Skywest Inc (NASDAQ: SKYW) is -3.26% lower on its value in year-to-date trading and has touched a low of $64.61 and a high of $135.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SKYW stock was last observed hovering at around $96.43 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $96.87, the stock is -3.38% and 1.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.46% at the moment leaves the stock -0.77% off its SMA200. SKYW registered 26.17% gain for a year compared to 6-month loss of -9.13%.
The stock witnessed a -4.89% gain in the last 1 month and extending the period to 3 months gives it a 7.10%, and is -3.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.35% over the week and 1.84% over the month.
Skywest Inc (SKYW) has around 14610 employees, a market worth around $3.92B and $3.67B in sales. Current P/E ratio is 11.09 and Fwd P/E is 9.26. Profit margin for the company is 9.89%. Distance from 52-week low is 49.93% and -28.55% from its 52-week high. The company has generated returns on investments over the last 12 months (7.88%).
The EPS is expected to grow by 20.31% this year
The shares outstanding are 40.56M, and float is at 39.00M with Short Float at 3.10%.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.27 million shares valued at $514.6 million. The investor’s holdings represent 15.6057 of the SKYW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.82 million shares valued at $395.24 million to account for 11.986 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.33 million shares representing 8.2927 and valued at over $273.45 million, while PACER ADVISORS, INC. holds 5.6059 of the shares totaling 2.25 million with a market value of $184.86 million.
Skywest Inc (SKYW) Insider Activity
The most recent transaction is an insider sale by SIMMONS ROBERT J, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that SIMMONS ROBERT J sold 17,000 shares of the company’s common stock on Jun 03 ’25 at a price of $103.75 per share for a total of $1.76 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on May 28 ’25, Steel Wade J (CHIEF COMMERCIAL OFFICER) disposed off 15,000 shares at an average price of $101.02 for $1.52 million. The insider now directly holds 119,416 shares of Skywest Inc (SKYW).
