valued at approximately $4,956,809.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gregory D. Wells sold 8,323 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $58.88, for a total transaction of $490,058.24. Following the transaction, the executive vice president now owns 30,262 shares of the company’s stock, valued at $1,781,826.56. The disclosure for this sale can be found here. Insiders sold a total of 133,099 shares of company stock valued at $7,922,932 over the last quarter. 0.21% of the stock is owned by company insiders.
About Southwest Airlines
Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest’s EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest’s respective policies.
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