SkyWest (NASDAQ:SKYW) Hits New 12-Month Low – Should You Sell?

SkyWest, Inc. (NASDAQ:SKYW) hit a new 52-week low during mid-day trading on Saturday . The company traded as low as $85.24 and last traded at $86.09, with a volume of 846717 shares traded. The stock had previously closed at $92.75.

SkyWest News Summary

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: Q1 results beat consensus — SkyWest reported EPS of $2.50 and revenue of ~$1.01B, topping estimates and showing y/y revenue growth (operating cash flow also strengthened). Zacks: SkyWest Results Top Estimates
• Positive Sentiment: Short interest declined materially in April (down ~15.8% to ~1.19M shares), reducing one potential source of selling pressure and suggesting fewer bets against the stock in the near term.
• Positive Sentiment: SkyWest plans to launch the CRJ450 with United this fall — a fleet-expansion/contract win that supports future revenue growth and utilization. MSN: SkyWest trims 2026 EPS outlook, plans CRJ450 launch
• Neutral Sentiment: Management hosted an earnings call emphasizing growth opportunities amid headwinds; the tone was constructive but highlighted execution risks as costs rise. TipRanks: Earnings Call Highlights
• Neutral Sentiment: Detailed Q1 metrics were mixed — gross and operating profit declined y/y despite higher revenue; cash from operations rose while cash balances fell due to a sharp increase in capex, pointing to heavier investment that could support future growth but pressures near-term liquidity. Quiver: Q1 financial details
• Negative Sentiment: SkyWest trimmed its 2026 EPS outlook (management now anticipates GAAP EPS roughly in the $11 area), which, together with rising unit costs and softer passenger metrics, increases short-term earnings uncertainty. Seeking Alpha: 2026 EPS guidance
• Negative Sentiment: Industry/regional pressures: analysts and coverage note rising regional airline costs and weaker passenger metrics that trimmed operating margins — a key reason investors are selling into the beat. Investing.com: Costs rise

Analysts Set New Price Targets

SKYW has been the subject of several recent research reports. Cantor Fitzgerald set a $122.00 target price on SkyWest in a report on Monday, January 26th. Citigroup cut their price target on SkyWest from $112.00 to $101.00 and set a “neutral” rating on the stock in a report on Friday, March 20th. TD Cowen reduced their price objective on SkyWest from $122.00 to $106.00 and set a “buy” rating for the company in a research report on Friday, April 17th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of SkyWest in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $119.80.

SkyWest Price Performance

The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.55 and a current ratio of 0.65. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 8.25, a price-to-earnings-growth ratio of 1.28 and a beta of 1.63. The business’s 50 day simple moving average is $95.56 and its 200-day simple moving average is $98.75.

SkyWest (NASDAQ:SKYW) last released its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.35. SkyWest had a return on equity of 15.64% and a net margin of 10.42%.The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $993.06 million. During the same quarter in the previous year, the company posted $2.42 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Research analysts anticipate that SkyWest, Inc. will post 11.1 earnings per share for the current year.

Insiders Place Their Bets

In other SkyWest news, insider Wade J. Steel sold 20,629 shares of SkyWest stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $106.53, for a total transaction of $2,197,607.37. Following the sale, the insider owned 77,438 shares of the company’s stock, valued at $8,249,470.14. The trade was a 21.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its stake in shares of SkyWest by 480.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 216 shares in the last quarter. Transamerica Financial Advisors LLC grew its position in SkyWest by 273.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 269 shares of the transportation company’s stock valued at $27,000 after buying an additional 197 shares in the last quarter. Salomon & Ludwin LLC bought a new position in SkyWest in the 3rd quarter valued at about $38,000. Johnson Financial Group Inc. acquired a new position in SkyWest during the 3rd quarter valued at about $62,000. Finally, EverSource Wealth Advisors LLC increased its stake in SkyWest by 118.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 625 shares of the transportation company’s stock valued at $64,000 after buying an additional 339 shares during the period. Institutional investors own 81.30% of the company’s stock.

About SkyWest

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.