SkyWest, Inc. (NASDAQ:SKYW) COO Terry Vais sold 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, August 21st. The shares were sold at an average price of $64.43, for a total value of $103,088.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Terry Vais also recently made the following trade(s):

  • On Tuesday, July 31st, Terry Vais sold 8,241 shares of SkyWest stock. The shares were sold at an average price of $60.01, for a total value of $494,542.41.

Shares of NASDAQ SKYW opened at $64.00 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.11 and a debt-to-equity ratio of 1.41. SkyWest, Inc. has a 12 month low of $32.25 and a 12 month high of $65.32. The company has a market cap of $3.30 billion, a PE ratio of 18.66 and a beta of 1.73.

SkyWest (NASDAQ:SKYW) last issued its earnings results on Thursday, July 26th. The transportation company reported $1.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.20. SkyWest had a return on equity of 13.20% and a net margin of 14.73%. The company had revenue of $805.50 million during the quarter, compared to the consensus estimate of $795.19 million. During the same period in the previous year, the company posted $0.95 EPS. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. research analysts expect that SkyWest, Inc. will post 4.91 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 4th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, September 27th. This represents a $0.40 annualized dividend and a dividend yield of 0.63%. SkyWest’s dividend payout ratio is currently 11.66%.

A number of research analysts have weighed in on SKYW shares. BidaskClub downgraded SkyWest from a “buy” rating to a “hold” rating in a research note on Friday, April 27th. Cowen raised their price target on SkyWest from $62.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, April 27th. Imperial Capital lifted their target price on SkyWest from $55.00 to $60.00 and gave the stock a “line” rating in a research note on Monday, April 30th. ValuEngine downgraded SkyWest from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. Finally, Zacks Investment Research downgraded SkyWest from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $63.60.

Several hedge funds and other institutional investors have recently modified their holdings of SKYW. Mount Yale Investment Advisors LLC bought a new position in shares of SkyWest during the 1st quarter worth approximately $105,000. Meeder Asset Management Inc. lifted its holdings in SkyWest by 403.2% during the 2nd quarter. Meeder Asset Management Inc. now owns 3,598 shares of the transportation company’s stock worth $187,000 after purchasing an additional 2,883 shares during the last quarter. Natixis acquired a new stake in SkyWest during the 1st quarter worth approximately $207,000. CAMG Solamere Management LLC acquired a new stake in SkyWest during the 1st quarter worth approximately $216,000. Finally, Burney Co. acquired a new stake in SkyWest during the 2nd quarter worth approximately $229,000. Institutional investors own 93.98% of the company’s stock.

About SkyWest

SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.

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