Skywest Inc [SKYW] stock is trading at $100.68, up 2.88%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SKYW shares have lost -0.26% over the last week, with a monthly amount drifted -11.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, TD Cowen reaffirmed its Buy rating on November 05, 2024, and elevated its price target to $120. On June 04, 2024, TD Cowen reiterated its Buy rating and revised its price target to $95 on the stock. TD Cowen upgraded its rating to a Outperform and increased its price target to $68 on February 05, 2024. Raymond James upgraded its rating to a Outperform but $55 remained the price target by the analyst firm on August 31, 2023. Deutsche Bank upgraded its rating to Buy for this stock on June 15, 2023, but kept the price target unchanged to $46. In a note dated April 03, 2023, Raymond James upgraded an Mkt Perform rating on this stock.
Skywest Inc [SKYW] stock has fluctuated between $60.19 and $135.57 over the past year. Currently, Wall Street analysts expect the stock to reach $119 within the next 12 months. Skywest Inc [NASDAQ: SKYW] shares were valued at $100.68 at the most recent close of the market. An investor can expect a potential return of 18.2% based on the average SKYW price forecast.
Analyzing the SKYW fundamentals
Skywest Inc [NASDAQ:SKYW] reported sales of 3.53B for the trailing twelve months, which represents a growth of 25.62%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 98.90 points at the first support level, and at 97.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.91, and for the 2nd resistance point, it is at 103.13.
Ratios To Look Out For
For context, Skywest Inc’s Current Ratio is 0.78. As well, the Quick Ratio is 0.68, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 12.96.
Transactions by insiders
Recent insider trading involved Wooley Greg, EXEC VP OPERATIONS, that happened on Feb 18 ’25 when 14545.0 shares were sold. Officer, Wooley Greg completed a deal on Feb 18 ’25 to buy 14545.0 shares. Meanwhile, CHIEF FINANCIAL OFFICER SIMMONS ROBERT J sold 6000.0 shares on Feb 10 ’25.
