Is Skywest Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: SKYW) stock is to Hold SKYW stock.
Out of 4 analysts, 1 (25%) are recommending SKYW as a Strong Buy, 1 (25%) are recommending SKYW as a Buy, 1 (25%) are recommending SKYW as a Hold, 0 (0%) are recommending SKYW as a Sell, and 1 (25%) are recommending SKYW as a Strong Sell.
What is SKYW's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: SKYW) forecast ROE is 6.14%, which is considered weak.
What is SKYW's Price Target?
According to 4 Wall Street analysts that have issued a 1 year SKYW price target, the average SKYW price target is $41.00, with the highest SKYW stock price forecast at $55.00 and the lowest SKYW stock price forecast at $18.00.
On average, Wall Street analysts predict that Skywest's share price could fall to $41.00 by Aug 31, 2024. The average Skywest stock price prediction forecasts a potential downside of 2.22% from the current SKYW share price of $41.93.
What is SKYW's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: SKYW) forecast ROA is 1.86%, which is lower than the forecast US Airlines industry average of 12.56%.
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