Southwest Airlines Co. (LUV Quick QuoteLUV - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $45.61 to $51.57 in the past one-month time frame.

The move came after the company reported better-than-expected fourth-quarter 2018 results.

The company has seen a mixed track record when it comes to estimate revisions of two increase and three decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Southwest Airlines currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive. 

Southwest Airlines Co. Price

Investors interested in the Transportation - Airline industry may consider Spirit Airlines, Inc. (SAVE Quick QuoteSAVE - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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