Mesa Air Group Stock Today
| MESA Stock | USD 0.90 0.05 5.88% |
Performance0 of 100
| Odds Of DistressLess than 44
|
Mesa Air is trading at 0.9 as of the 24th of April 2024, a 5.88 percent up since the beginning of the trading day. The stock's open price was 0.85. Mesa Air has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Mesa Air Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 10th of August 2018 | Category Industrials |
Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. Mesa Air Group, Inc. was founded in 1982 and is headquartered in Phoenix, Arizona. The company has 40.94 M outstanding shares of which 2.04 M shares are now shorted by private and institutional investors with about 9.04 trading days to cover. More on Mesa Air Group
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Mesa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mesa Air's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mesa Air or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Jonathan Ornstein | ||||
| Thematic Ideas | Showing 3 out of 4 themes | ||||
| Old Name | METALUL MESA SA SALONTA | ||||
| Business Concentration | Passenger Airlines, Transportation, Industrials, NASDAQ Composite, Sport Products, Airlines, Air, Railroads, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Mesa Air report their recommendations after researching Mesa Air's financial statements, talking to executives and customers, or listening in on Mesa Air's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Mesa Air Group. The Mesa consensus assessment is calculated by taking the average forecast from all of the analysts covering Mesa Air. | |||||
Mesa Air's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mesa Air's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mesa Air's financial leverage. It provides some insight into what part of Mesa Air's total assets is financed by creditors.
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Mesa Air Group (MESA) is traded on NASDAQ Exchange in USA. It is located in 410 North 44th Street, Phoenix, AZ, United States, 85008 and employs 2,303 people. Mesa Air is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 36.89 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mesa Air's market, we take the total number of its shares issued and multiply it by Mesa Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mesa Air Group conducts business under Passenger Airlines sector and is part of Industrials industry. The entity has 40.94 M outstanding shares of which 2.04 M shares are now shorted by private and institutional investors with about 9.04 trading days to cover.
Mesa Air Group currently holds about 54.45 M in cash with (24.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.5, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Mesa Air Probability Of Bankruptcy
Ownership AllocationMesa Air Group maintains a total of 40.94 Million outstanding shares. Mesa Air Group holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mesa Ownership Details
Mesa Stock Price Odds Analysis
What are Mesa Air's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Mesa Air jumping above the current price in 90 days from now is about 50.0%. The Mesa Air Group probability density function shows the probability of Mesa Air stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4241. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Mesa Air will likely underperform. Additionally, mesa Air Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Mesa Air to move above the current price in 90 days from now is about 50.0 (This Mesa Air Group probability density function shows the probability of Mesa Stock to fall within a particular range of prices over 90 days) .
Mesa Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Mesa Air that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mesa Air's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mesa Air's value.| Instituion | Recorded On | Shares | |
| Susquehanna International Group, Llp | 2023-12-31 | 68.9 K | |
| Northern Trust Corp | 2023-12-31 | 60.9 K | |
| Raymond James & Associates | 2023-12-31 | 50.9 K | |
| Signalpoint Asset Management Llc | 2024-03-31 | 49.8 K | |
| Renaissance Technologies Corp | 2023-12-31 | 49.4 K | |
| Xtx Topco Ltd | 2023-12-31 | 48.6 K | |
| Group One Trading, Lp | 2023-12-31 | 46.3 K | |
| Jane Street Group, Llc | 2023-12-31 | 42.3 K | |
| Simplex Trading, Llc | 2023-12-31 | 38.8 K | |
| Vanguard Group Inc | 2023-12-31 | 1.6 M | |
| Blackrock Inc | 2023-12-31 | 630.6 K |
Mesa Air Historical Income Statement
Mesa Air Group Income Statement is one of the three primary financial statements used for reporting Mesa's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mesa Air Group revenue and expense. Mesa Air Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Mesa Air's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 60.3 M, whereas Gross Profit is forecasted to decline to about 12.9 M. View More FundamentalsMesa Stock Against Markets
Picking the right benchmark for Mesa Air stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mesa Air stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mesa Air is critical whether you are bullish or bearish towards Mesa Air Group at a given time. Please also check how Mesa Air's historical prices are related to one of the top price index indicators.
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Mesa Air Corporate Directors
Mesa Air corporate directors refer to members of a Mesa Air board of directors. The board of directors generally takes responsibility for the Mesa Air's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mesa Air's board members must vote for the resolution. The Mesa Air board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Grant Lyon | Independent Director | Profile | |
| Dana Lockhart | Independent Director | Profile | |
| Sonia Mason | Director Resources | Profile | |
| Don Skiados | Independent Director | Profile |
How to buy Mesa Stock?
Before investing in Mesa Air, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mesa Air. To buy Mesa Air stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mesa Air. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mesa Air stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mesa Air Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mesa Air Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mesa Air Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mesa Stock please use our How to Invest in Mesa Air guide.
Already Invested in Mesa Air Group?
The danger of trading Mesa Air Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mesa Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mesa Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mesa Air Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Mesa Air Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesa Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesa Air Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesa Air Group Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Mesa Stock analysis
When running Mesa Air's price analysis, check to measure Mesa Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mesa Air is operating at the current time. Most of Mesa Air's value examination focuses on studying past and present price action to predict the probability of Mesa Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Air's price. Additionally, you may evaluate how the addition of Mesa Air to your portfolios can decrease your overall portfolio volatility.
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Is Mesa Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesa Air. If investors know Mesa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesa Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.136 | Earnings Share (3.04) | Revenue Per Share 12.62 | Quarterly Revenue Growth (0.09) | Return On Assets (0.02) |
The market value of Mesa Air Group is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Air's value that differs from its market value or its book value, called intrinsic value, which is Mesa Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesa Air's market value can be influenced by many factors that don't directly affect Mesa Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesa Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.