SkyWest - SKYW Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" SKYW shares.
View SKYW analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1-year price objectives for SkyWest's shares. Their SKYW share price forecasts range from $15.00 to $25.00. On average, they expect the company's stock price to reach $20.75 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for SKYW or view top-rated stocks among Wall Street analysts.

SkyWest's stock was trading at $16.51 at the beginning of 2023. Since then, SKYW shares have increased by 11.4% and is now trading at $18.39.
View the best growth stocks for 2023 here.

SkyWest saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,170,000 shares, an increase of 26.2% from the February 13th total of 1,720,000 shares. Based on an average trading volume of 623,800 shares, the short-interest ratio is presently 3.5 days. Approximately 4.5% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our SKYW earnings forecast.

SkyWest, Inc. (NASDAQ:SKYW) issued its earnings results on Thursday, February, 2nd. The transportation company reported ($0.93) earnings per share for the quarter, missing the consensus estimate of $0.08 by $1.01. The transportation company had revenue of $681.30 million for the quarter, compared to analysts' expectations of $753.96 million. SkyWest had a trailing twelve-month return on equity of 5.12% and a net margin of 2.43%. The firm's revenue was down 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.09 EPS.

ETFs with the largest weight of SkyWest (NASDAQ:SKYW) stock in their portfolio include U.S. Global Jets ETF (JETS), SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap 600 Pure Value ETF (RZV), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Industrials ETF (PSCI), First Trust Small Cap Core AlphaDEX Fund (FYX), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and Defiance Hotel, Airline, and Cruise ETF (CRUZ).

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other SkyWest investors own include Hawkins (HWKN), Delta Air Lines (DAL), Southwest Airlines (LUV), United Airlines (UAL), Micron Technology (MU), CA (CA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Bank of America (BAC) and Johnson & Johnson (JNJ).

SkyWest trades on the NASDAQ under the ticker symbol "SKYW."

SkyWest's stock is owned by a number of institutional and retail investors. Top institutional shareholders include U S Global Investors Inc. (6.94%), Dimensional Fund Advisors LP (5.83%), Kopernik Global Investors LLC (5.00%), Geode Capital Management LLC (1.86%), JPMorgan Chase & Co. (1.40%) and Morgan Stanley (1.23%). Insiders that own company stock include Eric Woodward, Henry J Eyring, James L Welch, Jerry C Atkin, Robert J Simmons, Russell A Childs and Wade J Steel.
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Shares of SKYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SKYW stock can currently be purchased for approximately $18.39.

SkyWest (NASDAQ:SKYW) has a market capitalization of $927.59 million and generates $3.00 billion in revenue each year. The transportation company earns $72.95 million in net income (profit) each year or $1.45 on an earnings per share basis.

The company employs 13,582 workers across the globe.

SkyWest's mailing address is 444 South River Road, St. George UT, 84790. The official website for the company is inc.skywest.com. The transportation company can be reached via phone at 435-634-3000, via email at investor.relations@skywest.com, or via fax at 435-634-3105.