Analyst Ratings for Skywest Inc. (SKYW)

Updated: 2017-07-27

An average rating of Overweight has been given to Skywest Inc. (NASDAQ:SKYW) by analysts covering the stock. About 30 days ago, SKYW was issued an average rating of Overweight.

4 analysts declared SKYW a buy, 0 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for SKYW by the analysts covering the stock. The highest price target was 47, implying a possible profit of 28.42 percent. The most pessimistic price target was 38, which equates to a potential downside of 3.83 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.35 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.58 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.95 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.58 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

In the last 52-weeks, SKYW has achieved a high of 39.85 and a low of 25.04. Today's price is 46.17 percent above the 52-week low, and 8.16 percent below the high. SKYW has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SKYW value stock report compares SKYW to some of its peers using value stock charts. The market cap of SKYW is $1.95 billion. SKYW will post this quarters earnings in days, on 0000-00-00.