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SkyWest was upgraded to the Zacks Rank #1 list on November 2, 2024. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors.
SkyWest, founded in 1972, is based in St. George, UT and operates as a regional airline in the United States through its subsidiary SkyWest Airlines.
For fiscal 2024, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.18 to $7.06 per share. SKYW boasts an average earnings surprise of 79.1%.
Analysts are expecting earnings to grow 816.9% for the current fiscal year, with revenue forecasted to rise 17.1%.
SKYW has been moving higher over the past four weeks as well, up 16% compared to the S&P 500's loss of 0.5%.
With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, SkyWest could be just the stock to help your portfolio generate returns that could fund your retirement, your kids' college tuition, or your short- and long-term savings goals.
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SkyWest, Inc. (SKYW) : Free Stock Analysis Report
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