Revenue Growth Analysis of Southwest Airlines Co. (NYSE:LUV)
- by Emilio Sims
- in Money
- — Jan 6, 2017
Other new Florida flights include nonstop service on Southwest between Fort Lauderdale and Orlando; daily nonstop service from Fort Lauderdale and Philadelphia; and weekend nonstop service between Pensacola and Denver.
Market capitalization is the total market value of all of a company's outstanding shares. The airline accounts for almost 18 percent of the Charleston market.
A number of Wall Street analysts recently commented on the stock.
Shares of Southwest Airlines Company (NYSE:LUV) traded down 1.42% on Thursday, hitting $50.57. "We are thrilled Southwest Airlines has once again delivered", Tommy Lewis, chair of the Nashville Air Service Coalition and senior vice president of Change Healthcare, said in the release. A spokesman for the company said Southwest will not take anything for granted in this competitive market. (ADR) (NYSE:HMY) inclined 1.70% to $2.39. Krilogy Financial LLC now owns 3,284 shares of the airline's stock valued at $129,000 after buying an additional 1,023 shares during the period.
06/24/2016 - Southwest Airlines Company had its "buy" rating reiterated by analysts at Deutsche Bank. As per Friday, November 18, the company rating was initiated by Citigroup. The airline reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.05.
12/19/2016 - Southwest Airlines Company had its "outperform" rating reiterated by analysts at Sanford C. Bernstein. Hedge funds and other institutional investors own 78.84% of the company's stock. Morgan Stanley reaffirmed a "hold" rating and issued a $43.00 price objective on shares of Southwest Airlines in a research report on Sunday, August 21st. After the day began at $77.52, the stock was seen hitting $80.23 as its intraday high price and $77.52 as its bottom price. The median one-year price target of 15 analysts covering the company is $57.00, which suggests the stock could still rise over 11 percent. Of them, 8 have a "buy", 0 suggested "sell", 5 said "hold" and 0 called "underperform" rating for the stock, according to Thomson Reuters data.
Southwest Airlines Co (Southwest) operates Southwest Airlines.
Southwest will cease operations in Akron-Canton at the end of our current flight schedule, on June 3, 2017. The Company serves approximately 100 destinations in over 40 states, such as the District of Columbia, the Commonwealth of Puerto Rico, and approximately seven near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, and Belize.
