SkyWest Inc

Company Profile

SkyWest Inc had its IPO on 1990-03-26 under the ticker symbol SKYW.

The company operates in the Industrials sector and Airlines industry. SkyWest Inc has a staff strength of 13,582 employees.

Stock update

Shares of SkyWest Inc opened at $43.81 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.2 - $44.16, and closed at $43.27.

This is a -1.23% slip from the previous day's closing price.

A total volume of 325,857 shares were traded at the close of the day’s session.

In the last one week, shares of SkyWest Inc have slipped by -2.5%.

SkyWest Inc's Key Ratios

SkyWest Inc has a market cap of $1.84 billion, indicating a price to book ratio of 0.3901 and a price to sales ratio of 0.2945.

In the last 12-months SkyWest Inc’s revenue was $2.89 billion with a gross profit of $893.86 million and an EBITDA of $453.54 million. The EBITDA ratio measures SkyWest Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, SkyWest Inc’s operating margin was 2.34% while its return on assets stood at 0.59% with a return of equity of -0.24%.

In Q2, SkyWest Inc’s quarterly earnings growth was a negative -67.2% while revenue growth was a negative 9.2%.

SkyWest Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

1.02

Its diluted EPS in the last 12-months stands at $-0.12 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.02. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into SkyWest Inc’s profitability.

SkyWest Inc stock is trading at a EV to sales ratio of 1.1396 and a EV to EBITDA ratio of 12.6001. Its price to sales ratio in the trailing 12-months stood at 0.2945.

SkyWest Inc stock pays annual dividends of $0 per share, indicating a yield of 2.06% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$7.12 billion

Total Liabilities

$1.17 billion

Operating Cash Flow

$66.96 million

Capital Expenditure

$30.60 million

Dividend Payout Ratio

0%

SkyWest Inc ended 2024 with $7.12 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.12 billion while shareholder equity stood at $2.16 billion.

SkyWest Inc ended 2024 with $682.69 million in deferred long-term liabilities, $1.17 billion in other current liabilities, 744276000.00 in common stock, $2.23 billion in retained earnings and $0 in goodwill. Its cash balance stood at $114.43 million and cash and short-term investments were $862.35 million. The company’s total short-term debt was $442,155,000 while long-term debt stood at $2.74 billion.

SkyWest Inc’s total current assets stands at $1.18 billion while long-term investments were $0 and short-term investments were $862.35 million. Its net receivables were $104.71 million compared to accounts payable of $457.31 million and inventory worth $123.57 million.

In 2024, SkyWest Inc's operating cash flow was $66.96 million while its capital expenditure stood at $30.60 million.

Comparatively, SkyWest Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$43.27

52-Week High

$46.07

52-Week Low

$14.76

Analyst Target Price

$35.25

SkyWest Inc stock is currently trading at $43.27 per share. It touched a 52-week high of $46.07 and a 52-week low of $46.07. Analysts tracking the stock have a 12-month average target price of $35.25.

Its 50-day moving average was $41.9 and 200-day moving average was $27.99 The short ratio stood at 5.27 indicating a short percent outstanding of 0%.

Around 222.6% of the company’s stock are held by insiders while 8789.7% are held by institutions.