- SkyWest (SKYW, Financial) anticipates a strong year-over-year revenue increase in its upcoming first-quarter earnings report.
- Analysts suggest a significant potential upside for SkyWest's stock price over the next year.
- Despite growth forecasts, GuruFocus estimates indicate a potential downside based on historical valuation metrics.
SkyWest (SKYW) is gearing up to report its first-quarter earnings on April 24. The consensus anticipates an earnings per share (EPS) of $2.05, coupled with a revenue forecast of $946.85 million, representing an impressive 17.8% increase compared to the previous year. In recent months, EPS and revenue estimates have been revised upward three times, though there has also been one downward adjustment for each metric.
Wall Street Analysts Forecast
According to one-year price targets set by five financial analysts, the average target price for SkyWest Inc (SKYW, Financial) is $114.20. Estimates range from a high of $130.00 to a low of $97.00, suggesting a potential upside of 31.28% from the current price of $86.99. For more comprehensive estimate data, visit the SkyWest Inc (SKYW) Forecast page.
The consensus among five brokerage firms currently rates SkyWest Inc (SKYW, Financial) at 2.2, pointing to an "Outperform" status. This rating scale runs from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
Understanding GuruFocus Metrics
GuruFocus metrics provide a different perspective. The estimated GF Value for SkyWest Inc (SKYW, Financial) in the coming year is $65.06, which suggests a potential downside of 25.21% from the current price of $86.99. The GF Value is GuruFocus' assessment of the stock's fair value, calculated through analysis of historical trading multiples, past business growth, and future performance projections. For an in-depth analysis, refer to the SkyWest Inc (SKYW) Summary page.
