Southwest Airlines Company which can be found using ticker (LUV) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 64 and 32 and has a mean target at $43.51. Now with the previous closing price of $32.45 this indicates there is a potential upside of 34.1%. The day 50 moving average is $32.63 and the 200 day moving average is $35.63. The company has a market cap of $19,242m. Company Website: https://www.southwest.com
The potential market cap would be $25,801m based on the market consensus.
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers’ travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest’s EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
The company has a dividend yield of 2.22% with the ex dividend date set at 7-3-2023 (DMY).
Other points of data to note are a P/E ratio of 37.18, revenue per share of 40.16 and a 1.91% return on assets.
