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 ...

With respect to valuation, SkyWest is currently being traded at a Forward P/E ratio of 11.14. Its industry sports an average Forward P/E of 8.94, so one might conclude that SkyWest is trading at a premium comparatively. The investment community will be closely monitoring the performance of SkyWest in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.70, marking a 385.71% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimat ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth Score VGM Score It also includes access to the Zacks Style Scores. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, ...

SkyWest (SKYW) closed at $78.63 in the latest trading session, marking a -0.98% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.15%. At the same time, the Dow added 0.36%, and the tech-heavy Nasdaq gained 0.17%. The regional airline's stock has climbed by 3.14% in the past month, exceeding the Transportation sector's loss of 2.15% and lagging the S&P 500's gain of 3.2%. The upcoming earnings release of SkyWest will be of great interest to investors. On that day, SkyWe ...

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 ...