SkyWest(SKYW)

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SkyWest (SKYW) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-04-07 23:05
In the latest trading session, SkyWest (SKYW) closed at $79.34, marking a -1.12% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.23%. At the same time, the Dow lost 0.91%, and the tech-heavy Nasdaq gained 0.1%.Shares of the regional airline witnessed a loss of 8.9% over the previous month, beating the performance of the Transportation sector with its loss of 24.11% and the S&P 500's loss of 12.13%.Analysts and investors alike will be keeping a close eye on the perf ...
Wall Street Analysts See SkyWest (SKYW) as a Buy: Should You Invest?
ZACKS· 2025-04-07 14:46
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?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) .SkyWest currently has an average brokerage recommendation (ABR) of 2.00, on a s ...
Why SkyWest (SKYW) is a Top Growth Stock for the Long-Term
ZACKS· 2025-04-03 14:50
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, aiding in stock selection with high potential for market outperformance [2] Zacks Style Scores Overview - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating better chances of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Concentrates on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward trends in price or earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes [5] VGM Score - Combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum [6] Zacks Rank Integration - The Zacks Rank uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks averaging a 25.41% annual return since 1988, outperforming the S&P 500 [7][8] Stock Selection Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering earnings estimate trends [9][10] Company Spotlight: SkyWest (SKYW) - SkyWest, a regional airline based in St. George, UT, holds a Zacks Rank of 2 (Buy) and a VGM Score of A, making it a strong candidate for growth investors [11] - The company is projected to achieve a 16% year-over-year earnings growth for the current fiscal year, with an upward revision in earnings estimates [12]
Here's Why Investors Should Bet on SkyWest Stock Right Now
ZACKS· 2025-04-03 14:40
Core Viewpoint - SkyWest (SKYW) is experiencing significant growth due to increased air travel demand and fleet expansion, leading to impressive share performance [1] Financial Performance - The Zacks Consensus Estimate for SKYW's earnings per share has been revised upward by 2.2% for the current year and for 2026, indicating broker confidence [2] - SKYW shares have risen 33.6% over the past year, outperforming the Zacks Transportation – Airline industry's growth of 41.1% [3] - SkyWest has a positive earnings surprise history, exceeding the Zacks Consensus Estimate in the last four quarters with an average surprise of 16.7% [4] Industry Position - The airline industry has a Zacks Industry Rank of 80 out of 245, placing it in the top 33%, which is crucial for stock performance [5] - The company consistently meets the demands of major airline partners, reinforcing its long-term success and strong revenue generation from flying agreements [6] Growth Strategy - SkyWest operates around 500 aircraft across more than 240 destinations, focusing on regional connectivity and expansion [7] - The company plans to operate 278 E175 aircraft by the end of 2026 and has acquired a 25% stake in Contour Airlines, highlighting its growth and efficiency focus [7] - A multi-year contract extension with American Airlines for 74 CRJ700s and the delivery of four new E175 aircraft under an agreement with United further solidifies its industry position [7]
SkyWest (SKYW) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-04-01 23:05
SkyWest (SKYW) ended the recent trading session at $88.09, demonstrating a +0.82% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.38%. Meanwhile, the Dow experienced a drop of 0.03%, and the technology-dominated Nasdaq saw an increase of 0.87%. The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 50, finds itself in the top 21% echelons of all 250+ industries. The Zacks Industry Ra ...
Here's Why SkyWest (SKYW) is a Strong Value Stock
ZACKS· 2025-03-31 14:42
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. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style ...
Does SKYW Stock's Lower Valuation Present a Smart Buying Opportunity?
ZACKS· 2025-03-27 20:00
Core Viewpoint - SkyWest, Inc. (SKYW) is considered highly attractive from a valuation perspective, trading at a forward price-to-sales (P/S) ratio of 0.98, which is significantly lower than industry levels [1]. Financial Performance - SkyWest's revenues from flying agreements, which account for 96.7% of total revenue, increased by 20.4% year-over-year in 2024. The airline also carried 9.7% more passengers and saw a 10.8% increase in departures year-over-year [5]. - The Zacks Consensus Estimate for earnings in the first and second quarters of 2025, as well as for the full year, has been revised upward, indicating expected growth of 38.6%, 22.5%, and 15.9% from 2024 figures [10]. - SkyWest has a strong earnings surprise history, outperforming the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 16.71%. This has contributed to a 35.1% increase in SKYW shares over the past year, outperforming the Zacks Airline industry [11]. Strategic Initiatives - SkyWest is modernizing its fleet to meet increasing travel demand, with agreements to deliver additional E175 aircraft from United Airlines and Alaska Airlines in 2025 and 2026, aiming to operate 278 E175 aircraft by the end of 2026 [6]. - The company has acquired a 25% stake in Contour Airlines and secured multi-year contracts with United Airlines and American Airlines for CRJ550s and CRJ700s, respectively [7]. Shareholder Value - SkyWest has been actively repurchasing shares, having bought back 47,000 shares for $4.9 million in the fourth quarter of 2024. As of December 31, 2024, the company had $48 million available under its share repurchase program, which is expected to enhance earnings per share and reflects management's confidence in the stock's intrinsic value [8]. Investment Recommendation - The combination of attractive valuation, increasing flying contracts, fleet modernization, and shareholder-friendly initiatives suggests that the positives surrounding SKYW stock outweigh concerns regarding operating expenses and debt. The company's Zacks Rank 1 (Strong Buy) further supports the recommendation to add SKYW stock to investment portfolios for healthy returns [15].
