Ferrellgas "Additionally, the economic downturn, coupled with high propane prices, has ledmany propane users to conserve propane consumption," JPMorgan analysts wrote in an April 9 report. "Given these challenges, combined with debt covenant concerns, we recommend an UW on FGP." Shares of Ferrellgas hit a 52-week low Tuesday of $13.39. The stock's 52-week high of $26.60 was set on May 2. Ferrellgas' forward P/E is 45.45; the average for gas distribution companies is 17.15. For comparison, Oneok ( OKE) has a lower forward P/E of 19.25. Six of the seven analysts who cover Ferrellgas rated it sell; one analyst gave the stock a hold rating. TheStreet Ratings gives Ferrellgas a C- grade and hold rating. The stock has fallen 28.04% year to date.
SkyWest "We recently lowered our 2012 and 2013 forecasts to reflect increasing costpressures that currently besiege SkyWest," Deutsche Bank analysts wrote in a Feb. 17 report. "We are maintaining those forecasts - our 2012 and 2013 EPS estimates are $0.75 (vs. consensus of $0.65) and $1.30 (vs. consensus of $1.21), respectively. Our March Q 2012 forecast is a loss per share of $0.15 (vs. the consensus loss of $0.06)." Shares of SkyWest hit a 52-week low of $10.13. The stock's 52-week high of $16.92 was set on May 4. SkyWest's forward P/E is 9.28; the average for airlines is 6.57. For comparison, Delta Air Lines ( DAL) has a lower forward P/E of 3.88. Analysts were split on SkyWest with four rating it hold, another four giving the stock a sell rating and one rating the stock buy. TheStreet Ratings gives SkyWest a C grade and hold rating. The stock has fallen 16.52% year to date.