Skywest Stock Quote Today

SKYW
 Stock
  

USD 24.11  0.45  1.90%   

Market Performance
0 of 100
Odds Of Distress
Less than 47
Skywest is selling for under 24.11 as of the 13th of August 2022; that is 1.90 percent up since the beginning of the trading day. The stock's lowest day price was 23.56. Skywest has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Skywest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of May 2022 and ending today, the 13th of August 2022. Click here to learn more.
CUSIP
830879102
Fiscal Year End
December
Business Domain
Transportation
IPO Date
26th of March 1990
Category
Industrials
Classification
Industrials
ISIN
US8308791024
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. Skywest operates under Airlines classification in the United States and is traded on NASDAQ Exchange. The company has 50.52 M outstanding shares of which 2.08 M shares are at this time shorted by private and institutional investors with about 4.79 trading days to cover. More on Skywest

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Follow Valuation Options Odds of Bankruptcy
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Skywest Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Skywest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Skywest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Skywest generated a negative expected return over the last 90 days
Skywest has high historical volatility and very poor performance
Over 87.0% of the company shares are owned by institutional investors
Latest headline from www.valuewalk.com: These Are The Five Best And Worst Performing Airlines Stocks In 2022 - ValueWalk
CEO and PresRussell Childs
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering Skywest report their recommendations after researching Skywest's financial statements, talking to executives and customers, or listening in on Skywest's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Skywest. The Skywest consensus assessment is calculated by taking the average forecast from all of the analysts covering Skywest.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Skywest based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Skywest financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares56.4 M50.3 M
Moderately Up
Decreasing
Very volatile
Weighted Average Shares Diluted56.9 M50.8 M
Moderately Up
Decreasing
Very volatile
Net Cash Flow from Operations897.5 M831.8 M
Significantly Up
Increasing
Slightly volatile
Total AssetsB7.1 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities4.1 B4.9 B
Fairly Down
Increasing
Slightly volatile
Current Assets1.2 B1.1 B
Fairly Up
Decreasing
Slightly volatile
Current Liabilities958.2 M1.2 B
Significantly Down
Increasing
Slightly volatile
Total Debt1.9 B2.3 B
Significantly Down
Increasing
Slightly volatile
Return on Average Assets1.631.5972
Fairly Up
Increasing
Stable
Gross Margin56.7859.7232
Notably Down
Increasing
Slightly volatile
Asset Turnover0.560.3873
Way Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Skywest's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Skywest's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Skywest's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Skywest's financial leverage. It provides some insight into what part of Skywest's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Skywest's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Skywest deploys its capital and how much of that capital is borrowed.
Liquidity
Skywest cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.5 B in liabilities with Debt to Equity (D/E) ratio of 1.49, which is about average as compared to similar companies. Skywest has a current ratio of 0.99, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Skywest until it has trouble settling it off, either with new capital or with free cash flow. So, Skywest's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Skywest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Skywest to invest in growth at high rates of return. When we think about Skywest's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

897.49 Million
Skywest (SKYW) is traded on NASDAQ Exchange in USA and employs 15,205 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Skywest's market, we take the total number of its shares issued and multiply it by Skywest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Skywest conducts business under Industrials sector and is part of Airlines industry. The entity has 50.52 M outstanding shares of which 2.08 M shares are at this time shorted by private and institutional investors with about 4.79 trading days to cover. Skywest currently holds about 974.68 M in cash with 548.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.27.
Check Skywest Probability Of Bankruptcy
Ownership
Skywest shows a total of fifty million five hundred twenty thousand outstanding shares. The majority of Skywest outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Skywest to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Skywest. Please pay attention to any change in the institutional holdings of Skywest as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Skywest Ownership Details

Skywest Stock Price Odds Analysis

What are Skywest's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Skywest jumping above the current price in 90 days from now is about 38.7%. The Skywest probability density function shows the probability of Skywest stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.701. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Skywest will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Skywest is significantly underperforming DOW.
  Odds Below 24.11HorizonTargetOdds Above 24.11
61.14%90 days
 24.11 
38.70%
Based on a normal probability distribution, the odds of Skywest to move above the current price in 90 days from now is about 38.7 (This Skywest probability density function shows the probability of Skywest Stock to fall within a particular range of prices over 90 days) .

Skywest Historical Income Statement

Skywest Income Statement is one of the three primary financial statements used for reporting Skywest's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Skywest revenue and expense. Skywest Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Skywest Direct Expenses is fairly stable at the moment as compared to the past year. Skywest reported Direct Expenses of 1.09 Billion in 2021. Cost of Revenue is likely to climb to about 1.5 B in 2022, whereas Earning Before Interest and Taxes EBIT is likely to drop (201.4 M) in 2022. View More Fundamentals

Skywest Stock Against Markets

Picking the right benchmark for Skywest stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Skywest stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Skywest is critical whether you are bullish or bearish towards Skywest at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Skywest without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Skywest Corporate Directors

Skywest corporate directors refer to members of a Skywest board of directors. The board of directors generally takes responsibility for the Skywest's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Skywest's board members must vote for the resolution. The Skywest board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ronald Mittelstaedt - DirectorProfile
Henry Eyring - Independent DirectorProfile
Steven UdvarHazy - Lead Independent DirectorProfile
Meredith Madden - Independent DirectorProfile

Invested in Skywest?

You need to understand the risk of investing before taking a position in Skywest. The danger of trading Skywest is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Skywest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Skywest. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Skywest is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Skywest information on this page should be used as a complementary analysis to other Skywest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Skywest price analysis, check to measure Skywest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skywest is operating at the current time. Most of Skywest's value examination focuses on studying past and present price action to predict the probability of Skywest's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Skywest's price. Additionally, you may evaluate how the addition of Skywest to your portfolios can decrease your overall portfolio volatility.
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Is Skywest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skywest. If investors know Skywest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skywest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.12
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0166
Return On Equity
0.0373
The market value of Skywest is measured differently than its book value, which is the value of Skywest that is recorded on the company's balance sheet. Investors also form their own opinion of Skywest's value that differs from its market value or its book value, called intrinsic value, which is Skywest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skywest's market value can be influenced by many factors that don't directly affect Skywest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skywest's value and its price as these two are different measures arrived at by different means. Investors typically determine Skywest value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skywest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.