NASDAQ:SKYW

SkyWest (SKYW) Stock Price, News & Analysis

$76.58
-0.41 (-0.53%)
(As of 05/7/2024 ET)
Today's Range
$75.83
$77.56
50-Day Range
$61.56
$76.99
52-Week Range
$25.79
$79.21
Volume
253,901 shs
Average Volume
473,675 shs
Market Capitalization
$3.08 billion
P/E Ratio
27.65
Dividend Yield
N/A
Price Target
$62.25

SkyWest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
18.7% Downside
$62.25 Price Target
Short Interest
Healthy
5.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.58
Upright™ Environmental Score
News Sentiment
0.44mentions of SkyWest in the last 14 days
Based on 4 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.

3.07 out of 5 stars

Transportation Sector

61st out of 113 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

Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
The Top 3 Russell 2000 Stocks to Buy in April 2024
Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Q1 2024 SkyWest Inc Earnings Call
SkyWest: Q1 Earnings Snapshot
SkyWest, Inc. Announces First Quarter 2024 Profit
SkyWest earnings preview: what Wall Street is expecting
SkyWest, Inc. (SKYW)
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
5/07/2024
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
$2.94 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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Key Executives


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 year. 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 Wall Street research analysts have issued 1 year price objectives for SkyWest's stock. Their SKYW share price targets range from $46.00 to $70.00. On average, they predict the company's share price to reach $62.25 in the next year. This suggests that the stock has a possible downside of 18.7%.
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 stock has increased by 46.7% and is now trading at $76.58.
View the best growth stocks for 2024 here
.

Are investors shorting SkyWest?

SkyWest saw a increase in short interest during 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 daily volume of 492,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 5.4% of the shares of the company are sold short.
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) announced its earnings results on Thursday, April, 25th. The transportation company reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $0.21. The transportation company had revenue of $804 million for the quarter, compared to the consensus estimate of $800.07 million. SkyWest had a trailing twelve-month return on equity of 5.45% and a net margin of 3.83%. The business's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the firm posted ($0.45) EPS.

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 many different retail and institutional 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%), Sei Investments Co. (0.14%) and New York State Teachers Retirement System (0.13%). 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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