SkyWest (SKYW) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-03-13 22:55
Group 1: Stock Performance - SkyWest (SKYW) ended the latest trading session at $83.90, reflecting a +1.1% adjustment from the previous close, outperforming the S&P 500's daily loss of 0.91% [1] - The stock has experienced a significant decline of 25.11% over the past month, which is worse than the Transportation sector's loss of 9.3% and the S&P 500's loss of 7.38% [1] Group 2: Upcoming Earnings - SkyWest is expected to report an EPS of $2.01, indicating a growth of 38.62% compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $926.38 million, which represents an increase of 15.28% from the year-ago period [2] Group 3: Full-Year Estimates - The full-year Zacks Consensus Estimates for SkyWest are earnings of $9.01 per share and revenue of $3.82 billion, reflecting year-over-year changes of +15.96% and +8.21%, respectively [3] Group 4: Analyst Forecasts - Recent revisions to analyst forecasts for SkyWest are important as they indicate shifting business dynamics, with positive revisions suggesting analysts' confidence in the company's performance [4] Group 5: Zacks Rank and Valuation - SkyWest currently holds a Zacks Rank of 1 (Strong Buy), with a proven track record of outperformance, as 1 stocks have returned an average of +25% annually since 1988 [6] - The company is trading with a Forward P/E ratio of 9.22, which is a premium compared to the industry average Forward P/E of 8.56 [6] Group 6: PEG Ratio and Industry Ranking - SkyWest has a PEG ratio of 1.05, compared to the industry average PEG ratio of 0.66, indicating a higher expected earnings growth rate relative to its peers [7] - The Transportation - Airline industry, which includes SkyWest, has a Zacks Industry Rank of 41, placing it within the top 17% of over 250 industries [7]
Why SkyWest (SKYW) is a Top Value Stock for the Long-Term
ZACKS· 2025-03-13 14:46
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, aiding investors in selecting stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating better performance potential [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score assesses trends in stock price and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes [5] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth potential, and momentum [6] Zacks Rank Integration - The Zacks Rank uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] Stock Highlight: SkyWest (SKYW) - SkyWest is rated 1 (Strong Buy) on the Zacks Rank and has a VGM Score of A, with a forward P/E ratio of 9.22 indicating strong value [11] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate by $0.64 to $9.01 per share, with an average earnings surprise of 16.7% [12]
Is Trending Stock SkyWest, Inc. (SKYW) a Buy Now?
ZACKS· 2025-03-07 15:00
Core Viewpoint - SkyWest (SKYW) has experienced a significant decline of -23.3% in share price over the past month, contrasting with the S&P 500's -5.6% and the Zacks Transportation - Airline industry's -7.9% [1] Earnings Estimate Revisions - The consensus earnings estimate for SkyWest is $2.01 per share for the current quarter, reflecting a year-over-year increase of +38.6% [4] - The consensus estimate for the current fiscal year stands at $9.01, indicating a year-over-year change of +16%, which has remained unchanged over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $9.76, representing an increase of +8.4% from the previous year, also unchanged over the past month [5] Revenue Growth - The consensus sales estimate for SkyWest is $926.38 million for the current quarter, showing a year-over-year increase of +15.3% [8] - The revenue estimates for the current and next fiscal years are $3.82 billion and $3.99 billion, indicating changes of +8.2% and +4.5%, respectively [8] Last Reported Results and Surprise History - In the last reported quarter, SkyWest generated revenues of $944.4 million, a year-over-year increase of +25.6%, with an EPS of $2.34 compared to $0.42 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of $903.97 million by +4.47%, and the EPS surprise was +32.2% [10] - SkyWest has consistently beaten consensus EPS and revenue estimates in the last four quarters [10] Valuation - SkyWest is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [12][13] Bottom Line - The Zacks Rank 1 (Strong Buy) for SkyWest suggests potential outperformance in the near term compared to the broader market [15]