In the latest market close, SkyWest (SKYW) reached $116.06, with a +1.1% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.61%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.28%.Prior to today's trading, shares of the regional airline had gained 11.1% over the past month. This has outpaced the Transportation sector's gain of 4.09% and the S&P 500's gain of 2.08% in that time.Investors will be eagerly watching for the perfo ...

The most recent trading session ended with SkyWest (SKYW) standing at $109.05, reflecting a -0.77% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.21%. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.89%.Coming into today, shares of the regional airline had gained 10.56% in the past month. In that same time, the Transportation sector lost 1.8%, while the S&P 500 lost 1.56%.Investors will be eagerly watching for the perf ...

SkyWest (SKYW) shares have performed exceedingly well on the bourse in 2024. Shares of this St. George, UT-based carrier have skyrocketed 91.8% year over year, outperforming its industry’s 31.1% growth.Image Source: Zacks Investment ResearchGiven the impressive price performance, let's take a deeper dive to identify the factors driving growth at this regional carrier, which currently flaunts a Zacks Rank #1 (Strong Buy), and assess whether there is potential for continued gains.SkyWest is benefiting from in ...

SkyWest (SKYW) benefits from an uptick in air travel demand (particularly on the leisure front). The upsurge in passenger volumes and fleet-modernization efforts make the SKYW stock an attractive investment opportunity currently.Let us delve deep to unearth the factors working in favor of this Zacks Rank #1 (Strong Buy) stock. You can see the complete list of today’s Zacks #1 Rank stocks here. SKYW’s Growth Projections & Surprise History: The Zacks Consensus Estimate for the current and the next-year earnin ...

SkyWest (SKYW) ended the recent trading session at $101.80, demonstrating a -0.57% swing from the preceding day's closing price. This change lagged the S&P 500's 1.09% gain on the day. Elsewhere, the Dow saw an upswing of 1.18%, while the tech-heavy Nasdaq appreciated by 1.03%.Prior to today's trading, shares of the regional airline had lost 6.55% over the past month. This has lagged the Transportation sector's loss of 5.95% and the S&P 500's loss of 0.71% in that time.Analysts and investors alike will be k ...

A downtrend has been apparent in SkyWest (SKYW) lately. While the stock has lost 7.9% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the ...

Transportation Sector Overview - The Zacks Transportation sector includes airlines, railroads, package delivery companies, and truckers, showcasing its diversified nature [2] - Most sector participants have performed well in 2024 due to multiple tailwinds, with expectations of continued strong performance in 2025 [3] Key Tailwinds in 2024 - Airline stocks benefited from improved air-travel demand post-pandemic and normalized economic activities, with record-breaking traffic during Thanksgiving and higher summer passenger volumes [4] - E-commerce demand remained strong, benefiting packaging companies, while transportation companies improved their financial health [5] - Many companies increased dividends, providing a steady income source and cushion against market uncertainty [6] - Companies cut costs to combat weak demand from high inflation, and declining oil prices positively impacted transportation companies' bottom lines [7] 2025 Projections - The International Air Transport Association (IATA) projects global passenger counts to exceed 5 billion in 2025, indicating continued growth for airlines [8] - Transportation stocks like Wabtec Corp, United Airlines Holdings, Southwest Airlines, SkyWest, and ZIM Integrated Shipping Services are expected to perform well in 2025 [9] Company Highlights Wabtec Corp (WAB) - Wabtec offers technology-based locomotives and services for the freight rail and passenger transit industries, with a strong balance sheet and shareholder-friendly stance [10] - Expected earnings growth rate of 13.60% for 2025, with a 4.1% improvement in Zacks Consensus Estimate over the past 90 days [11] - Market capitalization of $34.87 billion and Zacks Rank 2 [11] United Airlines Holdings (UAL) - United Airlines benefits from strong air travel demand and new routes, with an environment-friendly approach [12] - Expected earnings growth rate of 14.15% for 2025, with a 5.8% improvement in Zacks Consensus Estimate over the past 90 days [13] - Market capitalization of $31.75 billion and Zacks Rank 2 [13] Southwest Airlines (LUV) - Southwest Airlines anticipates a 3.5%-5.5% year-over-year increase in Q4 2024 unit revenues, driven by healthy travel demand [14] - Expected earnings growth rate of 110.13% for 2025, with a 21.7% improvement in Zacks Consensus Estimate over the past 90 days [15] - Market capitalization of $20.06 billion and Zacks Rank 1 [15] SkyWest (SKYW) - SkyWest focuses on fleet modernization and has agreements with major airlines like United Airlines and Alaska Airlines [16] - Expected earnings growth rate of 16.6% for 2025, with a 7.1% improvement in Zacks Consensus Estimate over the past 90 days [17] - Market capitalization of $4.31 billion and Zacks Rank 1 [17] ZIM Integrated Shipping Services (ZIM) - ZIM provides container shipping services internationally, with a Zacks Consensus Estimate for 2025 earnings improving over 100% in the past 90 days [18] - Market capitalization of $2.45 billion and Zacks Rank 1 [18]

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. Value ...

SkyWest, Inc. (SKYW) has been benefiting from flying contract rate increases, fleet modernization techniques and consistent shareholder-friendly initiatives. The positive sentiment surrounding SKYW stock is evident from the fact that the Zacks Consensus Estimate for the fourth quarter of 2024 and full-year 2024 earnings has been revised upward in the past 90 days. Image Source: Zacks Investment ResearchThe Zacks Consensus Estimate for the fourth quarter and full-year 2024 earnings per share indicates more t ...

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?Let's take a look at what these Wall Street heavyweights have to say about SkyWest (SKYW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.SkyWest currently has an average brokerage recommendation (ABR) ...