1 day Ago By ABMN Staff
Shares of SkyWest, Inc. ( NASDAQ:SKYW – Get Free Report ) have earned an average recommendation of “Moderate Buy” from the four research firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.
The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $105.75. SKYW has been the topic of several recent analyst reports.
Raymond James boosted their target price on SkyWest from $100.00 to $114.00 and gave the stock an “outperform” rating in a report on Friday, November 1st.
The Goldman Sachs Group reaffirmed a “neutral” rating and set a $119.00 price objective on shares of SkyWest in a research note on Friday, November 15th. Finally, TD Cowen lifted their price target on SkyWest from $95.
00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Check Out Our Latest Research Report on SkyWest Insiders Place Their Bets Institutional Investors Weigh In On SkyWest Hedge funds have recently made changes to their positions in the stock.
NBC Securities Inc. raised its stake in shares of SkyWest by 1,368.0% in the 3rd quarter.
NBC Securities Inc. now owns 367 shares of the transportation company’s stock valued at $31,000 after buying an additional 342 shares in the last quarter. Kings Path Partners LLC bought a new position in SkyWest in the second quarter valued at about $42,000.
Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of SkyWest during the 2nd quarter worth approximately $54,000. CWM LLC grew its holdings in SkyWest by 57.
3% during the 2nd quarter. CWM LLC now owns 766 shares of the transportation company’s stock worth $63,000 after acquiring an additional 279 shares during the period. Finally, GAMMA Investing LLC increased its holdings in SkyWest by 45.
9% in the second quarter. GAMMA Investing LLC now owns 928 shares of the transportation company’s stock valued at $76,000 after purchasing an additional 292 shares during the last quarter. Institutional investors own 81.
30% of the company’s stock. SkyWest Stock Up 0.4 % NASDAQ:SKYW opened at $109.
89 on Friday. SkyWest has a 52 week low of $45.42 and a 52 week high of $116.
47. The company has a current ratio of 0.86, a quick ratio of 0.
76 and a debt-to-equity ratio of 0.95. The stock has a 50 day moving average of $92.
38 and a 200-day moving average of $82.89. The firm has a market capitalization of $4.
43 billion, a PE ratio of 18.78 and a beta of 1.93.
SkyWest ( NASDAQ:SKYW – Get Free Report ) last announced its quarterly earnings results on Thursday, October 31st. The transportation company reported $2.16 EPS for the quarter, beating the consensus estimate of $1.
92 by $0.24. SkyWest had a net margin of 7.
29% and a return on equity of 11.02%. The company had revenue of $912.
79 million for the quarter, compared to analyst estimates of $896.21 million. During the same quarter last year, the business earned $0.
55 earnings per share. SkyWest’s revenue was up 19.1% compared to the same quarter last year.
Analysts predict that SkyWest will post 7.16 EPS for the current year. SkyWest Company Profile ( Get Free Report SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company.
SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. Featured Articles Receive News & Ratings for SkyWest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SkyWest and related companies with MarketBeat.
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