Home Sectors Industrials Buy or Sell: SkyWest (NASDAQ: SKYW)

Buy or Sell: SkyWest (NASDAQ: SKYW)

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SkyWest trades as part of the industrials sector and is in the airlines industry. The company CEO is Russell Childs. SkyWest Inc offers scheduled passenger service to destinations in the United States, Canada, Mexico and the Caribbean. It helps to connect major airlines and large hubs to smaller outlying cities.

Previous Intraday Trading Performance:

The SKYW stock showed a previous change of -0.74% with an open at 60.55 and a close of 60.20. It reached an intraday high of 60.85 and a low of 60.00.

PR Newswire:  SkyWest, Inc. Reports Combined July 2018 Traffic for SkyWest Airlines and ExpressJet Airlines

Liquidity:

The stock has a market cap of $3.1b with 52.1m shares outstanding, of which the float is 50.4m shares. Trading volume reached 114,345 shares compared to its average volume of 190,290 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, SkyWest shares returned 1.52% and in the past 30 trading days it returned 18.04%. Over three months, it changed 8.68%. In one year it has changed 65.65% and within that year its 52-week high was 62.45 and its 52-week low was 31.75. SKYW stock is 89.61% above its 52 Week Low.

Our calculations show a 200 day moving average of 54.19 and a 50 day moving average of 56.20. Currently SKYW stock is trading 11.09% above its 200 day moving average.

SeekingAlpha:  Mesa Air Group IPO: Take To The Skies With This Regional Airline

Earnings:

The last annual fiscal EPS for the company was reported at 8.07 that ended on 31st of December 2017, which according to the previous close, that is a PE of 7.46. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.23. The TTM EPS is 4.28, which comes to a TTM PE of 14.07.

The following are the last four quarter reported earnings per share:
06-30-2018:  1.43
03-31-2018:  1.03
12-31-2017:  0.81
09-30-2017:  1.01

The dividend per share is currently 0.40, which is a dividend yield of 0.66%. Also, the payout ratio is 9.35%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 112.80, which means it is possibly undervalued and has a margin of safety of 46.63%

Indicators to Watch:

Based on the latest filings, there is 3.30% of insider ownership and 93.70% of institutional ownership. Short-interest is 514,099, which is 0.99% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.73. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.64

SeekingAlpha:  Mesa Air Group IPO: Take To The Skies With This Regional Airline

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 28.87%, return on assets is 8.41%, profit margin is 14.73%, price-to-sales is 0.98 and price-to-book is 1.70.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 4  :Past Performance Score
 3  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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