Sky Harbour Group Stock Analysis
SKYH Stock | USD 11.28 0.20 1.74% |
Sky Harbour Group is overvalued with Real Value of 10.38 and Target Price of 11.0. The main objective of Sky Harbour stock analysis is to determine its intrinsic value, which is an estimate of what Sky Harbour Group is worth, separate from its market price. There are two main types of Sky Harbour's stock analysis: fundamental analysis and technical analysis.
The Sky Harbour stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Sky Harbour's ongoing operational relationships across important fundamental and technical indicators.
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Sky Stock Analysis Notes
About 44.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 1.9. Sky Harbour Group had not issued any dividends in recent years. The entity had 3:1 split on the September 25, 2006. Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. The company was incorporated in 2017 and is based in White Plains, New York. Sky Harbour operates under Aerospace Defense classification in the United States and is traded on AMEX Exchange. To find out more about Sky Harbour Group contact Tal Keinan at 212 554 5990 or learn more at https://skyharbour.group.Sky Harbour Group Investment Alerts
Sky Harbour Group generated a negative expected return over the last 90 days | |
Sky Harbour Group has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 7.58 M. Net Loss for the year was (16.18 M) with loss before overhead, payroll, taxes, and interest of (2.7 M). | |
Sky Harbour Group currently holds about 33.71 M in cash with (7.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.26. | |
Sky Harbour Group has a poor financial position based on the latest SEC disclosures | |
Roughly 44.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from MacroaxisInsider: Disposition of tradable shares by Glazer Capital, Llc of Sky Harbour at 10.12 subject to Rule 16b-3 |
Sky Harbour Group Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sky Harbour previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of March 2024 Upcoming Quarterly Report | View | |
13th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
26th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Sky Largest EPS Surprises
Earnings surprises can significantly impact Sky Harbour's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-11-30 | 2023-11-30 | -0.06 | -0.01 | 0.05 | 83 | ||
2023-11-09 | 2023-09-30 | -0.06 | -0.01 | 0.05 | 83 | ||
2023-11-09 | 2023-08-31 | -0.06 | -0.01 | 0.05 | 83 |
Sky Harbour Environmental, Social, and Governance (ESG) Scores
Sky Harbour's ESG score is a quantitative measure that evaluates Sky Harbour's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Sky Harbour's operations that may have significant financial implications and affect Sky Harbour's stock price as well as guide investors towards more socially responsible investments.
Sky Harbour Thematic Classifications
In addition to having Sky Harbour stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
AircraftUSA Equities from Aircraft industry as classified by Fama & French |
Sky Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 820.1 M.Sky Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.04) | (0.04) | |
Return On Capital Employed | (0.04) | (0.05) | |
Return On Assets | (0.04) | (0.04) | |
Return On Equity | (0.23) | (0.22) |
Management Efficiency
Sky Harbour Group has return on total asset (ROA) of (0.0312) % which means that it has lost $0.0312 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5415) %, meaning that it created substantial loss on money invested by shareholders. Sky Harbour's management efficiency ratios could be used to measure how well Sky Harbour manages its routine affairs as well as how well it operates its assets and liabilities. The Sky Harbour's current Return On Tangible Assets is estimated to increase to -0.04. The current Return On Capital Employed is estimated to decrease to -0.05. As of now, Sky Harbour's Net Tangible Assets are increasing as compared to previous years. The Sky Harbour's current Debt To Assets is estimated to increase to 0.77, while Intangible Assets are projected to decrease to under 2 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 8.04 | 8.44 | |
Tangible Book Value Per Share | 8.04 | 8.44 | |
Enterprise Value Over EBITDA | (15.02) | (15.78) | |
Price Book Value Ratio | 2.30 | 2.41 | |
Enterprise Value Multiple | (15.02) | (15.78) | |
Price Fair Value | 2.30 | 2.41 | |
Enterprise Value | 176 M | 213.7 M |
The strategic vision of Sky Harbour Group management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Operating Margin (1.19) | Beta 1.834 | Return On Assets (0.03) | Return On Equity (0.54) |
Technical Drivers
As of the 1st of December, Sky Harbour has the Risk Adjusted Performance of 0.0226, semi deviation of 3.21, and Coefficient Of Variation of 5092.45. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sky Harbour Group, as well as the relationship between them.Sky Harbour Group Price Movement Analysis
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Sky Harbour Group Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sky Harbour insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sky Harbour's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sky Harbour insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sky Harbour Outstanding Bonds
Sky Harbour issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sky Harbour Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sky bonds can be classified according to their maturity, which is the date when Sky Harbour Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Sky Harbour Predictive Daily Indicators
Sky Harbour intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sky Harbour stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Sky Harbour Corporate Filings
10Q | 12th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 30th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 28th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 17th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 13th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 8th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 5th of July 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 14th of June 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Sky Harbour Forecast Models
Sky Harbour's time-series forecasting models are one of many Sky Harbour's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sky Harbour's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Sky Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Sky Harbour prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sky shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Sky Harbour. By using and applying Sky Stock analysis, traders can create a robust methodology for identifying Sky entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (3.36) | (3.53) | |
Operating Profit Margin | (2.24) | (2.36) | |
Net Loss | (2.14) | (2.24) | |
Gross Profit Margin | (0.25) | (0.26) |
Current Sky Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sky analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Sky analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
11.0 | Strong Buy | 3 | Odds |
Most Sky analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sky stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sky Harbour Group, talking to its executives and customers, or listening to Sky conference calls.
Sky Stock Analysis Indicators
Sky Harbour Group stock analysis indicators help investors evaluate how Sky Harbour stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Sky Harbour shares will generate the highest return on investment. By understating and applying Sky Harbour stock analysis, traders can identify Sky Harbour position entry and exit signals to maximize returns.
Begin Period Cash Flow | 41.4 M | |
Long Term Debt | 171.7 M | |
Common Stock Shares Outstanding | 16.5 M | |
Total Stockholder Equity | 69.2 M | |
Property Plant And Equipment Net | 223.9 M | |
Cash And Short Term Investments | 72.1 M | |
Cash | 60.3 M | |
Accounts Payable | 2.7 M | |
Net Debt | 180.9 M | |
50 Day M A | 11.3406 | |
Net Interest Income | -541 K | |
Total Current Liabilities | 14.1 M | |
Other Operating Expenses | 24.6 M | |
Non Current Assets Total | 237.7 M | |
Liabilities And Stockholders Equity | 402.2 M | |
Non Currrent Assets Other | 13.8 M | |
Stock Based Compensation | 2.3 M |
Complementary Tools for Sky Stock analysis
When running Sky Harbour's price analysis, check to measure Sky Harbour's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sky Harbour is operating at the current time. Most of Sky Harbour's value examination focuses on studying past and present price action to predict the probability of Sky Harbour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sky Harbour's price. Additionally, you may evaluate how the addition of Sky Harbour to your portfolios can decrease your overall portfolio volatility.
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