Mesa Air Group (MESA) Stock Price, News & Analysis

Company Overview

Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier scheduled passenger services. The company offers scheduled flight and cargo services. As of September 30, 2023, it operated a fleet of 80 aircraft with approximately 296 daily departures to 86 cities in the United States and Mexico. Mesa Air Group, Inc. was founded in 1982 and is headquartered in Phoenix, Arizona.

Key Stats

• Today's Range: $0.85 to $0.89
• 50-Day Range: $0.85 to $1.26
• 52-Week Range: $0.55 to $1.89
• Volume: 113,926 shs
• Average Volume: 194,021 shs
• Market Capitalization: $35.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Mesa Air Group Stock Analysis - MarketRank™

Mesa Air Group scored higher than 3% of companies evaluated by MarketBeat, and ranked 127th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mesa Air Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mesa Air Group is -0.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mesa Air Group is -0.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Mesa Air Group has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.71% of the float of Mesa Air Group has been sold short.

Short Interest Ratio / Days to Cover

Mesa Air Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mesa Air Group has recently increased by 0.80%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -4.91

Percentage of Shares Shorted

0.71% of the float of Mesa Air Group has been sold short.

Short Interest Ratio / Days to Cover

Mesa Air Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mesa Air Group has recently increased by 0.80%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.4 / 5
• News Sentiment: N/A

News Sentiment

Mesa Air Group has a news sentiment score of -1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Transportation companies.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mesa Air Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.61% of the stock of Mesa Air Group is held by insiders.

Percentage Held by Institutions

Only 13.34% of the stock of Mesa Air Group is held by institutions.

MESA Stock Analysis - Frequently Asked Questions

How have MESA shares performed this year?

Mesa Air Group's stock was trading at $1.01 at the start of the year. Since then, MESA shares have decreased by 14.8% and is now trading at $0.8610.
View the best growth stocks for 2024 here.

How were Mesa Air Group's earnings last quarter?

Mesa Air Group, Inc. (NASDAQ:MESA) announced its quarterly earnings data on Wednesday, October, 16th. The company reported ($0.23) EPS for the quarter. The company earned $110.79 million during the quarter. Mesa Air Group had a negative net margin of 19.86% and a negative trailing twelve-month return on equity of 32.45%.

When did Mesa Air Group IPO?

Mesa Air Group (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 acted as the underwriters for the IPO and Cowen, Stifel and Imperial Capital were co-managers.

Who are Mesa Air Group's major shareholders?

Mesa Air Group's top institutional shareholders include Regent Peak Wealth Advisors LLC (0.07%).
View institutional ownership trends.

How do I buy shares of Mesa Air Group?

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

What other stocks do shareholders of Mesa Air Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mesa Air Group investors own include Innovative Industrial Properties (IIPR), Anavex Life Sciences (AVXL), W. P. Carey (WPC), Ares Capital (ARCC), DoubleLine Income Solutions Fund (DSL), Neuberger Berman Next Generation Connectivity Fund (NBXG) and Meta Platforms (META).

Company Calendar

• Last Earnings: 10/16/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 1/24/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:MESA
• CUSIP: N/A
• CIK: 810332
• Web: www.mesa-air.com
• Phone: (602) 685-4000
• Fax: 602-685-4350
• Employees: 2,303
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-120,120,000.00
• Net Margins: -19.86%
• Pretax Margin: -20.46%
• Return on Equity: -32.45%
• Return on Assets: -6.74%

Debt

• Debt-to-Equity Ratio: 2.13
• Current Ratio: 0.45
• Quick Ratio: 0.29

Sales & Book Value

• Annual Sales: $498.07 million
• Price / Sales: 0.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.90 per share
• Price / Book: 0.18

Miscellaneous

• Outstanding Shares: 41,310,000
• Free Float: 39,408,000
• Market Cap: $35.57 million
• Optionable: Optionable
• Beta: 3.12