SkyWest (SKYW) is a Top-Ranked Value Stock: Should You Buy?

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]