SkyWest Inc

SkyWest Inc Stock Forecast & Price Prediction

Live SkyWest Inc Stock (SKYW) Price
$78.26

6

Ratings

  • Buy 4
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$78.26

P/E Ratio

18.01

Volume Traded Today

$474,600

Dividend

$0.14

52 Week High/low

87.86/36.91

SkyWest Inc Market Cap

$3.03B

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SKYW Summary

Based on ratings from 6 stock analysts, the SkyWest Inc stock price is expected to increase by 21.71% in 12 months. This is calculated by using the average 12-month stock price forecast for SkyWest Inc. The lowest target is $85 and the highest is $101. Please note analyst price targets are not guaranteed and could be missed completely.

SKYW Analyst Ratings

SKYW is a stock in Consumer Discretionary which has been forecasted to be worth $95.25 as an average. On the higher end, the forecast price is $101 USD by from and on the lower end SKYW is forecasted to be $85 by from .

SKYW stock forecast by analyst

These are the latest 20 analyst ratings of SKYW.

Analyst/Firm

Rating

Price Target

Change

Date

Helane Becker
TD Cowen

Buy

$95

Maintains

Jun 4, 2024
Duane Pfennigwerth
Evercore ISI Group

In-Line

$70

Maintains

Apr 4, 2024
Helane Becker
TD Cowen

Outperform

$68

Upgrade

Feb 5, 2024
Savanthi Syth
Raymond James

Outperform

$65

Maintains

Feb 2, 2024
Savanthi Syth
Raymond James

Outperform

$55

Upgrade

Aug 31, 2023
Duane Pfennigwerth
Evercore ISI Group

In-Line

$45

Maintains

Aug 28, 2023
Michael Linenberg
Deutsche Bank

Buy

$46

Upgrade

Jun 15, 2023
Catherine O'Brien
Goldman Sachs

Sell

$18

Maintains

Apr 28, 2023
Savanthi Syth
Raymond James

Market Perform


Upgrade

Apr 3, 2023
Catherine O'Brien
Goldman Sachs

Sell

$15

Reinstates

Dec 16, 2022
Savanthi Syth
Raymond James

Underperform


Downgrade

Sep 8, 2022
Duane Pfennigwerth
Evercore ISI Group

In-Line

$25

Maintains

Jun 27, 2022

Raymond James

Market Perform


Downgrade

Apr 27, 2022

Goldman Sachs

Buy

$54

Maintains

Apr 7, 2022
Savanthi Syth
Raymond James

Outperform

$40

Maintains

Mar 21, 2022

Deutsche Bank

Hold


Downgrade

Feb 4, 2022
Savanthi Syth
Raymond James

Outperform

$48

Downgrade

Feb 4, 2022
Helane Becker
Cowen & Co.

Market Perform

$42

Downgrade

Dec 15, 2021
Savanthi Syth
Raymond James

Strong Buy

$63

Maintains

Oct 29, 2021
Savanthi Syth
Raymond James

Strong Buy

$67

Maintains

Jul 30, 2021

SKYW Company Information

  • Company Overview: SkyWest, Inc. operates as a regional airline in the United States.
  • Segments: The company operates through two main segments: SkyWest Airlines and SWC, as well as SkyWest Leasing.
  • Leasing Services: Engages in leasing regional jet aircraft and spare engines to third parties.
  • Charter and Ground Services: Provides on-demand charter services, airport customer services, and ground handling services.
  • Fleet Size: As of December 31, 2023, the fleet consisted of 603 aircraft.
  • Flight Operations: Offers scheduled passenger and air freight services with approximately 1,850 daily departures.
  • Destinations: Services cover various locations in the United States, Canada, and Mexico.
  • Incorporation and Headquarters: Incorporated in 1972 and headquartered in Saint George, Utah.
SKYW
SkyWest Inc (SKYW)

When did it IPO

1986

Staff Count

11,470

Country

United States

Sector/Industry

Industrials/Airlines

CEO

Mr. Russell A. Childs

Market Cap

$3.03B

SkyWest Inc (SKYW) Financial Data

In 2023, SKYW generated $2.94B in revenue, which was a decrease of -2.31% from the previous year. This can be seen as a signal that SKYW's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.13B

Revenue From 2021

$2.71B

27.57 %
From Previous Year

Revenue From 2022

$3.00B

10.74 %
From Previous Year

Revenue From 2023

$2.94B

-2.31 %
From Previous Year
  • Revenue TTM $3.19B
  • Operating Margin TTM 13.8%
  • Gross profit TTM $372.2M
  • Return on assets TTM 2.6%
  • Return on equity TTM 8.1%
  • Profit Margin 5.5%
  • Book Value Per Share 55.65%
  • Market capitalisation $3.03B
  • Revenue for 2021 $2.71B
  • Revenue for 2022 $3.00B
  • Revenue for 2023 $2.94B
  • EPS this year (TTM) $4.13

SkyWest Inc (SKYW) Latest News

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - SkyWest (SKYW) closed at $74.59, down 0.16% from the previous trading day.

Why It Matters - SkyWest's slight decline indicates potential volatility, which may affect investor sentiment and trading strategies. Monitoring such fluctuations is crucial for decision-making.

News Image

Tue, 10 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - September poses challenges for equity markets, with economic events and inflation concerns likely to increase volatility. SA Quant highlights 10 "Strong Buy" stocks as potential dip-buying opportunities.

Why It Matters - September's historical volatility may present buying opportunities. Identifying strong stocks with positive ratings can help investors capitalize on potential market dips.

News Image

Sat, 07 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - SkyWest's Q2'24 saw a 19.5% revenue increase and strong EPS growth, supporting a 'buy' rating. Its stable business model and financial discipline enhance shareholder value and future growth potential.

Why It Matters - SkyWest's strong Q2 results and stable business model signal solid growth potential and shareholder value enhancement, making it an attractive investment despite recent share price fluctuations.

News Image

Wed, 04 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - SkyWest (SKYW) closed at $74.84, down 0.61% from the previous trading day in the latest trading session.

Why It Matters - SkyWest's slight decline in stock price may signal potential volatility or investor sentiment changes, impacting future trading strategies and investment decisions.

News Image

Thu, 05 Sep 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - SkyWest (SKYW) closed at $75.41, marking a 0.76% increase from the previous trading day.

Why It Matters - SkyWest's stock price increase signals positive market sentiment, potentially indicating strong performance or investor confidence, which could influence future investment decisions.

News Image

Thu, 29 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - SkyWest (SKYW) has gained significant attention from Zacks.com users recently, indicating increased interest and potential future developments for the stock.

Why It Matters - Increased attention from Zacks.com users may indicate growing investor interest, potentially impacting SkyWest's stock performance and volatility in the near future.

...

SKYW Frequently asked questions

The highest forecasted price for SKYW is $101 from at .

The lowest forecasted price for SKYW is $85 from from

The SKYW analyst ratings consensus are 4 buy ratings, 2 hold ratings, and 0 sell ratings.