SkyWest (SKYW) Advances While Market Declines: Some Information for Investors

Group 1: Stock Performance - SkyWest (SKYW) ended the latest trading session at $83.90, reflecting a +1.1% adjustment from the previous close, outperforming the S&P 500's daily loss of 0.91% [1] - The stock has experienced a significant decline of 25.11% over the past month, which is worse than the Transportation sector's loss of 9.3% and the S&P 500's loss of 7.38% [1] Group 2: Upcoming Earnings - SkyWest is expected to report an EPS of$ 2.01, indicating a growth of 38.62% compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $926.38 million, which represents an increase of 15.28% from the year-ago period [2] Group 3: Full-Year Estimates - The full-year Zacks Consensus Estimates for SkyWest are earnings of$ 9.01 per share and revenue of $3.82 billion, reflecting year-over-year changes of +15.96% and +8.21%, respectively [3] Group 4: Analyst Forecasts - Recent revisions to analyst forecasts for SkyWest are important as they indicate shifting business dynamics, with positive revisions suggesting analysts' confidence in the company's performance [4] Group 5: Zacks Rank and Valuation - SkyWest currently holds a Zacks Rank of 1 (Strong Buy), with a proven track record of outperformance, as 1 stocks have returned an average of +25% annually since 1988 [6] - The company is trading with a Forward P/E ratio of 9.22, which is a premium compared to the industry average Forward P/E of 8.56 [6] Group 6: PEG Ratio and Industry Ranking - SkyWest has a PEG ratio of 1.05, compared to the industry average PEG ratio of 0.66, indicating a higher expected earnings growth rate relative to its peers [7] - The Transportation - Airline industry, which includes SkyWest, has a Zacks Industry Rank of 41, placing it within the top 17% of over 250 industries [7]