Is Southwest stock a good buy right now? (2024)

Is Southwest stock a good buy right now?

The average price target represents -10.92% Decrease from the current price of $33.78. Southwest Airlines's analyst rating consensus is a Hold.

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Is Southwest Airlines a good stock to buy right now?

Southwest Airlines Co Stock Forecast FAQ

Out of 11 analysts, 1 (9.09%) are recommending LUV as a Strong Buy, 2 (18.18%) are recommending LUV as a Buy, 7 (63.64%) are recommending LUV as a Hold, 1 (9.09%) are recommending LUV as a Sell, and 0 (0%) are recommending LUV as a Strong Sell.

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Will Southwest stock go back up?

The Southwest Airlines stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of LUV stock is predicted to rise by 1.04% tomorrow and lose -6.23% in the next 7 days.

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What is the highest Southwest Airlines stock has been?

The Southwest Airlines 52-week high stock price is 39.53, which is 16.4% above the current share price.

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Who is Southwest's biggest competitor?

Southwest Airlines's competitors and similar companies include JetBlue Airways, Alaska Air Group, United Airlines, Delta Air Lines, American Airlines and Air France-KLM. Southwest Airlines is a company that operates a passenger airline. JetBlue Airways is a point-to-point passenger airline.

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Which is the best US airline stock to buy?

9 Best Airline Stocks of March 2024
Company (ticker)1-Year Return
Delta Air Lines (DAL)20.6%
Allegiant Travel (ALGT)14.7%
United Airlines Holdings (UAL)8.9%
American Airlines Group (AAL)2.8%
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How many times has Southwest Airlines stock split?

Southwest Airlines stock (symbol: LUV) underwent a total of 11 stock splits.

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Is Southwest a buy sell or hold?

Southwest Airlines stock has received a consensus rating of hold. The average rating score is and is based on 25 buy ratings, 31 hold ratings, and 3 sell ratings. What was the 52-week low for Southwest Airlines stock? The low in the last 52 weeks of Southwest Airlines stock was 21.91.

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Should I hold or sell LUV?

The average price target represents -10.92% Decrease from the current price of $33.78. Southwest Airlines's analyst rating consensus is a Hold. This is based on the ratings of 11 Wall Streets Analysts.

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What is the future outlook for Southwest Airlines?

Future Growth

Southwest Airlines is forecast to grow earnings and revenue by 24.5% and 6% per annum respectively. EPS is expected to grow by 28.7% per annum. Return on equity is forecast to be 15.1% in 3 years.

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Who owns the most shares of Southwest Airlines?

Largest shareholders include Vanguard Group Inc, Capital World Investors, Primecap Management Co/ca/, State Street Corp, BlackRock Inc., VPMCX - Vanguard PRIMECAP Fund Investor Shares, Price T Rowe Associates Inc /md/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, ABALX - AMERICAN BALANCED FUND Class ...

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Is Southwest overvalued?

The GF Value Line represents the fair value that the stock should ideally be traded at. Southwest Airlines Co's stock appears to be significantly undervalued based on the GF Value. The current price of $29.69 per share and a market cap of $17.70 billion suggest that the stock is trading below its intrinsic value.

Is Southwest stock a good buy right now? (2024)
Why is Southwest the most profitable airline?

Southwest Airlines' business model is based on extremely efficient operations, low-cost pricing, and innovative logistics solutions. Furthermore, their strategy also includes a deep focus on customer experience and looking ahead. Finally, none of this would be possible without a motivated team of employees.

Who did Southwest merger with?

2011: Southwest and AirTran

The deal would combine the second (Southwest) and seventh (AirTran) largest U.S. airlines by seats, according to BTS data.

What are Southwest's weaknesses?

Southwest's Weaknesses (Internal Factors)

The following weaknesses are among the most notable in the commercial aviation company: Limited presence in the international commercial aviation market. Thin profit margins linked to cost leadership.

Where does Southwest rank?

Related Video. Southwest Airlines, whose 2022 holiday season meltdown loomed over the carrier most of last year, was ranked fifth among North American carriers in 2023, an improvement over its sixth place ranking the previous year.

What are the best stocks to invest in 2024?

2024's 10 Best-Performing Stocks
Stock2024 performance through Feb. 29
Nature Wood Group Ltd. (NWGL)140.9%
Sana Biotechnology Inc. (SANA)146.1%
Super Micro Computer Inc. (SMCI)204.7%
Vera Therapeutics Inc. (VERA)206.1%
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Will airline stocks recover in 2024?

Delta Air Lines (DAL), United Airlines (UAL), and American Airlines (AAL) are moving higher in 2024, all three seeing year-to-date gains.

Which US airline is most profitable?

By financial performance

Delta Air Lines ranks first by revenue, total assets, market capitalization, and brand value.

Did Southwest Airlines ever pay a dividend?

Dividend & Stock Split History

Southwest's Board of Directors declared the Company's first dividend on August 10, 1976. The record date was October 8, 1976 and the distribution date was October 22, 1976. For dividend information prior to 2001, please refer to the Company Reports.

Is Southwest a dividend stock?

Yes, LUV has paid a dividend within the past 12 months. How much is Southwest Airlines's dividend? LUV pays a dividend of $0.18 per share. LUV's annual dividend yield is 2.1%.

How often does Southwest Airlines pay dividends?

Southwest Airlines Co. ( LUV ) pays dividends on a quarterly basis.

What is Southwest's share price as of today?

$ 33.90
CloseChgChg %
$33.96-0.31-0.90%

Is it better to hold a stock or buy sell?

If it turns out that the company isn't performing as planned, you might want to consider selling the stock before the financial situation gets worse. A buy and hold strategy only works if your research is correct and the company continues to execute its business plan and generate earnings.

Is it better to buy and sell or hold?

A new study provides fresh evidence of why it makes sense to strive for an absolutely middling return. And the study implies that a simple, unspectacular strategy — buying and holding the entire market through low-cost index funds — is probably the best bet for most people.

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