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SkyWest, Inc is an airlines business based in the US. SkyWest shares (SKYW) are listed on the NASDAQ and all prices are listed in US Dollars. SkyWest employs 14,000 staff and has a trailing 12-month revenue of around USD$2.6 billion.
Since the stock market crash in March caused by coronavirus, SkyWest's share price has had significant negative movement.
Its last market close was USD$30.49, which is 45.04% down on its pre-crash value of USD$55.48 and 188.19% up on the lowest point reached during the March crash when the shares fell as low as USD$10.58.
If you had bought USD$1,000 worth of SkyWest shares at the start of February 2020, those shares would have been worth USD$376.40 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$550.95.
|Latest market close||USD$30.49|
|52-week range||USD$10.58 - USD$66.0484|
|50-day moving average||USD$32.1934|
|200-day moving average||USD$30.5656|
|Wall St. target price||USD$43.86|
|Dividend yield||USD$0.56 (2.06%)|
|Earnings per share (TTM)||USD$3.317|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-14)||N/A|
|1 month (2020-10-23)||-9.63%|
|3 months (2020-08-21)||1.63%|
|6 months (2020-05-22)||8.20%|
|1 year (2019-11-22)||-50.58%|
|2 years (2018-11-21)||-42.81%|
|3 years (2017-11-22)||-39.50%|
|5 years (2015-11-21)||N/A|
Valuing SkyWest stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SkyWest's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
SkyWest's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, SkyWest shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
SkyWest's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.02. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SkyWest's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
SkyWest's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$765 million.
The EBITDA is a measure of a SkyWest's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.6 billion|
|Operating margin TTM||12.91%|
|Gross profit TTM||USD$1.1 billion|
|Return on assets TTM||3.12%|
|Return on equity TTM||8.02%|
|Market capitalisation||USD$1.6 billion|
TTM: trailing 12 months
There are currently 1.5 million SkyWest shares held short by investors – that's known as SkyWest's "short interest". This figure is 7.9% down from 1.6 million last month.
There are a few different ways that this level of interest in shorting SkyWest shares can be evaluated.
SkyWest's "short interest ratio" (SIR) is the quantity of SkyWest shares currently shorted divided by the average quantity of SkyWest shares traded daily (recently around 509021.67832168). SkyWest's SIR currently stands at 2.86. In other words for every 100,000 SkyWest shares traded daily on the market, roughly 2860 shares are currently held short.
However SkyWest's short interest can also be evaluated against the total number of SkyWest shares, or, against the total number of tradable SkyWest shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SkyWest's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 SkyWest shares in existence, roughly 30 shares are currently held short) or 0.0411% of the tradable shares (for every 100,000 tradable SkyWest shares, roughly 41 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against SkyWest.
Find out more about how you can short SkyWest stock.
Dividend payout ratio: 7.88% of net profits
Recently SkyWest has paid out, on average, around 7.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SkyWest shareholders could enjoy a 2.06% return on their shares, in the form of dividend payments. In SkyWest's case, that would currently equate to about $0.56 per share.
While SkyWest's payout ratio might seem low, this can signify that SkyWest is investing more in its future growth.
SkyWest's most recent dividend payout was on 6 April 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 March 2020 (the "ex-dividend date").
SkyWest's shares were split on a 2:1 basis on 18 December 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your SkyWest shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for SkyWest shares which in turn could have impacted SkyWest's share price.
Over the last 12 months, SkyWest's shares have ranged in value from as little as $10.58 up to $66.0484. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while SkyWest's is 1.8985. This would suggest that SkyWest's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also engages into leasing aircraft and spare engines to third parties. As of December 31, 2019, the company provided scheduled passenger and air freight services with approximately 2,300 total daily departures to various destinations in the United States, Canada, Mexico, and provides airport customer and ground handling services for other airlines throughout its system. SkyWest, Inc. was founded in 1972 and is headquartered in St. George, Utah.
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