Earnings Estimates Analysis: Southwest Airlines Co. (LUV)

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It dived, as 15 investors sold Spectra Energy Partners, LP shares while 64 reduced holdings. Pittenger & Anderson Inc. raised its stake in Southwest Airlines by 13.5% in the 2nd quarter. 463.31 million shares or 1.17% less from 468.79 million shares in 2017Q1 were reported. Looking at the stock's movement on the chart, Southwest Airlines Co. recorded a 52-week high of $64.39. Finally, Quadrant Capital Group LLC increased its stake in Southwest Airlines by 0.5% in the first quarter. Two Sigma Llc invested in 0.06% or 4,983 shares.

Southwest Airlines Co.is maintained at an average outperform rating by 19 stock analysts, and there are at least 2.11% of shares outstanding that are now legally short sold. 18,600 were reported by South Dakota Invest Council. More interesting news about Southwest Airlines Co (NYSE:LUV) were released by: Usatoday.com and their article: "Southwest Airlines paints Boeing 737 for animated Disney-Pixar movie" published on October 10, 2017 as well as Prnewswire.com's news article titled: "Southwest Airlines Reports September Traffic" with publication date: October 06, 2017. Greenbrier Prtnrs Cap Management Ltd Limited Liability Company holds 16.5% or 1.26M shares. With that said, researchers took a deep dive into the hotly debated question: is it too late to buy Southwest Airlines Co. Sii Investments Incorporated Wi reported 5,748 shares. (NASDAQ:ULBI). Dimensional Fund Advsr Lp holds 0% or 861,900 shares. Tarbox Family Office reported 16,014 shares stake.

Since January 1, 0001, it had 0 insider purchases, and 7 selling transactions for $4.10 million activity. Jordan Robert E had sold 15,273 shares worth $912,148.

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Southwest Airlines Co. has its outstanding Shares of 599.49 Million. Another trade for 8,322 shares valued at $492,238 was made by Romo Tammy on Tuesday, May 23. Moreover, Meeder Asset Mngmt has 0.35% invested in Southwest Airlines Co (NYSE:LUV) for 58,569 shares. 19,800 shares were sold by Lamb Jeff, worth $1.21 million.

Southwest Airlines Company (NYSE:LUV) had an increase of 58.55% in short interest. The target price by Stifel Nicolaus would suggest a potential upside of 37.29 % from the company's stock close price. Investors often need to do their own research in order to obtain as much knowledge as possible before diving in to the markets. On average, equities analysts expect that Southwest Airlines will post $3.64 earnings per share for the current year. Weyerhaeuser Co.is given 4 buy-equivalent recommendations, 0 sells and 6 holds. Therefore 83% are positive. The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close.

Analyst research firms are expressing bullish stance on Southwest Airlines Co. At the moment, the average analyst rating for LUV is Moderate Buy. The rating was maintained by Deutsche Bank with "Buy" on Friday, October 23.

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On September 15 the company was upgraded from "Overweight" to "Overweight" and a price target of $66.00 was set in a report from JP Morgan. Evercore upgraded the shares of LUV in report on Tuesday, July 26 to "Buy" rating. The firm earned "Neutral" rating on Friday, July 22 by Buckingham Research. As per Friday, January 27, the company rating was maintained by Cowen & Co. Wells Gregory D also sold $302,626 worth of Southwest Airlines Co (NYSE:LUV) on Friday, May 19. Jefferies downgraded MakeMyTrip Limited (NASDAQ:MMYT) on Thursday, August 10 to "Hold" rating. The stock of Southwest Airlines Co (NYSE:LUV) has "Overweight" rating given on Thursday, October 27 by JP Morgan. About 3.78 million shares traded.

Following trading activity for Southwest Airlines Co.(NYSE:LUV), we can see that the stock has moved onto today's list of most actives. It has outperformed by 20.93% the S&P500. Wisconsin-based Johnson Fincl Grp has invested 0.22% in Southwest Airlines Co (NYSE:LUV). Its up 58.55% from 7.16 million shares previously. LUV's profit will be $556.61 million for 15.50 P/E if the $0.93 EPS becomes a reality.

Southwest Airlines Co (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. Sigma Planning Corp who had been investing in Southwest Airls Co for a number of months, seems to be bullish on the $34.51B market cap company. The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. 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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