Recent Research Analysts’ Ratings Changes for SkyWest (SKYW)

A number of research firms have changed their ratings and price targets for SkyWest (NASDAQ: SKYW):

  • 1/24/2018 – SkyWest had its price target raised by analysts at Raymond James Financial, Inc. from $62.00 to $65.00. They now have a “strong-buy” rating on the stock.
  • 1/11/2018 – SkyWest was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $57.00 price target on the stock. According to Zacks, “SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest continues to set the standard for excellence across the regional industry with unmatched value for customers, shareholders and its nearly 17,000 employees. “
  • 1/10/2018 – SkyWest was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest continues to set the standard for excellence across the regional industry with unmatched value for customers, shareholders and its nearly 17,000 employees. “
  • 1/9/2018 – SkyWest had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $60.00 price target on the stock.
  • 1/6/2018 – SkyWest was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 12/31/2017 – SkyWest was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 12/15/2017 – SkyWest was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

SkyWest, Inc. (NASDAQ SKYW) opened at $54.90 on Monday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.09 and a current ratio of 1.24. The stock has a market cap of $2,846.16, a PE ratio of -21.03 and a beta of 1.77. SkyWest, Inc. has a one year low of $30.40 and a one year high of $55.93.

The business also recently announced a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Friday, December 29th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend was Thursday, December 28th. SkyWest’s dividend payout ratio is currently -12.26%.

In other SkyWest news, CEO Russell A. Childs sold 1,766 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $47.22, for a total transaction of $83,390.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Terry Vais sold 12,075 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $51.52, for a total transaction of $622,104.00. The disclosure for this sale can be found here. Insiders have sold a total of 155,739 shares of company stock worth $7,582,402 in the last 90 days. Company insiders own 3.50% of the company’s stock.

SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.

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