SkyWest, Inc.
SKYW
Delayed Nasdaq - 06/22 10:00:00 pm
55.6USD
-1.33%

The technical configuration is positive

Envoyer par e-mail
Jordan Dufee
Analyst

Strategy published on : 03/12/2018 | 17:35

long trade
Stop-loss triggered

Entry price : 58.75$
Target : 67.65$
Stop-loss : 54$
Potential : 15.15%

Shares in SkyWest, Inc. show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the $ 67.65.

Summary

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.

● With a P/E ratio at 13.34 for the current year and 11.59 for next year, earnings multiples are highly attractive compared with competitors.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 42.49 USD


Weaknesses

● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

● The company is in debt and has limited leeway for investment

● The company is not the most generous with respect to shareholders' compensation.

Zonebourse.com 2018
Envoyer par e-mail