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How to Buy Skywest Stock

Skywest Inc

SkyWest, Inc. , through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing.

Skywest stock last closed at $73.66, up 0.71% from the previous day, and has increased 211.33% in one year. It has overperformed other stocks in the Airlines industry by 1.98 percentage points. Skywest stock is currently +185.61% from its 52-week low of $25.79, and -7.01% from its 52-week high of $79.21.

At the moment, there are 40.26M SKYW shares outstanding. The market value of SKYW is $2.97B. In the past 24 hours, 802,264 SKYW shares were traded.

How to Buy Skywest Stock

Not sure how to invest in Skywest stock? Here's how.
  1. Choose where to buy Skywest stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Skywest stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your method of payment and add your details.
  4. Analyze Skywest stock: The Skywest ticker symbol is SKYW. Is Skywest stock a good investment? Should you buy shares of SKYW? How do SKYW's underlying business fundamentals look? Do top analysts think Skywest is a good buy? Why has SKYW's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SKYW is a good stock to buy).
  5. Place your SKYW buy order: Decide if you will purchase SKYW shares at the current market price or use a limit order to buy SKYW stock at a specific price.
  6. Get the latest news on your SKYW position: Create a watchlist to get the latest news on your position in Skywest shares.

Step 1: Choose where to buy Skywest stock

You will need an online brokerage account to access the NASDAQ market and buy SKYW stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal info so you can invest in SKYW stock today.

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  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've created your account on the best stock app for beginners, you need to deposit funds:

Watch the tutorial below to see the process of transferring funds into your new investment account.

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Step 4: Analyze Skywest stock

After you have selected the best place to buy Skywest stock, it's crucial to evaluate their stock before you invest, so you can understand the risk and upside.

Overview of key SKYW info

SKYW Price
$73.66
1w %
6.55%
1y %
211.33%
5y %
22.01%
P/E
26.12x
P/B
1.37x
P/S
0.97x
PEG
2.62x
Revenue
$3.05B
Earnings
$116.71M
Fore. Rev. Growth
8.81%
Fore. Earn. Growth
11.09%
Market Cap
$2.97B
Next Earnings
May 7, 2024
Next Dividend
N/A

Skywest Overview

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SKYW's stock page.

Is SKYW stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SKYW's intrinsic value.

Using relative valuations measures:

  • SKYW could be overvalued based on its P/E ratio of 26.12x, relative to Airlines industry P/E ratio of 15.08x
  • SKYW could be undervalued based on its P/B ratio of 1.37x, relative to Airlines industry P/B ratio of 2.96x
  • SKYW could be overvalued based on its PEG ratio of 2.62x

You can do additional valuation research on SKYW's stock here.

SKYW Financial Overview

Positive Financial Indicators:

  • SKYW profit margin has gone up from 1.1% to 3.8% in the past year.
  • SKYW's operating cash flow of $743.78M allows it to safely service it's debt of $2.98B.
  • Total SKYW debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the SKYW balance sheet.
  • SKYW earnings of $273.74M is not enough to cover its interest payments.
  • SKYW has a relatively high debt to equity ratio of 2.23.
  • There are more short-term liabilities than short-term assets on the SKYW balance sheet.

Do Wall Street analysts think it's a good time to buy Skywest stock

Out of 3 Wall Street analysts who give recommendations on SKYW, the consensus analyst rating on Skywest is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Skywest stock forecast page.

SKYW Technical Indicators

SMA10
70.13
SMA20
69.46
SMA50
66.82
SMA100
59.61
SMA200
50.97
MACD
1.67
MACD Signal
1.28
MACD Histogram
0.39
RSI
64.31
Stochastic %K
71.93
Stochastic %D
80.83
StochRSI %K
61.4
StochRSI %D
69.93

SKYW Performance Numbers

Last year, SKYW earnings were $116.71M. During the past 5 year, SKYW's earnings have grown by -14.21% per year. This was slower than the Airlines industry average of -6.1%.

Last year, SKYW revenue was $3.05B. Over the last 5 year, SKYW's revenue has grown by -0.74% per year. This was slower than the Airlines industry average of 5.3%.

Dive into SKYW's earnings and revenue performance here.

What are SKYW executives and large shareholders up to?

In the last year, executives and large shareholders at SKYW have sold more shares than they have bought.

James L. Welch, Director of SKYW, was the latest SKYW insider to sell. They sold $133,430.00 worth of SKYW shares on Mar 15, 2024.

Get more info about who owns SKYW stock here.

Does SKYW stock generate passive income?

No, Skywest doesn't provide an income stream by paying out dividends.

What others are saying about SKYW

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your SKYW buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.

Press the Open button and eToro will place your order.

If you need more help buying stocks on eToro, click the helpful video below:

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Step 6: Get the latest news on your SKYW position

Now that you own some shares in SKYW, you'll want to stay up-to-date on your shares.

Make a watchlist to track your SKYW stock.

SKYW Feed

How to Buy Stock in Skywest

To reiterate, here are the 6 steps for buying Skywest stock:

  1. Choose where to buy Skywest stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Analyze Skywest stock
  5. Place your SKYW buy order
  6. Get the latest news on your SKYW position

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Skywest, create your watchlist below.

NASDAQ: SKYW
$73.66+0.52 (+0.71%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: SKYW
$73.66+0.52 (+0.71%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Skywest share?

As of Apr 26, 2024, it costs $73.66 to buy one share of Skywest stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.136 shares of SKYW.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Skywest stock?

According to 3 Wall Street analysts who monitor Skywest, their consensus recommendation is to buy Skywest stock.

What is the best way to buy Skywest stock?

One way to place an order for Skywest stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.