Eye Catching Active Stocks: Southwest Airlines Co. (NYSE:LUV), SunPower Corporation (NASDAQ:SPWR)

Southwest Airlines Co. (NYSE:LUV) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 4.55% to close at $49.85 with the total traded volume of 7.55 Million shares. Southwest Airlines Co. (LUV) revealed that a jump in a key airline metric for November, as traffic growth outpaced an increase in capacity. Load factor increased 1.8 percentage points to 85.1% from 83.3% a year ago, as traffic grew 7.2% to 10.4 billion income passenger miles and capacity rose 4.9% to 12.3 billion accessible seat miles. The air carrier now expects fourth-quarter income per accessible seat mile to decline in the 4.0% to 5.0% range. The firm has institutional ownership of 76.50%, while insider ownership included 0.20%. Its price to sales ratio ended at 1.52. LUV attains analyst recommendation of 1.90 with week performance of 7.18%.

SunPower Corporation (NASDAQ:SPWR) [Trend Analysis] climbed reacts as active mover, shares a gain 14.22% to traded at $7.95 and the percentage gap between open changing to regular change was 2.16%. SunPower Corp. (SPWR) declared that a broad restructuring program to position the company for long term, sustainable growth. This includes a workforce reduction of about 25 percent or 2,500 employees.As part of the restructuring, SunPower will rationalize capacity to balance production with near-term profitable demand through the closure of its 700-megawatt or MW nameplate capacity Fab 2 facility.

The company will also reduce 2017 annual operating expenses to less than $350 million and substantially decrease 2016 inventory to improve working capital as well as de-lever its balance sheet.Further, SunPower will reduce annual 2017 capital expenditure by more than 50 percent to about $100 million. The firm’s current ratio calculated as 1.60 for the most recent quarter. The firm past twelve months price to sales ratio was 0.57 and price to cash ratio remained 2.81. As far as the returns are concern, the return on equity was recorded as -24.00% and return on investment was -8.50% while its return on asset stayed at -6.50%. The firm has total debt to equity ratio measured as 1.80.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

Leave a Reply

Your email address will not be published. Required fields are marked *