NASDAQ:MESAMesa Air Group Stock Price, Forecast & News

$3.35

+0.10 (+3.08 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$3.23

Now: $3.35▼

$3.50

50-Day Range

$2.86

MA: $3.54▼

$4.55

52-Week Range

$2.05

Now: $3.35▼

$11.08

Volume1.04 million shs

Average Volume667,634 shs

Market Capitalization$110.68 million

P/E Ratio4.19

Dividend YieldN/A

Beta2.4

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.

Beat the Market (BTM) Rank^™

4.1 Analyst's Opinion

Consensus Rating
Mesa Air Group has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $4.83, Mesa Air Group has a potential upside of 44.3% from its current price of $3.35.
Amount of Analyst Coverage
Mesa Air Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Mesa Air Group has received 175 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Mesa Air Group has received 235 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Mesa Air Group has received 57.32% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Mesa Air Group does not currently pay a dividend.
Dividend Growth
Mesa Air Group does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mesa Air Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.93% of the stock of Mesa Air Group is held by insiders.
Percentage Held by Institutions
76.64% of the stock of Mesa Air Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Mesa Air Group are expected to grow by 1,380.00% in the coming year, from $0.05 to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mesa Air Group is 4.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mesa Air Group is 4.19, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.49.
Price to Earnings Growth Ratio
Mesa Air Group has a PEG Ratio of 5.11. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Mesa Air Group has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.79 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Air transportation, scheduled

Sub-IndustryN/A

SectorTransportation

Current SymbolNASDAQ:MESA

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.mesa-air.com

Phone602-685-4000

Debt

Debt-to-Equity Ratio1.40

Current Ratio0.33

Quick Ratio0.25

Price-To-Earnings

Trailing P/E Ratio4.19

Forward P/E Ratio67.00

P/E Growth5.11

Sales & Book Value

Annual Sales$723.36 million

Price / Sales0.15

Cash Flow$4.24 per share

Price / Cash Flow0.79

Book Value$13.56 per share

Price / Book0.25

Profitability

EPS (Most Recent Fiscal Year)$1.64

Net Income$47.58 million

Net Margins3.81%

Return on Equity8.34%

Return on Assets2.40%

Miscellaneous

Employees3,576

Outstanding Shares33,039,000

Market Cap$110.68 million

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Mesa Air Group (NASDAQ:MESA) Frequently Asked Questions

How has Mesa Air Group's stock been impacted by COVID-19 (Coronavirus)?

Mesa Air Group's stock was trading at $4.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MESA shares have decreased by 26.0% and is now trading at $3.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mesa Air Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mesa Air Group in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mesa Air Group.

When is Mesa Air Group's next earnings date?

Mesa Air Group is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Mesa Air Group.

How were Mesa Air Group's earnings last quarter?

Mesa Air Group Inc (NASDAQ:MESA) posted its quarterly earnings results on Monday, May, 11th. The company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.04. The company had revenue of $179.90 million for the quarter, compared to analyst estimates of $170.53 million. Mesa Air Group had a net margin of 3.81% and a return on equity of 8.34%. The firm's revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS. View Mesa Air Group's earnings history.

What price target have analysts set for MESA?

6 brokerages have issued 1-year price targets for Mesa Air Group's shares. Their forecasts range from $2.00 to $7.50. On average, they expect Mesa Air Group's share price to reach $4.83 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price. View analysts' price targets for Mesa Air Group.

Has Mesa Air Group been receiving favorable news coverage?

Media coverage about MESA stock has been trending extremely positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mesa Air Group earned a coverage optimism score of 5.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMesa Air Group.

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

Some companies that are related to Mesa Air Group include Southwest Airlines (LUV), Ryanair (RYAAY), Delta Air Lines (DAL), United Continental (UAL), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), China Southern Airlines (ZNH), Deutsche Lufthansa (DLAKY), American Airlines Group (AAL), Alaska Air Group (ALK), CATHAY PAC AIRW/S (CPCAY), easyJet (EJTTF), Azul (AZUL), Air Canada (ACDVF), JetBlue Airways (JBLU) and INTL CONS AIRL/S (ICAGY). View all 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), Delta Air Lines (DAL), American Airlines Group (AAL), Exxon Mobil (XOM), Norwegian Cruise Line (NCLH), JPMorgan Chase & Co. (JPM), AT&T (T), United Continental (UAL), salesforce.com (CRM) and Micron Technology (MU).

Who are Mesa Air Group's key executives?

Mesa Air Group's management team includes the following 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. Bradford Roger Rich, Exec. VP & COO (Age 57)
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 served as the underwriters for the IPO and Cowen, Stifel and Imperial Capital were co-managers.

What is Mesa Air Group's stock symbol?

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

Who are Mesa Air Group's major shareholders?

Mesa Air Group's stock is owned by many different retail and institutional investors. Top institutional investors include U S Global Investors Inc. (7.68%), MSD Partners L.P. (7.12%), UBS Group AG (6.74%), BlackRock Inc. (5.25%), Wedge Capital Management L L P NC (4.85%) and Frontier Capital Management Co. LLC (3.42%). 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 Frontier Capital Management Co. LLC, Chicago Equity Partners LLC, First Quadrant L P CA, Acadian Asset Management LLC, Signia Capital Management LLC, Wells Fargo & Company MN, Martingale Asset Management L P, and Two Sigma Investments LP. View insider buying and selling activity for Mesa Air Group.

Which major investors are buying Mesa Air Group stock?

MESA stock was bought by a variety of institutional investors in the last quarter, including U S Global Investors Inc., MSD Partners L.P., Raymond James & Associates, State Street Corp, Wedge Capital Management L L P NC, BlackRock Inc., Nuveen Asset Management LLC, and Pinnacle Holdings LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Mesa Air Group's stock price today?

One share of MESA stock can currently be purchased for approximately $3.35.

How big of a company is Mesa Air Group?

Mesa Air Group has a market capitalization of $110.68 million and generates $723.36 million in revenue each year. The company earns $47.58 million in net income (profit) each year or $1.64 on an earnings per share basis. Mesa Air Group employs 3,576 workers across the globe.

What is Mesa Air Group's official website?

The official website for Mesa Air Group is 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.

This page was last updated on 6/1/2020 by MarketBeat.com Staff