SkyWest (SKYW) Stock

Upbeat air-travel demand and fleet-upgrade efforts bode well for SKYW.

Leidos, First American Financial, McKesson, The Gap, and SkyWest are included in the Zacks top Analyst Blog.

SkyWest (SKYW) closed the most recent trading day at $101.80, moving -0.57% from the previous trading session.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

SkyWest (SKYW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

SkyWest (SKYW) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Wabtec, United Airlines Holdings, Southwest Airlines, SkyWest and ZIM Integrated Shipping Services are included in this Analyst Blog.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Strong air travel demand represents a major tailwind for SKYW. Fleet modernization initiatives also bode well for the company.