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.

SKYW was given price targets by several analysts. The highest price target was 47, which equates to a potential upside of 28.42 percent. The most pessimistic price target was 38, implying a possible loss 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.58 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, SKYW hit 39.85 at the highest peak, while it's lowest trading point was 25.04. Today's price is 46.17 percent above the 52-week low, and 8.16 percent below the high. SKYW has a P/E 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.