SkyWest (SKYW) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - SkyWest (SKYW) closed at $98.91, reflecting a +0.99% change from the previous day, underperforming the S&P 500's gain of 1.59% [1] - Over the past month, SkyWest shares have decreased by 16.12%, compared to a 5.85% loss in the Transportation sector and a 2.42% loss in the S&P 500 [1] Upcoming Earnings - SkyWest is expected to report an EPS of$ 2.01, indicating a growth of 38.62% year-over-year, with quarterly revenue projected at $926.38 million, up 15.28% from the same period last year [2] Full-Year Estimates - The Zacks Consensus Estimates for SkyWest's full-year earnings are$ 9.01 per share and revenue of $3.82 billion, representing year-over-year increases of +15.96% and +8.21% respectively [3] Analyst Revisions - Recent adjustments to analyst estimates for SkyWest are seen as a positive indicator of the company's business outlook, with a 7.64% increase in the Zacks Consensus EPS estimate over the last 30 days [5][3] Valuation Metrics - SkyWest has a Forward P/E ratio of 10.88, which is higher than the industry average of 8.86 [5] - The company holds a PEG ratio of 1.24, compared to the Transportation - Airline industry's average PEG ratio of 0.69 [6] Industry Ranking - The Transportation - Airline industry has a Zacks Industry Rank of 37, placing it in the top 15% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]