![]() ![]() Investors should also note that LUV has a PEG ratio of 0.41 right now. Its industry sports an average Forward P/E of 10.39, so we one might conclude that Southwest Airlines is trading at a premium comparatively. Valuation is also important, so investors should note that Southwest Airlines has a Forward P/E ratio of 12.84 right now. Southwest Airlines is holding a Zacks Rank of #3 (Hold) right now. ![]() Within the past 30 days, our consensus EPS projection has moved 0.19% lower. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These recent revisions tend to reflect the evolving nature of short-term business trends. It is also important to note the recent changes to analyst estimates for Southwest Airlines. These totals would mark changes of +125.86% and +12.25%, respectively, from last year. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.62 per share and revenue of $26.73 billion. Our most recent consensus estimate is calling for quarterly revenue of $6.97 billion, up 3.64% from the year-ago period. The company is expected to report EPS of $1, down 23.08% from the prior-year quarter. Wall Street will be looking for positivity from Southwest Airlines as it approaches its next earnings report date. This has outpaced the Transportation sector's gain of 4.25% and the S&P 500's gain of 6.22% in that time. Prior to today's trading, shares of the airline had gained 12.35% over the past month. ![]() Elsewhere, the Dow gained 1.26%, while the tech-heavy Nasdaq added 4.63%. The stock lagged the S&P 500's daily gain of 1.22%. Southwest Airlines ( LUV Quick Quote LUV - Free Report) closed at $33.97 in the latest trading session, marking a +1.19% move from the prior day. ![]()
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