SkyWest (SKYW) Registers a Bigger Fall Than the Market: Important Facts to Note

SkyWest (SKYW) closed the most recent trading day at $111.76, moving -1.63% from the previous trading session. This change lagged the S&P 500's 0.33% loss on the day. At the same time, the Dow lost 0.63%, and the tech-heavy Nasdaq lost 0.22%.

The regional airline's shares have seen an increase of 14.8% over the last month, surpassing the Transportation sector's gain of 3.6% and the S&P 500's gain of 4.07%.

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 July 24, 2025. On that day, SkyWest is projected to report earnings of $2.34 per share, which would represent year-over-year growth of 28.57%. Meanwhile, our latest consensus estimate is calling for revenue of $983.18 million, up 13.38% from the prior-year quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.36 per share and a revenue of $3.91 billion, indicating changes of +20.46% and +10.93%, respectively, from the former year.

It's also important for investors to be aware of any recent modifications to analyst estimates for SkyWest. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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, the Zacks Consensus EPS estimate has moved 0.9% higher. SkyWest presently features a Zacks Rank of #2 (Buy).

Valuation is also important, so investors should note that SkyWest has a Forward P/E ratio of 12.13 right now. This represents a premium compared to its industry average Forward P/E of 10.64.

Investors should also note that SKYW has a PEG ratio of 1.39 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Transportation - Airline industry currently had an average PEG ratio of 0.9 as of yesterday's close.

The Transportation - Airline industry is part of the Transportation sector. With its current Zacks Industry Rank of 78, this industry ranks in the top 32% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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SkyWest, Inc. (SKYW) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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