Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $88.07 in the prior trading day, Skywest Inc (NASDAQ: SKYW) closed at $81.46, down -7.51%. In other words, the price has decreased by -$7.51 from its previous closing price. On the day, 0.83 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SKYW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 0.92.
On November 05, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $95 to $120.
TD Cowen reiterated its Buy rating for the stock on June 04, 2024, while the target price for the stock was revised from $85 to $95.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 18 ’25 when Wooley Greg sold 14,545 shares for $105.73 per share. The transaction valued at 1,537,889 led to the insider holds 68,737 shares of the business.
Wooley Greg bought 14,545 shares of SKYW for $1,537,889 on Feb 18 ’25. On Feb 10 ’25, another insider, SIMMONS ROBERT J, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 6,000 shares for $113.57 each. As a result, the insider received 681,401 and left with 175,067 shares of the company.
Valuation Measures:
As of this moment, Skywest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.48, and their Forward P/E ratio for the next fiscal year is 7.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.36.
Stock Price History:
Over the past 52 weeks, SKYW has reached a high of $135.57, while it has fallen to a 52-week low of $64.30. The 50-Day Moving Average of the stock is -23.32%, while the 200-Day Moving Average is calculated to be -11.73%.
Shares Statistics:
A total of 40.33M shares are outstanding, with a floating share count of 38.83M. Insiders hold about 3.73% of the company’s shares, while institutions hold 92.02% stake in the company.
