Group 1 - SkyWest's stock closed at $78.63, reflecting a -0.98% change from the previous day, underperforming the S&P 500's gain of 0.15% [1] - Over the past month, SkyWest's stock has increased by 3.14%, outperforming the Transportation sector's decline of 2.15% but lagging behind the S&P 500's rise of 3.2% [1] Group 2 - SkyWest is expected to report earnings of $1.70 per share, indicating a year-over-year growth of 385.71%, with projected quarterly revenue of $814.4 million, up 12.23% from the previous year [2] - For the fiscal year, earnings are projected at $6.81 per share and revenue at $3.36 billion, representing increases of +784.42% and +14.58% respectively from the prior year [3] Group 3 - Recent analyst estimate revisions for SkyWest are seen as positive indicators for the company's business outlook, reflecting short-term business trends [3] - The Zacks Rank system, which evaluates estimate changes, currently ranks SkyWest at 1 (Strong Buy), with a historical average annual return of +25% for stocks at this rating since 1988 [5] Group 4 - SkyWest's Forward P/E ratio is 11.66, which is higher than the industry's average Forward P/E of 8.98 [6] - The Transportation - Airline industry has a Zacks Industry Rank of 157, placing it in the bottom 38% of over 250 industries [6]

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%. ...

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 ...

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 ...

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 ...

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 ...

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 ...

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) . ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-14719 SKYWEST, INC. Incorporated under the laws of Utah 87-0292166 (I.R.S. Employer ID No.) 444 South River Road St. George, Utah 84790 (435) 6 ...

SkyWest, Inc. (NASDAQ:SKYW) Q1 2024 Results Conference Call April 25, 2024 4:30 PM ET Company Participants Rob Simmons - Chief Financial Officer Eric Woodward - Chief Accounting Officer Chip Childs - President & Chief Executive Officer Wade Steel - Chief Commercial Officer Conference Call Participants Savi Syth - Raymond James Helane Becker - TD Cowen Mike Linenberg - Deutsche Bank Duane Pfennigwerth - Evercore ISI Operator Good afternoon. My name is Brianna, and I will be your conference operator today. At ...