Earnings Analysis Of Southwest Airlines Co. (LUV)

Cornelia Mascio
Ottobre 13, 2017

The Basic Materials stock showed a change of 0.06% from opening and finally closed at $35.61 by scoring -1.30%. The results of the trading session contributed to over 3,536,057 shares changing hands. Amdocs Limited (NASDAQ:DOX) has risen 13.40% since October 12, 2016 and is uptrending. It has underperformed by 5.52% the S&P500.

Adage Capital Partners Gp Llc decreased Southwest Airls Co (LUV) stake by 7.65% reported in 2017Q2 SEC filing. Johnson Financial Group Inc. now owns 33,493 shares of the airline's stock valued at $1,669,000 after buying an additional 1,070 shares during the period. Enterprise Finance Services Corporation invested in 0.03% or 957 shares. The stock rose 0.53% or $0.31 reaching $58.86. It has outperformed by 20.93% the S&P500.

Following previous thoughts, shifting focus on performance of the Southwest Airlines Co. They expect $0.93 earnings per share, 0.00% or $0.00 from last year's $0.93 per share. The expected LUV's profit could reach $556.80 million giving the stock 15.81 P/E in the case that $0.93 earnings per share is reported. The airline reported $1.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.04. Altfest L J And owns 14,413 shares.

Since May 17, 2017, it had 0 buys, and 7 selling transactions for $4.10 million activity. Shares for $226,035 were sold by Shaw Mark R. Van de Ven Michael G had sold 15,273 shares worth $872,769 on Thursday, May 18. 5,249 shares were sold by Wells Gregory D, worth $302,626 on Friday, May 19. 15,273 shares valued at $912,148 were sold by Jordan Robert E on Tuesday, May 23. Another trade for 1,427 shares valued at $81,648 was sold by KELLY GARY C. Gam Hldgs Ag has invested 0.04% in Southwest Airlines Co (NYSE:LUV). This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Therefore 83% are positive. According to these analysts, the Low Revenue Estimate for Southwest Airlines Co.is 5.26 Billion and the High Revenue Estimate is 5.43 Billion. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, September 27. Cowen & Co has "Market Perform" rating and $30 target. The stock has "Buy" rating by Stifel Nicolaus on Monday, July 24. Cowen & Co maintained Southwest Airlines Co (NYSE:LUV) rating on Friday, July 28. BDO Wealth Advisors LLC purchased a new position in Southwest Airlines during the 2nd quarter valued at $102,000. On Thursday, August 17 the stock rating was maintained by Morgan Stanley with "Overweight". As per Friday, July 24, the company rating was maintained by Deutsche Bank.

Investors sentiment decreased to 0.83 in Q2 2017. Its down 0.34, from 1.61 in 2017Q1. It turned negative, as 48 investors sold LUV shares while 291 reduced holdings. 94 funds opened positions while 186 raised stakes. 484,644 shares or 32.99% less from 723,264 shares in 2017Q1 were reported. Soros Fund Ltd invested in 0.01% or 4,600 shares. Following the completion of the sale, the senior vice president now owns 7,784 shares in the company, valued at $460,267.92. Old Natl National Bank In accumulated 28,432 shares. Bb&T owns 29,473 shares for 0.03% of their portfolio. Blair William Communications Il, a Illinois-based fund reported 6,553 shares. For the next 5 years, Southwest Airlines Co.is expecting Growth of 11.15% per annum, whereas in the past 5 years the growth was 53.81% per annum. Nomura holds 0.1% or 640,960 shares in its portfolio. State Board Of Administration Of Florida Retirement holds 104,658 shares.

Macquarie Infrastructure Corporation owns and operates a group of businesses that provide services, such as bulk liquid terminalling and handling services. Glendon Cap Mngmt LP holds 1.58% or 99,229 shares in its portfolio. Its revenue totaled $3.45 million down -29.16% from the previous quarter. Wall Street is only getting more bearish on the stock, with 0 of analysts who cover CEMP having a buy-equivalent rating. Therefore 67% are positive. Patrick Industries had 4 analyst reports since March 31, 2016 according to SRatingsIntel. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an predictable return higher than the risk-free rate of interest. JP Morgan downgraded the shares of LUV in report on Wednesday, July 27 to "Neutral" rating. Argus Research upgraded the stock to "Buy" rating in Thursday, June 22 report. (NASDAQ:PATK) earned "Buy" rating by CL King on Wednesday, August 17. The rating was maintained by Barclays Capital with "Overweight" on Thursday, February 23. The stock returned 6.27% last month which was maintained at -22.03% this year. The firm has "Buy" rating by Oppenheimer given on Thursday, August 3. The company was maintained on Tuesday, April 12 by Credit Suisse.

Analysts await Amdocs Limited (NASDAQ:DOX) to report earnings on November, 14. (NYSE:LUV) was 80.20%. The net percent change held by Institutional Investors has seen a move of -0.03% in last quarter. DOX's profit will be $130.57M for 18.53 P/E if the $0.89 EPS becomes a reality.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE