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.

Investment analysts gave a few price targets for SKYW. The maximum price target given was 47, implying potential capital gains of 28.42 percent. The most pessimistic analyst gave a price target of 38, which equates to a potential downside of 3.83 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.35 percent. 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. If we look at the last 90 days instead, we find a net average change of 4.58 percent in FY estimates.

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 made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

In the trailing 52-weeks, SKYW hit 39.85 at the highest peak, while it's lowest trading point was 25.04. The current market price is above the trailing year's low by 46.17 percent, and 8.16 percent lower than its 52-week 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 stock has a market capitalization of $1.95 billion. SKYW's next earnings release will be on 0000-00-00, which is days away.