SkyWest (NASDAQ:SKYW) Stock Moved Down to Hold by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft downgraded shares of SkyWest (NASDAQ:SKYW) from a buy rating to a hold rating in a research report report published on Friday morning, Marketbeat reports. The brokerage currently has $105.00 price target on the transportation company’s stock.

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

SkyWest Stock Down 14.7%

SKYW opened at $82.33 on Friday. SkyWest has a fifty-two week low of $77.89 and a fifty-two week high of $117.72. The business has a 50-day moving average of $96.46 and a 200-day moving average of $96.13. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.46. The company has a market capitalization of $3.20 billion, a PE ratio of 9.62, a price-to-earnings-growth ratio of 1.40 and a beta of 1.47.

SkyWest (NASDAQ:SKYW) last announced its quarterly earnings results on Thursday, October 29th. The transportation company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.07 by $0.01. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.14 billion. SkyWest had a return on equity of 14.60% and a net margin of 9.70%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 EPS. Equities research analysts forecast that SkyWest will post 10.58 EPS for the current fiscal year.

SkyWest announced that its Board of Directors has authorized a share repurchase program on Thursday, July 23rd that authorizes the company to repurchase $250 million in outstanding shares. This repurchase authorization authorizes the transportation company to purchase up to 6.6% of its shares through open market purchases. Share repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling at SkyWest

In other news, insider Wade Steel sold 22,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $111.44, for a total transaction of $2,451,680.00. Following the completion of the sale, the insider owned 55,438 shares in the company, valued at approximately $6,178,010.72. This represents a 28.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Vise Technologies Inc. raised its position in shares of SkyWest by 48.4% in the third quarter. Vise Technologies Inc. now owns 3,507 shares of the transportation company’s stock valued at $340,000 after purchasing an additional 1,143 shares during the period. Summit Global Investments lifted its stake in shares of SkyWest by 13.9% in the third quarter. Summit Global Investments now owns 13,444 shares of the transportation company’s stock worth $1,303,000 after buying an additional 1,642 shares during the last quarter. State of Wyoming lifted its stake in shares of SkyWest by 25.8% in the third 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 last quarter. Soltis Investment Advisors LLC boosted its holdings in shares of SkyWest by 0.5% during the 3rd quarter. Soltis Investment Advisors LLC now owns 21,539 shares of the transportation company’s stock worth $2,088,000 after buying an additional 107 shares during the period. Finally, Choreo LLC boosted its holdings in shares of SkyWest by 11.3% during the 3rd quarter. Choreo LLC now owns 2,901 shares of the transportation company’s stock worth $281,000 after buying an additional 294 shares during the period. 81.30% of the stock is owned by institutional investors.

Key Headlines Impacting SkyWest

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: SkyWest reported third-quarter EPS of $3.08, slightly above the $3.07 FactSet consensus, while EPS increased from $2.81 a year earlier. Quarterly net income reached approximately $120 million. SkyWest Q3 EPS Results
• Positive Sentiment: Revenue rose 6.4% year over year to $1.12 billion, and profitability metrics remained solid, including a 9.78% net margin and 14.58% return on equity. SkyWest Third-Quarter Results
• Neutral Sentiment: Management expects 2026 EPS of approximately $10.60 and is targeting 1%-2% block-hour growth in 2027, suggesting continued expansion but at a relatively moderate pace. SkyWest 2026 EPS and 2027 Growth Outlook
• Negative Sentiment: SkyWest lowered its 2026 guidance, changing the investment story from one centered on stronger growth to one emphasizing more limited near-term earnings and capacity expansion. The revision raised concerns about future upside. How Lowered 2026 Guidance Changed SkyWest’s Investment Story
• Negative Sentiment: Deutsche Bank downgraded SKYW from Buy to Hold and reduced its price target from $130 to $105. Although the revised target still implies potential upside, the downgrade signals reduced confidence after the guidance update. Deutsche Bank Downgrades SkyWest
• Negative Sentiment: Revenue fell short of the broader $1.14 billion analyst estimate, and some data providers characterized EPS as missing their consensus forecast of $3.13. This mixed earnings picture likely amplified the market’s reaction to the weaker outlook. SkyWest Q3 Earnings and Revenue Analysis

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.