Workflow
SkyWest(SKYW)
icon
Search documents
SkyWest (SKYW) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-07-18 17:01
Core Viewpoint - SkyWest (SKYW) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - For SkyWest, the Zacks Consensus Estimate for the fiscal year ending December 2025 is projected at $9.36 per share, remaining unchanged from the previous year, but has seen a 4.6% increase in estimates over the past three months [8]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4][5]. - The upgrade of SkyWest reflects an improvement in its underlying business, which is expected to attract investor interest and drive the stock price higher [5][10]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - SkyWest's upgrade places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9][10].
SkyWest (SKYW) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-07-17 15:06
The market expects SkyWest (SKYW) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ju ...
Has Dorian LPG (LPG) Outpaced Other Transportation Stocks This Year?
ZACKS· 2025-07-17 14:41
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is Dorian LPG (LPG) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.Dorian LPG is one of 122 companies in the Transportation group. The Transportation group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and i ...
Are You Looking for a Top Momentum Pick? Why SkyWest (SKYW) is a Great Choice
ZACKS· 2025-07-14 17:01
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell even higher" [1] - The Zacks Momentum Style Score helps define momentum characteristics, with SkyWest (SKYW) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperformance [3] Group 2: SkyWest Performance Metrics - SkyWest shares have increased by 4.24% over the past week, outperforming the Zacks Transportation - Airline industry, which rose by 2.63% [5] - Over the past quarter, SkyWest shares have risen by 30.9%, and by 33.68% over the last year, compared to the S&P 500's increases of 17.01% and 13.4% respectively [6] - The average 20-day trading volume for SkyWest is 286,020 shares, indicating a bullish sign if the stock is rising with above-average volume [7] Group 3: Earnings Outlook - In the past two months, two earnings estimates for SkyWest have moved higher, with no downward revisions, increasing the consensus estimate from $9.28 to $9.36 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Group 4: Conclusion - SkyWest is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for near-term investment [11]
GE Aerospace Secures Deal From SkyWest to Supply CF34 Engines
ZACKS· 2025-07-10 15:15
Core Insights - GE Aerospace has secured a contract with SkyWest, Inc. to provide CF34-8E engines and spares for 60 new Embraer 175 regional jets [1][9] Group 1: Engine Performance and Reliability - The CF34 engine family is recognized for its performance and reliability, with over 11,000 units delivered globally, achieving more than 209 million flight hours and 165 million flight cycles [2][9] - The engines have a dispatch reliability rate of 99.97% over a 12-month rolling period and can operate on approved sustainable aviation fuel (SAF) blends [3][9] Group 2: Business Relationships and Market Position - SkyWest has become the largest operator of GE's CF34 engines, currently operating over 1,200 GE-powered engines in its fleet [3][9] - The latest order reflects the strong, long-standing relationship between GE Aerospace and SkyWest [3] Group 3: Financial Performance and Market Outlook - GE Aerospace holds a Zacks Rank of 2 (Buy), indicating strong business performance driven by robust demand for commercial engines and technologies [4] - The company's shares have increased by 51.1% over the past year, outperforming the industry growth of 17.2% [6] - The Zacks Consensus Estimate for GE's 2025 earnings has risen by 0.2% in the past 60 days [6]
3 Must-Watch U.S. Airline Stocks Ahead of a Busy July 4 Weekend
ZACKS· 2025-07-03 16:10
Industry Overview - The overall air travel demand in the United States remains strong despite some tariff-related challenges, supported by declining oil prices and easing geopolitical tensions [1][2] - The airline industry has experienced a price increase of over 34% in the past three months, outperforming the S&P 500 Index [3] Upcoming Travel Trends - The Transportation Security Administration (TSA) projects over 18.5 million passengers will be screened during the July 4 holiday weekend, with July 6 expected to be the busiest day [7][9] - U.S. airlines will operate 4% more flights compared to the previous year, translating to approximately 27,000 daily scheduled flights [7][9] Airline Stock Highlights - SkyWest (SKYW) has seen a stock gain of 32% over the past three months, with earnings surpassing estimates by an average of 17.1% in the last four quarters [11] - Delta Air Lines (DAL) has experienced a 34% stock increase in the last three months, with a recent 25% hike in quarterly dividend payouts [12][13] - Allegiant Travel Company (ALGT) is benefiting from strong air travel demand and aims to expand its fleet to 122 by the end of 2025, with an average earnings beat of 32.7% in the last four quarters [13][14]
SKYW vs. LUV: Which Stock Is the Better Value Option?
