NASDAQ:SKYW

SkyWest (SKYW) Stock Price, News & Analysis

$76.64
+0.06 (+0.08%)
(As of 01:43 PM ET)
Today's Range
$76.55
$77.70
50-Day Range
$61.56
$76.99
52-Week Range
$25.79
$79.21
Volume
106,190 shs
Average Volume
469,497 shs
Market Capitalization
$3.09 billion
P/E Ratio
27.67
Dividend Yield
N/A
Price Target
$62.25

SkyWest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
18.8% Downside
$62.25 Price Target
Short Interest
Healthy
5.05% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.58
Upright™ Environmental Score
News Sentiment
0.25mentions of SkyWest in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$133,440 Sold Last Quarter
Proj. Earnings Growth
17.18%
From $6.81 to $7.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.45 out of 5 stars

Transportation Sector

50th out of 114 stocks

Air Transportation, Scheduled Industry

10th out of 17 stocks

SKYW stock logo

About SkyWest Stock (NASDAQ:SKYW)

SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest's airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest employs nearly 17,000 employees.

SKYW Stock Price History

SKYW Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
5/08/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
Current Symbol
NASDAQ:SKYW
CUSIP
83087910
Employees
13,121
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$62.25
High Stock Price Target
$70.00
Low Stock Price Target
$46.00
Potential Upside/Downside
-18.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$34.34 million
Pretax Margin
4.81%

Debt

Sales & Book Value

Annual Sales
$3.05 billion
Cash Flow
$10.36 per share
Book Value
$51.62 per share

Miscellaneous

Free Float
39,253,000
Market Cap
$3.08 billion
Optionable
Optionable
Beta
1.89

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SKYW Stock Analysis - Frequently Asked Questions

Should I buy or sell SkyWest stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SKYW shares.
View SKYW analyst ratings
or view top-rated stocks.

What is SkyWest's stock price target for 2024?

4 equities research analysts have issued 1 year price objectives for SkyWest's shares. Their SKYW share price targets range from $46.00 to $70.00. On average, they expect the company's share price to reach $62.25 in the next twelve months. This suggests that the stock has a possible downside of 18.8%.
View analysts price targets for SKYW
or view top-rated stocks among Wall Street analysts.

How have SKYW shares performed in 2024?

SkyWest's stock was trading at $52.20 at the beginning of 2024. Since then, SKYW shares have increased by 46.9% and is now trading at $76.69.
View the best growth stocks for 2024 here
.

Are investors shorting SkyWest?

SkyWest saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,130,000 shares, an increase of 22.4% from the March 15th total of 1,740,000 shares. Based on an average trading volume of 492,000 shares, the short-interest ratio is currently 4.3 days. Approximately 5.4% of the shares of the company are short sold.
View SkyWest's Short Interest
.

When is SkyWest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our SKYW earnings forecast
.

How were SkyWest's earnings last quarter?

SkyWest, Inc. (NASDAQ:SKYW) released its quarterly earnings results on Thursday, April, 25th. The transportation company reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.21. The transportation company had revenue of $804 million for the quarter, compared to analysts' expectations of $800.07 million. SkyWest had a trailing twelve-month return on equity of 5.45% and a net margin of 3.83%. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.45) EPS.

Is SkyWest a good dividend stock?

SkyWest (NASDAQ:SKYW) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 20.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SKYW will have a dividend payout ratio of 7.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SKYW.

What is Chip Childs' approval rating as SkyWest's CEO?

290 employees have rated SkyWest Chief Executive Officer Chip Childs on Glassdoor.com. Chip Childs has an approval rating of 87% among the company's employees.

What other stocks do shareholders of SkyWest own?
Who are SkyWest's major shareholders?

SkyWest's stock is owned by a variety of institutional and retail investors. Top institutional investors include U S Global Investors Inc. (1.44%), Principal Financial Group Inc. (0.53%), Empowered Funds LLC (0.44%), BNP Paribas Financial Markets (0.15%), Russell Investments Group Ltd. (0.15%) and Sei Investments Co. (0.14%). Insiders that own company stock include James L Welch, Jerry C Atkin, Robert J Simmons and Wade J Steel.
View institutional ownership trends
.

How do I buy shares of SkyWest?

Shares of SKYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SKYW) was last updated on 5/8/2024 by MarketBeat.com Staff

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