The growth track for Skywest Inc (SKYW) has changed recently

With 0.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.37 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $120.67 whereas the lowest price it dropped to was $113.15. The 52-week range on SKYW shows that it touched its highest point at $135.57 and its lowest point at $52.78 during that stretch. It currently has a 1-year price target of $128.80. SKYW paid its most recent dividend on 1585526400, while the ex-dividend date for that was 1585526400. Beta for the stock currently stands at 1.99.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SKYW was up-trending over the past week, with a rise of 4.12%, but this was up by 18.04% over a month. Three-month performance surged to 22.44% while six-month performance rose 55.06%. The stock gained 121.91% in the past year, while it has gained 18.04% so far this year. A look at the trailing 12-month EPS for SKYW yields 7.78 with Next year EPS estimates of 10.16. For the next quarter, that number is 2.06. This implies an EPS growth rate of 16.99% for this year and 11.73% for next year. EPS is expected to grow by 16.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.26%.

Float and Shares Shorts:

At present, 40.33 million SKYW shares are outstanding with a float of 39.04 million shares on hand for trading. On 2025-01-15, short shares totaled 1.52 million, which was 376.0 higher than short shares on 1734048000. In addition to Mr. Russell A. Childs CPA as the firm’s CEO, President & Director, Mr. Robert J. Simmons serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.89704 of SKYW’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SKYW reported revenue of $912786000.0 and operating income of $131435000.0. The EBITDA in the recently reported quarter was $144004000.0 and diluted EPS was $2.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SKYW since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SKYW analysts setting a high price target of 150.0 and a low target of 100.0, the average target price over the next 12 months is 128.8. Based on these targets, SKYW could surge 26.91% to reach the target high and fall by -15.39% to reach the target low. Reaching the average price target will result in a growth of 8.98% from current levels.

Analysts have provided yearly estimates in a range of $7.28236 being high and $7.08146 being low. For SKYW, this leads to a yearly average estimate of $7.202.