SkyWest(SKYW)
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United Airlines Stock Surges 133% Year to Date: More Upside Ahead?
ZACKS· 2024-11-28 17:20
Shares of United Airlines (UAL) have performed exceedingly well on the bourse so far this year. Shares of this Chicago-based company have skyrocketed 133.5% year to date, outperforming its industry’s 36.9% growth.YTD Price Comparison Image Source: Zacks Investment Research Given this excellent price performance, let us delve deep to unearth the reasons behind this and also find out if there is further scope for upside.Improvement in air travel demand following the end of the pandemic bodes well for United A ...
Here's Why Investors Should Add SkyWest Stock to Their Portfolio
ZACKS· 2024-11-15 14:50
SkyWest, Inc. (SKYW) performed well in the past year and has the potential to sustain the momentum in the future. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s take a look at the factors that make the stock a strong investment pick at the moment.An Outperformer: A glimpse at the company’s price trend reveals that its shares have surged 112.3% so far this year outperforming the industry’s 34.8% growth.Image Source: Zacks Investment ResearchSolid Rank & VGM Scor ...
Here's Why SkyWest (SKYW) is a Great Momentum Stock to Buy
ZACKS· 2024-11-08 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Here is What to Know Beyond Why SkyWest, Inc. (SKYW) is a Trending Stock
ZACKS· 2024-11-05 15:05
SkyWest (SKYW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this regional airline have returned +16%, compared to the Zacks S&P 500 composite's -0.5% change. During this period, the Zacks Transportation - Airline industry, which SkyWest falls in, has lost 1.3%. The key question now is: What could be the stock's future direction?While media releases or ...
SkyWest Stock Rises 6.4% on Q3 Earnings & Revenue Beat
ZACKS· 2024-11-04 18:30
SkyWest, Inc. (SKYW) stock has gained 6.4% since its third-quarter 2024 earnings release on Oct. 31, 2024.The uptick can be attributed to the better-than-expected third-quarter 2024 results wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Notably, quarterly earnings per share (EPS) of $2.16 outpaced the Zacks Consensus Estimate of $1.92 and improved more than 100% year over year.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Revenues of $912.8 million beat th ...
SkyWest Stock: Post Q3 2024 Earnings Analysis (Rating Downgrade)
Seeking Alpha· 2024-11-03 09:00
David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.Analyst’s Disclosure: I/we have no stock, option or similar derivative ...
SkyWest: An Attractive Shielded Business With Upside To Stock Prices
Seeking Alpha· 2024-11-02 16:57
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Dhierin runs the investing group The Aerospace Forum , whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with si ...
SkyWest(SKYW) - 2024 Q3 - Quarterly Report
2024-11-01 20:01
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 September 30, 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 (43 ...
SkyWest(SKYW) - 2024 Q3 - Earnings Call Transcript
2024-11-01 03:01
SkyWest, Inc. (NASDAQ:SKYW) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Rob Simmons - Chief Financial Officer Eric Woodward - Chief Accounting Officer Chip Childs - President and Chief Executive Officer Wade Steel - Chief Commercial Officer Conference Call Participants Mike Linenberg - Deutsche Bank Savi Syth - Raymond James Tom Fitzgerald - TD Cowen Operator Hello and welcome to the SkyWest Incorporated Third Quarter 2024 Results Call. [Operator Instructions] As a remi ...
SkyWest (SKYW) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 22:20
SkyWest (SKYW) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this regional airline would post earnings of $1.73 per share when it actually produced earnings of $1.82, delivering a surprise of 5.20%.Over the last four quarters, the company ...