LUV will continue to study around what is next, but believes it is well-positioned with the order book today. There is lots of optionality and flexibility between the MAX 7 and MAX 8. See the latest LUV stock price for Southwest Airlines stock price NYSE: LUV stock rating, related news, valuation, dividends and more to help you make your investing decisions. A prior restructuring of the order book has put LUV in a solid position, given the cost-efficient MAX order book. "LUV's network is well-suited for the Boeing 737, with significant growth opportunities around the fleet. LUV execs also pointed to a balance sheet advantage the company has over peers.Īnalyst Sheila Kahyaoglu broke down the impact of the new fleet due to arrive for LUV. (NYSE:LUV).However, I care a lot about its business and what management has to say. I do not own shares in Southwest Airlines Co. Progress on the labor front was also highlighted and cost headwinds are seen normalizing with fuel hedging as a multi-year effort. Angel Di Bilio/iStock Editorial via Getty Images. The airline is noted to have seen a strong response to its historical Fall sale, which creates a baseline for Q4. However, it’s important to remember that market analysts don’t hold a crystal ball. 2019 levels with load factors coming in at 85% to 87%. Southwest Airlines (NYSE:LUV) has plunged 40 in the last two months due to the outbreak of coronavirus.As a result, the stock is now trading near its 5-year lows. Although it’s currently trading at just 31.63 a share, the market analyst consensus for the stock price is 47.07, or nearly 50 higher than its present valuation. Revenue is expected to be up 12% to 15% vs. LUV management said at the summit that the revenue environment continues to be very positive, reiterating the momentum cited from the update last month and keeping the Q2 outlook unchanged. ( NYSE: LUV) was a standout at the Jefferies 2nd annual Airlines Summit, which took place a few weeks ahead of the Q2 earnings season and potential round of guidance updates.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |