SkyWest, Inc. (SKYW)

NASDAQ: SKYW · Real-Time Price · USD
108.98
-0.91 (-0.83%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.83%
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]

Industry Airlines
Sector Industrials
Founded 1972
Employees 13,121
Stock Exchange NASDAQ
Ticker Symbol SKYW
Full Company Profile

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 Statements

Analyst 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.

Price Target
$105.75
(-2.96% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

18 days ago - Seeking Alpha

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...

18 days ago - Seeking Alpha

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...

20 days ago - Seeking Alpha

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,...

20 days ago - Business Wire

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...

23 days ago - Seeking Alpha

Top 2 Industrials Stocks That May Crash In Q4

As of Oct. 11, 2024, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: UBER
5 weeks ago - Benzinga

Pick Top Stocks Like Fantasy Football

Fantasy sports is a multi-billion dollar industry, with millions invested, tracking key stats, with the aim of selecting top players for the biggest return. Fantasy football and investing have strong ...

Other symbols: CCLDKNGTPBVIRT
6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

Fall Into Profits: Top 10 Stocks For A September Dip

September is a historically challenging month for equity markets. Upcoming events on the economic calendar, inflation hysteria, and the November election could amplify the seasonal volatility in marke...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

SkyWest, Inc. (SKYW) Q2 2024 Earnings Call Transcript

SkyWest, Inc. (SKYW) Q2 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

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,...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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. ...

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

Top Quant Stocks Across 11 Market Sectors With Steven Cress

Quantitative investment analysis involves using computer processing power to analyze thousands of stocks and identify strong investment opportunities. Sector diversification is important to minimize r...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

Top Stocks By Sector (SA Quant)

Diversifying portfolios across sectors can help mitigate industry risk. Sector performance varies across different phases of the business cycle, with tech and financial stocks outperforming in expansi...

6 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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 -...

7 months ago - Seeking Alpha

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,...

7 months ago - Business Wire

SkyWest: Consider This One Even If You Don't Like Airline Stocks

SkyWest: Consider This One Even If You Don't Like Airline Stocks

7 months ago - Seeking Alpha