In the past week, SKYW stock has gone up by 6.70%, with a monthly gain of 20.85% and a quarterly surge of 26.94%. The volatility ratio for the week is 3.88%, and the volatility levels for the last 30 days are 3.31% for Skywest Inc The simple moving average for the past 20 days is 9.31% for SKYW’s stock, with a 37.33% simple moving average for the past 200 days.
Is It Worth Investing in Skywest Inc (NASDAQ: SKYW) Right Now?
Skywest Inc (NASDAQ: SKYW) has a higher price-to-earnings ratio of 20.80x compared to its average ratio. SKYW has 36-month beta value of 1.99. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for SKYW is 39.04M, and currently, short sellers hold a 3.89% ratio of that float. The average trading volume of SKYW on January 31, 2025 was 358.79K shares.
SKYW) stock’s latest price update
Skywest Inc (NASDAQ: SKYW)’s stock price has increased by 4.28 compared to its previous closing price of 116.76. However, the company has seen a 6.70% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-30 that SkyWest, Inc. (NASDAQ:SKYW ) Q4 2024 Earnings Conference Call January 30, 2025 4:30 PM ET Company Participants Rob Simmons – Chief Financial Officer Eric Woodward – Chief Accounting Officer Chip Childs – President and Chief Executive Officer Wade Steel – Chief Commercial Officer Conference Call Participants Savi Syth – Raymond James Shannon Doherty – Deutsche Bank Catherine O’Brien – Goldman Sachs Tom Fitzgerald – TD Cowen Jake Gunning – Evercore ISI Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I’ll be your conference operator today.
Analysts’ Opinion of SKYW
Many brokerage firms have already submitted their reports for SKYW stocks, with Goldman repeating the rating for SKYW by listing it as a “Neutral.” The predicted price for SKYW in the upcoming period, according to Goldman is $119 based on the research report published on November 15, 2024 of the previous year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see SKYW reach a price target of $120, previously predicting the price at $95. The rating they have provided for SKYW stocks is “Buy” according to the report published on November 05th, 2024.
TD Cowen gave a rating of “Buy” to SKYW, setting the target price at $95 in the report published on June 04th of the previous year.
SKYW Trading at 11.53% from the 50-Day Moving Average
After a stumble in the market that brought SKYW to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.01% of gains for the given period.
Volatility was left at 3.31%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares surge +23.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.74% upper at present.
During the last 5 trading sessions, SKYW rose by +8.04%, which changed the moving average for the period of 200-days by +84.29% in comparison to the 20-day moving average, which settled at $111.46. In addition, Skywest Inc saw 21.60% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SKYW starting from Woodward Eric, who sale 4,000 shares at the price of $111.53 back on Nov 06 ’24. After this action, Woodward Eric now owns 44,426 shares of Skywest Inc, valued at $446,116 using the latest closing price.
MITTELSTAEDT RONALD J, the Director of Skywest Inc, sale 25,000 shares at $112.06 during a trade that took place back on Nov 06 ’24, which means that MITTELSTAEDT RONALD J is holding 11,283 shares at $2,801,585 based on the most recent closing price.
Stock Fundamentals for SKYW
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.23 for the gross margin
The net margin for Skywest Inc stands at 0.07. The total capital return value is set at 0.07. Equity return is now at value 10.93, with 3.47 for asset returns.
Based on Skywest Inc (SKYW), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.2. The interest coverage ratio of the stock is 3.21.
Currently, EBITDA for the company is 554.35 million with net debt to EBITDA at 3.4. When we switch over and look at the enterprise to sales, we see a ratio of 2.24. The receivables turnover for the company is 29.99for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
To put it simply, Skywest Inc (SKYW) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
