SKYW Stock Recent News
SKYW LATEST HEADLINES
SkyWest's strong Q2'24 results, with a 19.5% revenue increase and significant EPS growth, justify maintaining a 'buy' rating despite recent share pullback. The company's unique, less risky business model, with 94% of its fleet under capacity purchase agreements, ensures durable margins and revenue stability. SkyWest's disciplined financial strategy, including debt reduction and share buybacks, enhances shareholder value and positions the company well for future growth.
SkyWest (SKYW) reachead $75.41 at the closing of the latest trading day, reflecting a +0.76% change compared to its last close.
In the most recent trading session, SkyWest (SKYW) closed at $74.84, indicating a -0.61% shift from the previous trading day.
With SKYW shares appreciating this year, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
SkyWest (SKYW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SkyWest stock price increased 54% since November 2023. Second quarter results show 19.5% revenue growth driven by flying agreements. The stock price target for SkyWest is $108, indicating 48% growth and receiving a Strong Buy rating.
Investors need to pay close attention to SkyWest (SKYW) stock based on the movements in the options market lately.
Recently, Zacks.com users have been paying close attention to SkyWest (SKYW). This makes it worthwhile to examine what the stock has in store.
SkyWest's (SKYW) top line rides high on robust air travel demand. The company's efforts to expand and modernize its fleet are praiseworthy.