Mesa Air Group Inc. [NASDAQ: MESA] jumped around 0.5 points on Friday, while shares priced at $3.59 at the close of the session, up 16.02%. Mesa Air Group Inc. stock is now -59.90% down from its year-to-date (YTD) trading value. MESA Stock saw the intraday high of $3.67 and lowest of $3.14 per share. The company’s 52-week high price is 11.08, which means current price is +74.88% above from all time high which was touched on 01/17/20.
Compared to the average trading volume of 1.22M shares, MESA reached a trading volume of 4239893 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Mesa Air Group Inc. [MESA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MESA shares is $4.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MESA stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Mesa Air Group Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 11, 2020. While these analysts kept the previous recommendation, Stifel raised their target price from $12 to $5. The new note on the price target was released on April 01, 2020, representing the official price target for Mesa Air Group Inc. stock. Previously, the target price had yet another raise to $4, while Deutsche Bank analysts kept a Hold rating on MESA stock.
The Average True Range (ATR) for Mesa Air Group Inc. is set at 0.56, with the Price to Sales ratio for MESA stock in the period of the last 12 months amounting to 0.15. The Price to Book ratio for the last quarter was 0.29. Price to Free Cash Flow for MESA in the course of the last twelve months was 2.53 with Quick ratio for the last quarter at 0.30.
How has MESA stock performed recently?
Mesa Air Group Inc. [MESA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.82. With this latest performance, MESA shares dropped by -1.24% in over the last four-week period, additionally sinking by -61.29% over the last 6 months – not to mention a drop of -66.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MESA stock in for the last two-week period is set at 47.95, with the RSI for the last a single of trading hit 47.45, and the three-weeks RSI is set at 48.43 for Mesa Air Group Inc. [MESA]. The present Moving Average for the last 50 days of trading for this stock 3.54, while it was recorded at 3.94 for the last single week of trading, and 6.29 for the last 200 days.
Mesa Air Group Inc. [MESA]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Mesa Air Group Inc. [MESA] shares currently have an operating margin of +18.07 and a Gross Margin at +25.05. Mesa Air Group Inc.’s Net Margin is presently recorded at +6.58.
Return on Total Capital for MESA is now 10.21, given the latest momentum, and Return on Invested Capital for the company is 4.25. Return on Equity for this stock inclined to 11.89, with Return on Assets sitting at 3.02. When it comes to the capital structure of this company, Mesa Air Group Inc. [MESA] has a Total Debt to Total Equity ratio set at 198.02. Additionally, MESA Total Debt to Total Capital is recorded at 66.45, with Total Debt to Total Assets ending up at 53.74. Long-Term Debt to Equity for the company is recorded at 159.07, with the Long-Term Debt to Total Capital now at 53.37.
Reflecting on the efficiency of the workforce at the company, Mesa Air Group Inc. [MESA] managed to generate an average of $13,305 per employee. Receivables Turnover for the company is 38.71 with a Total Asset Turnover recorded at a value of 0.46.Mesa Air Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.
Earnings analysis for Mesa Air Group Inc. [MESA]
With the latest financial reports released by the company, Mesa Air Group Inc. posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at 0.55/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -45.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MESA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mesa Air Group Inc. go to 9.90%.
Insider trade positions for Mesa Air Group Inc. [MESA]
There are presently around $92 million, or 85.30% of MESA stock, in the hands of institutional investors. The top three institutional holders of MESA stocks are: U S GLOBAL INVESTORS INC with ownership of 2,537,400, which is approximately 1409.611% of the company’s market cap and around 4.50% of the total institutional ownership; OWL CREEK ASSET MANAGEMENT, L.P., holding 2,462,068 shares of the stock with an approximate value of $8.83 million in MESA stocks shares; and MSD PARTNERS, L.P., currently with $8.44 million in MESA stock with ownership of nearly 81.617% of the company’s market capitalization.
41 institutional holders increased their position in Mesa Air Group Inc. [NASDAQ:MESA] by around 6,730,098 shares. Additionally, 50 investors decreased positions by around 5,316,729 shares, while 8 investors held positions by with 13,563,253 shares. The mentioned changes placed institutional holdings at 25,610,080 shares, according to the latest SEC report filing. MESA stock had 10 new institutional investments in for a total of 384,671 shares, while 19 institutional investors sold positions of 2,240,516 shares during the same period.