Somewhat Favorable Media Coverage Somewhat Unlikely to Affect SkyWest (SKYW) Share Price
Media coverage about SkyWest (NASDAQ:SKYW) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SkyWest earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 47.7256709805214 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Eaton Vance Management Acquires New Position in SkyWest, Inc. (SKYW) (americanbankingnews.com)
- Systematic Financial Management LP Sells 12,012 Shares of SkyWest, Inc. (SKYW) (americanbankingnews.com)
- Azul (AZUL) and SkyWest (SKYW) Head-To-Head Survey (americanbankingnews.com)
- SkyWest, Inc. (SKYW) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
- SkyWest, Inc. (SKYW) Shares Bought by Employees Retirement System of Texas (americanbankingnews.com)
Shares of SkyWest (NASDAQ SKYW) opened at $54.75 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.09 and a current ratio of 1.21. The company has a market capitalization of $2,837.76, a price-to-earnings ratio of 6.78 and a beta of 1.73. SkyWest has a 52 week low of $30.40 and a 52 week high of $58.55.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Friday, March 30th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.73%. This is a positive change from SkyWest’s previous quarterly dividend of $0.08. SkyWest’s dividend payout ratio (DPR) is presently 3.97%.
SKYW has been the topic of several research reports. Zacks Investment Research raised SkyWest from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a report on Wednesday, November 22nd. Imperial Capital upped their target price on SkyWest from $47.00 to $55.00 and gave the company an “in-line” rating in a report on Tuesday, February 6th. ValuEngine raised SkyWest from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. BidaskClub lowered SkyWest from a “strong-buy” rating to a “buy” rating in a report on Friday, December 15th. Finally, Raymond James Financial upped their target price on SkyWest from $62.00 to $65.00 and gave the company a “strong-buy” rating in a report on Wednesday, January 24th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $56.00.
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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.
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