Sky Harbour Group Stock Buy Hold or Sell Recommendation

SKYH Stock  USD 10.51  0.35  3.44%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sky Harbour Group is 'Cautious Hold'. The recommendation algorithm takes into account all of Sky Harbour's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Sky Harbour Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Sky and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Sky Harbour Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Execute Sky Harbour Buy or Sell Advice

The Sky recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sky Harbour Group. Macroaxis does not own or have any residual interests in Sky Harbour Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sky Harbour's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Sky HarbourBuy Sky Harbour
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon Sky Harbour Group has a Mean Deviation of 1.71, Standard Deviation of 2.24 and Variance of 5.01
Our advice tool can cross-verify current analyst consensus on Sky Harbour and to analyze the firm potential to grow in the current economic cycle. To make sure Sky Harbour Group is not overpriced, please validate all Sky Harbour fundamentals, including its cash flow from operations, and the relationship between the cash per share and beta . Given that Sky Harbour Group has a price to earning of 10.78 X, we advise you to double-check Sky Harbour Group market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Sky Harbour Trading Alerts and Improvement Suggestions

Sky Harbour Group generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 7.58 M. Net Loss for the year was (16.18 M) with profit before overhead, payroll, taxes, and interest of 1.26 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.
Roughly 38.0% of the company outstanding shares are owned by corporate insiders
Latest headline from finance.yahoo.com: Is It Time To Consider Buying Sky Harbour Group Corporation

Sky Harbour Returns Distribution Density

The distribution of Sky Harbour's historical returns is an attempt to chart the uncertainty of Sky Harbour's future price movements. The chart of the probability distribution of Sky Harbour daily returns describes the distribution of returns around its average expected value. We use Sky Harbour Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sky Harbour returns is essential to provide solid investment advice for Sky Harbour.
Mean Return
-0.27
Value At Risk
-4.48
Potential Upside
3.42
Standard Deviation
2.24
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sky Harbour historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Sky Harbour Cash Flow Accounts

202020212022202320242025 (projected)
Capital Expenditures11.9M16.0M46.0M56.1M64.6M67.8M
End Period Cash Flow71.7K114.6K41.4M72.3M83.1M87.3M
Investments(11.9M)(42.3K)(187.8M)(16.3M)(14.6M)(15.4M)
Change In Cash(946.8K)(1.0M)(162.5M)30.9M27.8M29.2M
Free Cash Flow(12.9M)(18.0M)(73.5M)(63.9M)(57.5M)(54.6M)
Depreciation93.5K1.0M695K2.3M2.6M2.8M
Other Non Cash Items1.3M(6.1M)(12.4M)4.4M3.9M4.1M
Net Income(2.5M)2.9M(13.7M)(16.2M)(14.6M)(13.8M)

Sky Harbour Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sky Harbour or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sky Harbour's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sky stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.19
β
Beta against Dow Jones0.77
σ
Overall volatility
2.08
Ir
Information ratio -0.08

Sky Harbour Volatility Alert

Sky Harbour Group exhibits very low volatility with skewness of 0.01 and kurtosis of 0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sky Harbour's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sky Harbour's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Sky Harbour Fundamentals Vs Peers

Comparing Sky Harbour's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sky Harbour's direct or indirect competition across all of the common fundamentals between Sky Harbour and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sky Harbour or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sky Harbour's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sky Harbour by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Sky Harbour to competition
FundamentalsSky HarbourPeer Average
Return On Equity-0.54-0.31
Return On Asset-0.0312-0.14
Operating Margin(1.19) %(5.51) %
Current Valuation618.54 M16.62 B
Shares Outstanding33.57 M571.82 M
Shares Owned By Insiders38.19 %10.09 %
Shares Owned By Institutions14.90 %39.21 %
Number Of Shares Shorted1.29 M4.71 M
Price To Earning10.78 X28.72 X
Price To Book8.01 X9.51 X
Price To Sales64.31 X11.42 X
Revenue7.58 M9.43 B
Gross Profit1.26 M27.38 B
EBITDA(22.62 M)3.9 B
Net Income(16.18 M)570.98 M
Cash And Equivalents33.71 M2.7 B
Cash Per Share2.26 X5.01 X
Total Debt241.17 M5.32 B
Debt To Equity2.09 %48.70 %
Current Ratio8.16 X2.16 X
Book Value Per Share1.68 X1.93 K
Cash Flow From Operations(7.74 M)971.22 M
Short Ratio22.39 X4.00 X
Earnings Per Share(1.90) X3.12 X
Target Price18.67
Number Of Employees3518.84 K
Beta1.72-0.15
Market Capitalization794.68 M19.03 B
Total Asset402.2 M29.47 B
Retained Earnings(19.36 M)9.33 B
Working Capital158.26 M1.48 B
Current Asset61 K9.34 B
Current Liabilities502 K7.9 B
Note: Acquisition by Francisco Gonzalez of 200000 shares of Sky Harbour subject to Rule 16b-3 [view details]

Sky Harbour Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sky . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Sky Harbour Buy or Sell Advice

When is the right time to buy or sell Sky Harbour Group? Buying financial instruments such as Sky Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Sky Harbour in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Online Gaming Theme or any other thematic opportunities.
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When determining whether Sky Harbour Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sky Harbour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sky Harbour Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sky Harbour Group Stock:
Check out Sky Harbour Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sky Harbour. If investors know Sky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sky Harbour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
0.523
Quarterly Revenue Growth
0.637
Return On Assets
(0.03)
Return On Equity
(0.54)
The market value of Sky Harbour Group is measured differently than its book value, which is the value of Sky that is recorded on the company's balance sheet. Investors also form their own opinion of Sky Harbour's value that differs from its market value or its book value, called intrinsic value, which is Sky Harbour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sky Harbour's market value can be influenced by many factors that don't directly affect Sky Harbour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sky Harbour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sky Harbour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sky Harbour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.