(SKYW) SkyWest - Ratings and Ratios

SkyWest, Inc. operates as a leading regional airline in the United States, managing its services through subsidiaries. The company is structured into two main segments: SkyWest Airlines and SWC, as well as SkyWest Leasing. Beyond passenger services, SkyWest engages in leasing regional jet aircraft and spare engines to other carriers. Additionally, they offer on-demand charter services, airport customer services, and ground handling, diversifying their revenue streams. As of December 31, 2024, SkyWests fleet comprises 624 aircraft, including Bombardier CRJ and Embraer E-Jets, enabling approximately 2,190 daily departures across the U.S., Canada, and Mexico. Incorporated in 1972, the company is headquartered in Saint George, Utah.

As a major regional carrier, SkyWest has established partnerships with significant airlines such as Delta Air Lines, United Airlines, and American Airlines, underscoring its integral role in the industry. These partnerships allow SkyWest to operate flights under the brands of these major carriers, connecting passengers to various destinations. Beyond passenger services, SkyWest also operates cargo flights, contributing to the logistics sector. Their ground handling services encompass a range of activities, including baggage handling and aircraft servicing, ensuring efficient operations at airports.

Looking ahead, the 3-month forecast for SkyWest, Inc. (NASDAQ:SKYW) is based on both technical and fundamental data. Technically, the stocks short-term trend may face resistance at the SMA 50 (90.52) and SMA 200 (93.68) levels, with the SMA 20 (85.74) indicating a potential downtrend. The ATR of 4.68 suggests moderate volatility. Fundamentally, with a P/E ratio of 10.06 and a P/B ratio of 1.48, the stock appears fairly valued, supported by a strong RoE of 15.08, indicating solid profitability. These factors suggest that SKYW may experience stability with potential for growth, driven by sustained operational performance and possible expansion of its partnerships.