SkyWest(SKYW)

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SkyWest (SKYW) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-06-11 22:56
With respect to valuation, SkyWest is currently being traded at a Forward P/E ratio of 11.14. Its industry sports an average Forward P/E of 8.94, so one might conclude that SkyWest is trading at a premium comparatively. The investment community will be closely monitoring the performance of SkyWest in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.70, marking a 385.71% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimat ...
Here's Why SkyWest (SKYW) is a Strong Momentum Stock
ZACKS· 2024-06-10 14:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth Score VGM Score It also includes access to the Zacks Style Scores. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, ...
SkyWest (SKYW) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-04 22:52
SkyWest (SKYW) closed at $78.63 in the latest trading session, marking a -0.98% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.15%. At the same time, the Dow added 0.36%, and the tech-heavy Nasdaq gained 0.17%. The regional airline's stock has climbed by 3.14% in the past month, exceeding the Transportation sector's loss of 2.15% and lagging the S&P 500's gain of 3.2%. The upcoming earnings release of SkyWest will be of great interest to investors. On that day, SkyWe ...
SkyWest (SKYW) Soars 6.4%: Is Further Upside Left in the Stock?
ZACKS· 2024-06-04 15:11
SkyWest (SKYW) shares ended the last trading session 6.4% higher at $79.41. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.9% loss over the past four weeks. SkyWest is the largest regional airline in The United States. The company is benefiting from upbeat in air-travel demand, favorable pricing and low operating expenses. Driven by these tailwinds, SKYW has performed well on a year-to-date basis gaining 52.1%. ...
SkyWest, Inc. (SKYW) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-06-04 14:16
For the current fiscal year, SkyWest is expected to post earnings of $6.81 per share on $3.36 billion in revenues. This represents a 784.42% change in EPS on a 14.58% change in revenues. For the next fiscal year, the company is expected to earn $7.98 per share on $3.7 billion in revenues. This represents a year-over-year change of 17.17% and 9.86%, respectively. Valuation Metrics SkyWest may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking ...
Here's Why You Should Invest in SkyWest (SKYW) Stock Now
ZACKS· 2024-06-04 13:46
SkyWest, Inc.'s (SKYW) fleet-upgrade efforts are commendable. The company's efforts to reward its shareholders through buybacks are praiseworthy, too. Owing to the tailwinds, SKYW shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it's time to do so. Impressive Earnings Surprise History: SKYW has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, with ...
Should Value Investors Buy SkyWest (SKYW) Stock?
ZACKS· 2024-06-03 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are und ...
Investors Heavily Search SkyWest, Inc. (SKYW): Here is What You Need to Know
ZACKS· 2024-05-30 14:00
SkyWest (SKYW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this regional airline have returned -1.1% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Transportation - Airline industry, to which SkyWest belongs, has lost 3.2% over this period. Now the key question is: Where could the stock be headed in the near term? Wh ...
How to Find the Best Top-Ranked Stocks to Buy in June
zacks.com· 2024-05-28 19:31
Nvidia surged again on Tuesday, as investors buy the AI chip powerhouse based on massive growth and mounting FOMO. The strong showing helped the Nasdaq touch fresh highs to start the week since the market was closed for Memorial Day. The bulls appear to be in firm control and many anticipate that the S&P 500 and the Nasdaq will keep marching slowly higher throughout the historically low-volume summer months. The current market backdrop likely means investors want to keep buying stocks this summer. Today we ...
Is SkyWest (SKYW) a Buy as Wall Street Analysts Look Optimistic?
zacks.com· 2024-05-28 14:36
Check price target & stock forecast for SkyWest here>>> Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about SkyWest (SKYW) . ...