Buy, Sell or Hold: Southwest Airlines (LUV-N) — Stock Predictions at Stockchase

NYSE:LUV

36.73

0.61 (1.69%) 1d

Showing 1 to 15 of 29 entries

WAIT

It used to be best of breed, but it suffered operational issues last year (the pilots union nearly mutinied). The CEO has stepped down, but he will wait till they report Thursday.

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BUY

options There's been an acceleration in options action in airlines here, driven by fuel costs. He likes the CEO of Southwest. The market bought 17,000 of the May 15 calls. He gets a little extra time, a month, when it's usually 1-2 weeks long, so he likes this. A tailwind: people are getting more comfortable flying, and when people don't need to wear masks when flying we will see a nice move up in airline stocks.

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PAST TOP PICK

(A Top Pick Oct 28/21, Down 10.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LUV has triggered its stop at $42. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities. When combined with the previous buy recommendation, this results in a net investment loss of 15%.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate LUV as a TOP PICK. Recently reported earnings showed improvements fast than analysts expected. With forward EPS expected at over $2.50 per share, the company is expected to be valued at under 19x earnings. We also like that it has continued to build cash reserves, while paying down debt. We continue to recommend a stop at $42, looking to achieve $64 -- upside potential over 33%. Yield 0% (Analysts’ price target is $63.62)

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COMMENT

It reports Tuesday. Easing travel restrictions will help. LUV is okay, but United has more international flights.

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BUY

It's the best-run American Airlines with the best routes. It's been beaten up, so pick up shares. FDA full approval of Pfizer's Covid vaccine will help.

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BUY

Reopening stocks have come off as the Delta variant increase Covid cases. As cases peak, caller expects another run-up, so is it too early start a position in LUV? No, it isn't. Buy this. The CEO is doing a great job. The stock is selling over fears of no travellers, but the TSA travel numbers disprove this--people are travelling.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly LUV recently reported EPS of $0.57, after receiving $348 million in payroll support. Management noted June was a turning point in demand. Analysts expect next year's annual EPS to exceed $3.25, putting the stock at 16x forward earnings currently. We would buy this with a stop loss at $42, looking to achieve $70 -- upside potential over 33%. Yield 0% (Analysts’ price target is $69.98)

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BUY

Any runway left? It's at $61, and he says it'll go to $75. He recommended this in January at the start of the reopening and still recommends it.

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RISKY BUY

The airline sector is acting well. Despite the great recovery off the bottom, it doesn't reflect damage done to balance sheets. Will take time to work through. Giant wave of discretionary spending on travel once we come out of the pandemic. Short-term, the setup is good, ready for another leg higher. Other groups have a better setup. Be careful.

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BUY

Several airlines qualify for the reopening play, but LUV boasts a CEO is smart to nail down new routes now. American Airlines is great, too, but not its balance sheet. LUV also benefits from the oil patch getting better.

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COMMENT

He just interviewed the CEO who did not sound bullish at all. Don't buy this above $32.

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COMMENT

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DON'T BUY

He tends not to like the airlines. Too much risk with oil pricing and geopolitical risk. Dividend is not bad but growth has been flat in this name. They are moving into the longer range flights which is moving away from their shorter range flights that they were good at.

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DON'T BUY

He doesn't buy airlines and this has been sideways in past year and is currently below its 200-day moving average. Airlines face oil and geopolitical risks, and it's cyclical. LUV reports tomorrow.

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Showing 1 to 15 of 29 entries

Southwest Airlines(LUV-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Southwest Airlines is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Southwest Airlines(LUV-N) Frequently Asked Questions

What is Southwest Airlines stock symbol?

Southwest Airlines is a American stock, trading under the symbol LUV-N on the New York Stock Exchange (LUV). It is usually referred to as NYSE:LUV or LUV-N

Is Southwest Airlines a buy or a sell?

In the last year, 4 stock analysts published opinions about LUV-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Southwest Airlines.

Is Southwest Airlines a good investment or a top pick?

Southwest Airlines was recommended as a Top Pick by on . Read the latest stock experts ratings for Southwest Airlines.

Why is Southwest Airlines stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Southwest Airlines worth watching?

4 stock analysts on Stockchase covered Southwest Airlines In the last year. It is a trending stock that is worth watching.

What is Southwest Airlines stock price?

On 2022-07-01, Southwest Airlines (LUV-N) stock closed at a price of $36.73.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.