The NASDAQ Composite has been ticking up to new all-time highs nearly every day. It can make it feel like the only way to make money is to chase some of these big names that have been printing money for investors. Some of those trades are getting really crowded though. You don't want to be the last one in when everyone else heads for the exits. The stock is currently a Zacks Rank #1 (Strong Buy). The reason for the favorable Zacks Rank is that analysts on Wall Street have been increasing their estimates for ...

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. As such, the Zacks rating upgrade for SkyWest is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to ...

Over the past 60 days, the stock has seen the Zacks Consensus Estimate for 2024 earnings being revised 0.2% upward. The Zacks Consensus Estimate for 2025 earnings has been revised 0.4% upward over the past 60 days. UAL currently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research | --- | --- | --- | --- | --- | --- | --- | |------------|-------------|-------|---------------------------------------------------------------|-------------------|------------------------|---------------------| ...

Finding the right transportation stocks to buy is more crucial than ever in today's interconnected global economy. That's because reliable transportation systems form the backbone of trade and mobility, making them indispensable to making money. However, despite its pertinence, the transportation space is up against multiple headwinds weighing down industry valuations. Some of these include production delays and labor shortages, making investors skeptical of the industry's prospects. Despite challenges, the ...

For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.83 per share and a revenue of $3.36 billion, signifying shifts of +787.01% and +14.58%, respectively, from the last year. Shares of the regional airline witnessed a gain of 11.25% over the previous month, beating the performance of the Transportation sector with its loss of 1.91% and the S&P 500's gain of 3.38%. It's also important for investors to be aware of any recent modifications to analyst estimates for SkyWest. These revis ...

Over the past month, shares of this regional airline have returned +11.3%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Transportation - Airline industry, which SkyWest falls in, has lost 4.8%. The key question now is: What could be the stock's future direction? Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present val ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...

The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 97, which puts it in the top 39% of all 250+ industries. SkyWest (SKYW) closed the most recent trading day at $79.44, moving -0.4% from the previous trading session. This change lagged the S&P 500's 0.16% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%. Shares of the regional airline have appreciated by 8 ...

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has SkyWest (SKYW) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that ...

Over the past month, shares of this regional airline have returned +3.1%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Transportation - Airline industry, which SkyWest falls in, has lost 2.7%. The key question now is: What could be the stock's future direction? Revisions to Earnings Estimates Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings ...