We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SkyWest (SKYW) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
In the latest close session, SkyWest (SKYW - Free Report) was down 1.23% at $96.89. This change lagged the S&P 500's daily gain of 0.8%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 1.6%.
Prior to today's trading, shares of the regional airline had gained 6.42% outpaced the Transportation sector's gain of 5.95% and the S&P 500's gain of 5.15%.
Market participants will be closely following the financial results of SkyWest in its upcoming release. The company plans to announce its earnings on April 23, 2026. In that report, analysts expect SkyWest to post earnings of $2.16 per share. This would mark a year-over-year decline of 10.74%. Our most recent consensus estimate is calling for quarterly revenue of $978.13 million, up 3.13% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $11.3 per share and a revenue of $4.29 billion, representing changes of +9.18% and +5.82%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for SkyWest. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.02% fall in the Zacks Consensus EPS estimate. SkyWest is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note SkyWest's current valuation metrics, including its Forward P/E ratio of 8.68. Its industry sports an average Forward P/E of 11.28, so one might conclude that SkyWest is trading at a discount comparatively.
It's also important to note that SKYW currently trades at a PEG ratio of 1.33. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Transportation - Airline industry was having an average PEG ratio of 0.59.
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 198, placing it within the bottom 19% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
SkyWest (SKYW) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest close session, SkyWest (SKYW - Free Report) was down 1.23% at $96.89. This change lagged the S&P 500's daily gain of 0.8%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 1.6%.
Prior to today's trading, shares of the regional airline had gained 6.42% outpaced the Transportation sector's gain of 5.95% and the S&P 500's gain of 5.15%.
Market participants will be closely following the financial results of SkyWest in its upcoming release. The company plans to announce its earnings on April 23, 2026. In that report, analysts expect SkyWest to post earnings of $2.16 per share. This would mark a year-over-year decline of 10.74%. Our most recent consensus estimate is calling for quarterly revenue of $978.13 million, up 3.13% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $11.3 per share and a revenue of $4.29 billion, representing changes of +9.18% and +5.82%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for SkyWest. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.02% fall in the Zacks Consensus EPS estimate. SkyWest is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note SkyWest's current valuation metrics, including its Forward P/E ratio of 8.68. Its industry sports an average Forward P/E of 11.28, so one might conclude that SkyWest is trading at a discount comparatively.
It's also important to note that SKYW currently trades at a PEG ratio of 1.33. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Transportation - Airline industry was having an average PEG ratio of 0.59.
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 198, placing it within the bottom 19% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.