Latest news with #bourse
Yahoo
14 hours ago
- Business
- Yahoo
Here's Why Investors Should Bet on SkyWest Stock Right Now
SkyWest SKYW is benefiting from its robust demand and operational efficiency, boosting its prospects. The company's expansion initiatives are also commendable. Due to these tailwinds, SKYW shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it's time to do so. Let's delve deeper. Factors Favoring SKYW Stock Northward Earnings Estimate Revision: The Zacks Consensus Estimate for earnings per share has been revised upward by 4.68% over the past 60 days for the current quarter. For 2025, the consensus mark for earnings per share has moved 7.22% north in the same time frame. The favorable estimate revisions indicate brokers' confidence in the stock. Robust Price Performance: A look at the company's price trend reveals that its shares have risen 16.3% in the year-to-date period, surpassing the Zacks Transportation – Airline industry's 11.2% growth. Image Source: Zacks Investment Research Positive Earnings Surprise History:SkyWest has an encouraging earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 21.92%. Solid Zacks Rank: SKYW currently sports a Zacks Rank #1 (Strong Buy). Bullish Industry Rank: The industry to which SkyWest belongs currently has a Zacks Industry Rank of 94 (out of 246). Such a favorable rank places it in the top 38% of Zacks show that 50% of a stock price movement is directly related to the performance of the industry group to which it belongs. A mediocre stock within a strong group is likely to outperform a robust stock in a weak industry. Reckoning the industry's performance becomes imperative in this context. Growth Factors: SKYW continues to demonstrate robust operational growth and reliability, as evidenced by both its expanding fleet and strong performance metrics. SkyWest's strategic move to expand its E175 fleet signals a clear focus on strengthening its position in the regional jet market. By the end of 2028, the airline is planning to operate nearly 300 E175 aircraft, courtesy of its partnerships with leading U.S. carriers and 44 additional E175s, with deliveries from 2028 to 2032, giving SkyWest the flexibility to support future flying opportunities and meet potential partner needs. This underscores the E175's central role in the company's fleet strategy, particularly in support of the U.S. regional network. Moreover, SkyWest is bolstered by significant year-over-year operational growth in the second quarter of 2025. Total block hours increased 19%, which reflects improvements in captain availability, higher fleet utilization and strong demand, with notable utilization gains across all aircraft types. Departures climbed 17.7%, and passengers carried increased by 13.1%, reinforcing strong demand. SkyWest maintained an adjusted flight completion rate of 99.9% and improved raw flight completion to 99.1%, reflecting consistent operational reliability. Other Stocks to Consider Investors interested in the Transportation sector may also consider LATAM Airlines Group LTM and The Greenbrier Companies GBX. LTM currently sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining two quarters, delivering an average beat of 4.04%. GBX currently carries a Zacks Rank #2 (Buy). Greenbrier has an expected earnings growth rate of 33% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and met once, delivering an average beat of 70%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SkyWest, Inc. (SKYW) : Free Stock Analysis Report Greenbrier Companies, Inc. (The) (GBX) : Free Stock Analysis Report LATAM Airlines Group S.A. (LTM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
7 days ago
- Business
- South China Morning Post
China Evergrande to delist in Hong Kong, marking a watershed in country's property crisis
China Evergrande Group on Tuesday said that its Hong Kong shares will be removed on August 25 following the stock exchange's delisting decision, which the company does not intend to have reviewed. The world's most indebted property developer was informed by the local bourse on Friday that its listing would be cancelled for failing 'to fulfil any of the requirements' to resume trading, the company said in a filing. Evergrande's shares have been suspended from trading since January 29, 2024 – the same day a Hong Kong court ordered its liquidation after it failed to present a viable restructuring plan. Under the exchange's rules, a company that remains suspended for 18 consecutive months is subject to delisting. This would mark the end of Evergrande's 16-year trading status in Hong Kong, which spanned an era when the company was the poster child of China's property boom. The Guangzhou -based developer fell from its perch in 2021 after Beijing rolled out the so-called three red lines policy, which reined in overleveraged developers to cool down the mainland's housing market. The company, which amassed more than US$300 billion in liabilities at its peak, defaulted on its offshore bonds in late 2021, sparking global concerns about spreading the contagion from China's housing downturn.
Yahoo
30-07-2025
- Business
- Yahoo
Nasdaq Nordic resumes trading after glitch prompts order cancellations
MILAN (Reuters) -Trading on the Nasdaq Nordic platform resumed as normal on Wednesday, a day after a technical glitch disrupted equity order data and led to the cancellation of trades. The issue began at 1500 GMT on Tuesday and affected cash equities, ETPs and equity derivatives on Nasdaq Stockholm, Helsinki and Iceland, according to a statement on Wednesday. Nasdaq said it had cancelled all trades from the time of the incident and communicated the cancellations to affected members. On Wednesday the incident was marked as "resolved" on the bourse operator's website, with "all systems normal". A fund manager in Helsinki said trading appeared to be back to normal and back-office teams were handling trade cancellations. "No major fuss, but some extra work for them," he said. Nasdaq said the root cause of the problem had been identified and fixed.
Reuters
30-07-2025
- Business
- Reuters
Nasdaq Nordic resumes trading after glitch prompts order cancellations
MILAN, July 30 (Reuters) - Trading on the Nasdaq Nordic platform resumed as normal on Wednesday, a day after a technical glitch disrupted equity order data and led to the cancellation of trades. The issue began at 1500 GMT on Tuesday and affected cash equities, ETPs and equity derivatives on Nasdaq Stockholm, Helsinki and Iceland, according to a statement on Wednesday. Nasdaq said it had cancelled all trades from the time of the incident and communicated the cancellations to affected members. On Wednesday the incident was marked as "resolved" on the bourse operator's website, with "all systems normal". A fund manager in Helsinki said trading appeared to be back to normal and back-office teams were handling trade cancellations. "No major fuss, but some extra work for them," he said. Nasdaq said the root cause of the problem had been identified and fixed.
Bloomberg
24-07-2025
- Business
- Bloomberg
Indian Energy Shares Tumble After Regulator's Power Price Reform
Shares in Indian Energy Exchange Ltd., the country's largest power trading bourse, tumbled the most on record following the federal power regulator's decision to synchronize pricing across exchanges. The stock plunged 23% at 11:25a.m. local time, the biggest ever intra-day decline in its history.
