SkyWest, Inc. (SKYW)
Market Cap | 4.39B |
Revenue (ttm) | 3.34B |
Net Income (ttm) | 243.10M |
Shares Out | 40.33M |
EPS (ttm) | 5.85 |
PE Ratio | 18.62 |
Forward PE | 12.87 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 207,120 |
Open | 109.34 |
Previous Close | 109.89 |
Day's Range | 107.30 - 110.13 |
52-Week Range | 45.42 - 116.47 |
Beta | 1.94 |
Analysts | Buy |
Price Target | 105.75 (-2.96%) |
Earnings Date | Oct 31, 2024 |
About SKYW
SkyWest, Inc., through its subsidiaries, engages in the operation of a regional airline in the United States. It operates through two segment, SkyWest Airlines and SWC; and SkyWest Leasing. The company is also involved in leasing regional jet aircraft and spare engines to third parties; and provision of on-demand charter, airport customer, and ground handling services. As of December 31, 2023, its fleet consisted of 603 aircraft; and provided scheduled passenger and air freight services with approximately 1,850 total daily departures to various... [Read more]
Financial Performance
In 2023, SkyWest's revenue was $2.94 billion, a decrease of -2.31% compared to the previous year's $3.00 billion. Earnings were $34.34 million, a decrease of -52.93%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SKYW stock is "Buy." The 12-month stock price forecast is $105.75, which is a decrease of -2.96% from the latest price.
News
SkyWest Stock: Post Q3 2024 Earnings Analysis (Rating Downgrade)
There are multiple positives from SkyWest's Q3 2024 earnings report. SkyWest's valuation remains attractive as compared to the broader market. SkyWest's has been making strong margin gains as it retur...
SkyWest: An Attractive Shielded Business With Upside To Stock Prices
SkyWest stock has doubled over the past twelve months. The company has a beneficial cost set up that largely shields it from fluctuations in fuel prices. The company should be able to fly the full con...
SkyWest, Inc. (SKYW) Q3 2024 Earnings Call Transcript
SkyWest, Inc. (NASDAQ:SKYW) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Rob Simmons - Chief Financial Officer Eric Woodward - Chief Accounting Officer Chip Child...
SkyWest, Inc. Announces Third Quarter 2024 Profit
ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q3 2024, including net income of $90 million, or $2.16 per diluted share,...
SkyWest Looks Tempting Before Q3 Earnings Release
SkyWest's strong Q2 performance, fleet expansion, and cost control indicate significant growth potential, justifying a "Buy" rating for the medium term. SKYW's robust balance sheet, declining debt, an...
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SkyWest, Inc. Announces Third Quarter 2024 Results Call Date
ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, October 31, 2024 to discuss third quarter 2024 results...
SkyWest: This Lesser-Known Aircraft Leasing Company Has A 15% FCF Yield
Signs the pilot shortage is abating, allowing SkyWest's 600-strong fleet to achieve operating leverage and expand margins similar to pre-covid levels. The regional airline is finally overcoming the pi...
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SkyWest: This Unique Airline Stock Has Room To Soar
SkyWest's strong Q2'24 results, with a 19.5% revenue increase and significant EPS growth, justify maintaining a 'buy' rating despite recent share pullback. The company's unique, less risky business mo...
SkyWest: Here Is Why I Am Upgrading The Stock To Strong Buy
SkyWest stock price increased 54% since November 2023. Second quarter results show 19.5% revenue growth driven by flying agreements. The stock price target for SkyWest is $108, indicating 48% growth a...
SkyWest Named One of TIME America's Best Midsize Companies
ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) is pleased to be named one of America's Best Midsize Companies by TIME Magazine and Statista. This recognition is the latest in a series...
SkyWest, Inc. (SKYW) Q2 2024 Earnings Call Transcript
SkyWest, Inc. (SKYW) Q2 2024 Earnings Call Transcript
SkyWest, Inc. Announces Second Quarter 2024 Profit
ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q2 2024, including net income of $76 million, or $1.82 per diluted share,...
SkyWest: Despite The Surge, This Top Performer Remains A Bargain
The airline industry is a crowded place. Finding winners in this space is easier said than done. SkyWest stock, up 108% in the past 12 months, has outperformed all the major airline stocks during this...
SkyWest, Inc. Announces Second Quarter 2024 Results Call Date
ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, July 25, 2024 to discuss second quarter 2024 results. ...
SkyWest: Why This Airline Stock Could Continue Flying
SkyWest owns SkyWest Airlines and SkyWest Leasing, with nearly 500 aircraft connecting millions of travelers to over 200 destinations across North America. SkyWest emerged as the strongest American re...
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SkyWest Is A Top Portfolio Performer
SkyWest is a successful and unique company that operates predominantly for other airlines in their liveries. SkyWest is the fifth largest U.S. airline based on flight departures and serves all four ma...
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API Selected by SkyWest for Full Suite of Crew Management Solutions
MELVILLE, N.Y. , May 1, 2024 /PRNewswire/ -- Accommodations Plus International ("API"), the worldwide leader in crew accommodations technology and service solutions, is proud to announce its selection...
SkyWest, Inc. (SKYW) Q1 2024 Earnings Call Transcript
SkyWest, Inc. (NASDAQ:SKYW) Q1 2024 Results Conference Call April 25, 2024 4:30 PM ET Company Participants Rob Simmons - Chief Financial Officer Eric Woodward - Chief Accounting Officer Chip Childs -...
SkyWest, Inc. Announces First Quarter 2024 Profit
ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q1 2024, including net income of $60 million, or $1.45 per diluted share,...
SkyWest: Consider This One Even If You Don't Like Airline Stocks
SkyWest: Consider This One Even If You Don't Like Airline Stocks