Skywest Inc’s (NASDAQ:SKYW) Sentiment is 0.82

May 17, 2018 - By James Guidry

Sentiment for Skywest Inc (NASDAQ:SKYW)

Skywest Inc (NASDAQ:SKYW) institutional sentiment decreased to 0.82 in Q4 2017. Its down -0.11, from 0.93 in 2017Q3. The ratio is negative, as 80 institutional investors increased or opened new stock positions, while 97 sold and trimmed stakes in Skywest Inc. The institutional investors in our partner’s database now possess: 46.52 million shares, down from 46.63 million shares in 2017Q3. Also, the number of institutional investors holding Skywest Inc in their top 10 stock positions increased from 1 to 2 for an increase of 1. Sold All: 22 Reduced: 75 Increased: 45 New Position: 35.

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company has market cap of $3.01 billion. As of December 31, 2016, it provided scheduled passenger and air freight services with approximately 3,160 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean; and had a fleet of 652 aircraft. It has a 7.16 P/E ratio. The firm operates its flights as Delta Connection, United Express, American Eagle, or Alaska under code-share arrangements.

The stock increased 0.43% or $0.25 during the last trading session, reaching $57.85. About 125,890 shares traded. SkyWest, Inc. (NASDAQ:SKYW) has risen 55.59% since May 17, 2017 and is uptrending. It has outperformed by 44.04% the S&P500.

Analysts await SkyWest, Inc. (NASDAQ:SKYW) to report earnings on July, 26. They expect $1.22 EPS, up 28.42 % or $0.27 from last year’s $0.95 per share. SKYW’s profit will be $63.50M for 11.85 P/E if the $1.22 EPS becomes a reality. After $1.03 actual EPS reported by SkyWest, Inc. for the previous quarter, Wall Street now forecasts 18.45 % EPS growth.

Towle & Co holds 6.03% of its portfolio in SkyWest, Inc. for 1.15 million shares. U S Global Investors Inc owns 77,877 shares or 1.88% of their US portfolio. Moreover, Oberweis Asset Management Inc has 1.63% invested in the company for 130,910 shares. The California-based Phocas Financial Corp. has invested 1.25% in the stock. Rwc Asset Management Llp, a United Kingdom-based fund reported 285,000 shares.

Since January 1, 0001, it had 0 insider buys, and 3 sales for $2.78 million activity.

SkyWest, Inc. (NASDAQ:SKYW) Ratings Coverage

Ratings analysis reveals 67% of SkyWest’s analysts are positive. Out of 3 Wall Street analysts rating SkyWest, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $55 while the high is $65.0. The stock’s average target of $62.67 is 8.33% above today’s ($57.85) share price. SKYW was included in 7 notes of analysts from December 11, 2017. The firm has “Buy” rating given on Monday, December 11 by Raymond James. The firm has “In-Line” rating given on Tuesday, February 6 by Imperial Capital. The firm has “Buy” rating by Cowen & Co given on Friday, April 27. As per Monday, January 8, the company rating was maintained by Cowen & Co. The stock of SkyWest, Inc. (NASDAQ:SKYW) earned “Buy” rating by Raymond James on Wednesday, January 24. The rating was maintained by Cowen & Co with “Buy” on Friday, February 2.

More important recent SkyWest, Inc. (NASDAQ:SKYW) news were published by: Seekingalpha.com which released: “SkyWest up 8% post Q1 results” on April 27, 2018, also Seekingalpha.com published article titled: “SkyWest’s (SKYW) CEO Chip Childs on Q1 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Factors of Influence in 2018, Key Indicators and Opportunity within Bottomline Technologies, SkyWest, Pacific …” on April 27, 2018. More interesting news about SkyWest, Inc. (NASDAQ:SKYW) was released by: Investorplace.com and their article: “5 Stocks to Skyrocket on Record Memorial Day Travel” with publication date: May 16, 2018.

SkyWest, Inc. (NASDAQ:SKYW) Institutional Positions Chart

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