What is Wall Street's Target Price for SkyWest Inc (SKYW) Stock Friday?

Analysts who follow SkyWest Inc (SKYW) on average expect it to rise 11.62% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns SkyWest Inc an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating SKYW a Hold today. Find out what this means to you and get the rest of the rankings on SKYW!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With SkyWest Inc Stock Today?

SkyWest Inc (SKYW) stock has gained 1.06% while the S&P 500 is lower by -0.11% as of 12:07 PM on Friday, Mar 24. SKYW is up $0.19 from the previous closing price of $18.39 on volume of 179,490 shares. Over the past year the S&P 500 has fallen -12.74% while SKYW is lower by -33.70%. SKYW earned $1.44 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.91. Click Here to get the full Stock Report for SkyWest Inc stock.