SkyWest (SKYW) Earns Daily Media Impact Rating of 0.15

Media headlines about SkyWest (NASDAQ:SKYW) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SkyWest earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 45.6467767791151 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

SkyWest (NASDAQ SKYW) traded up $0.50 during trading hours on Monday, reaching $51.30. 208,073 shares of the company’s stock traded hands, compared to its average volume of 338,352. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.24 and a quick ratio of 1.09. SkyWest has a 52-week low of $30.40 and a 52-week high of $52.95. The stock has a market cap of $2,633.60, a P/E ratio of 16.13 and a beta of 1.77.

SkyWest (NASDAQ:SKYW) last posted its earnings results on Wednesday, October 25th. The transportation company reported $1.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.03. SkyWest had a negative net margin of 4.15% and a positive return on equity of 11.87%. The firm had revenue of $831.93 million during the quarter, compared to the consensus estimate of $817.43 million. During the same period last year, the firm posted $0.90 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. sell-side analysts predict that SkyWest will post 3.32 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 29th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.32 annualized dividend and a yield of 0.62%. SkyWest’s dividend payout ratio (DPR) is currently -12.26%.

Several brokerages recently commented on SKYW. Cowen raised their price objective on shares of SkyWest from $40.00 to $44.00 and gave the company an “outperform” rating in a research note on Thursday, August 10th. ValuEngine upgraded shares of SkyWest from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 29th. Zacks Investment Research upgraded shares of SkyWest from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a report on Tuesday, October 3rd. Finally, Imperial Capital raised their target price on shares of SkyWest from $38.00 to $47.00 and gave the company an “in-line” rating in a report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $48.33.

In other news, CEO Russell A. Childs sold 1,766 shares of SkyWest stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $47.22, for a total transaction of $83,390.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Terry Vais sold 12,075 shares of SkyWest stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $51.52, for a total transaction of $622,104.00. The disclosure for this sale can be found here. Insiders have sold a total of 154,239 shares of company stock valued at $7,512,577 over the last 90 days. 3.50% of the stock is currently owned by insiders.

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SkyWest Company Profile

SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.

Insider Buying and Selling by Quarter for SkyWest (NASDAQ:SKYW)

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