Professional
Added to YB: 2024-03-13
Pitch date: 2024-03-12
LUV [bullish]
Southwest Airlines Co.
+88.53%
current return
Author Info
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Company Info
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and internationally.
Market Cap
$26.7B
Pitch Price
$27.62
Price Target
40.00 (-23%)
Dividend
1.33%
EV/EBITDA
6.92
P/E
68.50
EV/Sales
1.05
Sector
Passenger Airlines
Category
value
Southwest Airlines Co.: Upgrading to BUY with a $40 target
LUV (Southwest Airlines Co.): ARGUS upgrades to BUY, $40 PT. Improved outlook with controlled capacity growth, ups 2024 EPS from $2.00 to $2.40, 2025 to $2.80. Reinstated dividend $0.72 for 2024, YTD stock +20%, underscoring higher Rev per Available Seat, load factors & margins. Debt 43% of total cap.
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