SkyWest IncZacks Rank #4 (Sell) rating suggests near-term underperformance, despite recent stock gains.

SkyWest has drawn increased investor attention but carries a Zacks Rank #4, or Sell, rating, suggesting it may underperform the broader market in the near term. The regional airline's shares have returned 9.8% over the past month, outpacing the S&P 500's 0.1% gain, while its industry, Zacks Transportation - Airline, rose 13.2%. Consensus earnings estimates for the current quarter, current fiscal year, and next fiscal year stand at $2.85, $10.95, and $11.78 per share, respectively, all unchanged over the last 30 days. SkyWest reported revenues of $1.01 billion in its most recent quarter, a 6.8% year-over-year increase, and beat the Zacks Consensus Estimate on both revenue and earnings per share. The stock receives a Value Style Score of A, indicating it trades at a discount to peers.
SkyWest IncZacks Rank #4 (Sell) rating suggests near-term underperformance, despite recent stock gains.