Southwest Airlines (LUV) stock forecast for 2024. Forecast tables and graphs.







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Southwest Airlines (LUV) stock forecast for 2024

Updated: February 26, 2024 (06:58)

Sector: Industrials

The share price of Southwest Airlines Co. (LUV) now

What analysts predict: $30.87
52-week High/Low: $39.06 / $21.78

50/200 Day Moving Average: $30.43 / $29.97

This figure corresponds to the Average Price over the previous 50/200 days. For Southwest Airlines stocks, the 50-day moving average is the resistance level today.

For Southwest Airlines stocks, the 200-day moving average is the resistance level today.

Are you interested in Southwest Airlines Co. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Southwest Airlines stock price in 2024. How much will one Southwest Airlines share be worth in 2024? Is it worth taking profit / loss on LUV stock now or waiting? What are analysts' forecasts for Southwest Airlines stock?

We forecast Southwest Airlines stock performance using neural networks based on historical data on LUV stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Southwest Airlines Co. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Southwest Airlines analysts is $30.87. Today 200 Day Moving Average is the support level (29.97 $). 50 Day Moving Average is the resistance level (30.43 $).




Historical and forecast chart of Southwest Airlines Co. stock

The chart below shows the historical price of Southwest Airlines stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the LUV stock price can be found in the table below.


Sell or Buy Southwest Airlines (LUV) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the LUV stock market. Experts share their opinions on what to expect.

Southwest Airlines Co. Is an airline, one of the world’s largest low-cost carriers. Based in Dallas, Texas. As of February 2017, Southwest Airlines has 101 destinations in 41 states, mostly using only Boeing 737 aircraft. There are free pretzels or nuts on all flights on all flights, free soft drinks, on popular holidays such as New Years. Complimentary alcoholic drinks are also served and can be purchased at other times for a fee. The airline was ranked as one of the 10 safest in the world in 2012. It is currently included in the TOP-50 of the safest airlines (13th place).

Southwest is the largest point-to-point operator in the United States. Therefore, approximately 80% of their passengers are local, and 20% are transit. During the peak travel season, there are 3,900 departures per day, meaning an aircraft takes off every 22 seconds.

In 1966, Rollin King and Herbert Kelleher founded Southwest Airlines, in 1967 it was registered as the Air Southwest Company, this name remained with the company until 1971, when the airline began scheduled flights from Dallas and in the same year it adopted its current name. Expansion of flights began in 1975, to cities throughout Texas. In March 2016, access to the full version of the site was closed for Russian IP addresses, however, you can go to the mobile version.

Official site of the company

Southwest Airlines (LUV) Forecast for 2024

Month Target Pes. Opt. Vol., %
Mar 34.61 32.35 35.67 9.32 %
Apr 36.64 34.18 38.98 12.31 %
May 35.30 34.61 37.13 6.79 %
Jun 34.91 32.93 36.78 10.49 %
Jul 33.16 31.92 35.36 9.73 %
Aug 34.09 32.27 36.06 10.53 %
Sep 32.76 31.51 34.04 7.44 %
Oct 32.31 30.28 34.13 11.27 %
Nov 31.68 30.34 32.60 6.94 %
Dec 33.35 31.79 35.02 9.23 %

Southwest Airlines information and performance

Southwest Airlines Address

2702 LOVE FIELD DR, P O BOX 36611, DALLAS, TX, US

Market Capitalization: 20 155 343 000 $

Market capitalization of the Southwest Airlines Co. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of LUV shares in the company outstanding by the market price of one share.

EBITDA: 2 155 000 000 $

EBITDA of Southwest Airlines is earnings before interest, income tax and depreciation of assets.

PE Ratio: 44.45

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.501

Price/earnings to growth

DPS: 0.72

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0213

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.76

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.299
Quarterly Revenue Growth YOY: 0.105
Trailing PE: 44.45

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 17.33

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.685

Enterprise Value (EV) /Revenue

EV To EBITDA: 7.48

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 596665000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Southwest Airlines price target for 2024 by month


Target values for the price of one Southwest Airlines share for Mar 2024.

The weighted average target price per Southwest Airlines share in Mar 2024 is: 34.61.
In Mar, the Positive dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 9.320% volatility is expected.
Pessimistic target level: 32.35
Optimistic target level: 35.67

Target values for the price of one Southwest Airlines share for Apr 2024.

The weighted average target price per Southwest Airlines share in Apr 2024 is: 36.64.
In Apr, the Positive dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 12.305% volatility is expected.
Pessimistic target level: 34.18
Optimistic target level: 38.98

Target values for the price of one Southwest Airlines share for May 2024.

The weighted average target price per Southwest Airlines share in May 2024 is: 35.30.
In May, the Negative dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 6.788% volatility is expected.
Pessimistic target level: 34.61
Optimistic target level: 37.13

Target values for the price of one Southwest Airlines share for Jun 2024.

The weighted average target price per Southwest Airlines share in Jun 2024 is: 34.91.
In Jun, the Negative dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 10.488% volatility is expected.
Pessimistic target level: 32.93
Optimistic target level: 36.78

Target values for the price of one Southwest Airlines share for Jul 2024.

The weighted average target price per Southwest Airlines share in Jul 2024 is: 33.16.
In Jul, the Negative dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 9.725% volatility is expected.
Pessimistic target level: 31.92
Optimistic target level: 35.36

Target values for the price of one Southwest Airlines share for Aug 2024.

The weighted average target price per Southwest Airlines share in Aug 2024 is: 34.09.
In Aug, the Positive dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 10.527% volatility is expected.
Pessimistic target level: 32.27
Optimistic target level: 36.06

Target values for the price of one Southwest Airlines share for Sep 2024.

The weighted average target price per Southwest Airlines share in Sep 2024 is: 32.76.
In Sep, the Negative dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 7.444% volatility is expected.
Pessimistic target level: 31.51
Optimistic target level: 34.04

Target values for the price of one Southwest Airlines share for Oct 2024.

The weighted average target price per Southwest Airlines share in Oct 2024 is: 32.31.
In Oct, the Negative dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 11.268% volatility is expected.
Pessimistic target level: 30.28
Optimistic target level: 34.13

Target values for the price of one Southwest Airlines share for Nov 2024.

The weighted average target price per Southwest Airlines share in Nov 2024 is: 31.68.
In Nov, the Negative dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 6.939% volatility is expected.
Pessimistic target level: 30.34
Optimistic target level: 32.60

Target values for the price of one Southwest Airlines share for Dec 2024.

The weighted average target price per Southwest Airlines share in Dec 2024 is: 33.35.
In Dec, the Positive dynamics for Southwest Airlines Co. shares will prevail with possible monthly volatility of 9.227% volatility is expected.
Pessimistic target level: 31.79
Optimistic target level: 35.02



Southwest Airlines (LUV) stock dividend

Southwest Airlines last paid dividends on 03/05/2024. The next scheduled payment will be on 03/27/2024. The amount of dividends is $0.72 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.