ZACKS· 2025-07-02 16:41
Core Viewpoint - The article compares SkyWest (SKYW) and Southwest Airlines (LUV) to determine which stock is more attractive to value investors [1] Group 1: Zacks Rank and Earnings Outlook - SkyWest has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Southwest Airlines has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank system favors stocks with positive revisions to earnings estimates, suggesting that SKYW has an improving earnings outlook [3] Group 2: Valuation Metrics - SkyWest has a forward P/E ratio of 11.20, significantly lower than Southwest Airlines' forward P/E of 28.96 [5] - The PEG ratio for SkyWest is 1.28, while Southwest Airlines has a PEG ratio of 4.83, indicating that SKYW is expected to grow earnings at a more favorable rate [5] - SkyWest's P/B ratio is 1.7, compared to Southwest Airlines' P/B of 2.03, further supporting the valuation advantage of SKYW [6] Group 3: Value Grades - Based on the valuation metrics, SkyWest has a Value grade of A, while Southwest Airlines has a Value grade of C, indicating that SKYW is currently the superior value option [6]
SkyWest (SKYW) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2025-07-02 14:46
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, helping investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated based on value, growth, and momentum characteristics, with scores ranging from A to F, where A indicates the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score targets stocks that are undervalued based on various financial ratios, assisting value investors in identifying attractive investment opportunities [3] Growth Score - The Growth Score emphasizes a company's financial health and future growth potential, analyzing historical and projected earnings, sales, and cash flow [4] Momentum Score - The Momentum Score identifies stocks with favorable price trends, utilizing recent price changes and earnings estimate revisions to guide investment timing [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive assessment of stocks based on value, growth, and momentum [6] Zacks Rank and Performance - The Zacks Rank, which is based on earnings estimate revisions, has shown strong performance, with 1 (Strong Buy) stocks averaging a 25.41% annual return since 1988, significantly outperforming the S&P 500 [8] - There are over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores to refine their selections [9] Stock Highlight: SkyWest (SKYW) - SkyWest is rated 2 (Buy) on the Zacks Rank and has a VGM Score of A, indicating strong investment potential [11] - The company has a forward P/E ratio of 11.2, making it attractive for value investors [11] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate to $9.30 per share, with an average earnings surprise of 17.1% [12]
Are Transportation Stocks Lagging International Seaways (INSW) This Year?
ZACKS· 2025-06-25 14:41
Company Performance - International Seaways (INSW) has shown a year-to-date performance increase of approximately 4.1%, outperforming the Transportation sector, which has returned an average of -6% [4] - The Zacks Consensus Estimate for INSW's full-year earnings has increased by 13.5% over the past three months, indicating improved analyst sentiment and earnings outlook [4] - International Seaways currently holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable investment outlook [3] Industry Comparison - International Seaways is part of the Transportation - Shipping industry, which consists of 36 individual stocks and is currently ranked 68 in the Zacks Industry Rank [6] - The average performance of stocks in the Transportation - Shipping industry has declined by 4.1% this year, highlighting that INSW is performing better than its peers [6] - In contrast, the Transportation - Airline industry, which includes SkyWest (SKYW), has seen a year-to-date decline of 7% and is ranked 48 [6][5]
SkyWest: Don't Miss Takeoff
Seeking Alpha· 2025-06-12 12:48
Group 1 - The article focuses on companies that are often overlooked by the broader investment community but demonstrate solid fundamentals and strong operational performance [1] - The emphasis is on identifying real businesses that are proven operators, rather than microcaps or speculative plays [1] - There is a clear runway for value creation in these companies, indicating potential for future growth [1]