Southwest Airlines (NYSE:LUV) Now Included in Critics at Morgan Stanley

Equities research Analysts in Morgan Stanley supposed coverage on stocks of Southwest Airlines (NYSE:LUV) at an investigation report issued to investors and clients on Tuesday. The broker put an”overweight” rating and a $54.00 price target in the airline’s stockexchange. Morgan Stanley’s price intention would indicate a possible upside of 37.09% from the stock’s previous close.

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NYSE:LUVIs the subject Of lots of additional reports. Goldman Sachs Group updated shares of Southwest Airlines by the”sell” rating to a”buy” rating and upped their price target to your company from $35.00 to $47.00 at a research report on Sunday, June 28th. Zacks Investment Research downgraded stocks of Southwest Airlines out of the”hold” rating to a”sell” rating and establish a $33.00 target price for that business. At a research note on Wednesday, July 29th. Cowen reaffirmed a”buy” rating and place a $40.00 target price on shares of Southwest Airlines at a research note on Friday, May 29th. Wolfe Research downgraded shares of Southwest Airlines in an”outperform” rating to a”peer perform” rating at a research note on Monday, July 13th. Finally, Citigroup decreased their target price on shares of Southwest Airlines from $38.00 to $36.00 and put a”neutral” rating for its business in a research note on Monday, July 27th. 1 research analyst has graded the stock using a market evaluation, six have delegated a grip rating, fifteen contributed a buy rating plus you’ve got issued a strong credit rating to the stockexchange. The business currently has a mean rating of”Purchase” and also a consensus target price of 47.38.

Southwest Airlines stock opened $39.39 39.39 on Tuesday. The stock has a current market cap of about $23.24 23.24 billion, also a more P/E ratio of 98.48 and also a beta of 1.31. Southwest Airlines includes a fifty-two week low of $22.47 and also a fifty-two week of $58.83. The business’s half a moving average price is 34.64 and its particular 200-day moving average price is 35.12. The business includes a debt-to-equity ratio of 0.84, a speedy ratio of 1.65, and a current ratio of 1.70.

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Southwest Airlines (NYSE:LUV) last published its quarterly earnings results on Thursday, July 23rd. The airline declared ($2.67) earnings per share for the quarter, missing the consensus estimate of ($2.53) ($0.14). The company had earnings of $1.01 billion in the quarter, as opposed to the consensus estimate of about $867.19 million. Southwest Airlines had a poor return on equity of 4.11% and a net margin of 0.99 percent. The provider’s revenue for the quarter was 82.9percent when compared with the identical quarter this past year. Throughout precisely the same period in the former calendar year, the firm submitted $1.37 EPS. Sellside analysts predict that Southwest Airlines will bill -6.36 earnings per share for that present calendar year. You can also check other stocks like NYSE: ORCL before stock trading.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.