NASDAQ:MESA Mesa Air Group Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mesa Air Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $3.32 -0.10 (-2.92 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$3.29Now: $3.32▼$3.4250-Day Range$3.04MA: $3.51▼$3.9552-Week Range$2.05Now: $3.32▼$9.65Volume483,292 shsAverage Volume786,846 shsMarket Capitalization$117.57 millionP/E Ratio4.10Dividend YieldN/ABeta2.34 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingMesa Air Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.08, Mesa Air Group has a forecasted upside of 53.1% from its current price of $3.32.Amount of Analyst CoverageMesa Air Group has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMesa Air Group has received 179 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMesa Air Group has received 238 “underperform” votes. (Add your “underperform” vote.)Community SentimentMesa Air Group has received 57.07% “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. Previous Next 0.0 Dividend Strength Dividend YieldMesa Air Group does not currently pay a dividend.Dividend GrowthMesa Air Group does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mesa Air Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.93% of the stock of Mesa Air Group is held by insiders.Percentage Held by Institutions60.03% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Mesa Air Group are expected to decrease by -7.58% in the coming year, from $0.66 to $0.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mesa Air Group is 4.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Mesa Air Group is 4.10, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 19.27.Price to Earnings Growth RatioMesa Air Group has a PEG Ratio of 0.36. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMesa Air Group has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.88 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 Phone602-685-4000Debt Debt-to-Equity Ratio1.32 Current Ratio0.37 Quick Ratio0.29Price-To-Earnings Trailing P/E Ratio4.10 Forward P/E Ratio5.03 P/E Growth0.36 Sales & Book Value Annual Sales$723.36 million Price / Sales0.16 Cash Flow$4.15 per share Price / Cash Flow0.80 Book Value$13.56 per share Price / Book0.24Profitability EPS (Most Recent Fiscal Year)$1.64 Net Income$47.58 million Net Margins4.53% Return on Equity6.58% Return on Assets1.92%Miscellaneous Employees3,576 Outstanding Shares35,414,000Market Cap$117.57 million Next Earnings Date12/9/2020 (Estimated) OptionableOptionable $3.32 -0.10 (-2.92 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MESA News and Ratings via Email Sign-up to receive the latest news and ratings for MESA and its competitors with MarketBeat's FREE daily newsletter. Mesa Air Group (NASDAQ:MESA) Frequently Asked Questions How has Mesa Air Group's stock price been impacted by Coronavirus (COVID-19)? Mesa Air Group's stock was trading at $4.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MESA stock has decreased by 26.7% and is now trading at $3.32. View which stocks have been most impacted by COVID-19. 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, 2 hold ratings and 3 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 Wednesday, December 9th 2020. View our earnings forecast for Mesa Air Group. How were Mesa Air Group's earnings last quarter? Mesa Air Group Inc (NASDAQ:MESA) issued its quarterly earnings results on Monday, August, 10th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.36. The firm earned $73.10 million during the quarter, compared to analysts' expectations of $80.20 million. Mesa Air Group had a net margin of 4.53% and a return on equity of 6.58%. The company's revenue for the quarter was down 59.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 EPS. View Mesa Air Group's earnings history. What price target have analysts set for MESA? 6 brokers have issued 12 month target prices for Mesa Air Group's stock. Their forecasts range from $2.00 to $7.50. On average, they expect Mesa Air Group's stock price to reach $5.08 in the next year. This suggests a possible upside of 53.1% from the stock's current price. View analysts' price targets for Mesa Air Group. Are investors shorting Mesa Air Group? Mesa Air Group saw a decline in short interest in August. As of August 31st, there was short interest totaling 1,510,000 shares, a decline of 11.2% from the August 15th total of 1,700,000 shares. Based on an average trading volume of 835,000 shares, the short-interest ratio is currently 1.8 days. View Mesa Air Group's Short Interest. Who are some of Mesa Air Group's key competitors? Some companies that are related to Mesa Air Group include Southwest Airlines (LUV), Delta Air Lines (DAL), Ryanair (RYAAY), United Continental (UAL), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), China Southern Airlines (ZNH), American Airlines Group (AAL), Azul (AZUL), Alaska Air Group (ALK), Deutsche Lufthansa (DLAKY), Air Canada (ACDVF), JetBlue Airways (JBLU), easyJet (EJTTF), CATHAY PAC AIRW/S (CPCAY) and Copa (CPA). 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 American Airlines Group (AAL), Alibaba Group (BABA), Delta Air Lines (DAL), United Continental (UAL), Exxon Mobil (XOM), Norwegian Cruise Line (NCLH), Spirit Airlines (SAVE), Carnival (CCL), AT&T (T) and AbbVie (ABBV). 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 on Friday, August 10th 2018. The company issued 9,600,000 shares at $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. 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 a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (5.19%), Prudential Financial Inc. (1.52%), Raymond James & Associates (1.50%), Comerica Bank (1.40%), Bridgeway Capital Management Inc. (0.80%) and WINTON GROUP Ltd (0.81%). 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 America Corp DE, Marshall Wace North America L.P., Bank of New York Mellon Corp, Raymond James Financial Services Advisors Inc., WINTON GROUP Ltd, Two Sigma Advisers LP, Nuveen Asset Management LLC, and California Public Employees Retirement System. View insider buying and selling activity for Mesa Air Group. Which major investors are buying Mesa Air Group stock? MESA stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Russell Investments Group Ltd., AQR Capital Management LLC, Nisa Investment Advisors LLC, Comerica Bank, and Virtu Financial 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 $3.32. How big of a company is Mesa Air Group? Mesa Air Group has a market capitalization of $117.57 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
