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) Suffers a Larger Drop Than the General Market: Key Insights
Read MoreHide Full Article
In the latest close session, SkyWest (SKYW - Free Report) was down 1.56% at $95.01. This move lagged the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
Coming into today, shares of the regional airline had gained 0.4% in the past month. In that same time, the Transportation sector lost 2.31%, while the S&P 500 gained 2.36%.
Investors will be eagerly watching for the performance of SkyWest in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company is expected to report EPS of $3.13, up 11.39% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.14 billion, up 8.93% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.77 per share and revenue of $4.37 billion, indicating changes of +4.06% and +7.73%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SkyWest. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.6% fall in the Zacks Consensus EPS estimate. At present, SkyWest boasts a Zacks Rank of #3 (Hold).
Investors should also note SkyWest's current valuation metrics, including its Forward P/E ratio of 8.97. This expresses a discount compared to the average Forward P/E of 12.29 of its industry.
Meanwhile, SKYW's PEG ratio is currently 1.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 0.95 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 233, finds itself in the bottom 6% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
SkyWest (SKYW) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, SkyWest (SKYW - Free Report) was down 1.56% at $95.01. This move lagged the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
Coming into today, shares of the regional airline had gained 0.4% in the past month. In that same time, the Transportation sector lost 2.31%, while the S&P 500 gained 2.36%.
Investors will be eagerly watching for the performance of SkyWest in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company is expected to report EPS of $3.13, up 11.39% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.14 billion, up 8.93% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.77 per share and revenue of $4.37 billion, indicating changes of +4.06% and +7.73%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SkyWest. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.6% fall in the Zacks Consensus EPS estimate. At present, SkyWest boasts a Zacks Rank of #3 (Hold).
Investors should also note SkyWest's current valuation metrics, including its Forward P/E ratio of 8.97. This expresses a discount compared to the average Forward P/E of 12.29 of its industry.
Meanwhile, SKYW's PEG ratio is currently 1.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 0.95 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 233, finds itself in the bottom 6% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.