SkyWest (SKYW) Falls More Steeply Than Broader Market: What Investors Need to Know

Company Performance - SkyWest (SKYW) closed at $104.08, reflecting a -4.26% change from the previous day, underperforming the S&P 500's loss of 0.43% [1] - Over the last month, SkyWest shares increased by 7.07%, which is below the Transportation sector's gain of 11.09% [1] Upcoming Earnings - Analysts expect SkyWest to report earnings of $2.19 per share, indicating a year-over-year decline of 9.5% [2] - The consensus estimate for quarterly revenue is $982.63 million, representing a 3.6% increase from the previous year [2] Fiscal Year Projections - For the fiscal year, earnings are projected at $11.42 per share and revenue at $4.33 billion, showing increases of +10.34% and +6.58% respectively from the prior year [3] - Recent revisions to analyst forecasts for SkyWest may indicate evolving short-term business trends, with positive revisions suggesting optimism [3] Valuation Metrics - SkyWest has a Forward P/E ratio of 9.52, which is lower than the industry average of 9.92, suggesting it is trading at a discount [6] - The company holds a PEG ratio of 0.73, compared to the Transportation - Airline industry's average PEG ratio of 0.58 [7] Industry Context - The Transportation - Airline industry is ranked 21 in the Zacks Industry Rank, placing it in the top 9% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a strong industry performance [8]