SkyWest Inc.
(SKYW) operates regional airlines in the US.
Key
Information:
Fundamental:
Sector:
Services
Industry:
Regional Airlines
Liquidity:
Market
Capitalization: $1.51 billion
Average daily
volume (3-month): 720 thousand shares
Closing Stock
Price: $25.29
Risk
Proxies:
52-week high /
52-week low: 1.97
Beta: 1.52
Debt: 1.82
billion
Profitable:
Yes
Valuation:
Price/Sales:
0.59
Price/Book:
1.51
Price/Earnings:
11.75
Price/2007
Analyst Earnings Estimates: 8.97
Technical
Analysis
SKYW broke out
Wednesday. The stock had been stuck in a steady decline for over a month;
prior to Wednesday's breakout, the stock had fallen over 20%.
We believe
that Wednesday's strong reversal will be followed by a bullish
continuation. The most important bullish markers for this likely reversal
are the high volume during the breakout, and the bullish crossover of the
stochastic indicators in oversold territory.
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Key
Levels
Buy:
Market
The breakout
has occurred
Stop loss:
22.97
Below the
recent lows
Target:
30.24
Resistance
from the downside inversion point
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