NASDAQ:MESA - Mesa Air Group Stock Price, News, & Analysis

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$8.13 -0.15 (-1.81 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$8.28
Today's Range$8.02 - $8.41
52-Week Range$6.36 - $16.41
Volume221,464 shs
Average Volume227,766 shs
Market Capitalization$197.61 million
P/E Ratio6.61
Dividend YieldN/A
BetaN/A
Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc., which provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. As of September 30, 2018, it operated a fleet of 145 aircraft with approximately 730 daily departures to 110 cities in the United States, Canada, Mexico, Cuba, and the Bahamas. The company was founded in 1982 and is headquartered in Phoenix, Arizona.

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Industry, Sector and Symbol

Industry Air transportation, scheduled
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:MESA
CUSIPN/A
CIKN/A
Phone602-685-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$681.59 million
Cash Flow$3.7123 per share
Book Value$16.19 per share

Profitability

Miscellaneous

Employees3,412
Market Cap$197.61 million
Next Earnings DateN/A
OptionableOptionable

Mesa Air Group (NASDAQ:MESA) Frequently Asked Questions

What is Mesa Air Group's stock symbol?

Mesa Air Group trades on the NASDAQ under the ticker symbol "MESA."

How were Mesa Air Group's earnings last quarter?

Mesa Air Group Inc (NASDAQ:MESA) issued its quarterly earnings data on Monday, February, 4th. The company reported $0.55 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.03. The business had revenue of $178.16 million for the quarter, compared to analysts' expectations of $176.41 million. View Mesa Air Group's Earnings History.

What price target have analysts set for MESA?

5 equities research analysts have issued twelve-month price objectives for Mesa Air Group's stock. Their predictions range from $12.00 to $20.00. On average, they anticipate Mesa Air Group's share price to reach $16.60 in the next year. This suggests a possible upside of 104.2% from the stock's current price. View Analyst Price Targets for Mesa Air Group.

What is the consensus analysts' recommendation for Mesa Air Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mesa Air Group in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mesa Air Group.

Has Mesa Air Group been receiving favorable news coverage?

Headlines about MESA stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mesa Air Group earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.

Are investors shorting Mesa Air Group?

Mesa Air Group saw a drop in short interest in February. As of February 15th, there was short interest totalling 725,561 shares, a drop of 35.5% from the January 31st total of 1,125,600 shares. Based on an average trading volume of 302,650 shares, the days-to-cover ratio is presently 2.4 days. Approximately 4.0% of the company's stock are sold short. View Mesa Air Group's Current Options Chain.

Who are some of Mesa Air Group's key competitors?

What other stocks do shareholders of Mesa Air Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Adobe (ADBE), JD.Com (JD), Micron Technology (MU), Canopy Growth (CGC), GW Pharmaceuticals PLC- (GWPH), CVS Health (CVS), Viking Therapeutics (VKTX) and Resonant (RESN).

Who are Mesa Air Group's key executives?

Mesa Air Group's management team includes the folowing people:
  • Mr. Jonathan G. Ornstein, Chairman & CEO (Age 61)
  • Mr. Michael J. Lotz, Pres & CFO (Age 59)
  • Mr. Brian S. Gillman, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Michael L. Ferverda, Chief Operating Officer (Age 75)
  • Mr. Robert A. Hornberg, VP & Chief Information Officer (Age 67)

When did Mesa Air Group IPO?

(MESA) raised $115 million in an initial public offering (IPO) on Friday, August 10th 2018. The company issued 9,600,000 shares at a price of $12.00 per share. Raymond James and BofA Merrill Lynch acted as the underwriters for the IPO and Cowen, Stifel and Imperial Capital were co-managers.

When did the company's lock-up period expire?

Mesa Air Group's lock-up period expired on Wednesday, February 6th. Mesa Air Group had issued 9,630,000 shares in its public offering on August 10th. The total size of the offering was $115,560,000 based on an initial share price of $12.00. Since the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Who are Mesa Air Group's major shareholders?

Mesa Air Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (5.62%), Bank of New York Mellon Corp (3.70%), BlackRock Inc. (3.06%), Boston Partners (2.56%), Tyvor Capital LLC (1.98%) and Shellback Capital LP (1.66%). Company insiders that own Mesa Air Group stock include Brian S Gillman, Ellen N Artist, Jonathan G Ornstein, Michael L Ferverda and Michael Lotz. View Institutional Ownership Trends for Mesa Air Group.

Which major investors are selling Mesa Air Group stock?

MESA stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Monarch Partners Asset Management LLC, Frontier Capital Management Co. LLC, Shellback Capital LP, Bank of America Corp DE and First Mercantile Trust Co.. Company insiders that have sold Mesa Air Group company stock in the last year include Brian S Gillman, Ellen N Artist, Jonathan G Ornstein, Michael L Ferverda and Michael Lotz. View Insider Buying and Selling for Mesa Air Group.

Which major investors are buying Mesa Air Group stock?

MESA stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, D. E. Shaw & Co. Inc., Altimeter Capital Management LP, Altimeter Capital Management LP, BlackRock Inc., Boston Partners, Geode Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Mesa Air Group.

How do I buy shares of Mesa Air Group?

Shares of MESA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mesa Air Group's stock price today?

One share of MESA stock can currently be purchased for approximately $8.13.

How big of a company is Mesa Air Group?

Mesa Air Group has a market capitalization of $197.61 million and generates $681.59 million in revenue each year. The company earns $33.25 million in net income (profit) each year or $1.23 on an earnings per share basis. Mesa Air Group employs 3,412 workers across the globe.

What is Mesa Air Group's official website?

The official website for Mesa Air Group is http://www.mesa-air.com.

How can I contact Mesa Air Group?

Mesa Air Group's mailing address is 410 NORTH 44TH STREET SUITE 700, PHOENIX AZ, 85008. The company can be reached via phone at 602-685-4000.


MarketBeat Community Rating for Mesa Air Group (NASDAQ MESA)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  150
MarketBeat's community ratings are surveys of what our community members think about Mesa Air Group and other stocks. Vote "Outperform" if you believe MESA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MESA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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