SkyWest (SKYW) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SkyWest in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SKYW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKYW, but not buy additional shares or sell existing shares.
View SKYW analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month target prices for SkyWest's stock. Their SKYW share price forecasts range from $15.00 to $55.00. On average, they expect the company's share price to reach $37.00 in the next year. This suggests that the stock has a possible downside of 10.3%.
View analysts price targets for SKYW or view top-rated stocks among Wall Street analysts.

SkyWest's stock was trading at $16.51 on January 1st, 2023. Since then, SKYW shares have increased by 149.8% and is now trading at $41.24.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our SKYW earnings forecast.

SkyWest, Inc. (NASDAQ:SKYW) posted its earnings results on Thursday, July, 27th. The transportation company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of ($0.46) by $0.81. The transportation company had revenue of $725.64 million for the quarter, compared to analyst estimates of $707.75 million. SkyWest had a positive trailing twelve-month return on equity of 1.82% and a negative net margin of 0.19%. The firm's revenue was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.07 earnings per share.

ETFs with the largest weight of SkyWest (NASDAQ:SKYW) stock in their portfolio include U.S. Global Jets ETF (JETS), Invesco S&P SmallCap 600 Pure Value ETF (RZV), SPDR S&P Transportation ETF (XTN), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Industrials ETF (PSCI), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and iShares US Small Cap Value Factor ETF (SVAL).

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."

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 $41.24.

SkyWest (NASDAQ:SKYW) has a market capitalization of $1.73 billion and generates $3.00 billion in revenue each year. The transportation company earns $72.95 million in net income (profit) each year or ($0.07) 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.