Mesa Air Group Inc

Mesa Air Group Inc Stock Forecast & Price Prediction

Live Mesa Air Group Inc Stock (MESA) Price
$1.05

5

Ratings

  • Buy 5
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.05

P/E Ratio

-0.35

Volume Traded Today

$106,800

Dividend

Dividends not available for MESA

52 Week High/low

1.89/0.55

Mesa Air Group Inc Market Cap

$43.4M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $MESA ๐Ÿ›‘

Before you buy MESA you'll want to see this list of ten stocks that have huge potential. Want to see if MESA made the cut? Enter your email below

MESA Summary

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.

MESA Analyst Ratings

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.

MESA stock forecast by analyst

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

MESA Company Information

What They Do: Provides regional air carrier services.

Business Model: Mesa Air Group operates as a holding company for Mesa Airlines, which generates revenue through scheduled passenger and cargo services. The company maintains a fleet of 80 aircraft, facilitating approximately 296 daily flights to 86 cities across the United States and Mexico, thus creating a steady income stream from ticket sales and freight transport.

Other Information: Founded in 1982 and headquartered in Phoenix, Arizona, Mesa Air Group has established itself in the regional airline market, providing essential connectivity between smaller markets and major hubs.
MESA
Mesa Air Group Inc (MESA)

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

Mesa Air Group Inc (MESA) Financial Data

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

$545.1M

Revenue From 2021

$503.6M

-7.61 %
From Previous Year

Revenue From 2022

$531.0M

5.44 %
From Previous Year

Revenue From 2023

$498.1M

-6.20 %
From Previous Year
  • Revenue TTM $475.5M
  • Operating Margin TTM -1.0%
  • Gross profit TTM $15.1M
  • Return on assets TTM -1.1%
  • Return on equity TTM -52.1%
  • Profit Margin -19.9%
  • Book Value Per Share 3.27%
  • Market capitalisation $43.4M
  • Revenue for 2021 $503.6M
  • Revenue for 2022 $531.0M
  • Revenue for 2023 $498.1M
  • EPS this year (TTM) $-2.30

Mesa Air Group Inc (MESA) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEGATIVE

Source - Benzinga

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.

News Image

Tue, 20 Aug 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Tue, 02 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Tue, 18 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 05 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Thu, 06 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

...

MESA Frequently asked questions

The highest forecasted price for MESA is $ from at Stifel Nicolaus.

The lowest forecasted price for MESA is $ from from Stifel Nicolaus

The MESA analyst ratings consensus are 5 buy ratings, 0 hold ratings, and 0 sell ratings.