Mesa Air Group - MESA Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mesa Air Group in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MESA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MESA, but not buy additional shares or sell existing shares.
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3 equities research analysts have issued 1-year target prices for Mesa Air Group's shares. Their MESA share price forecasts range from $3.00 to $12.50. On average, they expect the company's share price to reach $7.83 in the next twelve months. This suggests a possible upside of 197.8% from the stock's current price.
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Mesa Air Group's stock was trading at $5.60 at the start of the year. Since then, MESA stock has decreased by 53.0% and is now trading at $2.63.
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Mesa Air Group, Inc. (NASDAQ:MESA) posted its earnings results on Thursday, December, 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.18. The business earned $130.78 million during the quarter, compared to the consensus estimate of $150.65 million. Mesa Air Group had a negative trailing twelve-month return on equity of 3.69% and a negative net margin of 11.44%. Mesa Air Group's quarterly revenue was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.32 EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include American Airlines Group (AAL), AT&T (T), AbbVie (ABBV), Delta Air Lines (DAL), Exxon Mobil (XOM), Spirit Airlines (SAVE), Alibaba Group (BABA), Carnival Co. & (CCL), Ford Motor (F) and NVIDIA (NVDA).

(MESA) raised $115 million in an 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.

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

Mesa Air Group's stock is owned by many different retail and institutional investors. Top institutional investors include Royce & Associates LP (5.30%), Russell Investments Group Ltd. (0.91%), Koss Olinger Consulting LLC (0.09%) and SignalPoint Asset Management LLC (0.05%). Insiders that own company stock include Brian S Gillman, Brian S Gillman, Dana J Lockhart, Ellen N Artist, Harvey W Schiller, Jonathan G Ornstein, Michael Lotz and Mitchell I Gordon.
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Shares of MESA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MESA stock can currently be purchased for approximately $2.63.

Mesa Air Group (NASDAQ:MESA) has a market capitalization of $95.03 million and generates $503.59 million in revenue each year. The company earns $16.59 million in net income (profit) each year or ($1.69) on an earnings per share basis.

Mesa Air Group employs 3,241 workers across the globe.

Mesa Air Group's mailing address is 410 NORTH 44TH STREET SUITE 700, PHOENIX AZ, 85008. The official website for the company is www.mesa-air.com. The company can be reached via phone at (602) 685-4000, via email at investor.relations@mesa-air.com, or via fax at 602-685-4350.