The Mesa Air Group Inc (MESA) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered MESA. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for MESA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assigned MESA 5 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Mesa Air Group Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MESA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MESA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Savanthi Syth Raymond James | Market Perform | Upgrade | May 12, 2023 | |
Michael Linenberg Deutsche Bank | Hold | $3 | Maintains | Feb 10, 2023 |
Helane Becker Cowen & Co. | Market Perform | $1.5 | Maintains | Oct 25, 2022 |
Savanthi Syth Raymond James | Underperform | Downgrade | Sep 8, 2022 | |
Savanthi Syth Raymond James | Market Perform | Downgrade | Feb 4, 2022 | |
Andrew Didora B of A Securities | Neutral | $8 | Downgrade | Jan 7, 2022 |
Michael Linenberg Deutsche Bank | Hold | $7 | Downgrade | Dec 10, 2021 |
Savanthi Syth Raymond James | Outperform | $12.5 | Maintains | Dec 10, 2021 |
Savanthi Syth Raymond James | Outperform | $13 | Maintains | Nov 29, 2021 |
Deutsche Bank | Buy | Upgrade | May 11, 2021 | |
Savanthi Syth Raymond James | Outperform | $14 | Maintains | Apr 20, 2021 |
Michael Linenberg Deutsche Bank | Hold | $15 | Downgrade | Mar 4, 2021 |
Deutsche Bank | Buy | Upgrade | Feb 10, 2021 | |
Deutsche bank | Hold | Downgrade | Dec 10, 2020 | |
Deutsche Bank | Hold | Downgrade | Dec 10, 2020 | |
Raymond James | Outperform | $10 | Maintains | Nov 30, 2020 |
Michael Linenberg Deutsche Bank | Buy | $5.5 | Upgrade | Aug 11, 2020 |
Savanthi Syth Raymond James | Outperform | $6.5 | Downgrade | May 11, 2020 |
B. Riley FBR | Buy | Maintains | Apr 8, 2020 | |
Scott Buck B. Riley Securities | Buy | $7.5 | Maintains | Apr 8, 2020 |
When did it IPO
2018
Staff Count
1,992
Country
United States
Sector/Industry
Industrials/Airlines
CEO
Mr. Jonathan G. Ornstein
Market Cap
$43.4M
In 2023, MESA generated $498.1M in revenue, which was a decrease of -6.20% from the previous year. This can be seen as a signal that MESA's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - As of Nov. 26, 2024, three stocks in the industrials sector show potential warning signs for momentum-focused investors.
Why It Matters - Warning signals in industrials stocks could indicate potential declines, affecting momentum-based trading strategies and overall market sentiment, prompting investors to reassess positions.
Summary - Mesa Air Group (NASDAQ:MESA) received a notice from Nasdaq for failing to timely file its Q2 2024 Form 10-Q. The delay is not due to a financial restatement or auditor disagreement.
Why It Matters - Mesa Air Group's failure to file its quarterly report may raise concerns about its financial health and governance, potentially impacting investor confidence and stock price.
Summary - Mesa Air Group (NASDAQ: MESA) will furlough 12 pilots and defer training for 41 trainees starting July 12, 2024, aiming to save $750,000 monthly due to reduced pilot attrition.
Why It Matters - Mesa Air Group's pilot furloughs and training deferrals indicate cost-cutting measures in response to workforce stability, potentially improving short-term financials by $750,000 monthly.
Summary - Mesa Air Group, Inc. (NASDAQ: MESA) announced its second quarter fiscal 2024 financial and operating results on June 18, 2024.
Why It Matters - Mesa Air Group's Q2 fiscal 2024 results could impact investor sentiment, affecting stock performance and expectations for future growth or challenges in the airline sector.
Summary - Mesa Air Group, Inc. (NASDAQ: MESA) has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notification letter from Nasdaq's Listing Qualifications Department.
Why It Matters - Mesa Air Group's compliance with Nasdaq's minimum bid price requirement boosts investor confidence, potentially stabilizing stock prices and attracting new investment.
Summary - Mesa Air Group (NASDAQ: MESA) has completed sales of six surplus CRJ-900 airframes and ten surplus CRJ engines as part of its Regional Aircraft Securitization Program.
Why It Matters - Mesa Air Group's sale of surplus aircraft and engines signals asset liquidation, potentially improving cash flow and financial health, influencing stock performance and investor sentiment.