NASDAQ:SKYW

SkyWest (SKYW) Stock Price, News & Analysis

$73.98
+2.60 (+3.64%)
(As of 03:09 PM ET)
Today's Range
$70.27
$74.44
50-Day Range
$58.92
$71.38
52-Week Range
$23.37
$74.44
Volume
415,105 shs
Average Volume
472,822 shs
Market Capitalization
$2.99 billion
P/E Ratio
85.03
Dividend Yield
N/A
Price Target
$62.25

SkyWest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
15.6% Downside
$62.25 Price Target
Short Interest
Bearish
5.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.58
Upright™ Environmental Score
News Sentiment
0.22mentions of SkyWest in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$133,440 Sold Last Quarter
Proj. Earnings Growth
17.52%
From $6.45 to $7.58 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.

2.23 out of 5 stars

Transportation Sector

79th out of 110 stocks

Air Transportation, Scheduled Industry

13th 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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Company Calendar

Last Earnings
2/01/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/25/2024
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
-15.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$34.34 million
Pretax Margin
1.37%

Debt

Sales & Book Value

Annual Sales
$2.94 billion
Cash Flow
$10.82 per share
Book Value
$51.62 per share

Miscellaneous

Free Float
39,354,000
Market Cap
$2.96 billion
Optionable
Optionable
Beta
1.95

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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 targets for SkyWest's shares. 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 twelve months. This suggests that the stock has a possible downside of 15.6%.
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 the year. Since then, SKYW stock has increased by 41.2% and is now trading at $73.73.
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 trading volume, of 492,000 shares, the short-interest ratio is currently 4.3 days. Approximately 5.4% of the company's shares 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, April 25th 2024.
View our SKYW earnings forecast
.

How can I listen to SkyWest's earnings call?

SkyWest will be holding an earnings conference call on Thursday, April 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "8322450#".

How were SkyWest's earnings last quarter?

SkyWest, Inc. (NASDAQ:SKYW) posted its quarterly earnings results on Thursday, February, 1st. The transportation company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.31. The transportation company earned $751.80 million during the quarter, compared to analyst estimates of $758.41 million. SkyWest had a net margin of 1.17% and a trailing twelve-month return on equity of 1.59%. SkyWest's revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the business posted ($0.93) earnings per share.

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 retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%), Counterpoint Mutual Funds LLC (0.02%), Los Angeles Capital Management LLC (0.02%), Harbour Capital Advisors LLC (0.01%) and Allspring Global Investments Holdings LLC (0.01%). 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 4/23/2024 by MarketBeat.com Staff

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