SKYW

SkyWest Inc

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Advanced Chart

89.170

+0.650(+0.730%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

89.600

Open

87.000

VWAP

88.16

Vol

371.46K

Mkt Cap

3.61B

Low

85.890

Amount

32.75M

EV/EBITDA(TTM)

5.91

Total Shares

40.26M

5.39B

EV/OCF(TTM)

7.64

P/S(TTM)

1.00

SkyWest, Inc. is the holding company for SkyWest Airlines, Inc. (SkyWest Airlines) and SkyWest Leasing, Inc. (SkyWest Leasing), an aircraft leasing company. The Company operates through two segments: SkyWest Airlines and SWC, and SkyWest Leasing. SkyWest Airlines offers scheduled passenger service to destinations in the United States, Canada and Mexico. The Company's flights are operated as United Express, Delta Connection, American Eagle or Alaska Airlines flights under code-share agreements with United Airlines, Inc., Delta Air Lines, Inc., American Airlines, Inc. or Alaska Airlines, Inc., respectively. SkyWest Airlines has a fleet of approximately 500 aircraft. SkyWest Charter, LLC (SWC) offers on-demand charter service using CRJ200 aircraft in a 30-seat configuration. SkyWest Leasing finances new aircraft with debt under its capacity purchase agreements, consisting of its E175 aircraft. SkyWest Leasing is also engaged in leasing aircraft and engines to third parties.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

979.94M

+13.01%

2.438

+33.93%

985.77M

+8%

2.430

+12.5%

976.66M

+3.42%

2.208

-5.66%

Estimates Revision

The market is revising Upward the revenue expectations for SkyWest, Inc. (SKYW) for FY2025, with the revenue forecasts being adjusted by 1.14% over the past three months. During the same period, the stock price has changed by -23.63%.

Revenue Estimates for FY2025

Revise Upward

+1.14%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.29%

In Past 3 Month

Stock Price

Go Down

-23.63%

In Past 3 Month

4 Analyst Rating

27.57% Upside

Wall Street analysts forecast SKYW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKYW is 113.75 USD with a low forecast of 97.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

0 Hold

0 Sell

Strong Buy

27.57% Upside

Current: 89.170

Low

97.00

Averages

113.75

High

125.00

27.57% Upside

Current: 89.170

Low

97.00

Averages

113.75

High

125.00

Goldman Sachs

Catherine O'Brien

Hold

Strong Buy

Upgrades

$119 → $117

2025-04-08

Reason

Goldman Sachs

Catherine O'Brien

Price Target

$119 → $117

2025-04-08

Upgrades

Hold

Strong Buy

Reason

Raymond James

Savanthi Syth

Buy

Maintains

$130 → $125

2025-04-02

Reason

Raymond James

Savanthi Syth

Price Target

$130 → $125

2025-04-02

Maintains

Buy

Reason

Raymond James analyst Savanthi Syth lowered the firm's price target on SkyWest to $125 from $130 and keeps an Outperform rating on the shares. SkyWest has a strong balance sheet and significant unpledged assets, along with improving earnings momentum and an attractive valuation, the analyst tells investors in a research note. The firm believes that the weaker Q1 stock performance in part reflects fears on the earnings impact if partners pull down flying on the back of weaker demand alongside unexpected market weakness.

Raymond James

Savanthi Syth

Buy

Reiterates

$120 → $130

2025-01-31

Reason

Raymond James

Savanthi Syth

Price Target

$120 → $130

2025-01-31

Reiterates

Buy

Reason

Raymond James

Savanthi Syth

Buy

Maintains

$114 → $120

2024-12-30

Reason

Raymond James

Savanthi Syth

Price Target

$114 → $120

2024-12-30

Maintains

Buy

Reason

Raymond James raised the firm's price target on SkyWest to $120 from $114 and keeps an Outperform rating on the shares as part of a Q4 earnings preview for the airlines. The target bump reflects a modest increase in applied multiples and the shift to a 2025 base period, the analyst tells investors in a research note. The firm e believes Alaska, Allegiant, JetBlue and American are best positioned into the Q4 reports, while on a medium to long-term basis Delta remains its top pick given an attractive risk/reward dynamic.

Goldman Sachs

Catherine O'Brien

Hold

Initiates

$119

2024-11-15

Reason

Goldman Sachs

Catherine O'Brien

Price Target

$119

2024-11-15

Initiates

Hold

Reason

TD Cowen

Helane Becker

Strong Buy

Maintains

$95 → $120

2024-11-05

Reason

TD Cowen

Helane Becker

Price Target

$95 → $120

2024-11-05

Maintains

Strong Buy

Reason

TD Cowen raised the firm's price target on SkyWest to $120 from $95 and keeps a Buy rating on the shares. The firm said they reported another set of impressive results and management raised guidance for FY24 EPS and expects FY25 EPS above prior consensus estimates.

See All Ratings

Valuation Metrics

The current forward P/E ratio for SkyWest Inc (SKYW.O) is 9.38, compared to its 5-year average forward P/E of -49.35. For a more detailed relative valuation and DCF analysis to assess SkyWest Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-49.35

Current PE

9.38

Overvalued PE

188.57

Undervalued PE

-287.27

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

6.10

Current EV/EBITDA

5.64

Overvalued EV/EBITDA

6.76

Undervalued EV/EBITDA

5.43

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.69

Current PS

0.90

Overvalued PS

0.94

Undervalued PS

0.45