SkyWest (SKYW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
A record number of Americans will travel this Independence Day, which bodes well for SkyWest (SKYW), Royal Caribbean Cruises (RCL) and Hilton Worldwide (HLT).
Upbeat air travel demand is likely to keep airline stocks like SkyWest (SKYW), United Airlines (UAL) and Alaska Air (ALK) in good shape in the second half of 2024.
Finding the right transportation stocks to buy is more crucial than ever in today's interconnected global economy. That's because reliable transportation systems form the backbone of trade and mobility, making them indispensable to making money.
SkyWest owns SkyWest Airlines and SkyWest Leasing, with nearly 500 aircraft connecting millions of travelers to over 200 destinations across North America. SkyWest emerged as the strongest American regional airline post-pandemic, with improved asset utilization leading to revenue growth and margin expansion. Despite being in a mature industry, SkyWest still has growth opportunities for the business. It expects 100 65-76 seat aircraft to be made available by its mainline partners and should.
In the latest trading session, SkyWest (SKYW) closed at $81.85, marking a +1.54% move from the previous day.
SkyWest (SKYW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SkyWest (SKYW) reachead $79.44 at the closing of the latest trading day, reflecting a -0.4% change compared to its last close.
Here is how SkyWest (SKYW) and United Airlines (UAL) have performed compared to their sector so far this year.
SkyWest (SKYW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?