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SkyWest (NASDAQ:SKYW)‘s stock had its “equal weight” rating reiterated by equities researchers at Evercore Partners in a research report issued on Wednesday. They currently have a $9.00 target price on the stock, down from their previous target price of $12.00. Evercore Partners’ price objective would indicate a potential downside of 2.17% from the stock’s previous close.

A number of other analysts have also recently weighed in on SKYW. Analysts at Deutsche Bank reiterated a “hold” rating on shares of SkyWest in a research note on Thursday, August 7th. They now have a $10.00 price target on the stock, down previously from $15.00. Separately, analysts at Zacks downgraded shares of SkyWest from a “neutral” rating to an “underperform” rating in a research note on Thursday, August 7th. They now have a $7.60 price target on the stock. Finally, analysts at Imperial Capital cut their price target on shares of SkyWest from $12.00 to $10.00 in a research note on Thursday, August 7th. They now have an “in-line” rating on the stock. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. SkyWest currently has an average rating of “Hold” and a consensus price target of $10.43.

Shares of SkyWest (NASDAQ:SKYW) opened at 9.20 on Wednesday. SkyWest has a one year low of $8.41 and a one year high of $17.29. The stock has a 50-day moving average of $11.37 and a 200-day moving average of $12.09. The company’s market cap is $470.4 million.

SkyWest (NASDAQ:SKYW) last released its earnings data on Wednesday, August 6th. The company reported ($0.29) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.21) by $0.08. The company had revenue of $816.60 million for the quarter, compared to the consensus estimate of $800.20 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was down 2.7% on a year-over-year basis. On average, analysts predict that SkyWest will post $-0.18 earnings per share for the current fiscal year.

SkyWest, Inc (NASDAQ:SKYW) through subsidiaries, SkyWest Airlines, Inc (SkyWest Airlines) and ExpressJet Airlines, Inc (ExpressJet) operates the regional airline in the United States.

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