Southwest Airlines Company with ticker code (LUV) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 64 and 32 calculating the mean target price we have $42.08. Given that the stocks previous close was at $29.96 this indicates there is a potential upside of 40.5%. It’s also worth noting that there is a 50 day moving average of $31.80 and the 200 day MA is $35.29. The market cap for the company is $18,322m. Find out more information at: https://www.southwest.com
The potential market cap would be $25,734m 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 2.4% with the ex dividend date set at 7-3-2023 (DMY).
Other points of data to note are a P/E ratio of 29.32, revenue per share of 41.83 and a 1.66% return on assets.
