Northland Securities initiated coverage on shares of Sky Harbour Group (NYSEAMERICAN:SKYH – Free Report) in a research note issued to investors on Tuesday, Marketbeat reports. The firm issued an outperform rating and a $16.00 price target on the stock.
Sky Harbour Group Stock Down 9.4 %
SKYH opened at $11.33 on Tuesday. Sky Harbour Group has a 12-month low of $4.31 and a 12-month high of $13.60. The company has a market cap of $759.45 million, a price-to-earnings ratio of -7.76 and a beta of 1.86.
Sky Harbour Group (NYSEAMERICAN:SKYH – Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. Sky Harbour Group had a negative net margin of 222.44% and a negative return on equity of 6.82%. The company had revenue of $3.62 million during the quarter.
Hedge Funds Weigh In On Sky Harbour Group
Sky Harbour Group Company Profile
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.
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