SkyWest (NASDAQ:SKYW) Rating Lowered to “Hold” at Deutsche Bank Aktiengesellschaft

SkyWest (NASDAQ:SKYW) was downgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note issued on Friday, Briefing.com reports. They currently have a $105.00 target price on the transportation company’s stock. Deutsche Bank Aktiengesellschaft‘s target price indicates a potential upside of 8.76% from the stock’s current price.

SKYW has been the subject of a number of other reports. Cantor Fitzgerald set a $116.00 target price on shares of SkyWest in a research report on Friday, October 2nd. TD Cowen cut their price objective on shares of SkyWest from $123.00 to $116.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Weiss Ratings raised shares of SkyWest from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Finally, The Goldman Sachs Group cut SkyWest from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $126.00 to $115.00 in a report on Thursday, July 2nd. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SkyWest has a consensus rating of “Hold” and a consensus target price of $111.40.

SkyWest Stock Up 1.3%

SKYW stock opened at $96.54 on Friday. The firm’s fifty day simple moving average is $96.83 and its 200-day simple moving average is $96.21. The company has a market capitalization of $3.75 billion, a P/E ratio of 9.60, a price-to-earnings-growth ratio of 1.38 and a beta of 1.47. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.46. SkyWest has a 12 month low of $77.89 and a 12 month high of $117.72.

SkyWest (NASDAQ:SKYW) last announced its quarterly earnings results on Thursday, October 29th. The transportation company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.07 by $0.01. SkyWest had a return on equity of 14.58% and a net margin of 9.78%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the business earned $2.81 earnings per share. SkyWest’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, equities research analysts forecast that SkyWest will post 10.58 earnings per share for the current year.

SkyWest declared that its Board of Directors has initiated a stock repurchase program on Thursday, July 23rd that permits the company to buy back $250 million in outstanding shares. This buyback authorization permits the transportation company to reacquire up to 6.6% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Transactions at SkyWest

In other news, insider Wade Steel sold 22,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $111.44, for a total transaction of $2,451,680.00. Following the transaction, the insider directly owned 55,438 shares in the company, valued at $6,178,010.72. The trade was a 28.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On SkyWest

Several hedge funds have recently added to or reduced their stakes in the business. Vise Technologies Inc. boosted its stake in shares of SkyWest by 48.4% during the third quarter. Vise Technologies Inc. now owns 3,507 shares of the transportation company’s stock valued at $340,000 after acquiring an additional 1,143 shares during the last quarter. Summit Global Investments raised its stake in SkyWest by 13.9% during the third quarter. Summit Global Investments now owns 13,444 shares of the transportation company’s stock worth $1,303,000 after purchasing an additional 1,642 shares during the period. State of Wyoming raised its position in shares of SkyWest by 25.8% in the 3rd quarter. State of Wyoming now owns 2,114 shares of the transportation company’s stock worth $205,000 after buying an additional 434 shares during the period. Soltis Investment Advisors LLC boosted its holdings in SkyWest by 0.5% in the third quarter. Soltis Investment Advisors LLC now owns 21,539 shares of the transportation company’s stock valued at $2,088,000 after acquiring an additional 107 shares during the last quarter. Finally, Choreo LLC grew its position in SkyWest by 11.3% during the third quarter. Choreo LLC now owns 2,901 shares of the transportation company’s stock valued at $281,000 after acquiring an additional 294 shares during the period. 81.30% of the stock is currently owned by hedge funds and other institutional investors.

Key SkyWest News

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: Profitability improved. Third-quarter EPS rose to $3.08 from $2.81 a year earlier, while net income reached approximately $120 million. EPS narrowly exceeded the roughly $3.07 FactSet consensus estimate. SkyWest Third-Quarter Earnings Results
• Positive Sentiment: Management’s outlook supports the earnings case. SkyWest expects 2026 EPS of approximately $10.60 and is targeting 1%–2% block-hour growth in 2027. The guidance indicates continued earnings strength even as capacity expansion remains measured. SkyWest 2026 EPS and 2027 Block-Hour Outlook
• Positive Sentiment: Revenue continued to grow. Third-quarter revenue increased 6.4% year over year to about $1.12 billion, and coverage continues to characterize SkyWest as attractively valued after its substantial longer-term share-price gains. The stock’s reported price-to-earnings ratio near 9.6 may support the undervaluation argument if earnings remain durable. SkyWest Revenue and Profit Analysis
• Neutral Sentiment: The headline earnings result was mixed. Although EPS beat the FactSet estimate by one cent, another consensus measure cited by Zacks was $3.13, making the result a slight miss on that basis. Investors are therefore focused on the quality and durability of earnings growth rather than the small quarterly variance. SkyWest Third-Quarter Earnings and Revenue Analysis
• Negative Sentiment: Revenue missed expectations. The $1.12 billion reported was below the approximately $1.14 billion consensus forecast, while the limited 1%–2% planned block-hour growth suggests less near-term volume acceleration. SkyWest Earnings Flash

SkyWest Company Profile

SkyWest, Inc (NASDAQ: SKYW) is an airline holding company that operates regional passenger air service in the United States. Its primary subsidiary, SkyWest Airlines, connects smaller and midsized communities with larger airline hubs and provides scheduled flights under capacity-purchase agreements with major airline partners.

SkyWest Airlines operates flights under the United Express, Delta Connection and Alaska Airlines brands, serving destinations throughout the United States and select locations in Canada, Mexico and the Bahamas.